17,908 International Flavors & Fragrances Inc. $IFF Shares Sold by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. lowered its stake in shares of International Flavors & Fragrances Inc. (NYSE:IFF) by 3.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 508,515 shares of the specialty chemicals company’s stock after selling 17,908 shares during the period. Sumitomo Mitsui Trust Group Inc. owned 0.20% of International Flavors & Fragrances worth $42,451,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in IFF. BlackRock Inc. purchased a new stake in shares of International Flavors & Fragrances during the 2nd quarter valued at $1,835,955,000. Nykredit A S purchased a new stake in International Flavors & Fragrances in the second quarter valued at about $223,065,000. Bank of America Corp DE acquired a new stake in International Flavors & Fragrances in the second quarter worth about $131,760,000. Dimensional Fund Advisors LP boosted its holdings in International Flavors & Fragrances by 8.9% in the first quarter. Dimensional Fund Advisors LP now owns 1,809,090 shares of the specialty chemicals company’s stock worth $131,222,000 after acquiring an additional 147,896 shares in the last quarter. Finally, Bank of New York Mellon Corp purchased a new stake in shares of International Flavors & Fragrances during the second quarter worth about $122,792,000. Institutional investors own 96.02% of the company’s stock.

International Flavors & Fragrances News Summary

Here are the key news stories impacting International Flavors & Fragrances this week:

• Positive Sentiment: Third-quarter revenue of $1.94 billion and adjusted EPS of $0.83 topped analyst estimates of $1.91 billion and $0.81. Revenue grew 3.9% year over year, with Taste and Scent cited as areas of strength. IFF also raised its full-year 2026 guidance. Article: IFF Earnings Beat Estimates in Q3 on Taste & Scent Strength
• Neutral Sentiment: JPMorgan and Bank of America are preparing a $2.4 billion debt sale connected to CVC’s IFF deal. The report points to financing activity around the transaction, but does not specify a direct effect on IFF’s operating results. Article: JPMorgan, BofA Prepare $2.4 Billion Debt Sale for CVC’s IFF Deal
• Negative Sentiment: Despite the adjusted earnings beat, EPS was below the $1.05 reported a year earlier, and IFF swung to a reported quarterly loss. Reports highlighted a soft near-term outlook and rising costs, including concerns about fourth-quarter profitability. This helps explain why investors may have focused more on margin and outlook risks than on the quarterly beat. Article: IFF shares fall on soft 2026 guidance despite Q3 beat

International Flavors & Fragrances Trading Down 5.1%

Shares of NYSE:IFF opened at $87.47 on Thursday. The business has a 50 day moving average of $87.19 and a two-hundred day moving average of $78.85. The company has a current ratio of 2.06, a quick ratio of 1.72 and a debt-to-equity ratio of 0.34. International Flavors & Fragrances Inc. has a 12-month low of $61.72 and a 12-month high of $95.27. The company has a market capitalization of $22.32 billion, a PE ratio of 123.19, a PEG ratio of 3.96 and a beta of 0.86.

International Flavors & Fragrances (NYSE:IFF) last issued its quarterly earnings data on Tuesday, November 3rd. The specialty chemicals company reported $0.83 EPS for the quarter, beating the consensus estimate of $0.81 by $0.02. International Flavors & Fragrances had a return on equity of 6.72% and a net margin of 1.97%. The company had revenue of $1.94 billion for the quarter, compared to analyst estimates of $1.91 billion. During the same period last year, the company earned $1.05 earnings per share. International Flavors & Fragrances’s quarterly revenue was up 3.9% compared to the same quarter last year. As a group, analysts forecast that International Flavors & Fragrances Inc. will post 3.24 EPS for the current year.

International Flavors & Fragrances Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 13th. Investors of record on Saturday, December 19th will be paid a $0.40 dividend. The ex-dividend date of this dividend is Friday, December 18th. This represents a $1.60 dividend on an annualized basis and a yield of 1.8%. International Flavors & Fragrances’s dividend payout ratio (DPR) is currently 146.79%.

International Flavors & Fragrances declared that its Board of Directors has authorized a share repurchase plan on Tuesday, August 4th that permits the company to buy back $2.50 billion in outstanding shares. This repurchase authorization permits the specialty chemicals company to purchase up to 12.1% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s leadership believes its stock is undervalued.

Analyst Ratings Changes

IFF has been the topic of several recent analyst reports. Weiss Ratings upgraded shares of International Flavors & Fragrances from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, October 8th. Wall Street Zen upgraded shares of International Flavors & Fragrances from a “sell” rating to a “hold” rating in a research note on Sunday, October 25th. Argus boosted their target price on shares of International Flavors & Fragrances from $85.00 to $95.00 and gave the stock a “buy” rating in a research report on Wednesday, October 7th. Zacks Research upgraded shares of International Flavors & Fragrances from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 20th. Finally, Oppenheimer raised their price target on shares of International Flavors & Fragrances from $95.00 to $108.00 and gave the stock an “outperform” rating in a report on Thursday, October 22nd. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $94.28.

Insider Activity

In other International Flavors & Fragrances news, insider De Mendonca Ana Paula Teles sold 5,718 shares of the stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $83.19, for a total transaction of $475,680.42. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Marc Birenkrant sold 1,000 shares of the firm’s stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $85.00, for a total value of $85,000.00. Following the completion of the transaction, the chief accounting officer owned 3,446 shares in the company, valued at approximately $292,910. This trade represents a 22.49% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 1.07% of the company’s stock.

International Flavors & Fragrances Profile

International Flavors & Fragrances Inc (NYSE:IFF) develops and manufactures ingredients, flavor systems, fragrances and specialty solutions used in consumer and industrial products. Its offerings support food and beverage manufacturers, fragrance and personal care companies, household-product makers, pharmaceutical businesses and other customers.

The company’s portfolio includes flavors for beverages, dairy products, sweet goods, savory foods and other applications; fragrances for fine fragrance, personal care and home care products; and functional ingredients, enzymes, cultures, natural extracts and other specialty materials.