International Flavors & Fragrances Inc. $IFF Holdings Lifted by Vanguard Group Inc.

Vanguard Group Inc. boosted its holdings in shares of International Flavors & Fragrances Inc. (NYSE:IFF) by 0.8% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 31,133,186 shares of the specialty chemicals company’s stock after acquiring an additional 252,983 shares during the quarter. Vanguard Group Inc. owned 12.15% of International Flavors & Fragrances worth $1,915,936,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in IFF. True Wealth Design LLC lifted its position in shares of International Flavors & Fragrances by 896.4% in the third quarter. True Wealth Design LLC now owns 548 shares of the specialty chemicals company’s stock worth $34,000 after purchasing an additional 493 shares in the last quarter. Geneos Wealth Management Inc. lifted its position in International Flavors & Fragrances by 55.7% in the 1st quarter. Geneos Wealth Management Inc. now owns 587 shares of the specialty chemicals company’s stock worth $46,000 after buying an additional 210 shares in the last quarter. Elkhorn Partners Limited Partnership boosted its stake in shares of International Flavors & Fragrances by 200.0% during the 2nd quarter. Elkhorn Partners Limited Partnership now owns 600 shares of the specialty chemicals company’s stock valued at $44,000 after buying an additional 400 shares during the period. CYBER HORNET ETFs LLC purchased a new position in shares of International Flavors & Fragrances during the 2nd quarter valued at $49,000. Finally, Transamerica Financial Advisors LLC raised its holdings in shares of International Flavors & Fragrances by 884.1% during the second quarter. Transamerica Financial Advisors LLC now owns 679 shares of the specialty chemicals company’s stock worth $50,000 after acquiring an additional 610 shares in the last quarter. Institutional investors and hedge funds own 96.02% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have commented on the company. Deutsche Bank Aktiengesellschaft boosted their target price on International Flavors & Fragrances from $75.00 to $95.00 and gave the company a “buy” rating in a research note on Tuesday. UBS Group raised their price objective on shares of International Flavors & Fragrances from $71.00 to $85.00 and gave the company a “neutral” rating in a research report on Friday, February 13th. Wells Fargo & Company boosted their target price on shares of International Flavors & Fragrances from $85.00 to $100.00 and gave the stock an “overweight” rating in a research report on Friday, February 13th. Wall Street Zen upgraded shares of International Flavors & Fragrances from a “sell” rating to a “hold” rating in a report on Sunday, January 4th. Finally, Bank of America upped their price objective on shares of International Flavors & Fragrances from $84.00 to $88.00 and gave the stock a “buy” rating in a report on Thursday, January 8th. Thirteen analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, International Flavors & Fragrances presently has a consensus rating of “Moderate Buy” and an average target price of $91.17.

International Flavors & Fragrances Trading Down 1.6%

Shares of NYSE:IFF opened at $81.63 on Friday. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.85 and a current ratio of 1.42. The stock’s 50-day moving average is $71.11 and its 200-day moving average is $66.99. The company has a market cap of $20.91 billion, a P/E ratio of -59.58, a P/E/G ratio of 2.16 and a beta of 1.05. International Flavors & Fragrances Inc. has a 52-week low of $59.14 and a 52-week high of $84.45.

International Flavors & Fragrances (NYSE:IFF) last announced its earnings results on Wednesday, February 11th. The specialty chemicals company reported $0.80 earnings per share for the quarter, missing the consensus estimate of $0.85 by ($0.05). The business had revenue of $2.59 billion for the quarter, compared to the consensus estimate of $2.52 billion. International Flavors & Fragrances had a negative net margin of 3.20% and a positive return on equity of 7.67%. International Flavors & Fragrances’s revenue for the quarter was down 6.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.97 EPS. Equities research analysts predict that International Flavors & Fragrances Inc. will post 4.32 earnings per share for the current year.

International Flavors & Fragrances Profile

International Flavors & Fragrances Inc (NYSE:IFF) is a global leader in the creation and production of flavors, fragrances, cosmetic actives and nutritional lipids. The company develops taste and scent solutions for a wide array of end markets including food and beverage, personal care, household goods and pharmaceutical products. Its portfolio spans natural and nature-identical flavors, fine fragrances, functional ingredients for skin and hair care, and specialty oils that enhance nutritional value and sensory appeal.

IFF’s research and development network comprises innovation centers in North America, Europe, Asia-Pacific and Latin America, where multidisciplinary teams collaborate on aroma chemistry, sensory science and biotechnology.