Brokerages Set Ingredion Incorporated (NYSE:INGR) PT at $125.83

Ingredion Incorporated (NYSE:INGR) has earned a consensus rating of “Hold” from the eight ratings firms that are presently covering the company, Marketbeat reports. Seven analysts have rated the stock with a hold rating and one has issued a buy rating on the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $125.8333.

INGR has been the subject of a number of research reports. Wall Street Zen downgraded Ingredion from a “buy” rating to a “hold” rating in a report on Saturday, January 31st. Jefferies Financial Group reaffirmed a “hold” rating on shares of Ingredion in a research report on Wednesday, February 4th. Barclays lifted their price objective on shares of Ingredion from $124.00 to $128.00 and gave the stock an “equal weight” rating in a research note on Wednesday, February 4th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Ingredion in a report on Monday, December 29th. Finally, Zacks Research upgraded shares of Ingredion from a “strong sell” rating to a “hold” rating in a research report on Monday, December 22nd.

Insider Buying and Selling at Ingredion

In related news, SVP Larry Fernandes sold 1,125 shares of the firm’s stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $116.55, for a total value of $131,118.75. Following the transaction, the senior vice president owned 30,514 shares in the company, valued at approximately $3,556,406.70. This trade represents a 3.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO James P. Zallie sold 9,958 shares of the business’s stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $116.55, for a total value of $1,160,604.90. Following the completion of the transaction, the chief executive officer directly owned 33,011 shares of the company’s stock, valued at approximately $3,847,432.05. This trade represents a 23.17% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 48,311 shares of company stock worth $5,741,840. 2.30% of the stock is currently owned by insiders.

Institutional Trading of Ingredion

Institutional investors and hedge funds have recently made changes to their positions in the company. WPG Advisers LLC raised its position in Ingredion by 100.8% during the third quarter. WPG Advisers LLC now owns 245 shares of the company’s stock valued at $30,000 after purchasing an additional 123 shares in the last quarter. Hantz Financial Services Inc. increased its stake in shares of Ingredion by 810.7% in the 2nd quarter. Hantz Financial Services Inc. now owns 255 shares of the company’s stock valued at $35,000 after purchasing an additional 227 shares during the last quarter. International Assets Investment Management LLC acquired a new position in shares of Ingredion during the 4th quarter worth $30,000. Root Financial Partners LLC acquired a new position in shares of Ingredion during the 3rd quarter worth $36,000. Finally, Los Angeles Capital Management LLC bought a new stake in shares of Ingredion during the 4th quarter worth $36,000. Institutional investors own 85.27% of the company’s stock.

Ingredion Trading Up 0.3%

Shares of INGR stock opened at $117.52 on Friday. Ingredion has a 12-month low of $102.31 and a 12-month high of $141.78. The firm has a 50 day moving average price of $115.27 and a two-hundred day moving average price of $116.99. The company has a quick ratio of 1.73, a current ratio of 2.66 and a debt-to-equity ratio of 0.41. The company has a market capitalization of $7.40 billion, a PE ratio of 10.53, a price-to-earnings-growth ratio of 0.92 and a beta of 0.71.

Ingredion (NYSE:INGR) last announced its earnings results on Tuesday, February 3rd. The company reported $2.53 earnings per share for the quarter, missing analysts’ consensus estimates of $2.59 by ($0.06). The firm had revenue of $1.76 billion for the quarter, compared to the consensus estimate of $1.78 billion. Ingredion had a return on equity of 17.32% and a net margin of 10.10%.Ingredion’s revenue for the quarter was down 2.4% on a year-over-year basis. During the same quarter last year, the business posted $2.63 EPS. Ingredion has set its FY 2026 guidance at 11.000-11.8 EPS. As a group, analysts predict that Ingredion will post 11.14 earnings per share for the current year.

Ingredion Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, January 20th. Shareholders of record on Friday, January 2nd were issued a $0.82 dividend. The ex-dividend date of this dividend was Friday, January 2nd. This represents a $3.28 annualized dividend and a yield of 2.8%. Ingredion’s payout ratio is currently 29.39%.

Ingredion Company Profile

Ingredion Incorporated is a global ingredient solutions company specializing in the production and sale of starches, sweeteners, nutrition ingredients and biomaterials derived primarily from corn and other plant-based raw materials. The company serves a diverse set of industries, including food and beverage, brewing, pharmaceuticals and personal care, providing functional ingredients that enhance texture, stability, flavor and nutritional value in a wide array of end products.

The company’s product portfolio comprises native and modified starches, high-fructose corn syrup, dextrose, maltodextrins, specialty sweeteners and various texturizers.