Measured Wealth Private Client Group LLC Trims Stake in Ingredion Incorporated $INGR

Measured Wealth Private Client Group LLC trimmed its stake in Ingredion Incorporated (NYSE:INGRFree Report) by 76.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,647 shares of the company’s stock after selling 5,372 shares during the period. Measured Wealth Private Client Group LLC’s holdings in Ingredion were worth $182,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of INGR. International Assets Investment Management LLC purchased a new stake in shares of Ingredion in the 4th quarter worth $30,000. Capital Advisors Ltd. LLC increased its stake in Ingredion by 40.5% in the 4th quarter. Capital Advisors Ltd. LLC now owns 354 shares of the company’s stock worth $39,000 after buying an additional 102 shares in the last quarter. Ares Financial Consulting LLC purchased a new stake in Ingredion in the 4th quarter worth $46,000. Caitong International Asset Management Co. Ltd increased its stake in Ingredion by 166.4% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 381 shares of the company’s stock worth $47,000 after buying an additional 238 shares in the last quarter. Finally, Hantz Financial Services Inc. increased its stake in Ingredion by 65.5% in the 3rd quarter. Hantz Financial Services Inc. now owns 422 shares of the company’s stock worth $52,000 after buying an additional 167 shares in the last quarter. 85.27% of the stock is currently owned by hedge funds and other institutional investors.

Ingredion Trading Up 0.3%

Shares of Ingredion stock opened at $101.74 on Monday. The firm has a market cap of $6.42 billion, a price-to-earnings ratio of 9.80, a PEG ratio of 0.85 and a beta of 0.60. The business has a 50-day moving average price of $109.30 and a 200-day moving average price of $111.61. The company has a quick ratio of 1.83, a current ratio of 2.76 and a debt-to-equity ratio of 0.40. Ingredion Incorporated has a twelve month low of $98.29 and a twelve month high of $140.47.

Ingredion (NYSE:INGRGet Free Report) last issued its quarterly earnings data on Tuesday, May 5th. The company reported $2.34 earnings per share for the quarter, missing analysts’ consensus estimates of $2.44 by ($0.10). The firm had revenue of $1.79 billion for the quarter, compared to analysts’ expectations of $1.79 billion. Ingredion had a net margin of 9.36% and a return on equity of 15.86%. The company’s revenue for the quarter was down 1.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.97 EPS. Ingredion has set its FY 2026 guidance at 10.450-11.150 EPS. Equities research analysts anticipate that Ingredion Incorporated will post 10.88 EPS for the current fiscal year.

Ingredion Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 21st. Shareholders of record on Wednesday, July 1st will be paid a $0.82 dividend. The ex-dividend date of this dividend is Wednesday, July 1st. This represents a $3.28 annualized dividend and a yield of 3.2%. Ingredion’s dividend payout ratio (DPR) is presently 31.60%.

Insider Transactions at Ingredion

In other Ingredion news, VP Davida Marie Gable sold 375 shares of the firm’s stock in a transaction dated Wednesday, March 18th. The shares were sold at an average price of $112.44, for a total value of $42,165.00. Following the completion of the sale, the vice president owned 7,110 shares of the company’s stock, valued at $799,448.40. This trade represents a 5.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 1.60% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on INGR shares. Oppenheimer cut their price target on Ingredion from $130.00 to $126.00 and set an “outperform” rating for the company in a research note on Wednesday, April 22nd. Weiss Ratings reiterated a “hold (c)” rating on shares of Ingredion in a research note on Friday, March 27th. BMO Capital Markets reiterated a “market perform” rating on shares of Ingredion in a research note on Wednesday, February 4th. Zacks Research lowered Ingredion from a “hold” rating to a “strong sell” rating in a research note on Tuesday, May 19th. Finally, Jefferies Financial Group reissued a “hold” rating on shares of Ingredion in a report on Wednesday, February 4th. Two investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $122.43.

Get Our Latest Stock Report on INGR

About Ingredion

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Ingredion (NYSE:INGR)

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