Kera Capital Partners Inc. Takes $878,000 Position in Ingredion Incorporated $INGR

Kera Capital Partners Inc. acquired a new stake in Ingredion Incorporated (NYSE:INGR) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 7,435 shares of the company’s stock, valued at approximately $878,000.

Several other large investors have also recently added to or reduced their stakes in INGR. Integrated Wealth Concepts LLC increased its position in shares of Ingredion by 32.8% during the first quarter. Integrated Wealth Concepts LLC now owns 2,082 shares of the company’s stock worth $281,000 after acquiring an additional 514 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Ingredion by 63.9% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 3,694 shares of the company’s stock valued at $499,000 after purchasing an additional 1,440 shares during the period. NewEdge Advisors LLC boosted its holdings in Ingredion by 9.0% in the first quarter. NewEdge Advisors LLC now owns 9,687 shares of the company’s stock valued at $1,310,000 after purchasing an additional 797 shares during the period. Goldman Sachs Group Inc. grew its stake in Ingredion by 5.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 101,414 shares of the company’s stock worth $13,712,000 after purchasing an additional 5,255 shares in the last quarter. Finally, Focus Partners Wealth increased its holdings in Ingredion by 5.6% during the 1st quarter. Focus Partners Wealth now owns 3,636 shares of the company’s stock worth $492,000 after purchasing an additional 192 shares during the period. 85.27% of the stock is owned by hedge funds and other institutional investors.

Ingredion Trading Down 0.9%

NYSE:INGR opened at $97.95 on Friday. Ingredion Incorporated has a 1 year low of $97.12 and a 1 year high of $140.47. The stock has a market cap of $6.18 billion, a P/E ratio of 9.44, a P/E/G ratio of 0.83 and a beta of 0.60. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.83 and a current ratio of 2.76. The stock has a 50-day simple moving average of $106.19 and a 200-day simple moving average of $110.94.

Ingredion (NYSE:INGR) last issued its earnings results on Tuesday, May 5th. The company reported $2.34 earnings per share for the quarter, missing the consensus estimate of $2.44 by ($0.10). The business had revenue of $1.79 billion for the quarter, compared to analyst estimates of $1.79 billion. Ingredion had a return on equity of 15.86% and a net margin of 9.36%.Ingredion’s revenue was down 1.2% on a year-over-year basis. During the same period last year, the business posted $2.97 EPS. Ingredion has set its FY 2026 guidance at 10.450-11.150 EPS. As a group, analysts anticipate that Ingredion Incorporated will post 10.88 earnings per share for the current fiscal year.

Ingredion Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 21st. Shareholders of record on Wednesday, July 1st will be issued a dividend of $0.82 per share. The ex-dividend date of this dividend is Wednesday, July 1st. This represents a $3.28 dividend on an annualized basis and a yield of 3.3%. Ingredion’s dividend payout ratio (DPR) is presently 31.60%.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on INGR. Benchmark reissued a “buy” rating on shares of Ingredion in a research report on Tuesday, June 9th. Oppenheimer cut shares of Ingredion from an “outperform” rating to a “market perform” rating in a report on Monday, June 8th. UBS Group reiterated a “neutral” rating and issued a $114.00 price target on shares of Ingredion in a research note on Thursday, May 7th. Weiss Ratings reiterated a “hold (c)” rating on shares of Ingredion in a report on Friday, March 27th. Finally, Zacks Research downgraded shares of Ingredion from a “hold” rating to a “strong sell” rating in a research report on Tuesday, May 19th. One research analyst has rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $122.43.

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.