7,354 Ingredion Incorporated $INGR Shares Acquired by Vest Financial LLC

Vest Financial LLC increased its position in shares of Ingredion Incorporated (NYSE:INGR) by 11.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 71,862 shares of the company’s stock after acquiring an additional 7,354 shares during the period. Vest Financial LLC owned about 0.11% of Ingredion worth $6,885,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the company. Axxcess Wealth Management LLC grew its stake in Ingredion by 31.6% in the third quarter. Axxcess Wealth Management LLC now owns 3,315 shares of the company’s stock valued at $318,000 after purchasing an additional 796 shares in the last quarter. Quadrant Capital Group LLC increased its position in Ingredion by 229.4% in the 3rd quarter. Quadrant Capital Group LLC now owns 26,339 shares of the company’s stock worth $2,562,000 after purchasing an additional 18,344 shares during the last quarter. Nisa Investment Advisors LLC increased its position in Ingredion by 0.6% in the 3rd quarter. Nisa Investment Advisors LLC now owns 24,795 shares of the company’s stock worth $2,376,000 after purchasing an additional 141 shares during the last quarter. Net Worth Advisory Group raised its stake in shares of Ingredion by 2.9% during the 3rd quarter. Net Worth Advisory Group now owns 5,320 shares of the company’s stock worth $505,000 after purchasing an additional 148 shares in the last quarter. Finally, Abel Hall LLC raised its stake in shares of Ingredion by 6.1% during the 3rd quarter. Abel Hall LLC now owns 5,770 shares of the company’s stock worth $553,000 after purchasing an additional 333 shares in the last quarter. Institutional investors and hedge funds own 85.27% of the company’s stock.

Insider Buying and Selling

In other news, Director David Fischer sold 1,662 shares of the company’s stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $102.31, for a total transaction of $170,039.22. Following the completion of the transaction, the director directly owned 19,930 shares in the company, valued at $2,039,038.30. The trade was a 7.70% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.60% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on INGR shares. Zacks Research upgraded Ingredion from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 14th. Barclays dropped their price objective on Ingredion from $118.00 to $115.00 and set an “equal weight” rating on the stock in a report on Wednesday, October 14th. UBS Group dropped their price objective on Ingredion from $108.00 to $104.00 and set a “neutral” rating on the stock in a report on Monday, October 5th. Finally, Weiss Ratings lowered shares of Ingredion from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, October 8th. One investment analyst has rated the stock with a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $120.29.

Ingredion Stock Up 1.8%

INGR stock opened at $97.41 on Friday. The stock has a market capitalization of $6.14 billion, a price-to-earnings ratio of 9.16, a price-to-earnings-growth ratio of 0.81 and a beta of 0.65. The company has a 50-day moving average of $99.67 and a two-hundred day moving average of $102.31. Ingredion Incorporated has a 52-week low of $93.72 and a 52-week high of $123.49. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.80 and a quick ratio of 1.92.

Ingredion (NYSE:INGR) last posted its quarterly earnings data on Tuesday, August 4th. The company reported $2.82 EPS for the quarter, topping analysts’ consensus estimates of $2.71 by $0.11. Ingredion had a return on equity of 15.40% and a net margin of 8.21%. The business had revenue of $1.85 billion for the quarter, compared to analyst estimates of $1.83 billion. During the same period in the previous year, the company posted $2.87 earnings per share. The firm’s revenue for the quarter was up .9% on a year-over-year basis. Ingredion has set its FY 2026 guidance at 10.300-10.900 EPS. As a group, equities research analysts anticipate that Ingredion Incorporated will post 10.76 EPS for the current year.

Ingredion Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 20th. Shareholders of record on Thursday, October 1st were given a $0.83 dividend. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $3.32 annualized dividend and a yield of 3.4%. This is an increase from Ingredion’s previous quarterly dividend of $0.82. Ingredion’s dividend payout ratio (DPR) is presently 36.21%.

Ingredion Profile

Ingredion Incorporated (NYSE: INGR) is a global ingredient solutions provider that develops and produces starches, sweeteners, texturizers, fibers, plant-based proteins and other specialty ingredients. The company processes plant-based raw materials, including corn, tapioca, potato, rice and other grains, into ingredients used by manufacturers across a range of industries.

Ingredion’s products support food and beverage applications such as bakery products, dairy and alternative dairy, confectionery, beverages and prepared foods.