Key Points
- Larry Fernandes sold 3,630 shares at an average price of $118.40 on Feb. 11 for $429,792, cutting his stake by 10.17% to 32,055 shares (≈$3.8M).
- Ingredion missed quarterly EPS with $2.53 vs. $2.59 expected and reported $1.76B in revenue (vs. $1.78B), set FY2026 guidance of 11.00–11.8 EPS, and analysts project about 11.14 EPS for the year.
- The company pays a quarterly dividend of $0.82 ($3.28 annual, 2.8% yield, 29.4% payout ratio), has a $7.45B market cap and a PE of 10.51, and carries a consensus "Hold" rating with an average price target of $125.83.
Ingredion Incorporated (NYSE:INGR - Get Free Report) SVP Larry Fernandes sold 3,630 shares of the firm's stock in a transaction that occurred on Wednesday, February 11th. The shares were sold at an average price of $118.40, for a total transaction of $429,792.00. Following the completion of the transaction, the senior vice president directly owned 32,055 shares in the company, valued at approximately $3,795,312. The trade was a 10.17% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
Ingredion Price Performance
INGR opened at $117.28 on Friday. The company has a fifty day moving average price of $113.75 and a two-hundred day moving average price of $117.84. The firm has a market capitalization of $7.45 billion, a PE ratio of 10.51, a P/E/G ratio of 0.96 and a beta of 0.71. Ingredion Incorporated has a 52 week low of $102.31 and a 52 week high of $141.78. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.73 and a current ratio of 2.66.
Ingredion (NYSE:INGR - Get Free Report) last posted its quarterly earnings results on Tuesday, February 3rd. The company reported $2.53 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.59 by ($0.06). Ingredion had a return on equity of 17.32% and a net margin of 10.10%.The company had revenue of $1.76 billion during the quarter, compared to the consensus estimate of $1.78 billion. During the same quarter in the prior year, the business earned $2.63 earnings per share. The firm's revenue for the quarter was down 2.4% on a year-over-year basis. Ingredion has set its FY 2026 guidance at 11.000-11.8 EPS. As a group, analysts anticipate that Ingredion Incorporated will post 11.14 earnings per share for the current year.
Ingredion Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, January 20th. Stockholders of record on Friday, January 2nd were given a dividend of $0.82 per share. This represents a $3.28 annualized dividend and a dividend yield of 2.8%. The ex-dividend date was Friday, January 2nd. Ingredion's payout ratio is presently 29.39%.
Institutional Inflows and Outflows
A number of hedge funds have recently modified their holdings of INGR. Massachusetts Financial Services Co. MA lifted its holdings in Ingredion by 2.2% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 1,369,448 shares of the company's stock worth $167,223,000 after purchasing an additional 29,433 shares during the last quarter. Oxbow Advisors LLC acquired a new stake in shares of Ingredion during the third quarter worth $2,784,000. Nordea Investment Management AB boosted its position in shares of Ingredion by 66.3% in the second quarter. Nordea Investment Management AB now owns 722,933 shares of the company's stock valued at $97,531,000 after acquiring an additional 288,201 shares during the period. Acadian Asset Management LLC boosted its position in shares of Ingredion by 16.2% in the second quarter. Acadian Asset Management LLC now owns 510,181 shares of the company's stock valued at $69,176,000 after acquiring an additional 71,305 shares during the period. Finally, Y Intercept Hong Kong Ltd grew its stake in shares of Ingredion by 479.3% in the third quarter. Y Intercept Hong Kong Ltd now owns 24,434 shares of the company's stock valued at $2,984,000 after acquiring an additional 20,216 shares in the last quarter. 85.27% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
INGR has been the topic of several recent analyst reports. Weiss Ratings reissued a "hold (c)" rating on shares of Ingredion in a research note on Monday, December 29th. Jefferies Financial Group reissued a "hold" rating on shares of Ingredion in a research report on Wednesday, February 4th. Stephens reissued an "equal weight" rating and issued a $120.00 price target on shares of Ingredion in a report on Wednesday, February 4th. iA Financial set a $124.00 price objective on shares of Ingredion in a research report on Thursday, November 6th. Finally, Wall Street Zen lowered Ingredion from a "buy" rating to a "hold" rating in a research report on Saturday, January 31st. One research analyst has rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $125.83.
Read Our Latest Research Report on INGR
Ingredion Company Profile
(
Get 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.
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