Winder Investment Pte Ltd Purchases 40,000 Shares of Internationa Flavors & Fragrances, Inc. (NYSE:IFF) Stock

Internationa Flavors & Fragrances, Inc. (NYSE:IFF) major shareholder Winder Investment Pte Ltd purchased 40,000 shares of Internationa Flavors & Fragrances stock in a transaction dated Monday, July 24th. The stock was bought at an average price of $132.30 per share, with a total value of $5,292,000.00. Following the completion of the transaction, the insider now owns 9,461,793 shares of the company’s stock, valued at approximately $1,251,795,213.90. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Major shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

Winder Investment Pte Ltd also recently made the following trade(s):

  • On Wednesday, August 9th, Winder Investment Pte Ltd purchased 18,084 shares of Internationa Flavors & Fragrances stock. The stock was bought at an average price of $135.33 per share, with a total value of $2,447,307.72.
  • On Tuesday, August 8th, Winder Investment Pte Ltd bought 100,000 shares of Internationa Flavors & Fragrances stock. The shares were acquired at an average price of $134.90 per share, with a total value of $13,490,000.00.
  • On Monday, August 7th, Winder Investment Pte Ltd bought 100,000 shares of Internationa Flavors & Fragrances stock. The shares were acquired at an average price of $134.84 per share, with a total value of $13,484,000.00.
  • On Friday, August 4th, Winder Investment Pte Ltd bought 59,190 shares of Internationa Flavors & Fragrances stock. The shares were acquired at an average price of $134.62 per share, with a total value of $7,968,157.80.
  • On Thursday, August 3rd, Winder Investment Pte Ltd bought 100,000 shares of Internationa Flavors & Fragrances stock. The shares were acquired at an average price of $133.35 per share, with a total value of $13,335,000.00.
  • On Wednesday, August 2nd, Winder Investment Pte Ltd bought 80,000 shares of Internationa Flavors & Fragrances stock. The shares were acquired at an average price of $133.99 per share, with a total value of $10,719,200.00.
  • On Monday, July 31st, Winder Investment Pte Ltd bought 80,000 shares of Internationa Flavors & Fragrances stock. The shares were acquired at an average price of $133.27 per share, with a total value of $10,661,600.00.
  • On Tuesday, August 1st, Winder Investment Pte Ltd bought 18,214 shares of Internationa Flavors & Fragrances stock. The shares were acquired at an average price of $134.30 per share, with a total value of $2,446,140.20.
  • On Friday, July 28th, Winder Investment Pte Ltd bought 79,204 shares of Internationa Flavors & Fragrances stock. The shares were acquired at an average price of $133.18 per share, with a total value of $10,548,388.72.
  • On Thursday, July 27th, Winder Investment Pte Ltd bought 80,000 shares of Internationa Flavors & Fragrances stock. The shares were acquired at an average price of $133.67 per share, with a total value of $10,693,600.00.

Internationa Flavors & Fragrances, Inc. (NYSE IFF) traded down 1.07% during midday trading on Friday, hitting $135.38. The stock had a trading volume of 371,990 shares. Internationa Flavors & Fragrances, Inc. has a 1-year low of $113.16 and a 1-year high of $143.64. The stock’s 50-day moving average is $134.23 and its 200-day moving average is $131.49. The company has a market capitalization of $10.69 billion, a PE ratio of 27.32 and a beta of 1.11.

Internationa Flavors & Fragrances (NYSE:IFF) last released its quarterly earnings results on Tuesday, August 8th. The specialty chemicals company reported $1.50 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.45 by $0.05. The company had revenue of $842.86 million during the quarter, compared to analyst estimates of $845.89 million. Internationa Flavors & Fragrances had a return on equity of 26.83% and a net margin of 12.31%. The firm’s revenue was up 6.2% on a year-over-year basis. During the same quarter last year, the business posted $1.47 earnings per share. Equities research analysts forecast that Internationa Flavors & Fragrances, Inc. will post $5.75 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, October 6th. Investors of record on Monday, September 25th will be given a $0.69 dividend. The ex-dividend date is Friday, September 22nd. This represents a $2.76 annualized dividend and a yield of 2.04%. This is a positive change from Internationa Flavors & Fragrances’s previous quarterly dividend of $0.64. Internationa Flavors & Fragrances’s dividend payout ratio (DPR) is currently 51.72%.

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IFF has been the subject of several recent analyst reports. Zacks Investment Research cut Internationa Flavors & Fragrances from a “hold” rating to a “sell” rating in a research report on Tuesday, April 18th. Vertical Research lowered Internationa Flavors & Fragrances from a “buy” rating to a “hold” rating in a research note on Tuesday, May 9th. Vertical Group lowered Internationa Flavors & Fragrances from a “buy” rating to a “hold” rating in a research note on Tuesday, May 9th. Deutsche Bank AG lifted their price target on Internationa Flavors & Fragrances from $125.00 to $132.00 and gave the stock a “hold” rating in a research note on Wednesday, May 10th. Finally, Barclays PLC reaffirmed a “sell” rating on shares of Internationa Flavors & Fragrances in a research note on Friday, May 12th. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating and six have assigned a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $140.61.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Winder Investment Pte Ltd raised its position in Internationa Flavors & Fragrances by 6.9% in the second quarter. Winder Investment Pte Ltd now owns 9,250,793 shares of the specialty chemicals company’s stock valued at $1,248,857,000 after buying an additional 595,140 shares in the last quarter. Vanguard Group Inc. raised its position in Internationa Flavors & Fragrances by 8.2% in the second quarter. Vanguard Group Inc. now owns 8,765,573 shares of the specialty chemicals company’s stock valued at $1,183,352,000 after buying an additional 666,120 shares in the last quarter. BlackRock Inc. raised its position in Internationa Flavors & Fragrances by 2.3% in the second quarter. BlackRock Inc. now owns 5,034,108 shares of the specialty chemicals company’s stock valued at $679,605,000 after buying an additional 113,160 shares in the last quarter. State Street Corp raised its position in Internationa Flavors & Fragrances by 0.5% in the first quarter. State Street Corp now owns 3,499,382 shares of the specialty chemicals company’s stock valued at $463,783,000 after buying an additional 16,648 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its position in Internationa Flavors & Fragrances by 2.3% in the first quarter. Bank of New York Mellon Corp now owns 2,360,327 shares of the specialty chemicals company’s stock valued at $312,814,000 after buying an additional 54,086 shares in the last quarter. Institutional investors own 84.53% of the company’s stock.

Internationa Flavors & Fragrances Company Profile

International Flavors & Fragrances Inc creates, manufactures and supplies flavors and fragrances (including cosmetic active ingredients) used to impart or improve flavor or fragrance in a range of consumer products. The Company operates in two segments: Flavors and Fragrances. The Flavors segment offers flavor compounds that are sold to the food and beverage industries for use in consumer products, such as prepared foods, beverages, dairy, food and sweet products.

Insider Buying and Selling by Quarter for Internationa Flavors & Fragrances (NYSE:IFF)

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