Internationa Flavors & Fragrances, Inc. (NYSE:IFF) major shareholder Winder Investment Pte Ltd purchased 23,000 shares of the firm’s stock in a transaction that occurred on Monday, July 17th. The shares were bought at an average price of $133.94 per share, with a total value of $3,080,620.00. Following the acquisition, the insider now directly owns 9,393,793 shares of the company’s stock, valued at approximately $1,258,204,634.42. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Major shareholders that own at least 10% 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 Friday, July 14th, Winder Investment Pte Ltd purchased 40,000 shares of Internationa Flavors & Fragrances stock. The shares were bought at an average price of $133.73 per share, with a total value of $5,349,200.00.
  • On Thursday, July 13th, Winder Investment Pte Ltd purchased 40,000 shares of Internationa Flavors & Fragrances stock. The shares were bought at an average price of $132.80 per share, with a total value of $5,312,000.00.
  • On Wednesday, July 12th, Winder Investment Pte Ltd purchased 20,000 shares of Internationa Flavors & Fragrances stock. The shares were bought at an average price of $133.29 per share, with a total value of $2,665,800.00.
  • On Thursday, July 6th, Winder Investment Pte Ltd purchased 20,000 shares of Internationa Flavors & Fragrances stock. The shares were bought at an average price of $132.57 per share, with a total value of $2,651,400.00.
  • On Thursday, June 29th, Winder Investment Pte Ltd purchased 20,000 shares of Internationa Flavors & Fragrances stock. The shares were bought at an average price of $133.66 per share, with a total value of $2,673,200.00.
  • On Monday, June 26th, Winder Investment Pte Ltd purchased 20,000 shares of Internationa Flavors & Fragrances stock. The shares were bought at an average price of $137.08 per share, with a total value of $2,741,600.00.
  • On Friday, June 23rd, Winder Investment Pte Ltd purchased 20,000 shares of Internationa Flavors & Fragrances stock. The shares were bought at an average price of $136.23 per share, with a total value of $2,724,600.00.
  • On Wednesday, June 21st, Winder Investment Pte Ltd purchased 20,000 shares of Internationa Flavors & Fragrances stock. The shares were bought at an average price of $136.63 per share, with a total value of $2,732,600.00.
  • On Tuesday, June 20th, Winder Investment Pte Ltd acquired 20,000 shares of Internationa Flavors & Fragrances stock. The stock was acquired at an average price of $136.80 per share, with a total value of $2,736,000.00.
  • On Tuesday, May 23rd, Winder Investment Pte Ltd acquired 21,990 shares of Internationa Flavors & Fragrances stock. The stock was acquired at an average price of $135.91 per share, with a total value of $2,988,660.90.

Shares of Internationa Flavors & Fragrances, Inc. (IFF) traded up 0.88% during mid-day trading on Tuesday, reaching $135.06. The company had a trading volume of 303,548 shares. The firm has a 50 day moving average of $135.96 and a 200-day moving average of $128.19. Internationa Flavors & Fragrances, Inc. has a one year low of $113.16 and a one year high of $143.64. The stock has a market capitalization of $10.67 billion, a P/E ratio of 26.86 and a beta of 1.12.

Internationa Flavors & Fragrances (NYSE:IFF) last released its quarterly earnings results on Monday, May 8th. The specialty chemicals company reported $1.52 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.51 by $0.01. Internationa Flavors & Fragrances had a return on equity of 26.75% and a net margin of 12.72%. The business had revenue of $828.30 million during the quarter, compared to analyst estimates of $833.73 million. During the same quarter in the previous year, the company posted $1.45 earnings per share. Internationa Flavors & Fragrances’s revenue for the quarter was up 5.7% on a year-over-year basis. Analysts forecast that Internationa Flavors & Fragrances, Inc. will post $5.78 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 7th. Stockholders of record on Monday, June 26th were given a $0.64 dividend. The ex-dividend date of this dividend was Thursday, June 22nd. This represents a $2.56 annualized dividend and a dividend yield of 1.90%. Internationa Flavors & Fragrances’s payout ratio is 50.89%.

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Several institutional investors have recently made changes to their positions in IFF. Cleararc Capital Inc. increased its position in shares of Internationa Flavors & Fragrances by 0.6% in the first quarter. Cleararc Capital Inc. now owns 1,950 shares of the specialty chemicals company’s stock valued at $258,000 after buying an additional 11 shares during the last quarter. Albert D Mason Inc. increased its position in shares of Internationa Flavors & Fragrances by 0.4% in the first quarter. Albert D Mason Inc. now owns 8,135 shares of the specialty chemicals company’s stock valued at $1,078,000 after buying an additional 30 shares during the last quarter. Pacer Advisors Inc. increased its position in shares of Internationa Flavors & Fragrances by 3.1% in the first quarter. Pacer Advisors Inc. now owns 1,466 shares of the specialty chemicals company’s stock valued at $194,000 after buying an additional 44 shares during the last quarter. Perigon Wealth Management LLC increased its position in shares of Internationa Flavors & Fragrances by 1.5% in the first quarter. Perigon Wealth Management LLC now owns 3,125 shares of the specialty chemicals company’s stock valued at $416,000 after buying an additional 46 shares during the last quarter. Finally, Genesee Valley Trust Co. increased its position in shares of Internationa Flavors & Fragrances by 1.9% in the first quarter. Genesee Valley Trust Co. now owns 2,756 shares of the specialty chemicals company’s stock valued at $365,000 after buying an additional 51 shares during the last quarter. Institutional investors and hedge funds own 83.36% of the company’s stock.

A number of research analysts have issued reports on IFF shares. Vertical Group downgraded Internationa Flavors & Fragrances from a “buy” rating to a “hold” rating in a research note on Tuesday, May 9th. Zacks Investment Research downgraded Internationa Flavors & Fragrances from a “hold” rating to a “sell” rating in a research note on Tuesday, April 18th. Deutsche Bank AG upped their price objective on Internationa Flavors & Fragrances from $125.00 to $132.00 and gave the company a “hold” rating in a research note on Wednesday, May 10th. Stifel Nicolaus upped their price objective on Internationa Flavors & Fragrances from $123.00 to $127.00 and gave the company a “hold” rating in a research note on Monday, March 27th. Finally, Vertical Research downgraded Internationa Flavors & Fragrances from a “buy” rating to a “hold” rating in a research note on Tuesday, May 9th. Two research analysts have rated the stock with a sell rating, twelve have issued a hold rating and five have assigned a buy rating to the stock. Internationa Flavors & Fragrances has an average rating of “Hold” and an average price target of $139.68.

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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