Internationa Flavors & Fragrances, Inc. (NYSE:IFF) major shareholder Winder Investment Pte Ltd acquired 59,190 shares of the firm’s stock in a transaction on Friday, August 4th. The stock was purchased at an average price of $134.62 per share, with a total value of $7,968,157.80. Following the purchase, the insider now owns 10,078,401 shares in the company, valued at approximately $1,356,754,342.62. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. Major shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

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

  • On Thursday, August 3rd, Winder Investment Pte Ltd acquired 100,000 shares of Internationa Flavors & Fragrances stock. The stock was purchased 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 acquired 80,000 shares of Internationa Flavors & Fragrances stock. The stock was purchased 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 acquired 80,000 shares of Internationa Flavors & Fragrances stock. The stock was purchased 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 acquired 18,214 shares of Internationa Flavors & Fragrances stock. The stock was purchased 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 acquired 79,204 shares of Internationa Flavors & Fragrances stock. The stock was purchased 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 acquired 80,000 shares of Internationa Flavors & Fragrances stock. The stock was purchased at an average price of $133.67 per share, with a total value of $10,693,600.00.
  • On Wednesday, July 26th, Winder Investment Pte Ltd bought 80,000 shares of Internationa Flavors & Fragrances stock. The shares were bought at an average cost of $133.36 per share, with a total value of $10,668,800.00.
  • On Tuesday, July 25th, Winder Investment Pte Ltd bought 40,000 shares of Internationa Flavors & Fragrances stock. The shares were bought at an average cost of $133.74 per share, with a total value of $5,349,600.00.
  • On Monday, July 24th, Winder Investment Pte Ltd bought 40,000 shares of Internationa Flavors & Fragrances stock. The shares were bought at an average cost of $132.30 per share, with a total value of $5,292,000.00.
  • On Tuesday, July 18th, Winder Investment Pte Ltd bought 28,000 shares of Internationa Flavors & Fragrances stock. The shares were bought at an average cost of $134.96 per share, with a total value of $3,778,880.00.

Internationa Flavors & Fragrances, Inc. (NYSE:IFF) traded up 0.063% on Monday, reaching $134.885. 400,474 shares of the company traded hands. Internationa Flavors & Fragrances, Inc. has a 1-year low of $113.16 and a 1-year high of $143.64. The stock has a market capitalization of $10.65 billion, a price-to-earnings ratio of 26.827 and a beta of 1.11. The stock’s 50-day moving average is $134.28 and its 200-day moving average is $130.75.

Internationa Flavors & Fragrances (NYSE:IFF) last announced its earnings results on Monday, May 8th. The specialty chemicals company reported $1.52 EPS for the quarter, beating the Zacks’ consensus estimate of $1.51 by $0.01. Internationa Flavors & Fragrances had a net margin of 12.72% and a return on equity of 26.75%. The business had revenue of $828.30 million during the quarter, compared to analysts’ expectations of $833.73 million. During the same period in the prior year, the company earned $1.45 earnings per share. The firm’s revenue was up 5.7% on a year-over-year basis. Equities research analysts expect that Internationa Flavors & Fragrances, Inc. will post $5.75 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 6th. Shareholders of record on Monday, September 25th will be issued a dividend of $0.69 per share. This is a boost from Internationa Flavors & Fragrances’s previous quarterly dividend of $0.64. This represents a $2.76 dividend on an annualized basis and a yield of 2.05%. The ex-dividend date of this dividend is Friday, September 22nd. Internationa Flavors & Fragrances’s dividend payout ratio is currently 50.89%.

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A number of hedge funds have recently made changes to their positions in IFF. Atria Investments LLC boosted its stake in shares of Internationa Flavors & Fragrances by 8.9% in the first quarter. Atria Investments LLC now owns 2,508 shares of the specialty chemicals company’s stock worth $332,000 after buying an additional 205 shares in the last quarter. Private Trust Co. NA acquired a new stake in shares of Internationa Flavors & Fragrances during the first quarter worth approximately $496,000. Bank of Montreal Can boosted its stake in shares of Internationa Flavors & Fragrances by 6.0% in the first quarter. Bank of Montreal Can now owns 25,243 shares of the specialty chemicals company’s stock worth $3,346,000 after buying an additional 1,434 shares in the last quarter. National Pension Service boosted its stake in shares of Internationa Flavors & Fragrances by 6.7% in the first quarter. National Pension Service now owns 79,365 shares of the specialty chemicals company’s stock worth $10,506,000 after buying an additional 4,952 shares in the last quarter. Finally, Gulf International Bank UK Ltd boosted its stake in shares of Internationa Flavors & Fragrances by 1.6% in the first quarter. Gulf International Bank UK Ltd now owns 24,751 shares of the specialty chemicals company’s stock worth $3,280,000 after buying an additional 400 shares in the last quarter. 84.53% of the stock is owned by institutional investors and hedge funds.

A number of research firms have recently weighed in on IFF. Zacks Investment Research raised shares of Internationa Flavors & Fragrances from a “sell” rating to a “hold” rating in a research report on Tuesday, April 25th. Stifel Nicolaus reissued a “hold” rating and set a $136.00 target price on shares of Internationa Flavors & Fragrances in a research report on Friday, July 21st. BidaskClub downgraded shares of Internationa Flavors & Fragrances from a “hold” rating to a “sell” rating in a research report on Tuesday, July 11th. Vertical Research downgraded shares of Internationa Flavors & Fragrances from a “buy” rating to a “hold” rating in a research report on Tuesday, May 9th. Finally, Deutsche Bank AG increased their target price on shares of Internationa Flavors & Fragrances from $125.00 to $132.00 and gave the company a “hold” rating in a research report on Wednesday, May 10th. Two analysts have rated the stock with a sell rating, eleven have given a hold rating and six have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $139.22.

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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