Internationa Flavors & Fragrances, Inc. (NYSE:IFF) major shareholder Winder Investment Pte Ltd purchased 100,000 shares of the firm’s stock in a transaction that occurred on Monday, August 7th. The shares were bought at an average price of $134.84 per share, with a total value of $13,484,000.00. Following the acquisition, the insider now directly owns 10,178,401 shares of the company’s stock, valued at approximately $1,372,455,590.84. 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, August 4th, Winder Investment Pte Ltd purchased 59,190 shares of Internationa Flavors & Fragrances stock. The shares were bought 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 purchased 100,000 shares of Internationa Flavors & Fragrances stock. The shares were bought 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 purchased 80,000 shares of Internationa Flavors & Fragrances stock. The shares were bought 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 purchased 80,000 shares of Internationa Flavors & Fragrances stock. The shares were bought 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 purchased 18,214 shares of Internationa Flavors & Fragrances stock. The shares were bought 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 purchased 79,204 shares of Internationa Flavors & Fragrances stock. The shares were bought 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 purchased 80,000 shares of Internationa Flavors & Fragrances stock. The shares were bought 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 purchased 80,000 shares of Internationa Flavors & Fragrances stock. The shares were bought at an average price of $133.36 per share, with a total value of $10,668,800.00.
  • On Tuesday, July 25th, Winder Investment Pte Ltd purchased 40,000 shares of Internationa Flavors & Fragrances stock. The shares were bought at an average price of $133.74 per share, with a total value of $5,349,600.00.
  • On Monday, July 24th, Winder Investment Pte Ltd acquired 40,000 shares of Internationa Flavors & Fragrances stock. The stock was acquired at an average price of $132.30 per share, with a total value of $5,292,000.00.

Internationa Flavors & Fragrances, Inc. (NYSE:IFF) traded up 0.24% on Tuesday, hitting $135.13. The stock had a trading volume of 307,812 shares. The company has a market capitalization of $10.67 billion, a price-to-earnings ratio of 26.88 and a beta of 1.11. The firm has a 50-day moving average of $134.28 and a 200 day moving average of $130.75. Internationa Flavors & Fragrances, Inc. has a 52 week low of $113.16 and a 52 week high of $143.64.

Internationa Flavors & Fragrances (NYSE:IFF) last issued its quarterly earnings data on Monday, May 8th. The specialty chemicals company reported $1.52 EPS for the quarter, topping 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 company 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 was up 5.7% compared to the same quarter last year. On average, analysts predict that Internationa Flavors & Fragrances, Inc. will post $5.75 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 6th. Investors of record on Monday, September 25th will be issued a $0.69 dividend. The ex-dividend date of this dividend is Friday, September 22nd. This represents a $2.76 annualized dividend and a dividend yield of 2.05%. This is a positive change from Internationa Flavors & Fragrances’s previous quarterly dividend of $0.64. Internationa Flavors & Fragrances’s payout ratio is presently 50.89%.

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Several hedge funds have recently modified their holdings of the company. YorkBridge Wealth Partners LLC raised its stake in shares of Internationa Flavors & Fragrances by 25.3% in the first quarter. YorkBridge Wealth Partners LLC now owns 723 shares of the specialty chemicals company’s stock valued at $100,000 after buying an additional 146 shares during the last quarter. TrimTabs Asset Management LLC purchased a new stake in shares of Internationa Flavors & Fragrances during the first quarter valued at approximately $122,000. Cornerstone Advisors Inc. raised its stake in shares of Internationa Flavors & Fragrances by 30.2% in the second quarter. Cornerstone Advisors Inc. now owns 1,056 shares of the specialty chemicals company’s stock valued at $143,000 after buying an additional 245 shares during the last quarter. Van ECK Associates Corp raised its stake in shares of Internationa Flavors & Fragrances by 7.2% in the first quarter. Van ECK Associates Corp now owns 1,167 shares of the specialty chemicals company’s stock valued at $155,000 after buying an additional 78 shares during the last quarter. Finally, Cohen Capital Management Inc. purchased a new stake in shares of Internationa Flavors & Fragrances during the first quarter valued at approximately $172,000. 84.53% of the stock is owned by institutional investors.

A number of research analysts have issued reports on the company. Zacks Investment Research upgraded Internationa Flavors & Fragrances from a “hold” rating to a “buy” rating and set a $155.00 price objective for the company in a research note on Monday, May 1st. Vertical Group downgraded Internationa Flavors & Fragrances from a “buy” rating to a “hold” rating in a research note on Tuesday, May 9th. Vertical Research downgraded Internationa Flavors & Fragrances from a “buy” rating to a “hold” rating in a research note on Tuesday, May 9th. BidaskClub downgraded Internationa Flavors & Fragrances from a “buy” rating to a “hold” rating in a research note on Thursday, June 15th. Finally, Stifel Nicolaus restated a “hold” rating and issued a $136.00 price objective (up previously from $129.00) on shares of Internationa Flavors & Fragrances in a research note on Friday, June 16th. One analyst has rated the stock with a sell rating, twelve have issued a hold rating and six have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus 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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