Internationa Flavors & Fragrances, Inc. (NYSE:IFF) major shareholder Winder Investment Pte Ltd bought 3,672 shares of the company’s stock in a transaction on Wednesday, September 6th. The shares were bought at an average price of $138.44 per share, for a total transaction of $508,351.68. Following the completion of the acquisition, the insider now directly owns 10,419,493 shares in the company, valued at approximately $1,442,474,610.92. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Major shareholders that own more than 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 Tuesday, September 5th, Winder Investment Pte Ltd acquired 27,700 shares of Internationa Flavors & Fragrances stock. The stock was acquired at an average price of $139.00 per share, for a total transaction of $3,850,300.00.
  • On Friday, September 1st, Winder Investment Pte Ltd acquired 2,700 shares of Internationa Flavors & Fragrances stock. The stock was acquired at an average price of $137.41 per share, for a total transaction of $371,007.00.
  • On Tuesday, August 29th, Winder Investment Pte Ltd acquired 20,500 shares of Internationa Flavors & Fragrances stock. The stock was acquired at an average price of $136.10 per share, for a total transaction of $2,790,050.00.
  • On Wednesday, August 23rd, Winder Investment Pte Ltd acquired 10,301 shares of Internationa Flavors & Fragrances stock. The stock was acquired at an average price of $134.87 per share, for a total transaction of $1,389,295.87.
  • On Thursday, August 24th, Winder Investment Pte Ltd acquired 18,300 shares of Internationa Flavors & Fragrances stock. The stock was acquired at an average price of $135.26 per share, for a total transaction of $2,475,258.00.
  • On Tuesday, August 22nd, Winder Investment Pte Ltd acquired 6,600 shares of Internationa Flavors & Fragrances stock. The stock was acquired at an average price of $135.36 per share, for a total transaction of $893,376.00.
  • On Friday, August 18th, Winder Investment Pte Ltd acquired 33,235 shares of Internationa Flavors & Fragrances stock. The stock was acquired at an average price of $134.75 per share, for a total transaction of $4,478,416.25.
  • On Wednesday, August 9th, Winder Investment Pte Ltd acquired 18,084 shares of Internationa Flavors & Fragrances stock. The stock was acquired at an average price of $135.33 per share, for a total transaction of $2,447,307.72.
  • On Tuesday, August 8th, Winder Investment Pte Ltd acquired 100,000 shares of Internationa Flavors & Fragrances stock. The stock was acquired at an average price of $134.90 per share, for a total transaction of $13,490,000.00.
  • On Monday, August 7th, Winder Investment Pte Ltd acquired 100,000 shares of Internationa Flavors & Fragrances stock. The stock was acquired at an average price of $134.84 per share, for a total transaction of $13,484,000.00.

Internationa Flavors & Fragrances, Inc. (IFF) traded up 0.76% during trading on Thursday, hitting $140.12. 181,263 shares of the company traded hands. The stock has a 50-day moving average price of $135.44 and a 200-day moving average price of $133.86. Internationa Flavors & Fragrances, Inc. has a 12-month low of $113.16 and a 12-month high of $143.64. The firm has a market capitalization of $11.07 billion, a P/E ratio of 28.27 and a beta of 1.09.

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, beating analysts’ consensus estimates of $1.45 by $0.05. The business 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%. Internationa Flavors & Fragrances’s quarterly revenue was up 6.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.47 EPS. Equities analysts expect that Internationa Flavors & Fragrances, Inc. will post $5.78 EPS for the current fiscal 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. This is a positive change 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 1.98%. The ex-dividend date of this dividend is Friday, September 22nd. Internationa Flavors & Fragrances’s dividend payout ratio is presently 51.72%.

COPYRIGHT VIOLATION NOTICE: “Winder Investment Pte Ltd Buys 3,672 Shares of Internationa Flavors & Fragrances, Inc. (IFF) Stock” was originally reported by American Banking News and is the property of of American Banking News. If you are viewing this story on another site, it was stolen and republished in violation of international copyright and trademark law. The legal version of this story can be viewed at https://www.americanbankingnews.com/2017/09/07/winder-investment-pte-ltd-buys-3672-shares-of-internationa-flavors-fragrances-inc-iff-stock.html.

Several institutional investors have recently made changes to their positions in the company. Winder Investment Pte Ltd increased its position in shares of Internationa Flavors & Fragrances by 6.9% during the 2nd 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 purchasing an additional 595,140 shares during the last quarter. Vanguard Group Inc. increased its position in shares of Internationa Flavors & Fragrances by 8.2% during the 2nd quarter. Vanguard Group Inc. now owns 8,765,573 shares of the specialty chemicals company’s stock valued at $1,183,352,000 after purchasing an additional 666,120 shares during the last quarter. BlackRock Inc. increased its position in shares of Internationa Flavors & Fragrances by 2.3% during the 2nd quarter. BlackRock Inc. now owns 5,034,108 shares of the specialty chemicals company’s stock valued at $679,605,000 after purchasing an additional 113,160 shares during the last quarter. State Street Corp increased its position in shares of Internationa Flavors & Fragrances by 0.5% during the 1st quarter. State Street Corp now owns 3,499,382 shares of the specialty chemicals company’s stock valued at $463,783,000 after purchasing an additional 16,648 shares during the last quarter. Finally, Wells Fargo & Company MN increased its position in shares of Internationa Flavors & Fragrances by 12.4% during the 2nd quarter. Wells Fargo & Company MN now owns 1,258,885 shares of the specialty chemicals company’s stock valued at $169,949,000 after purchasing an additional 139,261 shares during the last quarter. 82.43% of the stock is owned by hedge funds and other institutional investors.

A number of research firms have recently issued reports on IFF. Deutsche Bank AG reiterated a “hold” rating and issued a $139.00 price objective (up from $135.00) on shares of Internationa Flavors & Fragrances in a report on Thursday, August 10th. BidaskClub downgraded shares of Internationa Flavors & Fragrances from a “buy” rating to a “hold” rating in a report on Thursday, June 15th. KeyCorp reiterated a “buy” rating and issued a $148.00 price objective on shares of Internationa Flavors & Fragrances in a report on Thursday, August 24th. Barclays PLC reiterated a “sell” rating and issued a $123.00 price objective on shares of Internationa Flavors & Fragrances in a report on Friday, August 11th. Finally, Zacks Investment Research downgraded shares of Internationa Flavors & Fragrances from a “buy” rating to a “hold” rating in a report on Monday, August 14th. One equities research analyst has rated the stock with a sell rating, twelve have issued a hold rating and four have issued a buy rating to the stock. Internationa Flavors & Fragrances currently has an average rating of “Hold” and a consensus target price of $138.91.

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)

Receive News & Ratings for Internationa Flavors & Fragrances Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Internationa Flavors & Fragrances Inc. and related companies with MarketBeat.com's FREE daily email newsletter.