Internationa Flavors & Fragrances, Inc. (NYSE:IFF) major shareholder Winder Investment Pte Ltd bought 700 shares of the business’s stock in a transaction that occurred on Thursday, September 7th. The shares were acquired at an average price of $139.32 per share, for a total transaction of $97,524.00. Following the completion of the transaction, the insider now owns 10,420,193 shares in the company, valued at $1,451,741,288.76. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 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, September 6th, Winder Investment Pte Ltd bought 3,672 shares of Internationa Flavors & Fragrances stock. The shares were acquired at an average price of $138.44 per share, for a total transaction of $508,351.68.
  • On Tuesday, September 5th, Winder Investment Pte Ltd bought 27,700 shares of Internationa Flavors & Fragrances stock. The shares were 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 bought 2,700 shares of Internationa Flavors & Fragrances stock. The shares were 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 bought 20,500 shares of Internationa Flavors & Fragrances stock. The shares were 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 bought 10,301 shares of Internationa Flavors & Fragrances stock. The shares were 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 bought 18,300 shares of Internationa Flavors & Fragrances stock. The shares were 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 bought 6,600 shares of Internationa Flavors & Fragrances stock. The shares were 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 bought 33,235 shares of Internationa Flavors & Fragrances stock. The shares were 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 bought 18,084 shares of Internationa Flavors & Fragrances stock. The shares were 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 bought 100,000 shares of Internationa Flavors & Fragrances stock. The shares were acquired at an average price of $134.90 per share, for a total transaction of $13,490,000.00.

Shares of Internationa Flavors & Fragrances, Inc. (IFF) traded up 0.04% on Friday, hitting $140.62. 28,001 shares of the stock were exchanged. The company has a 50 day moving average of $135.60 and a 200 day moving average of $133.90. The company has a market cap of $11.11 billion, a price-to-earnings ratio of 28.37 and a beta of 1.09. 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 announced its quarterly earnings results on Tuesday, August 8th. The specialty chemicals company reported $1.50 EPS for the quarter, topping analysts’ consensus estimates of $1.45 by $0.05. Internationa Flavors & Fragrances had a return on equity of 26.83% and a net margin of 12.31%. The company had revenue of $842.86 million during the quarter, compared to analyst estimates of $845.89 million. During the same quarter last year, the firm posted $1.47 earnings per share. The firm’s revenue was up 6.2% on a year-over-year basis. Equities research analysts forecast that Internationa Flavors & Fragrances, Inc. will post $5.78 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 6th. Investors of record on Monday, September 25th will be paid a $0.69 dividend. This is a positive change from Internationa Flavors & Fragrances’s previous quarterly dividend of $0.64. The ex-dividend date is Friday, September 22nd. This represents a $2.76 dividend on an annualized basis and a yield of 1.96%. Internationa Flavors & Fragrances’s dividend payout ratio (DPR) is presently 51.72%.

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Hedge funds have recently made changes to their positions in the stock. YorkBridge Wealth Partners LLC lifted its stake in 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 worth $100,000 after acquiring an additional 146 shares during the period. TrimTabs Asset Management LLC purchased a new stake in Internationa Flavors & Fragrances in the first quarter worth $122,000. Cornerstone Advisors Inc. lifted its stake in 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 worth $143,000 after acquiring an additional 245 shares during the period. D.A. Davidson & CO. lifted its stake in Internationa Flavors & Fragrances by 0.5% in the second quarter. D.A. Davidson & CO. now owns 1,073 shares of the specialty chemicals company’s stock worth $144,000 after acquiring an additional 5 shares during the period. Finally, Van ECK Associates Corp lifted its stake in 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 worth $155,000 after acquiring an additional 78 shares during the period. 82.43% of the stock is owned by institutional investors.

Several equities research analysts recently commented on IFF shares. Zacks Investment Research downgraded shares of Internationa Flavors & Fragrances from a “buy” rating to a “sell” rating in a research report on Thursday, May 11th. Barclays PLC reiterated a “sell” rating on shares of Internationa Flavors & Fragrances in a research report on Friday, May 12th. BidaskClub downgraded shares of Internationa Flavors & Fragrances from a “strong-buy” rating to a “buy” rating in a research report on Friday, June 9th. Stifel Nicolaus reiterated a “hold” rating and set a $136.00 target price (up from $129.00) on shares of Internationa Flavors & Fragrances in a research report on Friday, June 16th. Finally, Raymond James Financial, Inc. started coverage on shares of Internationa Flavors & Fragrances in a research report on Friday, July 7th. They set a “market perform” rating on the stock. One investment analyst has rated the stock with a sell rating, twelve have issued a hold rating and four have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $138.91.

About Internationa Flavors & Fragrances

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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