Ingredion Incorporated $INGR Shares Sold by Bank of New York Mellon Corp

Bank of New York Mellon Corp lowered its stake in shares of Ingredion Incorporated (NYSE:INGR) by 10.2% in the fourth quarter, HoldingsChannel reports. The firm owned 661,456 shares of the company’s stock after selling 75,105 shares during the quarter. Bank of New York Mellon Corp’s holdings in Ingredion were worth $72,932,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in INGR. Northwestern Mutual Wealth Management Co. boosted its position in Ingredion by 22,036.7% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,037,106 shares of the company’s stock valued at $114,351,000 after purchasing an additional 1,032,421 shares during the period. Norges Bank acquired a new position in Ingredion during the 4th quarter valued at approximately $85,310,000. AQR Capital Management LLC boosted its position in Ingredion by 143.1% during the 3rd quarter. AQR Capital Management LLC now owns 1,191,118 shares of the company’s stock valued at $144,685,000 after purchasing an additional 701,063 shares during the period. Cooke & Bieler LP boosted its position in Ingredion by 33.6% during the 4th quarter. Cooke & Bieler LP now owns 1,207,153 shares of the company’s stock valued at $133,101,000 after purchasing an additional 303,807 shares during the period. Finally, Snyder Capital Management L P boosted its position in Ingredion by 22.0% during the 3rd quarter. Snyder Capital Management L P now owns 1,323,847 shares of the company’s stock valued at $161,655,000 after purchasing an additional 238,420 shares during the period. Institutional investors and hedge funds own 85.27% of the company’s stock.

Trending Headlines about Ingredion

Here are the key news stories impacting Ingredion this week:

• Positive Sentiment: Ingredion announced a recommended all-cash acquisition of Tate & Lyle, a move that could expand its specialty-ingredients business and improve long-term growth opportunities. Ingredion Announces Recommended All-Cash Acquisition of Tate & Lyle
• Neutral Sentiment: Analysts are reporting mixed views on Ingredion, suggesting investors are still weighing the benefits of the deal against execution and integration risk. Analysts’ Opinions Are Mixed on These Consumer Goods Stocks: Ingredion (INGR) and Walmart (WMT)
• Negative Sentiment: One analyst downgraded Ingredion, which may reflect caution around valuation, leverage, or the near-term impact of the acquisition. This Ingredion Analyst Is No Longer Bullish; Here Are Top 3 Downgrades For Tuesday

Ingredion Stock Up 1.8%

Shares of Ingredion stock opened at $101.49 on Wednesday. The stock’s fifty day moving average is $107.90 and its 200-day moving average is $111.26. The firm has a market capitalization of $6.40 billion, a PE ratio of 9.78, a price-to-earnings-growth ratio of 0.83 and a beta of 0.60. The company has a quick ratio of 1.83, a current ratio of 2.76 and a debt-to-equity ratio of 0.40. Ingredion Incorporated has a 12-month low of $97.12 and a 12-month high of $140.47.

Ingredion (NYSE:INGR) last announced its earnings results on Tuesday, May 5th. The company reported $2.34 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.44 by ($0.10). The company had revenue of $1.79 billion for the quarter, compared to analyst estimates of $1.79 billion. Ingredion had a return on equity of 15.86% and a net margin of 9.36%.The firm’s revenue for the quarter was down 1.2% on a year-over-year basis. During the same period last year, the firm earned $2.97 earnings per share. Ingredion has set its FY 2026 guidance at 10.450-11.150 EPS. Equities analysts anticipate that Ingredion Incorporated will post 10.88 earnings per share for the current year.

Ingredion Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 21st. Investors of record on Wednesday, July 1st will be given a dividend of $0.82 per share. This represents a $3.28 annualized dividend and a yield of 3.2%. The ex-dividend date of this dividend is Wednesday, July 1st. Ingredion’s payout ratio is presently 31.60%.

Insiders Place Their Bets

In related news, VP Davida Marie Gable sold 375 shares of the company’s stock in a transaction on Wednesday, March 18th. The stock was sold at an average price of $112.44, for a total transaction of $42,165.00. Following the transaction, the vice president directly owned 7,110 shares of the company’s stock, valued at approximately $799,448.40. The trade was a 5.01% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 1.60% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on INGR shares. UBS Group restated a “neutral” rating and set a $114.00 price objective on shares of Ingredion in a research report on Thursday, May 7th. Zacks Research lowered Ingredion from a “hold” rating to a “strong sell” rating in a research report on Tuesday, May 19th. Barclays reduced their price target on Ingredion from $128.00 to $120.00 and set an “equal weight” rating for the company in a research report on Wednesday, May 6th. Weiss Ratings reiterated a “hold (c)” rating on shares of Ingredion in a research report on Friday, March 27th. Finally, Oppenheimer lowered Ingredion from an “outperform” rating to a “market perform” rating in a research report on Monday. One research analyst has rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $122.43.

Ingredion Company Profile

Ingredion Incorporated is a global ingredient solutions company specializing in the production and sale of starches, sweeteners, nutrition ingredients and biomaterials derived primarily from corn and other plant-based raw materials. The company serves a diverse set of industries, including food and beverage, brewing, pharmaceuticals and personal care, providing functional ingredients that enhance texture, stability, flavor and nutritional value in a wide array of end products.

The company’s product portfolio comprises native and modified starches, high-fructose corn syrup, dextrose, maltodextrins, specialty sweeteners and various texturizers.