Corient Private Wealth LLC boosted its holdings in shares of Ingredion Incorporated (NYSE:INGR – Free Report) by 57.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 44,113 shares of the company’s stock after purchasing an additional 16,150 shares during the period. Corient Private Wealth LLC owned approximately 0.07% of Ingredion worth $4,865,000 at the end of the most recent quarter.
A number of other large investors have also recently added to or reduced their stakes in the business. International Assets Investment Management LLC acquired a new position in shares of Ingredion in the 4th quarter worth $30,000. Los Angeles Capital Management LLC acquired a new position in shares of Ingredion in the 4th quarter valued at $36,000. Capital Advisors Ltd. LLC boosted its position in shares of Ingredion by 40.5% in the 4th quarter. Capital Advisors Ltd. LLC now owns 354 shares of the company’s stock valued at $39,000 after purchasing an additional 102 shares during the period. Caitong International Asset Management Co. Ltd increased its stake in Ingredion by 166.4% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 381 shares of the company’s stock worth $47,000 after purchasing an additional 238 shares in the last quarter. Finally, Ares Financial Consulting LLC purchased a new position in Ingredion in the 4th quarter worth about $46,000. 85.27% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
INGR has been the subject of several recent analyst reports. Barclays decreased their target price on shares of Ingredion from $128.00 to $120.00 and set an “equal weight” rating for the company in a report on Wednesday, May 6th. Benchmark restated a “buy” rating on shares of Ingredion in a report on Tuesday, June 9th. Oppenheimer downgraded shares of Ingredion from an “outperform” rating to a “market perform” rating in a research report on Monday, June 8th. Zacks Research lowered shares of Ingredion from a “hold” rating to a “strong sell” rating in a research note on Tuesday, May 19th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Ingredion in a research report on Wednesday. One research analyst has rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Ingredion currently has a consensus rating of “Hold” and a consensus price target of $122.43.
Ingredion Price Performance
NYSE:INGR opened at $97.47 on Friday. The company has a debt-to-equity ratio of 0.40, a current ratio of 2.76 and a quick ratio of 1.83. The stock has a market cap of $6.15 billion, a P/E ratio of 9.39, a PEG ratio of 0.81 and a beta of 0.60. The company has a fifty day moving average price of $104.26 and a 200 day moving average price of $110.48. Ingredion Incorporated has a one year low of $96.56 and a one year high of $138.40.
Ingredion (NYSE:INGR – Get Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The company reported $2.34 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.44 by ($0.10). Ingredion had a return on equity of 15.86% and a net margin of 9.36%.The company had revenue of $1.79 billion for the quarter, compared to the consensus estimate of $1.79 billion. During the same quarter in the previous year, the firm posted $2.97 EPS. The business’s revenue for the quarter was down 1.2% compared to the same quarter last year. Ingredion has set its FY 2026 guidance at 10.450-11.150 EPS. Analysts anticipate that Ingredion Incorporated will post 10.88 earnings per share for the current year.
Ingredion Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 21st. Shareholders of record on Wednesday, July 1st will be given a $0.82 dividend. The ex-dividend date is Wednesday, July 1st. This represents a $3.28 dividend on an annualized basis and a dividend yield of 3.4%. Ingredion’s dividend payout ratio (DPR) is currently 31.60%.
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.
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