18,423 Shares in Ingredion Incorporated $INGR Bought by Collaborative Fund Advisors LLC

Collaborative Fund Advisors LLC bought a new position in Ingredion Incorporated (NYSE:INGR) during the 1st quarter, Holdings Channel.com reports. The institutional investor bought 18,423 shares of the company’s stock, valued at approximately $2,076,000. Ingredion makes up 1.3% of Collaborative Fund Advisors LLC’s investment portfolio, making the stock its 19th largest holding.

Other hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its holdings in shares of Ingredion by 2.9% during the fourth quarter. Vanguard Group Inc. now owns 7,487,354 shares of the company’s stock valued at $825,556,000 after acquiring an additional 208,606 shares during the period. Dimensional Fund Advisors LP grew its position in shares of Ingredion by 6.4% during the fourth quarter. Dimensional Fund Advisors LP now owns 2,939,536 shares of the company’s stock worth $324,118,000 after acquiring an additional 177,134 shares during the last quarter. First Trust Advisors LP increased its holdings in shares of Ingredion by 90.9% in the 4th quarter. First Trust Advisors LP now owns 1,994,825 shares of the company’s stock worth $219,949,000 after acquiring an additional 950,006 shares during the period. AQR Capital Management LLC increased its holdings in shares of Ingredion by 53.3% in the 4th quarter. AQR Capital Management LLC now owns 1,826,018 shares of the company’s stock worth $201,337,000 after acquiring an additional 634,900 shares during the period. Finally, Snyder Capital Management L P lifted its position in Ingredion by 4.4% in the 4th quarter. Snyder Capital Management L P now owns 1,381,775 shares of the company’s stock valued at $152,355,000 after purchasing an additional 57,928 shares during the last quarter. 85.27% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

INGR has been the subject of a number of analyst reports. Benchmark reissued a “buy” rating on shares of Ingredion in a research note on Tuesday, June 9th. Zacks Research lowered shares of Ingredion from a “hold” rating to a “strong sell” rating in a research note on Tuesday, May 19th. Oppenheimer cut Ingredion from an “outperform” rating to a “market perform” rating in a report on Monday, June 8th. Weiss Ratings reiterated a “hold (c)” rating on shares of Ingredion in a research report on Wednesday, June 24th. Finally, Barclays decreased their price objective on Ingredion from $128.00 to $120.00 and set an “equal weight” rating for the company in a report on Wednesday, May 6th. One equities research analyst has rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Ingredion has a consensus rating of “Hold” and a consensus price target of $122.43.

Ingredion Stock Performance

INGR stock opened at $97.57 on Monday. The company has a 50-day simple moving average of $102.49 and a 200 day simple moving average of $110.01. The company has a market capitalization of $6.15 billion, a P/E ratio of 9.40, a PEG ratio of 0.82 and a beta of 0.62. 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 fifty-two week low of $94.44 and a fifty-two week high of $138.40.

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

Ingredion Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 21st. Investors of record on Wednesday, July 1st will be paid a dividend of $0.82 per share. This represents a $3.28 dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date is Wednesday, July 1st. Ingredion’s dividend payout ratio (DPR) is currently 31.60%.

Ingredion 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.