Ingredion Incorporated $INGR Stock Holdings Increased by Arbejdsmarkedets Tillaegspension

Arbejdsmarkedets Tillaegspension raised its position in shares of Ingredion Incorporated (NYSE:INGR) by 5.2% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 230,207 shares of the company’s stock after buying an additional 11,361 shares during the quarter. Ingredion comprises 0.6% of Arbejdsmarkedets Tillaegspension’s portfolio, making the stock its 23rd largest position. Arbejdsmarkedets Tillaegspension’s holdings in Ingredion were worth $25,935,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in INGR. Fifth Third Wealth Advisors LLC raised its position in shares of Ingredion by 4.1% during the 1st quarter. Fifth Third Wealth Advisors LLC now owns 2,221 shares of the company’s stock valued at $250,000 after acquiring an additional 88 shares in the last quarter. Vista Investment Management increased its stake in Ingredion by 0.8% during the second quarter. Vista Investment Management now owns 10,789 shares of the company’s stock valued at $1,463,000 after purchasing an additional 89 shares during the last quarter. PNC Financial Services Group Inc. increased its stake in Ingredion by 0.4% during the fourth quarter. PNC Financial Services Group Inc. now owns 25,293 shares of the company’s stock valued at $2,789,000 after purchasing an additional 91 shares during the last quarter. Teza Capital Management LLC raised its holdings in shares of Ingredion by 4.2% during the second quarter. Teza Capital Management LLC now owns 2,275 shares of the company’s stock worth $309,000 after purchasing an additional 92 shares during the period. Finally, Murphy Pohlad Asset Management LLC lifted its position in shares of Ingredion by 1.2% in the 4th quarter. Murphy Pohlad Asset Management LLC now owns 8,340 shares of the company’s stock worth $920,000 after buying an additional 95 shares during the last quarter. Institutional investors and hedge funds own 85.27% of the company’s stock.

Ingredion Trading Down 0.1%

Shares of Ingredion stock opened at $98.68 on Monday. The company has a quick ratio of 1.83, a current ratio of 2.76 and a debt-to-equity ratio of 0.40. The firm has a market cap of $6.22 billion, a price-to-earnings ratio of 9.51, a price-to-earnings-growth ratio of 0.83 and a beta of 0.62. The business has a fifty day simple moving average of $101.07 and a 200-day simple moving average of $109.55. Ingredion Incorporated has a fifty-two week low of $94.44 and a fifty-two week high of $137.29.

Ingredion (NYSE:INGR) last released 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 firm 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%.Ingredion’s revenue was down 1.2% on a year-over-year basis. During the same period in the previous year, the firm earned $2.97 earnings per share. Ingredion has set its FY 2026 guidance at 10.450-11.150 EPS. On average, equities analysts forecast that Ingredion Incorporated will post 10.88 EPS for the current fiscal year.

Ingredion Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 21st. Shareholders of record on Wednesday, July 1st will be issued a $0.82 dividend. The ex-dividend date of this dividend is Wednesday, July 1st. This represents a $3.28 annualized dividend and a dividend yield of 3.3%. Ingredion’s dividend payout ratio is currently 31.60%.

Analysts Set New Price Targets

INGR has been the subject of several recent research reports. Barclays lowered their target price on Ingredion from $128.00 to $120.00 and set an “equal weight” rating for the company in a report on Wednesday, May 6th. UBS Group reissued a “neutral” rating and set a $114.00 price target on shares of Ingredion in a report on Thursday, May 7th. Weiss Ratings cut shares of Ingredion from a “hold (c)” rating to a “hold (c-)” rating in a report on Wednesday. Oppenheimer downgraded shares of Ingredion from an “outperform” rating to a “market perform” rating in a research report on Monday, June 8th. Finally, Zacks Research cut shares of Ingredion from a “hold” rating to a “strong sell” rating in a research report on Tuesday, May 19th. One analyst has rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has a consensus 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.