International Flavors & Fragrances Inc. (NYSE:IFF – Free Report) – Research analysts at Zacks Research lifted their FY2026 earnings per share estimates for International Flavors & Fragrances in a research note issued on Wednesday, March 26th. Zacks Research analyst R. Department now anticipates that the specialty chemicals company will post earnings per share of $4.24 for the year, up from their previous estimate of $4.23. The consensus estimate for International Flavors & Fragrances’ current full-year earnings is $4.32 per share.
International Flavors & Fragrances (NYSE:IFF – Get Free Report) last announced its earnings results on Tuesday, February 18th. The specialty chemicals company reported $0.97 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.83 by $0.14. The firm had revenue of $2.77 billion for the quarter, compared to analyst estimates of $2.67 billion. International Flavors & Fragrances had a return on equity of 7.72% and a net margin of 2.12%.
Read Our Latest Stock Analysis on IFF
International Flavors & Fragrances Stock Down 0.3 %
Shares of NYSE IFF opened at $77.40 on Monday. The firm has a market cap of $19.79 billion, a price-to-earnings ratio of 82.34, a price-to-earnings-growth ratio of 1.45 and a beta of 1.21. The company’s 50-day simple moving average is $82.25 and its 200-day simple moving average is $89.42. The company has a quick ratio of 1.93, a current ratio of 1.84 and a debt-to-equity ratio of 0.54. International Flavors & Fragrances has a 52-week low of $75.73 and a 52-week high of $106.77.
International Flavors & Fragrances Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Friday, April 11th. Stockholders of record on Friday, March 21st will be given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 2.07%. The ex-dividend date is Friday, March 21st. International Flavors & Fragrances’s payout ratio is presently 170.21%.
Insider Activity at International Flavors & Fragrances
In related news, Director Kevin O’byrne bought 6,500 shares of the firm’s stock in a transaction on Wednesday, March 5th. The shares were bought at an average price of $80.44 per share, with a total value of $522,860.00. Following the completion of the transaction, the director now directly owns 6,500 shares of the company’s stock, valued at $522,860. This represents a ∞ increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.20% of the stock is currently owned by insiders.
Institutional Investors Weigh In On International Flavors & Fragrances
Institutional investors and hedge funds have recently modified their holdings of the company. UMB Bank n.a. grew its position in International Flavors & Fragrances by 8.9% in the 4th quarter. UMB Bank n.a. now owns 1,458 shares of the specialty chemicals company’s stock valued at $123,000 after acquiring an additional 119 shares in the last quarter. Arete Wealth Advisors LLC grew its holdings in shares of International Flavors & Fragrances by 4.2% in the third quarter. Arete Wealth Advisors LLC now owns 3,061 shares of the specialty chemicals company’s stock valued at $321,000 after purchasing an additional 124 shares in the last quarter. Truist Financial Corp lifted its holdings in International Flavors & Fragrances by 0.7% during the 4th quarter. Truist Financial Corp now owns 19,908 shares of the specialty chemicals company’s stock worth $1,683,000 after buying an additional 129 shares in the last quarter. Wahed Invest LLC boosted its position in International Flavors & Fragrances by 2.1% in the 4th quarter. Wahed Invest LLC now owns 6,339 shares of the specialty chemicals company’s stock valued at $536,000 after buying an additional 130 shares during the period. Finally, United Community Bank grew its stake in shares of International Flavors & Fragrances by 19.4% in the fourth quarter. United Community Bank now owns 925 shares of the specialty chemicals company’s stock worth $78,000 after acquiring an additional 150 shares in the last quarter. Hedge funds and other institutional investors own 96.02% of the company’s stock.
About International Flavors & Fragrances
International Flavors & Fragrances, Inc engages in the manufacture and supply of flavors and fragrances used in the food, beverage, personal care, and household products industries. It operates through the following segments: Nourish, Health & Biosciences, Scent and Pharma Solutions. The Nourish segment consists of legacy Taste segment combined with N&B’s Food & Beverage division and the food protection business of N&B’s Health & Biosciences division.
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