Internationa Flavors & Fragrances, Inc. (NYSE:IFF) major shareholder Winder Investment Pte Ltd acquired 100,000 shares of the company’s stock in a transaction on Monday, August 7th. The shares were bought at an average price of $134.84 per share, with a total value of $13,484,000.00. Following the completion of the purchase, the insider now directly owns 10,178,401 shares of the company’s stock, valued at $1,372,455,590.84. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

Winder Investment Pte Ltd also recently made the following trade(s):

  • On Friday, August 4th, Winder Investment Pte Ltd acquired 59,190 shares of Internationa Flavors & Fragrances stock. The shares were bought at an average price of $134.62 per share, with a total value of $7,968,157.80.
  • On Thursday, August 3rd, Winder Investment Pte Ltd acquired 100,000 shares of Internationa Flavors & Fragrances stock. The shares were bought at an average price of $133.35 per share, with a total value of $13,335,000.00.
  • On Wednesday, August 2nd, Winder Investment Pte Ltd acquired 80,000 shares of Internationa Flavors & Fragrances stock. The shares were bought at an average price of $133.99 per share, with a total value of $10,719,200.00.
  • On Monday, July 31st, Winder Investment Pte Ltd acquired 80,000 shares of Internationa Flavors & Fragrances stock. The shares were bought at an average price of $133.27 per share, with a total value of $10,661,600.00.
  • On Tuesday, August 1st, Winder Investment Pte Ltd acquired 18,214 shares of Internationa Flavors & Fragrances stock. The shares were bought at an average price of $134.30 per share, with a total value of $2,446,140.20.
  • On Friday, July 28th, Winder Investment Pte Ltd acquired 79,204 shares of Internationa Flavors & Fragrances stock. The shares were bought at an average price of $133.18 per share, with a total value of $10,548,388.72.
  • On Thursday, July 27th, Winder Investment Pte Ltd acquired 80,000 shares of Internationa Flavors & Fragrances stock. The shares were bought at an average price of $133.67 per share, with a total value of $10,693,600.00.
  • On Wednesday, July 26th, Winder Investment Pte Ltd bought 80,000 shares of Internationa Flavors & Fragrances stock. The shares were acquired at an average price of $133.36 per share, for a total transaction of $10,668,800.00.
  • On Tuesday, July 25th, Winder Investment Pte Ltd bought 40,000 shares of Internationa Flavors & Fragrances stock. The shares were acquired at an average price of $133.74 per share, for a total transaction of $5,349,600.00.
  • On Monday, July 24th, Winder Investment Pte Ltd bought 40,000 shares of Internationa Flavors & Fragrances stock. The shares were acquired at an average price of $132.30 per share, for a total transaction of $5,292,000.00.

Internationa Flavors & Fragrances, Inc. (NYSE IFF) opened at 134.64 on Wednesday. The company has a market cap of $10.63 billion, a PE ratio of 26.78 and a beta of 1.11. Internationa Flavors & Fragrances, Inc. has a 12-month low of $113.16 and a 12-month high of $143.64. The company has a 50-day moving average price of $134.28 and a 200 day moving average price of $130.75.

Internationa Flavors & Fragrances (NYSE:IFF) last issued its earnings results on Monday, May 8th. The specialty chemicals company reported $1.52 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.51 by $0.01. Internationa Flavors & Fragrances had a return on equity of 26.75% and a net margin of 12.72%. The business had revenue of $828.30 million during the quarter, compared to analysts’ expectations of $833.73 million. During the same quarter in the prior year, the firm earned $1.45 EPS. The business’s revenue for the quarter was up 5.7% compared to the same quarter last year. On average, analysts forecast that Internationa Flavors & Fragrances, Inc. will post $5.75 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, October 6th. Shareholders of record on Monday, September 25th will be issued a $0.69 dividend. This represents a $2.76 dividend on an annualized basis and a yield of 2.05%. The ex-dividend date is Friday, September 22nd. This is a boost from Internationa Flavors & Fragrances’s previous quarterly dividend of $0.64. Internationa Flavors & Fragrances’s dividend payout ratio is presently 50.89%.

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A number of institutional investors have recently modified their holdings of the company. Teachers Advisors LLC boosted its position in shares of Internationa Flavors & Fragrances by 8.2% in the fourth quarter. Teachers Advisors LLC now owns 91,166 shares of the specialty chemicals company’s stock worth $10,742,000 after buying an additional 6,908 shares during the last quarter. Highbridge Capital Management LLC purchased a new position in shares of Internationa Flavors & Fragrances during the fourth quarter worth about $594,000. Macquarie Group Ltd. boosted its position in shares of Internationa Flavors & Fragrances by 90.5% in the fourth quarter. Macquarie Group Ltd. now owns 4,000 shares of the specialty chemicals company’s stock worth $472,000 after buying an additional 1,900 shares during the last quarter. Chevy Chase Trust Holdings Inc. boosted its position in shares of Internationa Flavors & Fragrances by 2.7% in the first quarter. Chevy Chase Trust Holdings Inc. now owns 68,134 shares of the specialty chemicals company’s stock worth $9,030,000 after buying an additional 1,767 shares during the last quarter. Finally, Raymond James Trust N.A. purchased a new position in shares of Internationa Flavors & Fragrances during the first quarter worth about $224,000. 84.53% of the stock is owned by institutional investors and hedge funds.

Several analysts have recently commented on the company. BidaskClub upgraded Internationa Flavors & Fragrances from a “sell” rating to a “hold” rating in a report on Tuesday. Zacks Investment Research upgraded Internationa Flavors & Fragrances from a “hold” rating to a “buy” rating and set a $149.00 target price on the stock in a report on Monday, July 24th. Stifel Nicolaus restated a “hold” rating and set a $136.00 target price on shares of Internationa Flavors & Fragrances in a report on Friday, July 21st. Raymond James Financial, Inc. assumed coverage on Internationa Flavors & Fragrances in a report on Friday, July 7th. They set a “market perform” rating on the stock. Finally, Barclays PLC restated a “sell” rating on shares of Internationa Flavors & Fragrances in a report on Friday, May 12th. One analyst has rated the stock with a sell rating, twelve have assigned a hold rating and six have assigned a buy rating to the stock. Internationa Flavors & Fragrances presently has a consensus rating of “Hold” and a consensus price target of $139.22.

About Internationa Flavors & Fragrances

International Flavors & Fragrances Inc creates, manufactures and supplies flavors and fragrances (including cosmetic active ingredients) used to impart or improve flavor or fragrance in a range of consumer products. The Company operates in two segments: Flavors and Fragrances. The Flavors segment offers flavor compounds that are sold to the food and beverage industries for use in consumer products, such as prepared foods, beverages, dairy, food and sweet products.

Insider Buying and Selling by Quarter for Internationa Flavors & Fragrances (NYSE:IFF)

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