Internationa Flavors & Fragrances, Inc. (NYSE:IFF) major shareholder Winder Investment Pte Ltd acquired 100,000 shares of the firm’s stock in a transaction dated Tuesday, August 8th. The stock was bought at an average cost of $134.90 per share, for a total transaction of $13,490,000.00. Following the purchase, the insider now directly owns 10,278,401 shares of the company’s stock, valued at $1,386,556,294.90. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Major shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

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

  • On Monday, August 7th, Winder Investment Pte Ltd acquired 100,000 shares of Internationa Flavors & Fragrances stock. The stock was bought at an average cost of $134.84 per share, for a total transaction of $13,484,000.00.
  • On Friday, August 4th, Winder Investment Pte Ltd acquired 59,190 shares of Internationa Flavors & Fragrances stock. The stock was bought at an average cost of $134.62 per share, for a total transaction of $7,968,157.80.
  • On Thursday, August 3rd, Winder Investment Pte Ltd acquired 100,000 shares of Internationa Flavors & Fragrances stock. The stock was bought at an average cost of $133.35 per share, for a total transaction of $13,335,000.00.
  • On Wednesday, August 2nd, Winder Investment Pte Ltd acquired 80,000 shares of Internationa Flavors & Fragrances stock. The stock was bought at an average cost of $133.99 per share, for a total transaction of $10,719,200.00.
  • On Monday, July 31st, Winder Investment Pte Ltd acquired 80,000 shares of Internationa Flavors & Fragrances stock. The stock was bought at an average cost of $133.27 per share, for a total transaction of $10,661,600.00.
  • On Tuesday, August 1st, Winder Investment Pte Ltd acquired 18,214 shares of Internationa Flavors & Fragrances stock. The stock was bought at an average cost of $134.30 per share, for a total transaction of $2,446,140.20.
  • On Friday, July 28th, Winder Investment Pte Ltd acquired 79,204 shares of Internationa Flavors & Fragrances stock. The stock was bought at an average cost of $133.18 per share, for a total transaction of $10,548,388.72.
  • On Thursday, July 27th, Winder Investment Pte Ltd acquired 80,000 shares of Internationa Flavors & Fragrances stock. The stock was bought at an average cost of $133.67 per share, for a total transaction of $10,693,600.00.
  • On Wednesday, July 26th, Winder Investment Pte Ltd acquired 80,000 shares of Internationa Flavors & Fragrances stock. The stock was bought at an average cost of $133.36 per share, for a total transaction of $10,668,800.00.
  • On Tuesday, July 25th, Winder Investment Pte Ltd acquired 40,000 shares of Internationa Flavors & Fragrances stock. The stock was bought at an average cost of $133.74 per share, for a total transaction of $5,349,600.00.

Internationa Flavors & Fragrances, Inc. (NYSE IFF) traded up 3.74% during trading on Wednesday, reaching $139.68. The company’s stock had a trading volume of 1,016,591 shares. Internationa Flavors & Fragrances, Inc. has a one year low of $113.16 and a one year high of $143.64. The stock has a 50-day moving average of $134.14 and a 200 day moving average of $130.82. The firm has a market capitalization of $11.03 billion, a P/E ratio of 27.78 and a beta of 1.11.

Internationa Flavors & Fragrances (NYSE:IFF) last issued its quarterly earnings results on Tuesday, August 8th. The specialty chemicals company reported $1.50 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.45 by $0.05. The company had revenue of $842.86 million during the quarter, compared to the consensus estimate of $845.89 million. Internationa Flavors & Fragrances had a return on equity of 26.75% and a net margin of 12.72%. Internationa Flavors & Fragrances’s revenue was up 6.2% on a year-over-year basis. During the same period in the previous year, the firm posted $1.47 EPS. On average, equities research analysts predict that Internationa Flavors & Fragrances, Inc. will post $5.75 EPS for the current fiscal year.

The firm also recently declared 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. The ex-dividend date is Friday, September 22nd. This is an increase from Internationa Flavors & Fragrances’s previous quarterly dividend of $0.64. This represents a $2.76 annualized dividend and a yield of 2.05%. Internationa Flavors & Fragrances’s payout ratio is 50.89%.

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A number of hedge funds and other institutional investors have recently modified their holdings of the stock. BlackRock Inc. increased its position in shares of Internationa Flavors & Fragrances by 2,877.1% in the first quarter. BlackRock Inc. now owns 4,920,948 shares of the specialty chemicals company’s stock valued at $652,173,000 after buying an additional 4,755,656 shares during the period. Winder Investment Pte Ltd boosted its stake in shares of Internationa Flavors & Fragrances by 6.9% in the second quarter. Winder Investment Pte Ltd now owns 9,250,793 shares of the specialty chemicals company’s stock valued at $1,248,857,000 after buying an additional 595,140 shares in the last quarter. UBS Asset Management Americas Inc. boosted its stake in shares of Internationa Flavors & Fragrances by 131.6% in the first quarter. UBS Asset Management Americas Inc. now owns 887,276 shares of the specialty chemicals company’s stock valued at $117,591,000 after buying an additional 504,228 shares in the last quarter. Vanguard Group Inc. boosted its stake in shares of Internationa Flavors & Fragrances by 4.4% in the first quarter. Vanguard Group Inc. now owns 8,099,453 shares of the specialty chemicals company’s stock valued at $1,073,421,000 after buying an additional 340,539 shares in the last quarter. Finally, Victory Capital Management Inc. boosted its stake in shares of Internationa Flavors & Fragrances by 48.3% in the first quarter. Victory Capital Management Inc. now owns 644,954 shares of the specialty chemicals company’s stock valued at $85,476,000 after buying an additional 210,177 shares in the last quarter. Institutional investors own 84.53% of the company’s stock.

IFF has been the topic of several recent research reports. Vertical Group downgraded Internationa Flavors & Fragrances from a “buy” rating to a “hold” rating in a research note on Tuesday, May 9th. Zacks Investment Research downgraded Internationa Flavors & Fragrances from a “hold” rating to a “sell” rating in a research note on Tuesday, April 18th. Deutsche Bank AG lifted their target price on Internationa Flavors & Fragrances from $125.00 to $132.00 and gave the company a “hold” rating in a research note on Wednesday, May 10th. Raymond James Financial, Inc. started coverage on Internationa Flavors & Fragrances in a research note on Friday, July 7th. They set a “market perform” rating on the stock. Finally, Vertical Research downgraded Internationa Flavors & Fragrances from a “buy” rating to a “hold” rating in a research note on Tuesday, May 9th. One analyst has rated the stock with a sell rating, twelve have given a hold rating and six have assigned a buy rating to the company. The stock presently has an average 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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