Internationa Flavors & Fragrances, Inc. (NYSE:IFF) major shareholder Winder Investment Pte Ltd purchased 18,084 shares of the firm’s stock in a transaction that occurred on Wednesday, August 9th. The stock was bought at an average price of $135.33 per share, with a total value of $2,447,307.72. Following the transaction, the insider now directly owns 10,296,485 shares in the company, valued at $1,393,423,315.05. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Major shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

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

  • On Tuesday, August 8th, Winder Investment Pte Ltd purchased 100,000 shares of Internationa Flavors & Fragrances stock. The stock was bought at an average price of $134.90 per share, with a total value of $13,490,000.00.
  • On Monday, August 7th, Winder Investment Pte Ltd purchased 100,000 shares of Internationa Flavors & Fragrances stock. The stock was bought at an average price of $134.84 per share, with a total value of $13,484,000.00.
  • On Friday, August 4th, Winder Investment Pte Ltd purchased 59,190 shares of Internationa Flavors & Fragrances stock. The stock was 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 purchased 100,000 shares of Internationa Flavors & Fragrances stock. The stock was 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 purchased 80,000 shares of Internationa Flavors & Fragrances stock. The stock was 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 purchased 80,000 shares of Internationa Flavors & Fragrances stock. The stock was 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 purchased 18,214 shares of Internationa Flavors & Fragrances stock. The stock was 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 purchased 79,204 shares of Internationa Flavors & Fragrances stock. The stock was 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 purchased 80,000 shares of Internationa Flavors & Fragrances stock. The stock was 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 purchased 80,000 shares of Internationa Flavors & Fragrances stock. The stock was bought at an average price of $133.36 per share, with a total value of $10,668,800.00.

Internationa Flavors & Fragrances, Inc. (NYSE:IFF) traded down 2.03% during midday trading on Thursday, hitting $136.85. The stock had a trading volume of 721,662 shares. The firm has a market cap of $10.82 billion, a P/E ratio of 27.61 and a beta of 1.11. Internationa Flavors & Fragrances, Inc. has a 52 week low of $113.16 and a 52 week high of $143.64. The stock has a 50-day moving average of $134.20 and a 200-day moving average of $131.32.

Internationa Flavors & Fragrances (NYSE:IFF) last posted its quarterly earnings data on Tuesday, August 8th. The specialty chemicals company reported $1.50 earnings per share for the quarter, topping the consensus estimate of $1.45 by $0.05. The company had revenue of $842.86 million during the quarter, compared to analysts’ expectations of $845.89 million. Internationa Flavors & Fragrances had a return on equity of 26.93% and a net margin of 12.31%. Internationa Flavors & Fragrances’s revenue for the quarter was up 6.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.47 earnings per share. Analysts forecast that Internationa Flavors & Fragrances, Inc. will post $5.75 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 6th. Stockholders of record on Monday, September 25th will be given a dividend of $0.69 per share. This is a boost from Internationa Flavors & Fragrances’s previous quarterly dividend of $0.64. This represents a $2.76 annualized dividend and a dividend yield of 1.98%. The ex-dividend date is Friday, September 22nd. Internationa Flavors & Fragrances’s dividend payout ratio is currently 51.72%.

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A number of equities analysts recently weighed in on IFF shares. Zacks Investment Research lowered Internationa Flavors & Fragrances from a “hold” rating to a “sell” rating in a research report on Tuesday, April 18th. Vertical Research downgraded Internationa Flavors & Fragrances from a “buy” rating to a “hold” rating in a research note on Tuesday, May 9th. Deutsche Bank AG increased their price objective on Internationa Flavors & Fragrances from $125.00 to $132.00 and gave the stock a “hold” rating in a research note on Wednesday, May 10th. BidaskClub downgraded Internationa Flavors & Fragrances from a “strong-buy” rating to a “buy” rating in a research note on Friday, June 9th. Finally, Raymond James Financial, Inc. initiated coverage on Internationa Flavors & Fragrances in a research note on Friday, July 7th. They issued a “market perform” rating for the company. One investment 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. The stock has a consensus rating of “Hold” and an average price target of $139.76.

Several hedge funds and other institutional investors have recently bought and sold shares of IFF. Winder Investment Pte Ltd boosted its position in 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. Vanguard Group Inc. boosted its position in 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. BlackRock Inc. boosted its position in 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 in the last quarter. State Street Corp boosted its position in Internationa Flavors & Fragrances by 0.5% in the first quarter. State Street Corp now owns 3,499,382 shares of the specialty chemicals company’s stock valued at $463,783,000 after buying an additional 16,648 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its position in Internationa Flavors & Fragrances by 2.3% in the first quarter. Bank of New York Mellon Corp now owns 2,360,327 shares of the specialty chemicals company’s stock valued at $312,814,000 after buying an additional 54,086 shares in the last quarter. 84.53% of the stock is owned by institutional investors.

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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