International Flavors & Fragrances Inc (NYSE:IFF) major shareholder Winder Investment Pte Ltd purchased 100,000 shares of International Flavors & Fragrances stock in a transaction on Tuesday, October 16th. The shares were purchased at an average cost of $136.75 per share, with a total value of $13,675,000.00. Following the transaction, the insider now owns 17,913,631 shares in the company, valued at $2,449,689,039.25. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Large shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

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

  • On Monday, September 17th, Winder Investment Pte Ltd purchased 2,272,160 shares of International Flavors & Fragrances stock. The shares were purchased at an average cost of $130.25 per share, with a total value of $295,948,840.00.
  • On Friday, August 10th, Winder Investment Pte Ltd purchased 100,000 shares of International Flavors & Fragrances stock. The shares were purchased at an average cost of $133.85 per share, with a total value of $13,385,000.00.
  • On Wednesday, August 8th, Winder Investment Pte Ltd purchased 180,000 shares of International Flavors & Fragrances stock. The shares were purchased at an average cost of $134.13 per share, with a total value of $24,143,400.00.
  • On Monday, August 6th, Winder Investment Pte Ltd purchased 45,000 shares of International Flavors & Fragrances stock. The shares were purchased at an average cost of $134.56 per share, with a total value of $6,055,200.00.
  • On Friday, August 3rd, Winder Investment Pte Ltd purchased 127,500 shares of International Flavors & Fragrances stock. The shares were purchased at an average cost of $134.04 per share, with a total value of $17,090,100.00.
  • On Wednesday, August 1st, Winder Investment Pte Ltd purchased 122,500 shares of International Flavors & Fragrances stock. The shares were purchased at an average cost of $132.41 per share, with a total value of $16,220,225.00.
  • On Wednesday, July 25th, Winder Investment Pte Ltd purchased 76,800 shares of International Flavors & Fragrances stock. The shares were purchased at an average cost of $128.22 per share, with a total value of $9,847,296.00.
  • On Monday, July 23rd, Winder Investment Pte Ltd purchased 104,808 shares of International Flavors & Fragrances stock. The shares were purchased at an average cost of $127.58 per share, with a total value of $13,371,404.64.
  • On Friday, July 20th, Winder Investment Pte Ltd purchased 95,192 shares of International Flavors & Fragrances stock. The shares were purchased at an average cost of $128.89 per share, with a total value of $12,269,296.88.

Shares of NYSE IFF traded down $1.37 during trading hours on Thursday, hitting $136.86. The company had a trading volume of 772,100 shares, compared to its average volume of 757,503. The company has a market cap of $12.76 billion, a PE ratio of 23.39, a PEG ratio of 2.45 and a beta of 1.01. The company has a current ratio of 2.90, a quick ratio of 1.90 and a debt-to-equity ratio of 0.98. International Flavors & Fragrances Inc has a 1-year low of $122.11 and a 1-year high of $157.40.

International Flavors & Fragrances (NYSE:IFF) last released its quarterly earnings data on Tuesday, August 7th. The specialty chemicals company reported $1.66 EPS for the quarter, beating the consensus estimate of $1.61 by $0.05. The company had revenue of $920.02 million during the quarter, compared to the consensus estimate of $899.62 million. International Flavors & Fragrances had a return on equity of 28.32% and a net margin of 8.35%. During the same quarter in the prior year, the firm posted $1.50 EPS. As a group, sell-side analysts predict that International Flavors & Fragrances Inc will post 6.31 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Friday, October 5th. Shareholders of record on Monday, September 24th were issued a dividend of $0.73 per share. This is an increase from International Flavors & Fragrances’s previous quarterly dividend of $0.69. The ex-dividend date of this dividend was Friday, September 21st. This represents a $2.92 annualized dividend and a yield of 2.13%. International Flavors & Fragrances’s dividend payout ratio (DPR) is currently 49.58%.

A number of institutional investors have recently made changes to their positions in the business. GHP Investment Advisors Inc. lifted its holdings in International Flavors & Fragrances by 3.9% during the 2nd quarter. GHP Investment Advisors Inc. now owns 11,203 shares of the specialty chemicals company’s stock valued at $1,389,000 after purchasing an additional 422 shares during the last quarter. Riverhead Capital Management LLC lifted its holdings in International Flavors & Fragrances by 11.7% during the 2nd quarter. Riverhead Capital Management LLC now owns 4,306 shares of the specialty chemicals company’s stock valued at $534,000 after purchasing an additional 450 shares during the last quarter. WINTON GROUP Ltd lifted its holdings in International Flavors & Fragrances by 14.8% during the 1st quarter. WINTON GROUP Ltd now owns 3,501 shares of the specialty chemicals company’s stock valued at $479,000 after purchasing an additional 451 shares during the last quarter. Creative Planning lifted its holdings in International Flavors & Fragrances by 7.6% during the 2nd quarter. Creative Planning now owns 6,499 shares of the specialty chemicals company’s stock valued at $806,000 after purchasing an additional 457 shares during the last quarter. Finally, Granite Investment Advisors LLC lifted its holdings in International Flavors & Fragrances by 3.8% during the 2nd quarter. Granite Investment Advisors LLC now owns 13,678 shares of the specialty chemicals company’s stock valued at $1,695,000 after purchasing an additional 501 shares during the last quarter. 73.59% of the stock is owned by institutional investors and hedge funds.

IFF has been the subject of several recent analyst reports. Zacks Investment Research raised International Flavors & Fragrances from a “sell” rating to a “hold” rating in a report on Monday, August 13th. ValuEngine raised International Flavors & Fragrances from a “sell” rating to a “hold” rating in a report on Thursday, July 26th. Stifel Nicolaus reissued a “hold” rating and issued a $139.00 price objective (up previously from $135.00) on shares of International Flavors & Fragrances in a report on Thursday, August 9th. Finally, Deutsche Bank raised International Flavors & Fragrances from a “hold” rating to a “buy” rating and increased their price objective for the company from $126.00 to $154.00 in a report on Tuesday. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and six have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $149.33.

International Flavors & Fragrances Company Profile

International Flavors & Fragrances Inc, together with its subsidiaries, manufactures flavors and fragrances for use in various consumer products. It operates through two segments, Flavors and Fragrances. The Flavors segment offers flavor compounds primarily to the food and beverage industries for use in consumer products, such as prepared foods, beverages, dairy, food, and sweet products.

Read More: 52-Week High/Low Prices For Stock Selection

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

Receive News & Ratings for International Flavors & Fragrances Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for International Flavors & Fragrances and related companies with MarketBeat.com's FREE daily email newsletter.