5,061 Shares in Ingredion Incorporated $INGR Acquired by Landscape Capital Management L.L.C.

Landscape Capital Management L.L.C. purchased a new stake in Ingredion Incorporated (NYSE:INGRFree Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 5,061 shares of the company’s stock, valued at approximately $479,000.

Other institutional investors also recently bought and sold shares of the company. International Assets Investment Management LLC acquired a new position in shares of Ingredion during the 4th quarter valued at $30,000. GHP Investment Advisors Inc. acquired a new stake in Ingredion in the 1st quarter valued at $33,000. Bell Investment Advisors Inc purchased a new position in Ingredion in the second quarter valued at about $34,000. Los Angeles Capital Management LLC purchased a new position in Ingredion in the fourth quarter valued at about $36,000. Finally, Root Financial Partners LLC lifted its stake in shares of Ingredion by 83.7% during the first quarter. Root Financial Partners LLC now owns 371 shares of the company’s stock worth $42,000 after purchasing an additional 169 shares in the last quarter. 85.27% of the stock is currently owned by hedge funds and other institutional investors.

Ingredion Stock Up 0.1%

Shares of Ingredion stock opened at $106.95 on Monday. Ingredion Incorporated has a 1-year low of $94.44 and a 1-year high of $130.48. The company has a market capitalization of $6.74 billion, a PE ratio of 11.66, a P/E/G ratio of 0.92 and a beta of 0.62. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.80 and a quick ratio of 1.92. The business has a 50-day moving average of $100.84 and a 200-day moving average of $107.26.

Ingredion (NYSE:INGRGet Free Report) last released its quarterly earnings results on Tuesday, August 4th. The company reported $2.82 EPS for the quarter, topping the consensus estimate of $2.71 by $0.11. The business had revenue of $1.85 billion for the quarter, compared to analysts’ expectations of $1.83 billion. Ingredion had a return on equity of 15.40% and a net margin of 8.21%.The company’s revenue was up .9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.87 earnings per share. Ingredion has set its FY 2026 guidance at 10.300-10.900 EPS. As a group, equities analysts forecast that Ingredion Incorporated will post 10.6 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Oppenheimer downgraded Ingredion from an “outperform” rating to a “market perform” rating in a research report on Monday, June 8th. Zacks Research raised Ingredion from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 14th. Barclays decreased their price target on Ingredion from $120.00 to $118.00 and set an “equal weight” rating for the company in a report on Wednesday, August 5th. UBS Group increased their price objective on shares of Ingredion from $104.00 to $108.00 and gave the company a “neutral” rating in a research report on Wednesday, August 5th. Finally, Weiss Ratings lowered shares of Ingredion from a “hold (c)” rating to a “hold (c-)” rating in a research note on Wednesday, July 8th. One equities research analyst has rated the stock with a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat, Ingredion has an average rating of “Hold” and a consensus price target of $121.29.

Read Our Latest Analysis on INGR

Insider Transactions at Ingredion

In other Ingredion news, Director David B. Fischer sold 1,662 shares of the company’s stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $102.31, for a total value of $170,039.22. Following the transaction, the director directly owned 19,930 shares of the company’s stock, valued at $2,039,038.30. This represents a 7.70% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 1.60% of the stock is owned by corporate insiders.

About Ingredion

(Free Report)

Ingredion Incorporated is a global ingredient solutions company specializing in the production and sale of starches, sweeteners, nutrition ingredients and biomaterials derived primarily from corn and other plant-based raw materials. The company serves a diverse set of industries, including food and beverage, brewing, pharmaceuticals and personal care, providing functional ingredients that enhance texture, stability, flavor and nutritional value in a wide array of end products.

The company’s product portfolio comprises native and modified starches, high-fructose corn syrup, dextrose, maltodextrins, specialty sweeteners and various texturizers.

See Also

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Institutional Ownership by Quarter for Ingredion (NYSE:INGR)

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