International Flavors & Fragrances (NYSE:IFF) Price Target Raised to $105.00

International Flavors & Fragrances (NYSE:IFF) had its price target upped by Benchmark from $100.00 to $105.00 in a report published on Thursday,Benzinga reports. The firm currently has a buy rating on the specialty chemicals company’s stock.

Other research analysts have also issued reports about the stock. Rothschild & Co Redburn lowered their target price on shares of International Flavors & Fragrances from $74.00 to $71.00 in a research note on Friday, May 8th. Vertical Research cut shares of International Flavors & Fragrances from a “buy” rating to a “hold” rating and set a $93.00 price target for the company. in a report on Thursday. JPMorgan Chase & Co. raised their price target on International Flavors & Fragrances from $90.00 to $92.00 and gave the company an “overweight” rating in a research report on Thursday, May 7th. UBS Group lifted their price objective on International Flavors & Fragrances from $75.00 to $86.00 in a research note on Thursday, May 7th. Finally, Jefferies Financial Group increased their target price on International Flavors & Fragrances from $97.00 to $105.00 in a research note on Thursday, May 7th. Thirteen research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, International Flavors & Fragrances currently has a consensus rating of “Moderate Buy” and a consensus price target of $92.16.

International Flavors & Fragrances Stock Up 1.5%

IFF opened at $85.80 on Thursday. The firm has a market cap of $21.89 billion, a P/E ratio of 78.72, a price-to-earnings-growth ratio of 2.54 and a beta of 0.93. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.87 and a current ratio of 2.06. The business has a 50 day moving average price of $77.77 and a 200 day moving average price of $75.47. International Flavors & Fragrances has a twelve month low of $59.14 and a twelve month high of $89.32.

International Flavors & Fragrances (NYSE:IFF) last announced its quarterly earnings results on Tuesday, August 4th. The specialty chemicals company reported $0.82 EPS for the quarter, missing the consensus estimate of $1.07 by ($0.25). International Flavors & Fragrances had a net margin of 2.78% and a return on equity of 7.11%. The company had revenue of $1.95 billion for the quarter, compared to analyst estimates of $2.62 billion. During the same quarter last year, the business earned $1.15 EPS. The company’s revenue for the quarter was up 1.8% on a year-over-year basis. Research analysts forecast that International Flavors & Fragrances will post 3.69 EPS for the current year.

International Flavors & Fragrances Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 9th. Stockholders of record on Friday, September 18th will be issued a dividend of $0.40 per share. The ex-dividend date is Friday, September 18th. This represents a $1.60 annualized dividend and a dividend yield of 1.9%. International Flavors & Fragrances’s payout ratio is presently 146.79%.

International Flavors & Fragrances declared that its board has initiated a stock repurchase program on Tuesday, August 4th that authorizes the company to buyback $2.50 billion in outstanding shares. This buyback authorization authorizes the specialty chemicals company to reacquire up to 12.1% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s board believes its stock is undervalued.

Insider Transactions at International Flavors & Fragrances

In other news, Director Paul J. Fribourg purchased 260,000 shares of the business’s stock in a transaction on Monday, June 1st. The stock was purchased at an average price of $74.28 per share, with a total value of $19,312,800.00. Following the acquisition, the director directly owned 2,682,730 shares in the company, valued at approximately $199,273,184.40. The trade was a 10.73% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Michael Deveau sold 8,825 shares of the firm’s stock in a transaction that occurred on Thursday, August 6th. The stock was sold at an average price of $85.55, for a total value of $754,978.75. Following the completion of the sale, the executive vice president owned 5,199 shares of the company’s stock, valued at $444,774.45. This represents a 62.93% decrease in their position. The SEC filing for this sale provides additional information. 1.07% of the stock is currently owned by corporate insiders.

Institutional Trading of International Flavors & Fragrances

Institutional investors and hedge funds have recently modified their holdings of the company. Lloyd Advisory Services LLC. acquired a new stake in International Flavors & Fragrances during the fourth quarter worth $27,000. Root Financial Partners LLC raised its stake in shares of International Flavors & Fragrances by 97.9% in the 1st quarter. Root Financial Partners LLC now owns 554 shares of the specialty chemicals company’s stock valued at $40,000 after buying an additional 274 shares in the last quarter. Geneos Wealth Management Inc. lifted its holdings in shares of International Flavors & Fragrances by 55.7% during the 1st quarter. Geneos Wealth Management Inc. now owns 587 shares of the specialty chemicals company’s stock worth $46,000 after acquiring an additional 210 shares during the period. Transamerica Financial Advisors LLC boosted its position in shares of International Flavors & Fragrances by 884.1% during the 2nd quarter. Transamerica Financial Advisors LLC now owns 679 shares of the specialty chemicals company’s stock valued at $50,000 after acquiring an additional 610 shares in the last quarter. Finally, EFG International AG acquired a new stake in shares of International Flavors & Fragrances during the 4th quarter valued at about $73,000. 96.02% of the stock is currently owned by institutional investors.

Key International Flavors & Fragrances News

Here are the key news stories impacting International Flavors & Fragrances this week:

• Positive Sentiment: Barclays raised its price target from $90 to $96 and upgraded its stance to “overweight,” implying approximately 12% upside from the reference price. The move signals improving confidence in IFF’s earnings outlook and restructuring efforts. Benzinga analyst update
• Positive Sentiment: Benchmark increased its target from $100 to $105 and maintained a “buy” rating, representing roughly 22% potential upside. This is the most bullish valuation among the recent analyst actions. Benzinga analyst update
• Positive Sentiment: IFF plans to repurchase up to $2.5 billion of its shares, which could support per-share earnings and signal that management views the stock as attractively valued. IFF share buyback report
• Neutral Sentiment: UBS raised its price target from $84 to $91 but retained a “neutral” rating. The higher valuation provides modest upside, while the unchanged rating suggests the firm sees balanced potential and risks. Benzinga analyst update
• Negative Sentiment: Vertical Research downgraded IFF from “buy” to “hold,” despite assigning a $93 price target. The downgrade may limit enthusiasm because it reflects less conviction in near-term upside. Finviz analyst update
• Negative Sentiment: Second-quarter results were mixed to weak: adjusted earnings per share came in at $0.82 versus the $1.07 consensus, while revenue of $1.95 billion missed estimates of $2.62 billion. IFF also lowered its full-year sales outlook, overshadowing modest year-over-year revenue growth. International Flavors Q2 earnings snapshot

About International Flavors & Fragrances

International Flavors & Fragrances Inc (NYSE:IFF) is a global leader in the creation and production of flavors, fragrances, cosmetic actives and nutritional lipids. The company develops taste and scent solutions for a wide array of end markets including food and beverage, personal care, household goods and pharmaceutical products. Its portfolio spans natural and nature-identical flavors, fine fragrances, functional ingredients for skin and hair care, and specialty oils that enhance nutritional value and sensory appeal.

IFF’s research and development network comprises innovation centers in North America, Europe, Asia-Pacific and Latin America, where multidisciplinary teams collaborate on aroma chemistry, sensory science and biotechnology.