Internationa Flavors & Fragrances, Inc. (NYSE:IFF) Major Shareholder Winder Investment Pte Ltd Purchases 20,000 Shares

Internationa Flavors & Fragrances, Inc. (NYSE:IFF) major shareholder Winder Investment Pte Ltd purchased 20,000 shares of the business’s stock in a transaction on Wednesday, July 12th. The shares were purchased at an average cost of $133.29 per share, for a total transaction of $2,665,800.00. Following the transaction, the insider now owns 9,290,793 shares of the company’s stock, valued at $1,238,369,798.97. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. 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 Wednesday, August 9th, Winder Investment Pte Ltd purchased 18,084 shares of Internationa Flavors & Fragrances stock. The shares were purchased at an average cost of $135.33 per share, for a total transaction of $2,447,307.72.
  • On Tuesday, August 8th, Winder Investment Pte Ltd purchased 100,000 shares of Internationa Flavors & Fragrances stock. The shares were purchased at an average cost of $134.90 per share, for a total transaction of $13,490,000.00.
  • On Monday, August 7th, Winder Investment Pte Ltd bought 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 bought 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 bought 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 bought 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 bought 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 bought 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 bought 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 bought 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.

Internationa Flavors & Fragrances, Inc. (IFF) traded down 1.07% during mid-day trading on Friday, reaching $135.38. The company’s stock had a trading volume of 371,990 shares. Internationa Flavors & Fragrances, Inc. has a 52 week low of $113.16 and a 52 week high of $143.64. The firm has a market capitalization of $10.69 billion, a P/E ratio of 27.32 and a beta of 1.11. The firm’s 50 day moving average price is $134.22 and its 200 day moving average price is $131.36.

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 (EPS) for the quarter, beating the consensus estimate of $1.45 by $0.05. Internationa Flavors & Fragrances had a return on equity of 26.83% and a net margin of 12.31%. The company had revenue of $842.86 million for the quarter, compared to analysts’ expectations of $845.89 million. During the same period last year, the firm earned $1.47 EPS. The firm’s revenue for the quarter was up 6.2% on a year-over-year basis. On average, analysts anticipate that Internationa Flavors & Fragrances, Inc. will post $5.75 EPS for the current fiscal year.

The company also recently declared 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. The ex-dividend date of this dividend is Friday, September 22nd. 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 2.04%. Internationa Flavors & Fragrances’s dividend payout ratio (DPR) is 51.72%.

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Several institutional investors have recently modified their holdings of IFF. YorkBridge Wealth Partners LLC boosted its position in shares of Internationa Flavors & Fragrances by 25.3% in the first quarter. YorkBridge Wealth Partners LLC now owns 723 shares of the specialty chemicals company’s stock valued at $100,000 after buying an additional 146 shares during the period. TrimTabs Asset Management LLC purchased a new position in shares of Internationa Flavors & Fragrances during the first quarter valued at about $122,000. Cornerstone Advisors Inc. boosted its position in shares of Internationa Flavors & Fragrances by 30.2% in the second quarter. Cornerstone Advisors Inc. now owns 1,056 shares of the specialty chemicals company’s stock valued at $143,000 after buying an additional 245 shares during the period. D.A. Davidson & CO. boosted its position in shares of Internationa Flavors & Fragrances by 0.5% in the second quarter. D.A. Davidson & CO. now owns 1,073 shares of the specialty chemicals company’s stock valued at $144,000 after buying an additional 5 shares during the period. Finally, Van ECK Associates Corp boosted its position in shares of Internationa Flavors & Fragrances by 7.2% in the first quarter. Van ECK Associates Corp now owns 1,167 shares of the specialty chemicals company’s stock valued at $155,000 after buying an additional 78 shares during the period. Institutional investors own 84.53% of the company’s stock.

A number of analysts recently weighed in on IFF shares. Zacks Investment Research downgraded Internationa Flavors & Fragrances from a “hold” rating to a “sell” rating in a research note 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 lifted their price target 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. 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. started coverage on Internationa Flavors & Fragrances in a research note on Friday, July 7th. They issued a “market perform” rating on the stock. One analyst has rated the stock with a sell rating, eleven have issued a hold rating and six have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $139.76.

Internationa Flavors & Fragrances Company Profile

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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