Winder Investment Pte Ltd Buys 18,084 Shares of Internationa Flavors & Fragrances, Inc. (IFF) Stock

Internationa Flavors & Fragrances, Inc. (NYSE:IFF) major shareholder Winder Investment Pte Ltd bought 18,084 shares of Internationa Flavors & Fragrances stock in a transaction that occurred on Wednesday, August 9th. The stock was bought at an average cost of $135.33 per share, with a total value of $2,447,307.72. Following the completion of the purchase, the insider now owns 10,296,485 shares in the company, valued at approximately $1,393,423,315.05. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Major shareholders that own more than 10% of a company’s shares 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 bought 100,000 shares of Internationa Flavors & Fragrances stock. The stock was bought at an average cost of $134.90 per share, with a total value 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, with a total value 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, with a total value 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, with a total value 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, with a total value 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, with a total value 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, with a total value 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, with a total value 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, with a total value of $10,693,600.00.
  • On Wednesday, July 26th, Winder Investment Pte Ltd bought 80,000 shares of Internationa Flavors & Fragrances stock. The stock was bought at an average cost of $133.36 per share, with a total value of $10,668,800.00.

Shares of Internationa Flavors & Fragrances, Inc. (IFF) opened at 135.38 on Friday. The company has a market capitalization of $10.69 billion, a PE ratio of 27.32 and a beta of 1.11. Internationa Flavors & Fragrances, Inc. has a 12 month low of $113.16 and a 12 month high of $143.64. The firm’s 50-day moving average is $134.23 and its 200 day moving average is $131.49.

Internationa Flavors & Fragrances (NYSE:IFF) last issued its quarterly earnings data on Tuesday, August 8th. The specialty chemicals company reported $1.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.45 by $0.05. The firm had revenue of $842.86 million during the quarter, compared to analysts’ expectations of $845.89 million. Internationa Flavors & Fragrances had a net margin of 12.31% and a return on equity of 26.83%. The business’s revenue was up 6.2% on a year-over-year basis. During the same period last year, the company earned $1.47 earnings per share. Equities research analysts predict that Internationa Flavors & Fragrances, Inc. will post $5.75 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 6th. Stockholders of record on Monday, September 25th will be issued 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 dividend on an annualized basis and a dividend yield of 2.04%. The ex-dividend date is Friday, September 22nd. Internationa Flavors & Fragrances’s dividend payout ratio (DPR) is currently 51.72%.

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IFF has been the subject of a number of research analyst reports. Vertical Group lowered shares of Internationa Flavors & Fragrances from a “buy” rating to a “hold” rating in a research note on Tuesday, May 9th. Zacks Investment Research lowered shares of Internationa Flavors & Fragrances from a “hold” rating to a “sell” rating in a research note on Tuesday, April 18th. Deutsche Bank AG upped their target price on shares of Internationa Flavors & Fragrances from $125.00 to $132.00 and gave the stock a “hold” rating in a research note on Wednesday, May 10th. Raymond James Financial, Inc. initiated coverage on shares of Internationa Flavors & Fragrances in a research note on Friday, July 7th. They issued a “market perform” rating for the company. Finally, Vertical Research lowered shares of Internationa Flavors & Fragrances from a “buy” rating to a “hold” rating in a research note on Tuesday, May 9th. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating and six have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $140.61.

Several hedge funds and other 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 worth $100,000 after buying an additional 146 shares in the last quarter. TrimTabs Asset Management LLC acquired a new position in shares of Internationa Flavors & Fragrances during the first quarter worth 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 worth $143,000 after buying an additional 245 shares in the last quarter. 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 worth $144,000 after buying an additional 5 shares in the last quarter. 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 worth $155,000 after buying an additional 78 shares in the last quarter. Hedge funds and other institutional investors own 84.53% of the company’s stock.

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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