Ingredion Incorporated (NYSE:INGR) Given Consensus Recommendation of “Hold” by Analysts

Ingredion Incorporated (NYSE:INGR) has been assigned an average recommendation of “Hold” from the nine analysts that are currently covering the company, Marketbeat.com reports. Eight equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average 1-year target price among analysts that have covered the stock in the last year is $122.4286.

INGR has been the subject of a number of research reports. UBS Group reissued a “neutral” rating and set a $114.00 price target on shares of Ingredion in a research note on Thursday, May 7th. Zacks Research raised Ingredion from a “strong sell” rating to a “hold” rating in a research note on Tuesday, July 14th. Benchmark reaffirmed a “buy” rating on shares of Ingredion in a report on Tuesday, June 9th. Weiss Ratings downgraded Ingredion from a “hold (c)” rating to a “hold (c-)” rating in a research report on Wednesday, July 8th. Finally, Oppenheimer lowered shares of Ingredion from an “outperform” rating to a “market perform” rating in a report on Monday, June 8th.

Ingredion Stock Performance

INGR opened at $101.59 on Tuesday. The stock has a market capitalization of $6.41 billion, a price-to-earnings ratio of 9.79, a PEG ratio of 0.85 and a beta of 0.62. The company has a fifty day moving average of $99.98 and a 200 day moving average of $108.80. Ingredion has a fifty-two week low of $94.44 and a fifty-two week high of $134.77. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.83 and a current ratio of 2.76.

Ingredion (NYSE:INGR) last released its quarterly earnings data on Tuesday, May 5th. The company reported $2.34 EPS for the quarter, missing the consensus estimate of $2.44 by ($0.10). The company had revenue of $1.79 billion for the quarter, compared to the consensus estimate of $1.79 billion. Ingredion had a net margin of 9.36% and a return on equity of 15.86%. The firm’s revenue for the quarter was down 1.2% on a year-over-year basis. During the same period last year, the company earned $2.97 EPS. Ingredion has set its FY 2026 guidance at 10.450-11.150 EPS. As a group, sell-side analysts forecast that Ingredion will post 10.81 earnings per share for the current fiscal year.

Ingredion Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, July 21st. Shareholders of record on Wednesday, July 1st were given a dividend of $0.82 per share. The ex-dividend date was Wednesday, July 1st. This represents a $3.28 annualized dividend and a yield of 3.2%. Ingredion’s dividend payout ratio (DPR) is 31.60%.

Institutional Trading of Ingredion

A number of large investors have recently made changes to their positions in INGR. First Trust Advisors LP raised its position in shares of Ingredion by 53.1% during the 1st quarter. First Trust Advisors LP now owns 3,054,149 shares of the company’s stock valued at $344,080,000 after buying an additional 1,059,324 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its position in Ingredion by 22,036.7% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,037,106 shares of the company’s stock worth $114,351,000 after acquiring an additional 1,032,421 shares in the last quarter. Norges Bank purchased a new position in Ingredion in the fourth quarter worth about $85,310,000. AQR Capital Management LLC increased its stake in Ingredion by 143.1% during the third quarter. AQR Capital Management LLC now owns 1,191,118 shares of the company’s stock worth $144,685,000 after acquiring an additional 701,063 shares during the last quarter. Finally, Cooke & Bieler LP increased its stake in Ingredion by 33.6% during the fourth quarter. Cooke & Bieler LP now owns 1,207,153 shares of the company’s stock worth $133,101,000 after acquiring an additional 303,807 shares during the last quarter. 85.27% of the stock is currently owned by institutional investors.

Ingredion Company Profile

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.