10,043 Shares of International Flavors & Fragrances Inc. $IFF Bought by GRIMES & Co WEALTH MANAGEMENT LLC

GRIMES & Co WEALTH MANAGEMENT LLC bought a new position in International Flavors & Fragrances Inc. (NYSE:IFF) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 10,043 shares of the specialty chemicals company’s stock, valued at approximately $838,000.

A number of other institutional investors have also recently bought and sold shares of IFF. Greenleaf Trust raised its position in shares of International Flavors & Fragrances by 1.7% in the 3rd quarter. Greenleaf Trust now owns 14,320 shares of the specialty chemicals company’s stock worth $1,195,000 after buying an additional 236 shares during the period. Mirae Asset Global Investments Co. Ltd. acquired a new position in International Flavors & Fragrances in the third quarter valued at $5,337,000. ProShare Advisors LLC grew its position in International Flavors & Fragrances by 1.9% during the third quarter. ProShare Advisors LLC now owns 51,135 shares of the specialty chemicals company’s stock valued at $4,269,000 after acquiring an additional 946 shares during the period. Moss Adams Wealth Advisors LLC acquired a new stake in International Flavors & Fragrances during the third quarter worth about $277,000. Finally, Modera Wealth Management LLC purchased a new position in shares of International Flavors & Fragrances in the 3rd quarter worth about $206,000. 96.02% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, insider De Mendonca Ana Paula Teles sold 5,718 shares of the business’s stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $83.19, for a total transaction of $475,680.42. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CAO Marc Birenkrant sold 1,000 shares of the stock in a transaction on Friday, August 7th. The shares were sold at an average price of $85.00, for a total value of $85,000.00. Following the completion of the sale, the chief accounting officer owned 3,446 shares of the company’s stock, valued at $292,910. The trade was a 22.49% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.07% of the stock is currently owned by insiders.

Analyst Ratings Changes

IFF has been the topic of several recent research reports. Weiss Ratings upgraded shares of International Flavors & Fragrances from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, October 8th. Argus increased their target price on International Flavors & Fragrances from $85.00 to $95.00 and gave the company a “buy” rating in a research note on Wednesday, October 7th. UBS Group lifted their price target on shares of International Flavors & Fragrances from $84.00 to $91.00 and gave the stock a “neutral” rating in a research note on Thursday, August 6th. KeyCorp began coverage on International Flavors & Fragrances in a research report on Thursday, September 10th. They issued a “sector weight” rating on the stock. Finally, Vertical Research downgraded International Flavors & Fragrances from a “buy” rating to a “hold” rating and set a $93.00 price target for the company. in a research note on Thursday, August 6th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, International Flavors & Fragrances currently has an average rating of “Moderate Buy” and an average price target of $94.28.

International Flavors & Fragrances Stock Performance

NYSE:IFF opened at $87.47 on Thursday. The company has a 50-day moving average of $87.19 and a 200-day moving average of $78.85. The firm has a market cap of $22.32 billion, a price-to-earnings ratio of 123.19, a price-to-earnings-growth ratio of 3.96 and a beta of 0.86. The company has a current ratio of 2.06, a quick ratio of 1.72 and a debt-to-equity ratio of 0.34. International Flavors & Fragrances Inc. has a twelve month low of $61.72 and a twelve month high of $95.27.

International Flavors & Fragrances (NYSE:IFF) last released its earnings results on Tuesday, November 3rd. The specialty chemicals company reported $0.83 EPS for the quarter, beating the consensus estimate of $0.81 by $0.02. The business had revenue of $1.94 billion during the quarter, compared to analyst estimates of $1.91 billion. International Flavors & Fragrances had a net margin of 1.97% and a return on equity of 6.72%. The business’s quarterly revenue was up 3.9% on a year-over-year basis. During the same period in the prior year, the business earned $1.05 earnings per share. Analysts forecast that International Flavors & Fragrances Inc. will post 3.24 earnings per share for the current fiscal year.

International Flavors & Fragrances announced that its Board of Directors has initiated a stock repurchase program on Tuesday, August 4th that allows the company to repurchase $2.50 billion in shares. This repurchase authorization allows the specialty chemicals company to reacquire up to 12.1% of its stock through open market purchases. Share repurchase programs are often a sign that the company’s board believes its stock is undervalued.

International Flavors & Fragrances Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 13th. Shareholders of record on Saturday, December 19th will be issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 1.8%. The ex-dividend date is Friday, December 18th. International Flavors & Fragrances’s payout ratio is presently 146.79%.

Key Headlines Impacting International Flavors & Fragrances

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

• Positive Sentiment: Third-quarter revenue of $1.94 billion and adjusted EPS of $0.83 topped analyst estimates of $1.91 billion and $0.81. Revenue grew 3.9% year over year, with Taste and Scent cited as areas of strength. IFF also raised its full-year 2026 guidance. Article: IFF Earnings Beat Estimates in Q3 on Taste & Scent Strength
• Neutral Sentiment: JPMorgan and Bank of America are preparing a $2.4 billion debt sale connected to CVC’s IFF deal. The report points to financing activity around the transaction, but does not specify a direct effect on IFF’s operating results. Article: JPMorgan, BofA Prepare $2.4 Billion Debt Sale for CVC’s IFF Deal
• Negative Sentiment: Despite the adjusted earnings beat, EPS was below the $1.05 reported a year earlier, and IFF swung to a reported quarterly loss. Reports highlighted a soft near-term outlook and rising costs, including concerns about fourth-quarter profitability. This helps explain why investors may have focused more on margin and outlook risks than on the quarterly beat. Article: IFF shares fall on soft 2026 guidance despite Q3 beat

About International Flavors & Fragrances

International Flavors & Fragrances Inc (NYSE:IFF) develops and manufactures ingredients, flavor systems, fragrances and specialty solutions used in consumer and industrial products. Its offerings support food and beverage manufacturers, fragrance and personal care companies, household-product makers, pharmaceutical businesses and other customers.

The company’s portfolio includes flavors for beverages, dairy products, sweet goods, savory foods and other applications; fragrances for fine fragrance, personal care and home care products; and functional ingredients, enzymes, cultures, natural extracts and other specialty materials.