OLD Second National Bank of Aurora Has $47,000 Stock Holdings in Ingredion Incorporated $INGR

OLD Second National Bank of Aurora decreased its stake in Ingredion Incorporated (NYSE:INGR) by 95.9% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 413 shares of the company’s stock after selling 9,578 shares during the quarter. OLD Second National Bank of Aurora’s holdings in Ingredion were worth $47,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the stock. Algert Global LLC grew its stake in Ingredion by 75.7% in the third quarter. Algert Global LLC now owns 105,598 shares of the company’s stock valued at $12,895,000 after purchasing an additional 45,510 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Ingredion by 4.3% during the 3rd quarter. Dimensional Fund Advisors LP now owns 2,762,402 shares of the company’s stock worth $337,311,000 after purchasing an additional 114,521 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of Ingredion by 22,036.7% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,037,106 shares of the company’s stock worth $114,351,000 after purchasing an additional 1,032,421 shares in the last quarter. Cooke & Bieler LP lifted its holdings in shares of Ingredion by 33.6% during the 4th quarter. Cooke & Bieler LP now owns 1,207,153 shares of the company’s stock valued at $133,101,000 after buying an additional 303,807 shares during the last quarter. Finally, Fieldview Capital Management LLC lifted its holdings in shares of Ingredion by 211.7% during the 3rd quarter. Fieldview Capital Management LLC now owns 48,864 shares of the company’s stock valued at $5,967,000 after buying an additional 33,189 shares during the last quarter. Institutional investors and hedge funds own 85.27% of the company’s stock.

Ingredion Stock Performance

INGR opened at $97.47 on Friday. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.83 and a current ratio of 2.76. The company has a market cap of $6.15 billion, a PE ratio of 9.39, a price-to-earnings-growth ratio of 0.81 and a beta of 0.60. The stock has a 50-day moving average of $104.26 and a 200-day moving average of $110.48. Ingredion Incorporated has a 52-week low of $96.56 and a 52-week high of $138.40.

Ingredion (NYSE:INGR) last issued its quarterly earnings data on Tuesday, May 5th. The company reported $2.34 earnings per share for the quarter, missing analysts’ consensus estimates of $2.44 by ($0.10). The company had revenue of $1.79 billion during 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 was down 1.2% on a year-over-year basis. During the same period in the previous year, the business posted $2.97 earnings per share. Ingredion has set its FY 2026 guidance at 10.450-11.150 EPS. As a group, equities research analysts forecast that Ingredion Incorporated will post 10.88 earnings per share for the current fiscal year.

Ingredion Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 21st. Stockholders of record on Wednesday, July 1st will be paid a $0.82 dividend. This represents a $3.28 dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date is Wednesday, July 1st. Ingredion’s payout ratio is presently 31.60%.

Wall Street Analyst Weigh In

INGR has been the topic of a number of research reports. UBS Group restated a “neutral” rating and issued a $114.00 price objective on shares of Ingredion in a report on Thursday, May 7th. Oppenheimer cut shares of Ingredion from an “outperform” rating to a “market perform” rating in a research note on Monday, June 8th. Weiss Ratings reissued a “hold (c)” rating on shares of Ingredion in a research report on Wednesday. Benchmark restated a “buy” rating on shares of Ingredion in a research note on Tuesday, June 9th. Finally, Zacks Research downgraded shares of Ingredion from a “hold” rating to a “strong sell” rating in a report on Tuesday, May 19th. One equities research analyst has rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $122.43.

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.