Quantbot Technologies LP Acquires New Position in Ingredion Incorporated $INGR

Quantbot Technologies LP acquired a new position in shares of Ingredion Incorporated (NYSE:INGR) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 113,459 shares of the company’s stock, valued at approximately $10,746,000. Ingredion comprises 0.4% of Quantbot Technologies LP’s investment portfolio, making the stock its 22nd largest holding.

Other institutional investors also recently bought and sold shares of the company. Amundi lifted its stake in shares of Ingredion by 19.4% in the 1st quarter. Amundi now owns 142,282 shares of the company’s stock valued at $16,029,000 after purchasing an additional 23,122 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position 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 during the last quarter. Cooke & Bieler LP raised its holdings in Ingredion by 33.6% in 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 period. ING Groep NV purchased a new stake in Ingredion in the 4th quarter valued at about $6,825,000. Finally, Jefferies Financial Group Inc. acquired a new position in Ingredion in the fourth quarter valued at about $1,823,000. 85.27% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts have weighed in on the stock. Oppenheimer lowered shares of Ingredion from an “outperform” rating to a “market perform” rating in a research note on Monday, June 8th. Barclays decreased their price objective on shares of Ingredion from $120.00 to $118.00 and set an “equal weight” rating on the stock in a report on Wednesday, August 5th. UBS Group increased their price objective on shares of Ingredion from $104.00 to $108.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 5th. Benchmark reiterated a “buy” rating on shares of Ingredion in a report on Tuesday, June 9th. Finally, Weiss Ratings lowered Ingredion from a “hold (c)” rating to a “hold (c-)” rating in a research report on Wednesday, July 8th. One research analyst has rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Ingredion currently has an average rating of “Hold” and an average target price of $121.29.

Insider Transactions at Ingredion

In other Ingredion news, Director David B. Fischer sold 1,662 shares of the stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $102.31, for a total transaction of $170,039.22. Following the sale, the director directly owned 19,930 shares in the company, valued at $2,039,038.30. This represents a 7.70% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 1.60% of the stock is currently owned by company insiders.

Ingredion Stock Performance

NYSE INGR opened at $106.95 on Friday. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.80 and a quick ratio of 1.92. The company has a market cap of $6.74 billion, a P/E ratio of 11.66, a P/E/G ratio of 0.92 and a beta of 0.62. The stock has a 50-day moving average of $100.84 and a two-hundred day moving average of $107.33. Ingredion Incorporated has a 1-year low of $94.44 and a 1-year high of $130.48.

Ingredion (NYSE:INGR) last issued its quarterly earnings results on Tuesday, August 4th. The company reported $2.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.71 by $0.11. Ingredion had a net margin of 8.21% and a return on equity of 15.40%. The business had revenue of $1.85 billion for the quarter, compared to analysts’ expectations of $1.83 billion. During the same quarter in the prior year, the company earned $2.87 earnings per share. The business’s quarterly revenue was up .9% on a year-over-year basis. Ingredion has set its FY 2026 guidance at 10.300-10.900 EPS. As a group, analysts anticipate that Ingredion Incorporated will post 10.6 EPS for the current year.

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.