Ingredion Incorporated (INGR) – What Are Investment Firms Saying About This Stock?

Ingredion Incorporated (NYSE:INGR) has been given a consensus rating of “Hold” by the nine analysts that are covering the stock, MarketBeat reports. Eight investment analysts have rated the stock with a hold rating and one has issued a buy rating on the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $120.71.

A number of equities analysts have issued reports on the company. UBS Group decreased their price target on Ingredion from $108.00 to $104.00 and set a “neutral” rating for the company in a research note on Monday, October 5th. Weiss Ratings lowered shares of Ingredion from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday. Zacks Research raised Ingredion from a “strong sell” rating to a “hold” rating in a research note on Tuesday, July 14th. Finally, Barclays decreased their target price on shares of Ingredion from $120.00 to $118.00 and set an “equal weight” rating for the company in a research note on Wednesday, August 5th.

Insider Transactions at Ingredion

In related news, Director David Fischer sold 1,662 shares of the company’s stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $102.31, for a total value of $170,039.22. Following the completion of the sale, the director directly owned 19,930 shares in the company, valued at approximately $2,039,038.30. This represents a 7.70% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 1.60% of the company’s stock.

Institutional Investors Weigh In On Ingredion

Large investors have recently added to or reduced their stakes in the stock. Amundi grew its position in Ingredion by 19.4% during the first quarter. Amundi now owns 142,282 shares of the company’s stock worth $16,029,000 after buying an additional 23,122 shares in the last quarter. Hsbc Holdings PLC acquired a new position in Ingredion during the second quarter worth $1,355,000. ING Groep NV acquired a new stake in shares of Ingredion during the 4th quarter worth about $6,825,000. Empowered Funds LLC acquired a new stake in shares of Ingredion during the second quarter worth approximately $2,548,000. Finally, Landscape Capital Management L.L.C. bought a new position in Ingredion in the 2nd quarter valued at $479,000. Institutional investors own 85.27% of the company’s stock.

Ingredion Price Performance

Shares of NYSE:INGR opened at $95.09 on Friday. The company has a current ratio of 2.80, a quick ratio of 1.92 and a debt-to-equity ratio of 0.39. Ingredion has a 52 week low of $93.72 and a 52 week high of $123.49. The firm’s 50 day moving average is $100.88 and its two-hundred day moving average is $103.31. The firm has a market capitalization of $6.00 billion, a P/E ratio of 10.37, a PEG ratio of 0.80 and a beta of 0.65.

Ingredion (NYSE:INGR) last released 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. The company had revenue of $1.85 billion during the quarter, compared to analysts’ expectations of $1.83 billion. Ingredion had a return on equity of 15.40% and a net margin of 8.21%. The company’s revenue for the quarter was up .9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.87 earnings per share. Ingredion has set its FY 2026 guidance at 10.300-10.900 EPS. Analysts anticipate that Ingredion will post 10.76 earnings per share for the current year.

Ingredion Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, October 20th. Shareholders of record on Thursday, October 1st will be paid a $0.83 dividend. This represents a $3.32 dividend on an annualized basis and a yield of 3.5%. This is a boost from Ingredion’s previous quarterly dividend of $0.82. The ex-dividend date is Thursday, October 1st. Ingredion’s dividend payout ratio is presently 36.21%.

Ingredion Company Profile

Ingredion Incorporated (NYSE: INGR) is a global ingredient solutions company that develops and produces plant-based ingredients for food, beverage, animal nutrition, brewing, and industrial applications. Its portfolio includes sweeteners, starches, fibers, texturizers, nutrition ingredients, and other specialty solutions designed to improve taste, texture, stability, nutrition, and functionality.

The company processes plant-based raw materials, including corn, tapioca, potato, rice, and stevia, into ingredients used in products such as baked goods, dairy and plant-based foods, beverages, confectionery, sauces, and personal care products.