International Flavors & Fragrances (NYSE:IFF) Sets New 12-Month High – What’s Next?

International Flavors & Fragrances Inc. (NYSE:IFF) reached a new 52-week high during trading on Monday. The company traded as high as $95.27 and last traded at $94.84, with a volume of 669,424 shares trading hands. The stock had previously closed at $93.02.

Key International Flavors & Fragrances News

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

• Positive Sentiment: IFF reported adjusted EPS of $0.83, above the $0.81 consensus, and revenue of $1.94 billion, ahead of estimates of $1.91 billion. Sales rose 3.9% year over year. Article: International Flavors Surpasses Q3 Earnings and Revenue Estimates
• Neutral Sentiment: The company raised its full-year 2026 guidance, a positive signal, though reports characterize the outlook as soft and say the fourth-quarter profit outlook fell short of investor expectations. Article: Q3 Adjusted Earnings, Revenue Rise; Lifts 2026 Guidance
• Negative Sentiment: Rising costs and the cautious near-term profit outlook appear to be overshadowing the quarterly beat and higher annual guidance, creating pressure on the shares. IFF also reported a GAAP loss for the quarter, despite its adjusted-earnings beat. Article: IFF Shares Fall on Soft 2026 Guidance Despite Q3 Beat

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the stock. Benchmark upped their target price on shares of International Flavors & Fragrances from $100.00 to $105.00 and gave the company a “buy” rating in a report on Thursday, August 6th. Barclays raised their price target on International Flavors & Fragrances from $96.00 to $105.00 and gave the stock an “overweight” rating in a report on Friday, October 16th. Zacks Research upgraded International Flavors & Fragrances from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 20th. Wall Street Zen raised International Flavors & Fragrances from a “sell” rating to a “hold” rating in a research note on Sunday, October 25th. Finally, Citigroup decreased their price objective on International Flavors & Fragrances from $101.00 to $100.00 and set a “buy” rating for the company in a research report on Wednesday, October 7th. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $94.28.

International Flavors & Fragrances Trading Down 2.8%

The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.72 and a current ratio of 2.06. The stock has a market capitalization of $23.47 billion, a PE ratio of 84.41, a price-to-earnings-growth ratio of 4.06 and a beta of 0.86. The business’s 50-day moving average is $87.18 and its two-hundred day moving average is $78.76.

International Flavors & Fragrances (NYSE:IFF) last announced its quarterly earnings data on Tuesday, November 3rd. The specialty chemicals company reported $0.83 EPS for the quarter, topping analysts’ consensus estimates of $0.81 by $0.02. International Flavors & Fragrances had a net margin of 2.78% and a return on equity of 7.11%. The company had revenue of $1.94 billion during the quarter, compared to the consensus estimate of $1.91 billion. During the same quarter in the prior year, the firm earned $1.05 EPS. International Flavors & Fragrances’s quarterly revenue was up 3.9% on a year-over-year basis. As a group, equities research analysts anticipate that International Flavors & Fragrances Inc. will post 3.24 earnings per share for the current year.

International Flavors & Fragrances Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 13th. Stockholders of record on Saturday, December 19th will be paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date is Friday, December 18th. International Flavors & Fragrances’s payout ratio is 146.79%.

International Flavors & Fragrances declared that its Board of Directors has initiated a share repurchase program on Tuesday, August 4th that permits the company to buy back $2.50 billion in shares. This buyback authorization permits the specialty chemicals company to buy up to 12.1% of its shares through open market purchases. Stock buyback programs are typically an indication that the company’s board believes its shares are undervalued.

Insider Buying and Selling

In related news, EVP Michael Deveau sold 8,825 shares of the firm’s stock in a transaction dated Thursday, August 6th. The shares were sold at an average price of $85.55, for a total value of $754,978.75. Following the completion of the sale, the executive vice president owned 5,199 shares in the company, valued at $444,774.45. This trade represents a 62.93% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Marc Birenkrant sold 1,000 shares of the firm’s stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $85.00, for a total transaction 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 approximately $292,910. The trade was a 22.49% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 15,543 shares of company stock valued at $1,315,659 over the last ninety days. Corporate insiders own 1.07% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in IFF. Root Financial Partners LLC lifted its position in International Flavors & Fragrances by 97.9% during the first quarter. Root Financial Partners LLC now owns 554 shares of the specialty chemicals company’s stock worth $40,000 after buying an additional 274 shares during the period. Heritage Family Offices LLP acquired a new position in International Flavors & Fragrances during the 3rd quarter worth approximately $54,000. Parkside Financial Bank & Trust lifted its holdings in International Flavors & Fragrances by 27.9% in the 2nd quarter. Parkside Financial Bank & Trust now owns 706 shares of the specialty chemicals company’s stock worth $56,000 after buying an additional 154 shares in the last quarter. Westpac Banking Corp purchased a new position in International Flavors & Fragrances in the 2nd quarter valued at about $91,000. Finally, Mather Group LLC. grew its stake in shares of International Flavors & Fragrances by 24.0% during the third quarter. Mather Group LLC. now owns 1,393 shares of the specialty chemicals company’s stock valued at $116,000 after acquiring an additional 270 shares in the last quarter. 96.02% of the stock is currently owned by institutional investors and hedge funds.

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.