International Flavors & Fragrances (NYSE:IFF) Stock Price Target Raised at UBS Group

Key Points

• UBS raised its price target on IFF from $91 to $95 but maintained a neutral rating; the new target implies about 9.8% upside from the prior close.
• Analyst sentiment is broadly positive: IFF has a consensus “Moderate Buy” rating and an average price target of $94.99.
• IFF beat quarterly earnings and revenue estimates, but concerns about its outlook and rising costs weighed on sentiment; shares fell 1.3% to $86.54 on Thursday.

International Flavors & Fragrances (NYSE:IFF - Get Free Report) had its price target raised by analysts at UBS Group from $91.00 to $95.00 in a research note issued on Thursday, Benzinga reports. The brokerage presently has a "neutral" rating on the specialty chemicals company's stock. UBS Group's price objective points to a potential upside of 9.78% from the stock's previous close.

Several other equities research analysts have also recently weighed in on IFF. Wall Street Zen upgraded International Flavors & Fragrances from a "sell" rating to a "hold" rating in a research note on Sunday, October 25th. JPMorgan Chase & Co. increased their price target on shares of International Flavors & Fragrances from $92.00 to $95.00 and gave the company an "overweight" rating in a research note on Thursday. Vertical Research cut shares of International Flavors & Fragrances from a "buy" rating to a "hold" rating and set a $93.00 price objective on the stock. in a report on Thursday, August 6th. Barclays boosted their price objective on shares of International Flavors & Fragrances from $96.00 to $105.00 and gave the stock an "overweight" rating in a research report on Friday, October 16th. Finally, 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. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $94.99.

International Flavors & Fragrances Stock Down 1.3%

NYSE:IFF traded down $1.13 during trading hours on Thursday, hitting $86.54. The company's stock had a trading volume of 3,518,160 shares, compared to its average volume of 1,874,557. The stock has a market capitalization of $22.08 billion, a P/E ratio of 121.88, a price-to-earnings-growth ratio of 3.96 and a beta of 0.86. The stock has a fifty day moving average of $87.19 and a 200-day moving average of $78.85. 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 has a 52-week low of $61.72 and a 52-week high of $95.27.

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

International Flavors & Fragrances announced that its board has authorized a stock buyback plan on Tuesday, August 4th that permits the company to repurchase $2.50 billion in shares. This repurchase authorization permits the specialty chemicals company to repurchase up to 12.1% of its stock through open market purchases. Share repurchase plans are generally a sign that the company's board believes its stock is undervalued.

Insider Transactions at International Flavors & Fragrances

In other International Flavors & Fragrances 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 stock was sold at an average price of $83.19, for a total value of $475,680.42. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CAO Marc Birenkrant sold 1,000 shares of the stock in a transaction that occurred 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 directly owned 3,446 shares of the company's stock, valued at $292,910. The trade was a 22.49% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 1.07% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On International Flavors & Fragrances

Institutional investors have recently modified their holdings of the business. Studio Investment Management LLC grew its position in International Flavors & Fragrances by 3.7% during the 2nd quarter. Studio Investment Management LLC now owns 3,916 shares of the specialty chemicals company's stock worth $312,000 after purchasing an additional 138 shares during the last quarter. Parkside Financial Bank & Trust raised its holdings in shares of International Flavors & Fragrances by 27.9% in the second quarter. Parkside Financial Bank & Trust now owns 706 shares of the specialty chemicals company's stock valued at $56,000 after buying an additional 154 shares during the last quarter. Waverly Advisors LLC boosted its stake in shares of International Flavors & Fragrances by 4.2% during the second quarter. Waverly Advisors LLC now owns 3,850 shares of the specialty chemicals company's stock worth $305,000 after buying an additional 156 shares during the period. HB Wealth Management LLC boosted its stake in shares of International Flavors & Fragrances by 2.8% during the second quarter. HB Wealth Management LLC now owns 6,272 shares of the specialty chemicals company's stock worth $497,000 after buying an additional 171 shares during the period. Finally, Chicago Partners Investment Group LLC grew its holdings in shares of International Flavors & Fragrances by 2.5% during the third quarter. Chicago Partners Investment Group LLC now owns 8,473 shares of the specialty chemicals company's stock worth $798,000 after buying an additional 207 shares during the last quarter. 96.02% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting International Flavors & Fragrances

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

• Positive Sentiment: Analysts raised their targets. JPMorgan lifted its target to $95 and kept an overweight rating, while Citigroup raised its target to $105 and maintained a buy rating. JPMorgan rating information Citigroup rating information
• Positive Sentiment: Q3 adjusted results topped estimates. IFF reported adjusted EPS of $0.83 versus the $0.81 consensus, and sales also exceeded expectations, with strength in Taste and Scent. The company also raised its 2026 guidance. IFF Q3 earnings beat and segment performance IFF Q3 adjusted earnings and guidance
• Negative Sentiment: Guidance and costs remain a concern. Despite the guidance increase, reports characterized the outlook as soft and flagged a Q4 profit warning. Rising costs could weigh on profitability, helping explain why the earnings beat has not fully reassured investors. Report on IFF guidance and shares Report on rising costs and outlook

International Flavors & Fragrances Company Profile

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.

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