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13,069 Shares in Ingredion Incorporated $INGR Purchased by Magnetar Financial LLC

Ingredion logo with Consumer Staples background
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Key Points

  • Magnetar Financial LLC established a new position in Ingredion (INGR) in Q3, buying 13,069 shares valued at about $1.596 million, and institutional investors now own roughly 85.27% of the company.
  • Research firms hold a consensus rating of Hold with a consensus target price of $125.83, with recent notes including UBS raising its target to $124 and Zacks moving the stock from "strong sell" to "hold."
  • Ingredion missed quarterly estimates (EPS $2.53 vs. $2.59 expected) and reported revenue down 2.4% year‑over‑year, set FY2026 guidance of $11.00–$11.80 EPS, and insiders have sold about 48,310 shares (≈$5.74M) in the past 90 days.
  • MarketBeat previews the top five stocks to own by May 1st.

Magnetar Financial LLC acquired a new position in Ingredion Incorporated (NYSE:INGR - Free Report) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 13,069 shares of the company's stock, valued at approximately $1,596,000.

A number of other institutional investors have also recently bought and sold shares of the business. Integrated Wealth Concepts LLC raised its position in shares of Ingredion by 32.8% in the first quarter. Integrated Wealth Concepts LLC now owns 2,082 shares of the company's stock valued at $281,000 after buying an additional 514 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Ingredion by 63.9% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 3,694 shares of the company's stock valued at $499,000 after acquiring an additional 1,440 shares in the last quarter. NewEdge Advisors LLC raised its holdings in Ingredion by 9.0% in the 1st quarter. NewEdge Advisors LLC now owns 9,687 shares of the company's stock valued at $1,310,000 after acquiring an additional 797 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in shares of Ingredion by 5.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 101,414 shares of the company's stock valued at $13,712,000 after acquiring an additional 5,255 shares during the period. Finally, Focus Partners Wealth grew its holdings in shares of Ingredion by 5.6% during the 1st quarter. Focus Partners Wealth now owns 3,636 shares of the company's stock worth $492,000 after purchasing an additional 192 shares in the last quarter. Institutional investors own 85.27% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. Jefferies Financial Group reaffirmed a "hold" rating on shares of Ingredion in a research note on Wednesday, February 4th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Ingredion in a report on Monday, December 29th. Zacks Research upgraded shares of Ingredion from a "strong sell" rating to a "hold" rating in a research report on Monday, December 22nd. UBS Group boosted their price objective on shares of Ingredion from $119.00 to $124.00 and gave the company a "neutral" rating in a research report on Thursday, February 5th. Finally, BMO Capital Markets restated a "market perform" rating on shares of Ingredion in a research note on Wednesday, February 4th. One investment analyst has rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $125.83.

Get Our Latest Report on INGR

Ingredion Stock Up 0.1%

INGR stock opened at $111.27 on Friday. The firm has a 50-day moving average price of $115.76 and a 200-day moving average price of $116.16. Ingredion Incorporated has a 12 month low of $102.31 and a 12 month high of $141.78. The company has a current ratio of 2.66, a quick ratio of 1.73 and a debt-to-equity ratio of 0.41. The stock has a market capitalization of $7.00 billion, a P/E ratio of 9.97, a price-to-earnings-growth ratio of 0.88 and a beta of 0.69.

Ingredion (NYSE:INGR - Get Free Report) last announced its quarterly earnings results on Tuesday, February 3rd. The company reported $2.53 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.59 by ($0.06). The company had revenue of $1.76 billion for the quarter, compared to the consensus estimate of $1.78 billion. Ingredion had a net margin of 10.10% and a return on equity of 17.32%. The company's revenue for the quarter was down 2.4% compared to the same quarter last year. During the same period last year, the firm posted $2.63 earnings per share. Ingredion has set its FY 2026 guidance at 11.000-11.8 EPS. As a group, equities research analysts anticipate that Ingredion Incorporated will post 11.14 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, SVP Larry Fernandes sold 1,125 shares of the company's stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $116.55, for a total transaction of $131,118.75. Following the completion of the transaction, the senior vice president directly owned 30,514 shares in the company, valued at approximately $3,556,406.70. This represents a 3.56% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO James P. Zallie sold 9,958 shares of the stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $116.55, for a total value of $1,160,604.90. Following the completion of the transaction, the chief executive officer owned 33,011 shares of the company's stock, valued at $3,847,432.05. The trade was a 23.17% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 48,310 shares of company stock worth $5,741,733. Insiders own 2.30% of the company's stock.

Ingredion Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding INGR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ingredion Incorporated (NYSE:INGR - Free Report).

Institutional Ownership by Quarter for Ingredion (NYSE:INGR)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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