1,550,018 Shares in International Flavors & Fragrances Inc. $IFF Acquired by Bank of New York Mellon Corp

Bank of New York Mellon Corp purchased a new stake in shares of International Flavors & Fragrances Inc. (NYSE:IFF - Free Report) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 1,550,018 shares of the specialty chemicals company's stock, valued at approximately $122,792,000. Bank of New York Mellon Corp owned approximately 0.61% of International Flavors & Fragrances at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the stock. Tema ETFs LLC increased its holdings in shares of International Flavors & Fragrances by 9.4% in the second quarter. Tema ETFs LLC now owns 5,078 shares of the specialty chemicals company's stock valued at $402,000 after purchasing an additional 435 shares during the period. Peoples Bank KS increased its holdings in International Flavors & Fragrances by 5.1% in the 2nd quarter. Peoples Bank KS now owns 4,686 shares of the specialty chemicals company's stock worth $371,000 after buying an additional 228 shares during the period. Contravisory Investment Management Inc. purchased a new position in International Flavors & Fragrances during the 2nd quarter worth approximately $1,112,000. HF Advisory Group LLC raised its position in International Flavors & Fragrances by 1.3% during the 2nd quarter. HF Advisory Group LLC now owns 17,847 shares of the specialty chemicals company's stock worth $1,414,000 after buying an additional 233 shares during the last quarter. Finally, Everhart Financial Group Inc. acquired a new stake in International Flavors & Fragrances during the 2nd quarter valued at approximately $208,000. 96.02% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts recently issued reports on IFF shares. Morgan Stanley raised their target price on shares of International Flavors & Fragrances from $93.00 to $95.00 and gave the stock an "overweight" rating in a report on Wednesday, July 1st. BNP Paribas Exane upped their price target on shares of International Flavors & Fragrances from $85.00 to $95.00 in a report on Thursday, May 7th. Rothschild & Co Redburn cut their price target on International Flavors & Fragrances from $74.00 to $71.00 in a research report on Friday, May 8th. Benchmark lifted their price objective on International Flavors & Fragrances from $100.00 to $105.00 and gave the company a "buy" rating in a research note on Thursday, August 6th. Finally, Deutsche Bank Aktiengesellschaft decreased their price objective on International Flavors & Fragrances from $95.00 to $90.00 and set a "buy" rating for the company in a report on Monday, June 1st. Thirteen analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $92.16.

Insider Transactions at International Flavors & Fragrances

In related news, EVP Michael Deveau sold 8,825 shares of the stock in a transaction on Thursday, August 6th. The stock was sold at an average price of $85.55, for a total value of $754,978.75. Following the completion of the transaction, the executive vice president directly owned 5,199 shares of the company's stock, valued at approximately $444,774.45. This represents a 62.93% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider De Mendonca Ana Paula Teles sold 5,718 shares of the firm's stock in a transaction on Monday, August 17th. The shares were sold at an average price of $83.19, for a total value of $475,680.42. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 15,543 shares of company stock valued at $1,315,659 in the last 90 days. Corporate insiders own 1.07% of the company's stock.

Trending Headlines about International Flavors & Fragrances

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

• Positive Sentiment: IFF is trading above its 50-day and 200-day moving averages and near its 52-week high, signaling continued investor momentum even though the latest reports do not identify a new fundamental catalyst.
• Positive Sentiment: The company authorized a $2.5 billion share-repurchase program, potentially covering up to 12.1% of outstanding shares. The buyback may support earnings per share and suggests management believes the stock is undervalued.
• Positive Sentiment: Institutional ownership remains high at approximately 96%, while several large investors—including BlackRock, Invesco and Ameriprise—recently increased or initiated positions. IFF also declared a quarterly dividend of $0.40 per share.
• Neutral Sentiment: CEO Erik Fyrwald is scheduled to participate in a Barclays Global Consumer Conference fireside chat on September 10. Investors may look for updates on strategy, operating performance and capital allocation, but no new guidance has been provided. IFF Barclays conference announcement
• Negative Sentiment: Zacks Research repeatedly lowered its EPS forecasts and maintained a “Strong Sell” rating. FY2026 EPS was cut to $3.14 from $4.45, FY2027 to $3.71 from $4.81, and FY2028 to $4.31 from $5.21. The revisions indicate expectations for weaker profitability over multiple years.
• Negative Sentiment: The largest near-term reduction was for Q3 2026 EPS, lowered to $0.67 from $1.14. Estimates for Q4 2026 and each quarter of 2027 were also reduced, raising concerns about sustained earnings pressure and IFF’s elevated valuation.
• Negative Sentiment: An insider sold 5,718 shares for approximately $476,000 at an average price of $83.19. One transaction is not conclusive, but it provides a modest negative signal for investors monitoring insider confidence. IFF insider sale report
• Negative Sentiment: IFF’s latest reported quarter missed analyst expectations, with EPS of $0.82 versus $1.07 expected and revenue of $1.95 billion versus $2.62 billion expected, reinforcing concerns behind the estimate cuts.

International Flavors & Fragrances Price Performance

International Flavors & Fragrances stock opened at $84.31 on Monday. The stock has a market capitalization of $21.51 billion, a P/E ratio of 77.35, a P/E/G ratio of 3.12 and a beta of 0.93. The company's fifty day moving average price is $79.56 and its 200 day moving average price is $76.34. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.72 and a current ratio of 2.06. International Flavors & Fragrances Inc. has a 1 year low of $59.14 and a 1 year high of $89.32.

International Flavors & Fragrances (NYSE:IFF - Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The specialty chemicals company reported $0.82 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.07 by ($0.25). International Flavors & Fragrances had a net margin of 2.78% and a return on equity of 7.11%. The company had revenue of $1.95 billion for the quarter, compared to analysts' expectations of $2.62 billion. During the same period in the previous year, the business earned $1.15 earnings per share. The business's revenue for the quarter was up 1.8% on a year-over-year basis. As a group, equities research analysts anticipate that International Flavors & Fragrances Inc. will post 3.08 earnings per share for the current fiscal year.

International Flavors & Fragrances Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 9th. Shareholders of record on Friday, September 18th will be paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 1.9%. The ex-dividend date is Friday, September 18th. International Flavors & Fragrances's payout ratio is 146.79%.

International Flavors & Fragrances declared that its board has authorized a stock buyback program on Tuesday, August 4th that allows the company to repurchase $2.50 billion in outstanding shares. This repurchase authorization allows the specialty chemicals company to repurchase up to 12.1% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company's management believes its stock is undervalued.

International Flavors & Fragrances Company Profile

International Flavors & Fragrances Inc NYSE: IFF is a global leader in the creation and production of flavors, fragrances, cosmetic actives and nutritional lipids. The company develops taste and scent solutions for a wide array of end markets including food and beverage, personal care, household goods and pharmaceutical products. Its portfolio spans natural and nature-identical flavors, fine fragrances, functional ingredients for skin and hair care, and specialty oils that enhance nutritional value and sensory appeal.

IFF's research and development network comprises innovation centers in North America, Europe, Asia-Pacific and Latin America, where multidisciplinary teams collaborate on aroma chemistry, sensory science and biotechnology.

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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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