24,545 Shares in International Flavors & Fragrances Inc. $IFF Bought by Wealthfront Advisers LLC

Key Points

• Wealthfront Advisers purchased 24,545 IFF shares during the second quarter, valued at approximately $1.94 million. Institutional investors collectively own 96.02% of the company.
• IFF’s latest quarterly results missed expectations, with EPS of $0.82 versus $1.07 expected and revenue of $1.95 billion versus $2.62 billion projected. Analysts have also reduced future earnings estimates, raising concerns about profitability.
• The company authorized a $2.5 billion share-repurchase program, while Wall Street maintains a “Moderate Buy” consensus and an average price target of $92.16, above the reported $83.40 share price.

Wealthfront Advisers LLC purchased a new stake in International Flavors & Fragrances Inc. (NYSE:IFF - Free Report) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 24,545 shares of the specialty chemicals company's stock, valued at approximately $1,944,000.

A number of other large investors have also recently made changes to their positions in IFF. Lloyd Advisory Services LLC. acquired a new stake in International Flavors & Fragrances in the fourth quarter valued at approximately $27,000. Root Financial Partners LLC increased its position in shares of International Flavors & Fragrances by 97.9% in the 1st quarter. Root Financial Partners LLC now owns 554 shares of the specialty chemicals company's stock valued at $40,000 after purchasing an additional 274 shares during the last quarter. Geneos Wealth Management Inc. raised its holdings in shares of International Flavors & Fragrances by 55.7% in the 1st quarter. Geneos Wealth Management Inc. now owns 587 shares of the specialty chemicals company's stock valued at $46,000 after purchasing an additional 210 shares in the last quarter. Transamerica Financial Advisors LLC raised its holdings in shares of International Flavors & Fragrances by 884.1% in the 2nd quarter. Transamerica Financial Advisors LLC now owns 679 shares of the specialty chemicals company's stock valued at $50,000 after purchasing an additional 610 shares in the last quarter. Finally, EFG International AG purchased a new stake in shares of International Flavors & Fragrances during the 4th quarter worth $73,000. 96.02% of the stock is currently owned by hedge funds and other institutional investors.

International Flavors & Fragrances News Roundup

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

• Positive Sentiment: IFF remains above its 50-day and 200-day moving averages and near its 52-week high, indicating continued market momentum. The company also authorized a $2.5 billion share-repurchase program, potentially supporting earnings per share and signaling management believes the stock is undervalued.
• Neutral Sentiment: Analyst opinion remains mixed. While Zacks Research has a “Strong Sell” rating, other analysts maintain Buy ratings and the broader consensus is “Moderate Buy,” with an average price target of $92.16. IFF analyst coverage
• Negative Sentiment: Zacks Research made a broad series of earnings reductions, cutting projected EPS to $3.14 from $4.45 for fiscal 2026, to $3.71 from $4.81 for 2027, and to $4.31 from $5.21 for 2028. Estimates for multiple upcoming quarters were also reduced, including Q3 2026 EPS to $0.67 from $1.14. The revisions suggest expectations for weaker profitability over the next several years and may weigh on IFF’s relatively high valuation.
• Negative Sentiment: IFF insider Ana Paula Teles De Mendonca sold 5,718 shares at an average price of $83.19, representing approximately $475,680. One insider sale is not conclusive, but it adds a modest negative signal regarding management-level confidence. SEC insider transaction filing
• Negative Sentiment: The company’s most recent quarterly results missed expectations, with EPS of $0.82 versus the $1.07 consensus estimate and revenue of $1.95 billion versus expectations of $2.62 billion. The prior-year quarter produced EPS of $1.15, reinforcing concerns about earnings deterioration.

Insider Activity

In other news, Director Paul J. Fribourg purchased 260,000 shares of the company's stock in a transaction dated Monday, June 1st. The shares were acquired at an average cost of $74.28 per share, for a total transaction of $19,312,800.00. Following the completion of the purchase, the director directly owned 2,682,730 shares in the company, valued at $199,273,184.40. The trade was a 10.73% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, 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 transaction of $754,978.75. Following the completion of the sale, the executive vice president owned 5,199 shares of the company's stock, valued at approximately $444,774.45. The trade was a 62.93% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 15,543 shares of company stock worth $1,315,659 in the last 90 days. Corporate insiders own 1.07% of the company's stock.

Wall Street Analyst Weigh In

IFF has been the subject of several analyst reports. JPMorgan Chase & Co. upped their price objective on International Flavors & Fragrances from $90.00 to $92.00 and gave the stock an "overweight" rating in a research report on Thursday, May 7th. Oppenheimer boosted their target price on International Flavors & Fragrances from $88.00 to $90.00 and gave the stock an "outperform" rating in a research note on Thursday, May 7th. BNP Paribas Exane upped their price target on International Flavors & Fragrances from $85.00 to $95.00 in a report on Thursday, May 7th. UBS Group increased their price target on shares of International Flavors & Fragrances from $84.00 to $91.00 and gave the company a "neutral" rating in a research note on Thursday, August 6th. Finally, Benchmark raised their price objective on shares of International Flavors & Fragrances from $100.00 to $105.00 and gave the stock a "buy" rating in a report on Thursday, August 6th. Thirteen analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $92.16.

International Flavors & Fragrances Stock Performance

NYSE IFF opened at $83.40 on Friday. The firm has a market cap of $21.28 billion, a P/E ratio of 76.51, a P/E/G ratio of 3.08 and a beta of 0.93. International Flavors & Fragrances Inc. has a 52-week low of $59.14 and a 52-week high of $89.32. The business's 50-day moving average price is $79.44 and its 200 day moving average price is $76.24. The company has a quick ratio of 1.72, a current ratio of 2.06 and a debt-to-equity ratio of 0.34.

International Flavors & Fragrances (NYSE:IFF - Get Free Report) last released its earnings results on Tuesday, August 4th. The specialty chemicals company reported $0.82 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 during the quarter, compared to analyst estimates of $2.62 billion. During the same period in the previous year, the firm posted $1.15 EPS. The company's revenue for the quarter was up 1.8% on a year-over-year basis. On average, equities research analysts expect that International Flavors & Fragrances Inc. will post 3.08 earnings per share for the current year.

International Flavors & Fragrances announced that its board has authorized a share buyback plan 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 stock through open market purchases. Stock repurchase plans are usually an indication that the company's board of directors believes its shares are undervalued.

International Flavors & Fragrances Announces Dividend

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 $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 1.9%. The ex-dividend date of this dividend is Friday, September 18th. International Flavors & Fragrances's payout ratio is currently 146.79%.

International Flavors & Fragrances 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.

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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