Barrow Hanley Mewhinney & Strauss LLC Acquires Shares of 182,640 International Flavors & Fragrances Inc. $IFF

Key Points

• Barrow Hanley Mewhinney & Strauss LLC acquired 182,640 IFF shares worth approximately $14.5 million, while institutional investors collectively own about 96% of the company.
• IFF authorized a $2.5 billion share-repurchase program covering up to 12.1% of shares and declared a quarterly dividend of $0.40 per share, despite its dividend payout ratio exceeding 100%.
• The company’s latest quarter missed expectations, reporting EPS of $0.82 versus $1.07 expected and revenue of $1.95 billion versus $2.62 billion; analysts maintain a “Moderate Buy” consensus with an average target of $92.16.

Barrow Hanley Mewhinney & Strauss LLC purchased a new stake in shares of International Flavors & Fragrances Inc. (NYSE:IFF - Free Report) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 182,640 shares of the specialty chemicals company's stock, valued at approximately $14,469,000. Barrow Hanley Mewhinney & Strauss LLC owned about 0.07% of International Flavors & Fragrances at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. BlackRock Inc. bought a new stake in International Flavors & Fragrances during the second quarter worth approximately $1,835,955,000. Invesco Ltd. increased its holdings in shares of International Flavors & Fragrances by 131.3% during the 3rd quarter. Invesco Ltd. now owns 7,167,176 shares of the specialty chemicals company's stock worth $441,068,000 after purchasing an additional 4,069,075 shares during the period. Eurizon Capital SGR S.p.A. acquired a new position in International Flavors & Fragrances in the 4th quarter valued at approximately $211,703,000. Ameriprise Financial Inc. raised its stake in shares of International Flavors & Fragrances by 1,842.0% in the second quarter. Ameriprise Financial Inc. now owns 2,491,606 shares of the specialty chemicals company's stock valued at $183,264,000 after purchasing an additional 2,363,307 shares in the last quarter. Finally, First Eagle Investment Management LLC lifted its holdings in shares of International Flavors & Fragrances by 27.5% during the 4th quarter. First Eagle Investment Management LLC now owns 8,831,668 shares of the specialty chemicals company's stock worth $595,166,000 after acquiring an additional 1,904,598 shares during the period. Institutional investors and hedge funds own 96.02% of the company's stock.

Insider Buying and Selling at International Flavors & Fragrances

In other news, Director Paul J. Fribourg purchased 260,000 shares of the company's stock in a transaction that occurred on Monday, June 1st. The stock was purchased at an average cost of $74.28 per share, with a total value of $19,312,800.00. Following the purchase, the director owned 2,682,730 shares in the company, valued at approximately $199,273,184.40. This trade represents a 10.73% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider De Mendonca Ana Paula Teles sold 5,718 shares of the firm's stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $83.19, for a total transaction of $475,680.42. The disclosure for this sale is available in the SEC filing. Insiders have sold 15,543 shares of company stock worth $1,315,659 over the last quarter. Company insiders own 1.07% of the company's stock.

International Flavors & Fragrances Stock Performance

Shares of IFF stock opened at $84.31 on Monday. International Flavors & Fragrances Inc. has a 12 month low of $59.14 and a 12 month high of $89.32. The stock has a market capitalization of $21.51 billion, a P/E ratio of 77.35, a PEG ratio of 3.12 and a beta of 0.93. The company has a current ratio of 2.06, a quick ratio of 1.72 and a debt-to-equity ratio of 0.34. The firm's 50 day moving average is $79.56 and its 200 day moving average is $76.34.

International Flavors & Fragrances (NYSE:IFF - Get Free Report) last announced its earnings results 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 return on equity of 7.11% and a net margin of 2.78%.The company had revenue of $1.95 billion during the quarter, compared to analysts' expectations of $2.62 billion. During the same quarter last year, the firm posted $1.15 earnings per share. The firm's revenue was up 1.8% on a year-over-year basis. On average, sell-side analysts anticipate that International Flavors & Fragrances Inc. will post 3.08 earnings per share for the current year.

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

International Flavors & Fragrances Dividend Announcement

The business also recently announced 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. The ex-dividend date is Friday, September 18th. This represents a $1.60 dividend on an annualized basis and a yield of 1.9%. International Flavors & Fragrances's payout ratio is currently 146.79%.

More International Flavors & Fragrances News

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.

Analyst Ratings Changes

Several brokerages have recently commented on IFF. Oppenheimer boosted their target price on International Flavors & Fragrances from $88.00 to $90.00 and gave the stock an "outperform" rating in a report on Thursday, May 7th. Vertical Research downgraded 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. Citigroup cut their target price on shares of International Flavors & Fragrances from $96.00 to $88.00 and set a "buy" rating for the company in a research note on Wednesday, June 24th. Berenberg Bank lifted their price objective on shares of International Flavors & Fragrances from $83.00 to $84.80 and gave the stock a "hold" rating in a research note on Thursday, May 7th. Finally, UBS Group boosted their price target on International Flavors & Fragrances from $84.00 to $91.00 and gave the stock a "neutral" rating in a report on Thursday, August 6th. Thirteen research 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 data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $92.16.

About International Flavors & Fragrances

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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