California State Teachers Retirement System Sells 4,283 Shares of Ingredion Incorporated $INGR

Key Points

• California State Teachers Retirement System reduced its Ingredion stake by 5.6%, selling 4,283 shares and retaining 72,521 shares valued at approximately $6.9 million. Institutional investors collectively own 85.27% of the company.
• Ingredion reported quarterly EPS of $2.82, exceeding estimates of $2.71, while revenue reached $1.85 billion. The company reaffirmed fiscal 2026 EPS guidance of $10.30–$10.90.
• Ingredion shares traded near $99, well below their 12-month high of $127.50. Analysts maintain a consensus “Hold” rating, with an average price target of $121.29.

California State Teachers Retirement System reduced its stake in shares of Ingredion Incorporated (NYSE:INGR - Free Report) by 5.6% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 72,521 shares of the company's stock after selling 4,283 shares during the quarter. California State Teachers Retirement System owned approximately 0.12% of Ingredion worth $6,868,464 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of INGR. HB Wealth Management LLC lifted its holdings in shares of Ingredion by 42.4% in the 2nd quarter. HB Wealth Management LLC now owns 9,568 shares of the company's stock worth $906,000 after acquiring an additional 2,849 shares during the last quarter. NBH Bank bought a new position in Ingredion during the 2nd quarter worth approximately $258,000. AXQ Capital LP lifted its holdings in Ingredion by 182.2% in the second quarter. AXQ Capital LP now owns 19,986 shares of the company's stock worth $1,893,000 after purchasing an additional 12,904 shares during the period. Continuum Advisory LLC purchased a new position in Ingredion during the 2nd quarter worth approximately $43,000. Finally, Nykredit A S acquired a new position in Ingredion during the second quarter valued at approximately $215,000. Institutional investors and hedge funds own 85.27% of the company's stock.

Ingredion Price Performance

Ingredion stock traded up $0.37 during midday trading on Tuesday, hitting $99.00. The company's stock had a trading volume of 269,134 shares, compared to its average volume of 725,598. The company has a market capitalization of $6.24 billion, a PE ratio of 10.79, a price-to-earnings-growth ratio of 0.85 and a beta of 0.62. The company has a quick ratio of 1.92, a current ratio of 2.80 and a debt-to-equity ratio of 0.39. The stock's 50-day moving average price is $102.33 and its 200-day moving average price is $105.49. Ingredion Incorporated has a 12 month low of $94.44 and a 12 month high of $127.50.

Ingredion (NYSE:INGR - Get Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The company reported $2.82 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.71 by $0.11. The company had revenue of $1.85 billion during the quarter, compared to analysts' expectations of $1.83 billion. Ingredion had a return on equity of 15.40% and a net margin of 8.21%.The business's revenue was up .9% on a year-over-year basis. During the same period last year, the business earned $2.87 earnings per share. Ingredion has set its FY 2026 guidance at 10.300-10.900 EPS. Analysts anticipate that Ingredion Incorporated will post 10.76 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the company. Weiss Ratings cut Ingredion from a "hold (c)" rating to a "hold (c-)" rating in a report on Wednesday, July 8th. Barclays decreased their price target on shares of Ingredion from $120.00 to $118.00 and set an "equal weight" rating on the stock in a research note on Wednesday, August 5th. Benchmark reaffirmed a "buy" rating on shares of Ingredion in a report on Tuesday, June 9th. UBS Group raised their price target on Ingredion from $104.00 to $108.00 and gave the stock a "neutral" rating in a research note on Wednesday, August 5th. Finally, Zacks Research raised shares of Ingredion from a "strong sell" rating to a "hold" rating in a research report on Tuesday, July 14th. One research analyst has rated the stock with a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $121.29.

Insider Buying and Selling

In other news, Director David Fischer sold 1,662 shares of the stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $102.31, for a total value of $170,039.22. Following the transaction, the director owned 19,930 shares of the company's stock, valued at $2,039,038.30. This represents a 7.70% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 1.60% of the stock is currently owned by company insiders.

About Ingredion

Ingredion Incorporated NYSE: INGR is a global ingredient solutions company that develops and produces ingredients derived primarily from corn, tapioca, potato and other plant-based sources. Its products are used by food, beverage, brewing, animal nutrition, pharmaceutical, personal care and industrial manufacturers.

The company's portfolio includes starches, sweeteners, fibers, texturizers, specialty ingredients and plant-based proteins. These ingredients help customers improve the taste, texture, nutrition, stability and performance of finished products, including baked goods, dairy products, beverages, confectionery, sauces and other consumer and industrial goods.

Ingredion serves customers across North America, South America, Asia-Pacific, Europe, the Middle East and Africa.

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