Corient Private Wealth LP Buys Shares of 24,645 Ingredion Incorporated $INGR

Key Points

• Corient Private Wealth initiated a position in Ingredion by purchasing 24,645 shares valued at approximately $2.33 million. Institutional investors collectively own 85.27% of the company.
• Analyst sentiment remains cautious, with one Buy rating and eight Holds, resulting in a consensus “Hold” rating and a $121.29 average price target.
• Ingredion exceeded quarterly expectations, reporting $2.82 in EPS versus the $2.71 estimate and $1.85 billion in revenue. The company maintained fiscal 2026 EPS guidance of $10.30–$10.90.

Corient Private Wealth LP purchased a new stake in shares of Ingredion Incorporated (NYSE:INGR - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 24,645 shares of the company's stock, valued at approximately $2,334,000.

Other institutional investors have also modified their holdings of the company. Amundi grew its holdings in Ingredion by 19.4% in the first quarter. Amundi now owns 142,282 shares of the company's stock worth $16,029,000 after purchasing an additional 23,122 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Ingredion by 22,036.7% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,037,106 shares of the company's stock valued at $114,351,000 after purchasing an additional 1,032,421 shares during the last quarter. Hsbc Holdings PLC purchased a new stake in shares of Ingredion during the 2nd quarter valued at $1,355,000. Cooke & Bieler LP boosted its position in shares of Ingredion by 33.6% in the 4th quarter. Cooke & Bieler LP now owns 1,207,153 shares of the company's stock worth $133,101,000 after purchasing an additional 303,807 shares in the last quarter. Finally, ING Groep NV purchased a new position in Ingredion during the 4th quarter worth $6,825,000. 85.27% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the company. Barclays reduced their target price on Ingredion from $120.00 to $118.00 and set an "equal weight" rating on the stock in a research report on Wednesday, August 5th. Benchmark reissued a "buy" rating on shares of Ingredion in a report on Tuesday, June 9th. Oppenheimer lowered Ingredion from an "outperform" rating to a "market perform" rating in a research note on Monday, June 8th. Weiss Ratings downgraded shares of Ingredion from a "hold (c)" rating to a "hold (c-)" rating in a report on Wednesday, July 8th. Finally, UBS Group increased their price objective on shares of Ingredion from $104.00 to $108.00 and gave the company a "neutral" rating in a research report on Wednesday, August 5th. One equities research analyst has rated the stock with a Buy rating and eight have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $121.29.

Insider Buying and Selling at Ingredion

In other news, Director David B. Fischer sold 1,662 shares of the firm's stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $102.31, for a total value of $170,039.22. Following the completion of the transaction, the director directly owned 19,930 shares in the company, valued at $2,039,038.30. This trade represents a 7.70% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate insiders own 1.60% of the company's stock.

Ingredion Price Performance

Shares of INGR opened at $102.66 on Thursday. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.80 and a quick ratio of 1.92. The company's fifty day moving average price is $101.71 and its 200-day moving average price is $106.41. Ingredion Incorporated has a 1-year low of $94.44 and a 1-year high of $128.98. The firm has a market capitalization of $6.47 billion, a PE ratio of 11.20, a price-to-earnings-growth ratio of 0.89 and a beta of 0.62.

Ingredion (NYSE:INGR - Get Free Report) last issued its earnings results on Tuesday, August 4th. The company reported $2.82 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.71 by $0.11. Ingredion had a return on equity of 15.40% and a net margin of 8.21%.The company had revenue of $1.85 billion during the quarter, compared to analyst estimates of $1.83 billion. During the same quarter last year, the business posted $2.87 EPS. The firm's quarterly revenue was up .9% on a year-over-year basis. Ingredion has set its FY 2026 guidance at 10.300-10.900 EPS. On average, equities research analysts predict that Ingredion Incorporated will post 10.6 EPS for the current year.

Ingredion Company Profile

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.

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