Hsbc Holdings PLC Makes New $1.35 Million Investment in Ingredion Incorporated $INGR

Key Points

• HSBC Holdings initiated a $1.35 million position in Ingredion by purchasing 14,311 shares during the second quarter. Institutional investors collectively own 85.27% of the company.
• Ingredion exceeded quarterly expectations, reporting $2.82 in EPS versus the $2.71 consensus and $1.85 billion in revenue. Management provided fiscal 2026 EPS guidance of $10.30–$10.90.
• Analyst sentiment remains cautious, with a consensus “Hold” rating and a $121.29 target price; the stock recently traded near $103.55, down 1%.

Hsbc Holdings PLC bought a new stake in Ingredion Incorporated (NYSE:INGR - Free Report) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 14,311 shares of the company's stock, valued at approximately $1,355,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in INGR. Amundi raised its holdings in Ingredion by 19.4% in the 1st quarter. Amundi now owns 142,282 shares of the company's stock valued at $16,029,000 after buying an additional 23,122 shares during the period. Northwestern Mutual Wealth Management Co. boosted its stake in Ingredion by 22,036.7% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,037,106 shares of the company's stock worth $114,351,000 after buying an additional 1,032,421 shares during the period. Cooke & Bieler LP raised its stake 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 valued at $133,101,000 after acquiring an additional 303,807 shares during the period. ING Groep NV purchased a new stake in shares of Ingredion in the 4th quarter valued at approximately $6,825,000. Finally, Landscape Capital Management L.L.C. acquired a new position in shares of Ingredion in the 2nd quarter worth approximately $479,000. Institutional investors and hedge funds own 85.27% of the company's stock.

Insider Buying and Selling at Ingredion

In other news, Director David B. Fischer sold 1,662 shares of the business's stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $102.31, for a total transaction of $170,039.22. Following the completion of the sale, the director owned 19,930 shares in the company, valued at approximately $2,039,038.30. The trade was a 7.70% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 1.60% of the company's stock.

Ingredion Trading Down 1.0%

INGR opened at $103.55 on Tuesday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.92 and a current ratio of 2.80. Ingredion Incorporated has a one year low of $94.44 and a one year high of $130.48. The company has a market cap of $6.53 billion, a P/E ratio of 11.29, a PEG ratio of 0.90 and a beta of 0.62. The business's 50-day simple moving average is $101.49 and its 200-day simple moving average is $106.62.

Ingredion (NYSE:INGR - Get Free Report) last posted its earnings results on Tuesday, August 4th. The company reported $2.82 earnings per share for the quarter, topping the consensus estimate of $2.71 by $0.11. The firm 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 firm's revenue was up .9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.87 earnings per share. Ingredion has set its FY 2026 guidance at 10.300-10.900 EPS. As a group, equities research analysts expect that Ingredion Incorporated will post 10.6 EPS for the current fiscal year.

Analyst Ratings Changes

Several research analysts have recently commented on the stock. UBS Group raised their price objective on shares of Ingredion from $104.00 to $108.00 and gave the company a "neutral" rating in a research note on Wednesday, August 5th. Barclays cut their target price 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. Oppenheimer cut shares of Ingredion from an "outperform" rating to a "market perform" rating in a research report on Monday, June 8th. Weiss Ratings lowered Ingredion from a "hold (c)" rating to a "hold (c-)" rating in a report on Wednesday, July 8th. Finally, Benchmark reissued a "buy" rating on shares of Ingredion in a research note on Tuesday, June 9th. One investment analyst has rated the stock with a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $121.29.

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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