Ingredion Incorporated $INGR is Snyder Capital Management L P's 8th Largest Position

Key Points

• Snyder Capital Management L P increased its stake in Ingredion by 22.0% to 1,323,847 shares in the third quarter, making Ingredion the fund's 8th-largest position and representing about 2.08% of the company worth $161.7 million.
• Ingredion's Feb. 3 quarter showed EPS of $2.53 and revenue of $1.76 billion, both slightly below consensus, and the company set FY 2026 guidance of $11.00–$11.80 EPS (sell-side average ~11.14).
• Insiders have been sellers: CEO James P. Zallie sold 9,958 shares on Feb. 18 (a 23.17% reduction in his holding), and insiders sold a total of 48,311 shares (~$5.74 million) over the last quarter.

Snyder Capital Management L P raised its stake in Ingredion Incorporated (NYSE:INGR - Free Report) by 22.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,323,847 shares of the company's stock after purchasing an additional 238,420 shares during the period. Ingredion accounts for about 3.1% of Snyder Capital Management L P's holdings, making the stock its 8th biggest position. Snyder Capital Management L P owned 2.08% of Ingredion worth $161,655,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also modified their holdings of the company. Norges Bank acquired a new position in Ingredion in the second quarter valued at $82,779,000. Boston Trust Walden Corp increased its position in Ingredion by 6,843.0% during the third quarter. Boston Trust Walden Corp now owns 136,915 shares of the company's stock worth $16,719,000 after buying an additional 134,943 shares during the period. Cooke & Bieler LP lifted its stake in Ingredion by 16.0% in the third quarter. Cooke & Bieler LP now owns 903,346 shares of the company's stock valued at $110,308,000 after buying an additional 124,517 shares during the last quarter. Massachusetts Financial Services Co. MA boosted its holdings in shares of Ingredion by 10.0% in the second quarter. Massachusetts Financial Services Co. MA now owns 1,340,015 shares of the company's stock valued at $181,733,000 after acquiring an additional 121,387 shares during the period. Finally, Treasurer of the State of North Carolina boosted its holdings in shares of Ingredion by 139.5% in the second quarter. Treasurer of the State of North Carolina now owns 203,957 shares of the company's stock valued at $27,661,000 after acquiring an additional 118,812 shares during the period. Hedge funds and other institutional investors own 85.27% of the company's stock.

Insider Buying and Selling

In related news, CEO James P. Zallie sold 9,958 shares of the firm's stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $116.55, for a total value of $1,160,604.90. Following the completion of the transaction, the chief executive officer directly owned 33,011 shares of the company's stock, valued at $3,847,432.05. This trade represents a 23.17% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Larry Fernandes sold 1,125 shares of Ingredion stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $116.55, for a total value of $131,118.75. Following the transaction, the senior vice president directly owned 30,514 shares of the company's stock, valued at approximately $3,556,406.70. This represents a 3.56% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 48,311 shares of company stock valued at $5,741,840. Insiders own 2.30% of the company's stock.

Analyst Ratings Changes

INGR has been the topic of a number of recent research reports. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Ingredion in a report on Monday, December 29th. Zacks Research upgraded shares of Ingredion from a "strong sell" rating to a "hold" rating in a research note on Monday, December 22nd. Stephens reaffirmed an "equal weight" rating and issued a $120.00 target price on shares of Ingredion in a report on Wednesday, February 4th. BMO Capital Markets reaffirmed a "market perform" rating on shares of Ingredion in a research report on Wednesday, February 4th. Finally, Barclays boosted their target price on Ingredion from $124.00 to $128.00 and gave the company an "equal weight" rating in a report on Wednesday, February 4th. One equities research analyst has rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat.com, Ingredion currently has an average rating of "Hold" and an average price target of $125.83.

Ingredion Trading Down 1.1%

NYSE:INGR opened at $113.70 on Thursday. Ingredion Incorporated has a 1 year low of $102.31 and a 1 year high of $141.78. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.73 and a current ratio of 2.66. The stock has a fifty day moving average price of $115.54 and a two-hundred day moving average price of $116.68. The stock has a market capitalization of $7.16 billion, a price-to-earnings ratio of 10.19, a PEG ratio of 0.91 and a beta of 0.69.

Ingredion (NYSE:INGR - Get Free Report) last issued its earnings results on Tuesday, February 3rd. The company reported $2.53 EPS for the quarter, missing the consensus estimate of $2.59 by ($0.06). The company had revenue of $1.76 billion for the quarter, compared to analysts' expectations of $1.78 billion. Ingredion had a return on equity of 17.32% and a net margin of 10.10%.Ingredion's revenue for the quarter was down 2.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.63 earnings per share. Ingredion has set its FY 2026 guidance at 11.000-11.8 EPS. As a group, sell-side analysts anticipate that Ingredion Incorporated will post 11.14 earnings per share for the current fiscal year.

Ingredion Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, January 20th. Shareholders of record on Friday, January 2nd were issued a $0.82 dividend. The ex-dividend date of this dividend was Friday, January 2nd. This represents a $3.28 dividend on an annualized basis and a yield of 2.9%. Ingredion's dividend payout ratio (DPR) is 29.39%.

Ingredion 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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