International Flavors & Fragrances Inc. $IFF Stock: Robeco Institutional Asset Management B.V. Decreases Stake

Key Points

• Robeco Institutional Asset Management cut its IFF stake by 23.8% in the third quarter, selling 16,214 shares and retaining 51,867 shares worth approximately $4.33 million. Institutional investors collectively own 96.02% of the company.
• IFF reported quarterly EPS of $0.82, below the $1.07 analyst consensus, while revenue of $1.95 billion also missed estimates. The company nevertheless authorized a $2.5 billion share buyback and maintains a $0.40 quarterly dividend, yielding about 1.7%.
• Analyst sentiment remains generally favorable, with a consensus “Moderate Buy” rating and an average price target of $94.28; Oppenheimer recently raised its target to $108, while Zacks upgraded the stock to “Strong Buy.”

Robeco Institutional Asset Management B.V. lessened its position in International Flavors & Fragrances Inc. (NYSE:IFF - Free Report) by 23.8% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 51,867 shares of the specialty chemicals company's stock after selling 16,214 shares during the quarter. Robeco Institutional Asset Management B.V.'s holdings in International Flavors & Fragrances were worth $4,330,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of IFF. Root Financial Partners LLC boosted its position in International Flavors & Fragrances by 97.9% during the 1st quarter. Root Financial Partners LLC now owns 554 shares of the specialty chemicals company's stock worth $40,000 after acquiring an additional 274 shares during the last quarter. Parkside Financial Bank & Trust raised its holdings in shares of International Flavors & Fragrances by 27.9% in the second quarter. Parkside Financial Bank & Trust now owns 706 shares of the specialty chemicals company's stock valued at $56,000 after purchasing an additional 154 shares during the last quarter. Westpac Banking Corp acquired a new stake in shares of International Flavors & Fragrances in the second quarter valued at approximately $91,000. Mather Group LLC. raised its holdings in shares of International Flavors & Fragrances by 24.0% in the third quarter. Mather Group LLC. now owns 1,393 shares of the specialty chemicals company's stock valued at $116,000 after purchasing an additional 270 shares during the last quarter. Finally, Livforsakringsbolaget Skandia Omsesidigt bought a new stake in shares of International Flavors & Fragrances in the second quarter worth $148,000. Institutional investors and hedge funds own 96.02% of the company's stock.

International Flavors & Fragrances Stock Down 0.0%

International Flavors & Fragrances stock opened at $94.11 on Monday. The company's 50-day moving average price is $85.95 and its two-hundred day moving average price is $79.94. The company has a quick ratio of 1.72, a current ratio of 2.06 and a debt-to-equity ratio of 0.34. The stock has a market cap of $24.01 billion, a P/E ratio of 86.34, a P/E/G ratio of 4.04 and a beta of 0.91. International Flavors & Fragrances Inc. has a twelve month low of $61.29 and a twelve month high of $94.59.

International Flavors & Fragrances (NYSE:IFF - Get Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The specialty chemicals company reported $0.82 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 firm had revenue of $1.95 billion for the quarter, compared to the consensus estimate of $2.62 billion. During the same quarter in the prior year, the firm earned $1.15 EPS. The company's revenue was up 1.8% on a year-over-year basis. As a group, analysts expect that International Flavors & Fragrances Inc. will post 3.24 EPS for the current year.

International Flavors & Fragrances Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 9th. Shareholders of record on Friday, September 18th were given a dividend of $0.40 per share. The ex-dividend date was Friday, September 18th. This represents a $1.60 annualized dividend and a yield of 1.7%. International Flavors & Fragrances's dividend payout ratio (DPR) is presently 146.79%.

International Flavors & Fragrances announced that its board has initiated a share buyback plan on Tuesday, August 4th that allows the company to repurchase $2.50 billion in outstanding shares. This repurchase authorization allows the specialty chemicals company to purchase up to 12.1% of its stock through open market purchases. Share repurchase plans are typically an indication that the company's board believes its stock is undervalued.

Analyst Upgrades and Downgrades

IFF has been the subject of several recent research reports. Morgan Stanley increased their target price on shares of International Flavors & Fragrances from $93.00 to $95.00 and gave the stock an "overweight" rating in a report on Wednesday, July 1st. Vertical Research lowered shares of International Flavors & Fragrances from a "buy" rating to a "hold" rating and set a $93.00 price target on the stock. in a research note on Thursday, August 6th. Argus lifted their price target on shares of International Flavors & Fragrances from $85.00 to $95.00 and gave the company a "buy" rating in a research note on Wednesday, October 7th. Barclays boosted their price target on shares of International Flavors & Fragrances from $96.00 to $105.00 and gave the stock an "overweight" rating in a research report on Friday, October 16th. Finally, Wall Street Zen upgraded shares of International Flavors & Fragrances from a "sell" rating to a "hold" rating in a research note on Sunday. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, International Flavors & Fragrances currently has a consensus rating of "Moderate Buy" and an average price target of $94.28.

Insider Transactions at International Flavors & Fragrances

In other news, insider De Mendonca Ana Paula Teles sold 5,718 shares of International Flavors & Fragrances stock in a transaction on Monday, August 17th. The stock was sold at an average price of $83.19, for a total transaction of $475,680.42. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Marc Birenkrant sold 1,000 shares of the business's stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $85.00, for a total transaction of $85,000.00. Following the completion of the sale, the chief accounting officer directly owned 3,446 shares of the company's stock, valued at approximately $292,910. The trade was a 22.49% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 15,543 shares of company stock valued at $1,315,659. 1.07% of the stock is currently owned by corporate insiders.

Key Headlines Impacting International Flavors & Fragrances

Here are the key news stories impacting International Flavors & Fragrances this week:

• Positive Sentiment: Oppenheimer raised its price target to $108 from $95 and maintained an “Outperform” rating, implying additional upside from recent trading levels. Oppenheimer Adjusts Price Target on International Flavors & Fragrances to $108 From $95, Keeps Outperform Rating
• Positive Sentiment: Zacks Research upgraded IFF from “Hold” to “Strong Buy,” adding a favorable analyst-rating catalyst for the stock. Zacks Research Stock Recommendations
• Positive Sentiment: Zacks raised its EPS forecasts across multiple periods: Q3 2026 to $0.72 from $0.71, FY2026 to $3.20 from $3.19, Q3 2027 to $1.01 from $1.00, Q4 2027 to $1.11 from $1.10, FY2027 to $4.00 from $3.99, and FY2028 to $4.73 from $4.71. The revisions suggest modestly improving expectations for IFF’s earnings trajectory.
• Neutral Sentiment: Despite the bullish analyst commentary, IFF’s latest reported quarter missed consensus estimates for both earnings and revenue, so investors may look for evidence that operational improvement supports the more optimistic forecasts.

About International Flavors & Fragrances

International Flavors & Fragrances Inc NYSE: IFF develops and manufactures ingredients, flavor systems, fragrances and specialty solutions used in consumer and industrial products. Its offerings support food and beverage manufacturers, fragrance and personal care companies, household-product makers, pharmaceutical businesses and other customers.

The company's portfolio includes flavors for beverages, dairy products, sweet goods, savory foods and other applications; fragrances for fine fragrance, personal care and home care products; and functional ingredients, enzymes, cultures, natural extracts and other specialty materials.

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