Massachusetts Financial Services Co. MA Sells 34,950 Shares of Ingredion Incorporated $INGR

Key Points

• Massachusetts Financial Services Co. MA trimmed its stake in Ingredion by 2.6%, selling 34,950 shares to hold 1,334,498 shares (about 2.10% of the company) valued at $147.14 million.
• Ingredion missed quarterly estimates, reporting $2.53 EPS vs. $2.59 expected and $1.76B revenue vs. $1.78B expected, while issuing FY2026 guidance of $11.00–$11.80 EPS versus analysts' consensus of $11.14.
• Insiders have been net sellers: CEO James P. Zallie sold 9,958 shares (a 23.17% reduction in his position) and insiders sold 48,686 shares worth $5.78M in the last 90 days.

Massachusetts Financial Services Co. MA lessened its holdings in shares of Ingredion Incorporated (NYSE:INGR - Free Report) by 2.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,334,498 shares of the company's stock after selling 34,950 shares during the quarter. Massachusetts Financial Services Co. MA owned 2.10% of Ingredion worth $147,142,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. WPG Advisers LLC raised its stake in Ingredion by 100.8% during the 3rd quarter. WPG Advisers LLC now owns 245 shares of the company's stock worth $30,000 after buying an additional 123 shares during the period. Root Financial Partners LLC acquired a new stake in Ingredion during the 3rd quarter worth $36,000. Capital Advisors Ltd. LLC raised its stake in Ingredion by 40.5% during the 4th quarter. Capital Advisors Ltd. LLC now owns 354 shares of the company's stock worth $39,000 after buying an additional 102 shares during the period. Caitong International Asset Management Co. Ltd raised its stake in Ingredion by 166.4% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 381 shares of the company's stock worth $47,000 after buying an additional 238 shares during the period. Finally, SJS Investment Consulting Inc. raised its stake in Ingredion by 4,000.0% during the 3rd quarter. SJS Investment Consulting Inc. now owns 410 shares of the company's stock worth $50,000 after buying an additional 400 shares during the period. Institutional investors and hedge funds own 85.27% of the company's stock.

Ingredion Stock Performance

INGR opened at $114.78 on Monday. The business's 50-day moving average price is $114.77 and its two-hundred day moving average price is $113.92. Ingredion Incorporated has a 1 year low of $102.31 and a 1 year high of $141.78. The company has a market capitalization of $7.24 billion, a price-to-earnings ratio of 10.28, a P/E/G ratio of 0.90 and a beta of 0.70. The company has a debt-to-equity ratio of 0.41, a current ratio of 2.66 and a quick ratio of 1.73.

Ingredion (NYSE:INGR - Get Free Report) last released its quarterly earnings results on Tuesday, February 3rd. The company reported $2.53 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.59 by ($0.06). Ingredion had a net margin of 10.10% and a return on equity of 17.32%. The firm had revenue of $1.76 billion during the quarter, compared to analyst estimates of $1.78 billion. During the same period in the prior year, the business earned $2.63 EPS. The business's revenue for the quarter was down 2.4% compared to the same quarter last year. Ingredion has set its FY 2026 guidance at 11.000-11.8 EPS. Equities analysts expect that Ingredion Incorporated will post 11.14 EPS for the current fiscal year.

Ingredion Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 21st. Shareholders of record on Wednesday, April 1st will be paid a $0.82 dividend. The ex-dividend date of this dividend is Wednesday, April 1st. This represents a $3.28 annualized dividend and a dividend yield of 2.9%. Ingredion's dividend payout ratio (DPR) is currently 29.39%.

Wall Street Analyst Weigh In

Several analysts recently commented on the company. BMO Capital Markets reaffirmed a "market perform" rating on shares of Ingredion in a research note on Wednesday, February 4th. Zacks Research raised Ingredion from a "strong sell" rating to a "hold" rating in a research note on Monday, December 22nd. Benchmark assumed coverage on Ingredion in a research note on Tuesday, March 17th. They set a "buy" rating and a $130.00 price objective on the stock. Barclays raised their price objective on Ingredion from $124.00 to $128.00 and gave the stock an "equal weight" rating in a research note on Wednesday, February 4th. Finally, UBS Group dropped their price target on Ingredion from $124.00 to $122.00 and set a "neutral" rating on the stock in a research note on Thursday. Two investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat, Ingredion has a consensus rating of "Hold" and an average price target of $126.14.

Insider Buying and Selling at Ingredion

In other Ingredion news, CEO James P. Zallie sold 9,958 shares of Ingredion stock in a transaction dated 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 sale, the chief executive officer 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 through the SEC website. Also, VP Davida Marie Gable sold 375 shares of Ingredion stock in a transaction dated Wednesday, March 18th. The shares were sold at an average price of $112.44, for a total value of $42,165.00. Following the completion of the sale, the vice president directly owned 7,110 shares in the company, valued at approximately $799,448.40. This represents a 5.01% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 48,686 shares of company stock valued at $5,784,010 in the last 90 days. 1.80% of the stock is currently owned by company insiders.

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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