Principal Financial Group Inc. Acquires 11,516 Shares of Ingredion Incorporated $INGR

Key Points

• Principal Financial Group increased its stake in Ingredion by 1.7% in the fourth quarter, buying 11,516 additional shares and bringing its holdings to 707,339 shares valued at about $78 million.
• Ingredion reported Q1 earnings of $2.34 per share, missing estimates of $2.44, while revenue of $1.79 billion matched expectations and was down 1.2% year over year.
• Company insiders have been selling shares, including CEO James P. Zallie and SVP Larry Fernandes, while analysts currently view the stock cautiously with a Hold consensus and an average target price of $122.43.

Principal Financial Group Inc. raised its holdings in Ingredion Incorporated (NYSE:INGR - Free Report) by 1.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 707,339 shares of the company's stock after purchasing an additional 11,516 shares during the quarter. Principal Financial Group Inc. owned 1.11% of Ingredion worth $77,992,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Vista Investment Management grew its position in Ingredion by 0.8% in the second quarter. Vista Investment Management now owns 10,789 shares of the company's stock valued at $1,463,000 after acquiring an additional 89 shares during the last quarter. Teza Capital Management LLC lifted its holdings in shares of Ingredion by 4.2% in the second quarter. Teza Capital Management LLC now owns 2,275 shares of the company's stock worth $309,000 after acquiring an additional 92 shares during the last quarter. Truist Financial Corp boosted its stake in shares of Ingredion by 1.8% in the 3rd quarter. Truist Financial Corp now owns 5,318 shares of the company's stock valued at $649,000 after purchasing an additional 93 shares in the last quarter. True Wealth Design LLC grew its holdings in shares of Ingredion by 22.5% during the 4th quarter. True Wealth Design LLC now owns 544 shares of the company's stock valued at $60,000 after purchasing an additional 100 shares during the last quarter. Finally, Rogco LP grew its holdings in shares of Ingredion by 1.8% during the 4th quarter. Rogco LP now owns 5,651 shares of the company's stock valued at $623,000 after purchasing an additional 100 shares during the last quarter. Institutional investors own 85.27% of the company's stock.

Insider Activity

In other news, CEO James P. Zallie sold 9,958 shares of the firm's stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $116.55, for a total transaction of $1,160,604.90. Following the completion of the transaction, the chief executive officer directly owned 33,011 shares in the company, valued at $3,847,432.05. This trade represents a 23.17% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Larry Fernandes sold 1,125 shares of Ingredion 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 $131,118.75. Following the completion of the transaction, the senior vice president directly owned 30,514 shares in the company, valued at approximately $3,556,406.70. This represents a 3.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 48,686 shares of company stock valued at $5,784,010. Company insiders own 1.60% of the company's stock.

Ingredion Trading Up 1.0%

Shares of NYSE INGR opened at $107.46 on Friday. The firm has a 50 day moving average price of $112.69 and a two-hundred day moving average price of $112.88. The stock has a market cap of $6.78 billion, a P/E ratio of 10.35, a price-to-earnings-growth ratio of 0.86 and a beta of 0.64. Ingredion Incorporated has a 52-week low of $100.71 and a 52-week high of $141.78. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.73 and a current ratio of 2.76.

Ingredion (NYSE:INGR - Get Free Report) last issued its quarterly earnings data on Tuesday, May 5th. The company reported $2.34 earnings per share for the quarter, missing the consensus estimate of $2.44 by ($0.10). The business had revenue of $1.79 billion during the quarter, compared to the consensus estimate of $1.79 billion. Ingredion had a return on equity of 15.86% and a net margin of 9.36%.The business's revenue for the quarter was down 1.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.97 EPS. Ingredion has set its FY 2026 guidance at 10.450-11.150 EPS. As a group, equities analysts forecast that Ingredion Incorporated will post 11.24 EPS for the current year.

Ingredion Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 21st. Stockholders of record on Wednesday, April 1st were paid a $0.82 dividend. The ex-dividend date of this dividend was Wednesday, April 1st. This represents a $3.28 annualized dividend and a dividend yield of 3.1%. Ingredion's dividend payout ratio is presently 31.60%.

Ingredion News Summary

Here are the key news stories impacting Ingredion this week:

• Positive Sentiment: Earnings call emphasized ongoing growth initiatives and management set full‑year FY2026 EPS guidance (10.450–11.150), which gives investors a clearer earnings baseline and supported sentiment. Ingredion Earnings Call Highlights Growth Amid Setbacks
• Positive Sentiment: Industry/product activity: coverage on new texture‑innovation approaches highlights Ingredion’s exposure to demand for specialty ingredients and solutions that can drive longer‑term revenue mix improvement. New approaches to texture innovation
• Neutral Sentiment: Top-line: Q1 sales came in roughly in line with estimates (revenue ~ $1.79B), which reduced the downside surprise from the quarter. Ingredion Posts Q1 CY2026 Sales In Line With Estimates
• Neutral Sentiment: Analyst stance: brokerages’ consensus remains around a “Hold,” suggesting no strong near‑term analyst upgrades to drive momentum. Ingredion Given Average Rating of "Hold" by Brokerages
• Negative Sentiment: Operational pressure: reports highlight supply‑chain and operational challenges that squeezed margins and contributed to an EPS miss (Q1 EPS $2.34 vs. consensus $2.44), a near‑term headwind for sentiment. Operational challenges put strain on Ingredion earnings
• Negative Sentiment: Investor reaction: some market commentary flagged the EPS miss and pushed shares lower after the print, highlighting sensitivity to margins and near‑term execution risk. Why Ingredion’s Stock Is Down 5.12%

Wall Street Analyst Weigh In

Several equities analysts recently commented on INGR shares. Wall Street Zen downgraded shares of Ingredion from a "buy" rating to a "hold" rating in a research note on Saturday, January 31st. BMO Capital Markets reiterated a "market perform" rating on shares of Ingredion in a research note on Wednesday, February 4th. Benchmark assumed coverage on Ingredion in a research report on Tuesday, March 17th. They set a "buy" rating and a $130.00 price objective on the stock. Oppenheimer lowered their target price on Ingredion from $130.00 to $126.00 and set an "outperform" rating for the company in a report on Wednesday, April 22nd. Finally, Stephens reiterated an "equal weight" rating and issued a $120.00 target price on shares of Ingredion in a research report on Wednesday, February 4th. Two investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $122.43.

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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