Royal Bank of Canada Purchases 11,652 Shares of Ingredion Incorporated $INGR

Key Points

• Royal Bank of Canada increased its Ingredion position by 12.1% in the first quarter, acquiring 11,652 additional shares for a total of 108,009 shares worth approximately $12.2 million. 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, up 0.9% year over year. The company reaffirmed fiscal 2026 EPS guidance of $10.30–$10.90.
• Analyst sentiment remains cautious, with one Buy rating and eight Holds, producing an overall “Hold” consensus and an average price target of $121.29. Shares opened at $104.24, while Ingredion maintains a quarterly dividend of $0.82, yielding about 3.1% annually.

Royal Bank of Canada boosted its position in shares of Ingredion Incorporated (NYSE:INGR - Free Report) by 12.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 108,009 shares of the company's stock after acquiring an additional 11,652 shares during the period. Royal Bank of Canada owned 0.17% of Ingredion worth $12,169,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. International Assets Investment Management LLC bought a new position in Ingredion in the 4th quarter valued at $30,000. GHP Investment Advisors Inc. bought a new position in shares of Ingredion in the first quarter worth $33,000. Los Angeles Capital Management LLC purchased a new stake in shares of Ingredion in the fourth quarter worth $36,000. Root Financial Partners LLC raised its position in shares of Ingredion by 83.7% in the first quarter. Root Financial Partners LLC now owns 371 shares of the company's stock worth $42,000 after buying an additional 169 shares in the last quarter. Finally, Ares Financial Consulting LLC bought a new stake in Ingredion during the fourth quarter valued at $46,000. Institutional investors own 85.27% of the company's stock.

Insider Transactions at Ingredion

In other Ingredion news, Director David B. Fischer sold 1,662 shares of the 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 transaction, the director directly owned 19,930 shares in the company, valued at $2,039,038.30. This trade represents a 7.70% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.60% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several research firms recently commented on INGR. Weiss Ratings cut Ingredion from a "hold (c)" rating to a "hold (c-)" rating in a research report on Wednesday, July 8th. Benchmark reiterated a "buy" rating on shares of Ingredion in a research report on Tuesday, June 9th. UBS Group boosted their price objective on Ingredion from $104.00 to $108.00 and gave the stock a "neutral" rating in a report on Wednesday. Zacks Research raised Ingredion from a "strong sell" rating to a "hold" rating in a report on Tuesday, July 14th. Finally, Oppenheimer cut shares of Ingredion from an "outperform" rating to a "market perform" rating in a research report on Monday, June 8th. One equities research analyst has rated the stock with a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average target price of $121.29.

Ingredion Stock Up 1.3%

INGR opened at $104.24 on Friday. The business's fifty day simple moving average is $99.98 and its 200 day simple moving average is $108.10. Ingredion Incorporated has a 52 week low of $94.44 and a 52 week high of $130.48. The company has a quick ratio of 1.83, a current ratio of 2.80 and a debt-to-equity ratio of 0.39. The stock has a market cap of $6.57 billion, a PE ratio of 11.37, a P/E/G ratio of 0.89 and a beta of 0.62.

Ingredion (NYSE:INGR - Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The company reported $2.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.71 by $0.11. Ingredion had a return on equity of 15.40% and a net margin of 8.21%.The firm had revenue of $1.85 billion during the quarter, compared to analyst estimates of $1.83 billion. During the same quarter in the previous year, the company posted $2.87 earnings per share. The company's revenue was up .9% compared to the same quarter last year. Ingredion has set its FY 2026 guidance at 10.300-10.900 EPS. As a group, research analysts expect that Ingredion Incorporated will post 10.6 earnings per share for the current fiscal year.

Ingredion Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, July 21st. Shareholders of record on Wednesday, July 1st were paid a $0.82 dividend. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a $3.28 annualized dividend and a yield of 3.1%. Ingredion's dividend payout ratio is currently 35.77%.

About Ingredion

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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