Ingredion (NYSE:INGR) Hits New 12-Month Low Following Weak Earnings

Key Points

• Ingredion shares fell to a new 52-week low after reporting quarterly EPS of $2.34 versus estimates of $2.44 and revenue of $1.79B (down 1.2% YoY), while the company set FY2026 guidance at 10.45–11.15 EPS.
• The firm pays a $0.82 quarterly dividend (annualized $3.28, 3.1% yield, 29.4% payout ratio); analysts have a consensus "Hold" on the stock with a $124.71 target, and the company trades at a P/E of 9.36 with a market cap around $6.6B.

Ingredion Incorporated (NYSE:INGR - Get Free Report) shares hit a new 52-week low during trading on Tuesday after the company announced weaker than expected quarterly earnings. The company traded as low as $100.71 and last traded at $103.9890, with a volume of 591711 shares. The stock had previously closed at $106.88.

The company reported $2.34 earnings per share for the quarter, missing analysts' consensus estimates of $2.44 by ($0.10). Ingredion had a return on equity of 17.32% and a net margin of 10.10%.The company had revenue of $1.79 billion for the quarter, compared to analyst estimates of $1.79 billion. During the same quarter in the previous year, the company posted $2.97 earnings per share. The firm's revenue for the quarter was down 1.2% compared to the same quarter last year. Ingredion has set its FY 2026 guidance at 10.450-11.150 EPS.

Ingredion Announces Dividend

The firm also recently disclosed 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 payout ratio is currently 29.39%.

Wall Street Analyst Weigh In

INGR has been the topic of several recent analyst reports. Weiss Ratings reissued a "hold (c)" rating on shares of Ingredion in a report on Friday, March 27th. Jefferies Financial Group reissued a "hold" rating on shares of Ingredion in a report on Wednesday, February 4th. Wall Street Zen downgraded Ingredion from a "buy" rating to a "hold" rating in a report on Saturday, January 31st. Benchmark started coverage on Ingredion in a report on Tuesday, March 17th. They set a "buy" rating and a $130.00 price objective on the stock. Finally, Oppenheimer lowered their price objective on shares of Ingredion from $130.00 to $126.00 and set an "outperform" rating for the company in a research report on Wednesday, April 22nd. Two analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $124.71.

Insider Activity at Ingredion

In other Ingredion news, SVP Larry Fernandes sold 3,630 shares of the firm's stock in a transaction that occurred on Wednesday, February 11th. The shares were sold at an average price of $118.40, for a total value of $429,792.00. Following the sale, the senior vice president owned 32,055 shares in the company, valued at $3,795,312. This trade represents a 10.17% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, VP Davida Marie Gable sold 375 shares of the firm's stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $112.44, for a total transaction of $42,165.00. Following the completion of the sale, the vice president owned 7,110 shares in the company, valued at $799,448.40. This represents a 5.01% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 48,686 shares of company stock valued at $5,784,010 over the last three months. 1.60% of the stock is owned by insiders.

Hedge Funds Weigh In On Ingredion

A number of hedge funds have recently modified their holdings of the business. Signet Financial Management LLC lifted its holdings in shares of Ingredion by 14.3% during the first quarter. Signet Financial Management LLC now owns 3,905 shares of the company's stock worth $440,000 after purchasing an additional 490 shares during the period. Sanctuary Advisors LLC lifted its holdings in shares of Ingredion by 3.7% during the first quarter. Sanctuary Advisors LLC now owns 15,837 shares of the company's stock worth $1,784,000 after purchasing an additional 562 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its holdings in shares of Ingredion by 69.3% during the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 7,486 shares of the company's stock worth $843,000 after purchasing an additional 3,064 shares during the period. State of Michigan Retirement System lifted its holdings in shares of Ingredion by 1.3% during the first quarter. State of Michigan Retirement System now owns 15,188 shares of the company's stock worth $1,711,000 after purchasing an additional 200 shares during the period. Finally, Chicago Partners Investment Group LLC lifted its holdings in shares of Ingredion by 44.7% during the first quarter. Chicago Partners Investment Group LLC now owns 10,730 shares of the company's stock worth $1,208,000 after purchasing an additional 3,313 shares during the period. Institutional investors and hedge funds own 85.27% of the company's stock.

Ingredion Trading Down 1.8%

The company has a market cap of $6.62 billion, a price-to-earnings ratio of 9.36, a price-to-earnings-growth ratio of 0.88 and a beta of 0.64. The business's fifty day moving average price is $113.29 and its 200 day moving average price is $113.17. 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 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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