Ingredion (NYSE:INGR - Get Free Report) updated its FY 2026 earnings guidance on Tuesday. The company provided EPS guidance of 10.450-11.150 for the period, compared to the consensus EPS estimate of 11.340. The company issued revenue guidance of -.
Analyst Ratings Changes
A number of research firms recently commented on INGR. Wall Street Zen downgraded Ingredion from a "buy" rating to a "hold" rating in a report on Saturday, January 31st. Weiss Ratings restated a "hold (c)" rating on shares of Ingredion in a report on Friday, March 27th. Stephens restated an "equal weight" rating and issued a $120.00 price objective on shares of Ingredion in a report on Wednesday, February 4th. Jefferies Financial Group restated a "hold" rating on shares of Ingredion in a report on Wednesday, February 4th. Finally, Oppenheimer lowered their price target on Ingredion from $130.00 to $126.00 and set an "outperform" rating on the stock in a report on Wednesday, April 22nd. Two investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $124.71.
Check Out Our Latest Research Report on Ingredion
Ingredion Trading Down 3.1%
Shares of INGR stock opened at $106.97 on Tuesday. Ingredion has a 12 month low of $102.31 and a 12 month high of $141.78. The company has a quick ratio of 1.73, a current ratio of 2.66 and a debt-to-equity ratio of 0.41. The business's 50 day moving average is $113.29 and its two-hundred day moving average is $113.17. The company has a market cap of $6.74 billion, a PE ratio of 9.59, a price-to-earnings-growth ratio of 0.88 and a beta of 0.64.
Ingredion (NYSE:INGR - Get Free Report) last announced its quarterly earnings results on Tuesday, May 5th. The company reported $2.34 EPS for the quarter, missing the consensus estimate of $2.44 by ($0.10). Ingredion had a net margin of 10.10% and a return on equity of 17.32%. The company had revenue of $1.79 billion for the quarter, compared to analyst estimates of $1.79 billion. Ingredion has set its FY 2026 guidance at 10.450-11.150 EPS. Equities analysts predict that Ingredion will post 11.38 EPS for the current year.
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 given a $0.82 dividend. This represents a $3.28 annualized dividend and a dividend yield of 3.1%. The ex-dividend date of this dividend was Wednesday, April 1st. Ingredion's dividend payout ratio is currently 29.39%.
Insider Activity
In other news, SVP Larry Fernandes sold 1,125 shares of the 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 sale, the senior vice president directly owned 30,514 shares of the company's stock, valued at approximately $3,556,406.70. This represents a 3.56% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Davida Marie Gable sold 375 shares of the stock in a transaction that occurred on 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 of the company's stock, valued at $799,448.40. This represents a 5.01% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 48,686 shares of company stock valued at $5,784,010. 1.60% of the stock is owned by company insiders.
Institutional Investors Weigh In On Ingredion
Several hedge funds have recently modified their holdings of the business. Dimensional Fund Advisors LP boosted its position in shares of Ingredion by 6.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,939,536 shares of the company's stock valued at $324,118,000 after acquiring an additional 177,134 shares during the period. First Trust Advisors LP boosted its stake in Ingredion by 90.9% during the fourth quarter. First Trust Advisors LP now owns 1,994,825 shares of the company's stock worth $219,949,000 after buying an additional 950,006 shares in the last quarter. AQR Capital Management LLC increased its holdings in Ingredion by 53.3% in the 4th quarter. AQR Capital Management LLC now owns 1,826,018 shares of the company's stock valued at $201,337,000 after buying an additional 634,900 shares during the period. Snyder Capital Management L P raised its stake in shares of Ingredion by 4.4% in the 4th quarter. Snyder Capital Management L P now owns 1,381,775 shares of the company's stock valued at $152,355,000 after buying an additional 57,928 shares in the last quarter. Finally, Morgan Stanley raised its stake in shares of Ingredion by 1.5% in the 4th quarter. Morgan Stanley now owns 979,877 shares of the company's stock valued at $108,041,000 after buying an additional 14,539 shares in the last quarter. 85.27% of the stock is owned by institutional investors.
About Ingredion
(
Get Free Report)
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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