Rep. Jefferson Shreve Sells Off Shares of International Flavors & Fragrances Inc. (NYSE:IFF)

Representative Jefferson Shreve (R-Indiana) recently sold shares of International Flavors & Fragrances Inc. NYSE: IFF. In a filing disclosed on May 08th, the Representative disclosed that they had sold between $15,001 and $50,000 in International Flavors & Fragrances stock on April 7th. The trade occurred in the Representative's "CRT - STANDARD UNIT TRUST" account.

Representative Jefferson Shreve also recently made the following trade(s):

• Purchased $50,001 - $100,000 in shares of Chipotle Mexican Grill NYSE: CMG on 4/17/2025.
• Purchased $50,001 - $100,000 in shares of Applied Materials NASDAQ: AMAT on 4/17/2025.
• Purchased $15,001 - $50,000 in shares of Caterpillar NYSE: CAT on 4/17/2025.
• Sold $15,001 - $50,000 in shares of Lululemon Athletica NASDAQ: LULU on 4/17/2025.
• Purchased $15,001 - $50,000 in shares of Western Digital NASDAQ: WDC on 4/17/2025.
• Sold $15,001 - $50,000 in shares of Zoetis NYSE: ZTS on 4/17/2025.
• Purchased $15,001 - $50,000 in shares of Stryker NYSE: SYK on 4/17/2025.
• Purchased $15,001 - $50,000 in shares of NextEra Energy NYSE: NEE on 4/17/2025.
• Purchased $15,001 - $50,000 in shares of CSX NASDAQ: CSX on 4/17/2025.
• Purchased $15,001 - $50,000 in shares of Ross Stores NASDAQ: ROST on 4/17/2025.

International Flavors & Fragrances Stock Performance

IFF traded down $0.62 during midday trading on Friday, hitting $73.46. 1,850,232 shares of the company traded hands, compared to its average volume of 1,519,977. The company's 50-day moving average is $76.39 and its 200 day moving average is $83.69. The company has a quick ratio of 1.93, a current ratio of 1.84 and a debt-to-equity ratio of 0.54. The firm has a market capitalization of $18.79 billion, a PE ratio of 78.15, a price-to-earnings-growth ratio of 1.45 and a beta of 1.08. International Flavors & Fragrances Inc. has a 52 week low of $65.85 and a 52 week high of $106.77.

International Flavors & Fragrances (NYSE:IFF - Get Free Report) last issued its earnings results on Tuesday, May 6th. The specialty chemicals company reported $1.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.12 by $0.08. The company had revenue of $2.84 billion for the quarter, compared to analysts' expectations of $2.83 billion. International Flavors & Fragrances had a net margin of 2.12% and a return on equity of 7.72%. The firm's quarterly revenue was down 1.9% on a year-over-year basis. During the same quarter last year, the company posted $1.13 earnings per share. On average, research analysts expect that International Flavors & Fragrances Inc. will post 4.32 EPS for the current year.

International Flavors & Fragrances Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 11th. Shareholders of record on Friday, June 20th will be given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 2.18%. The ex-dividend date is Friday, June 20th. International Flavors & Fragrances's dividend payout ratio (DPR) is -48.93%.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on IFF shares. JPMorgan Chase & Co. dropped their target price on International Flavors & Fragrances from $107.00 to $104.00 and set an "overweight" rating on the stock in a research report on Thursday, February 20th. Stifel Nicolaus cut their target price on shares of International Flavors & Fragrances from $105.00 to $91.00 and set a "buy" rating for the company in a research report on Thursday, April 10th. Citigroup increased their price target on shares of International Flavors & Fragrances from $84.00 to $90.00 and gave the stock a "buy" rating in a research report on Thursday. Morgan Stanley cut their price objective on shares of International Flavors & Fragrances from $106.00 to $100.00 and set an "overweight" rating for the company in a research report on Thursday, April 10th. Finally, Cfra cut International Flavors & Fragrances from a "buy" rating to a "sell" rating and set a $77.00 target price on the stock. in a report on Thursday, February 20th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and twelve have given a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $92.69.

Institutional Investors Weigh In On International Flavors & Fragrances

Institutional investors have recently added to or reduced their stakes in the stock. Tidal Investments LLC grew its stake in International Flavors & Fragrances by 9.3% during the third quarter. Tidal Investments LLC now owns 8,809 shares of the specialty chemicals company's stock valued at $924,000 after acquiring an additional 750 shares in the last quarter. Principal Financial Group Inc. increased its holdings in shares of International Flavors & Fragrances by 2.1% in the third quarter. Principal Financial Group Inc. now owns 470,676 shares of the specialty chemicals company's stock worth $49,388,000 after purchasing an additional 9,555 shares during the last quarter. First Hawaiian Bank boosted its stake in International Flavors & Fragrances by 13.3% during the fourth quarter. First Hawaiian Bank now owns 27,330 shares of the specialty chemicals company's stock valued at $2,311,000 after buying an additional 3,202 shares during the last quarter. Czech National Bank grew its holdings in International Flavors & Fragrances by 6.4% during the 4th quarter. Czech National Bank now owns 55,437 shares of the specialty chemicals company's stock valued at $4,687,000 after buying an additional 3,357 shares in the last quarter. Finally, Wedmont Private Capital increased its stake in International Flavors & Fragrances by 43.4% in the 4th quarter. Wedmont Private Capital now owns 3,414 shares of the specialty chemicals company's stock worth $278,000 after acquiring an additional 1,033 shares during the last quarter. 96.02% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at International Flavors & Fragrances

In other International Flavors & Fragrances news, Director Kevin O'byrne bought 6,500 shares of the firm's stock in a transaction dated Wednesday, March 5th. The shares were purchased at an average cost of $80.44 per share, for a total transaction of $522,860.00. Following the transaction, the director now owns 6,500 shares of the company's stock, valued at $522,860. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO J Erik Fyrwald purchased 700 shares of the company's stock in a transaction that occurred on Thursday, May 8th. The stock was bought at an average price of $74.00 per share, with a total value of $51,800.00. Following the transaction, the chief executive officer now owns 37,770 shares of the company's stock, valued at $2,794,980. This represents a 1.89 % increase in their position. The disclosure for this purchase can be found here. Insiders own 0.20% of the company's stock.

About Representative Shreve

Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana's 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana's 6th Congressional District. He declared candidacy for the 2026 election. Email editor@ballotpedia.org to notify us of updates to this biography. Jefferson Shreve earned a bachelor's degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve's career experience includes working as a real estate executive. Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.

International Flavors & Fragrances Company Profile

International Flavors & Fragrances, Inc engages in the manufacture and supply of flavors and fragrances used in the food, beverage, personal care, and household products industries. It operates through the following segments: Nourish, Health & Biosciences, Scent and Pharma Solutions. The Nourish segment consists of legacy Taste segment combined with N&B's Food & Beverage division and the food protection business of N&B's Health & Biosciences division.

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