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 Trading Up 1.0%
IFF stock traded up $0.72 during trading on Thursday, hitting $75.35. The company had a trading volume of 163,828 shares, compared to its average volume of 1,775,209. The business has a 50-day moving average of $76.02 and a 200-day moving average of $83.13. International Flavors & Fragrances Inc. has a one year low of $65.85 and a one year high of $106.77. The stock has a market cap of $19.27 billion, a PE ratio of 80.16, a PEG ratio of 1.45 and a beta of 1.08. The company has a current ratio of 1.84, a quick ratio of 1.93 and a debt-to-equity ratio of 0.54.
International Flavors & Fragrances (NYSE:IFF - Get Free Report) last announced its earnings results on Tuesday, May 6th. The specialty chemicals company reported $1.20 EPS for the quarter, beating the consensus estimate of $1.12 by $0.08. International Flavors & Fragrances had a return on equity of 7.72% and a net margin of 2.12%. The business had revenue of $2.84 billion for the quarter, compared to analysts' expectations of $2.83 billion. During the same period in the prior year, the business posted $1.13 earnings per share. The firm's revenue was down 1.9% on a year-over-year basis. Research analysts predict that International Flavors & Fragrances Inc. will post 4.32 earnings per share for the current fiscal year.
International Flavors & Fragrances Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Friday, July 11th. Stockholders of record on Friday, June 20th will be issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 2.12%. The ex-dividend date is Friday, June 20th. International Flavors & Fragrances's dividend payout ratio (DPR) is currently -48.93%.
Wall Street Analyst Weigh In
Several brokerages have issued reports on IFF. Citigroup boosted their price target on International Flavors & Fragrances from $84.00 to $90.00 and gave the company a "buy" rating in a research note on Thursday, May 8th. UBS Group upped their target price on International Flavors & Fragrances from $82.00 to $83.00 and gave the stock a "neutral" rating in a research report on Wednesday, May 7th. Robert W. Baird lowered their target price on International Flavors & Fragrances from $110.00 to $100.00 and set an "outperform" rating on the stock in a research report on Thursday, May 8th. Bank of America lowered their target price on International Flavors & Fragrances from $105.00 to $101.00 and set a "buy" rating on the stock in a research report on Thursday, February 20th. Finally, JPMorgan Chase & Co. decreased their price target on International Flavors & Fragrances from $107.00 to $104.00 and set an "overweight" rating for the company in a report on Thursday, February 20th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and twelve have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $92.54.
Read Our Latest Stock Report on International Flavors & Fragrances
Institutional Trading of International Flavors & Fragrances
A number of institutional investors have recently added to or reduced their stakes in the stock. Magnetar Financial LLC purchased a new stake in International Flavors & Fragrances during the 1st quarter worth about $8,259,000. BNP Paribas Financial Markets raised its holdings in shares of International Flavors & Fragrances by 33.9% in the 1st quarter. BNP Paribas Financial Markets now owns 707,059 shares of the specialty chemicals company's stock valued at $54,875,000 after acquiring an additional 178,948 shares in the last quarter. FORA Capital LLC raised its holdings in shares of International Flavors & Fragrances by 526.4% in the 1st quarter. FORA Capital LLC now owns 21,949 shares of the specialty chemicals company's stock valued at $1,703,000 after acquiring an additional 18,445 shares in the last quarter. Comerica Bank raised its holdings in shares of International Flavors & Fragrances by 9.8% in the 1st quarter. Comerica Bank now owns 61,859 shares of the specialty chemicals company's stock valued at $4,801,000 after acquiring an additional 5,518 shares in the last quarter. Finally, Mirova raised its holdings in shares of International Flavors & Fragrances by 6.1% in the 1st quarter. Mirova now owns 81,982 shares of the specialty chemicals company's stock valued at $6,363,000 after acquiring an additional 4,684 shares in the last quarter. Hedge funds and other institutional investors own 96.02% of the company's stock.
Insider Buying and Selling at International Flavors & Fragrances
In other news, CEO J Erik Fyrwald bought 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, for a total transaction of $51,800.00. Following the transaction, the chief executive officer now directly owns 37,770 shares of the company's stock, valued at $2,794,980. This represents a 1.89% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Kevin O'byrne purchased 6,500 shares of the firm's stock in a transaction on Wednesday, March 5th. The shares were acquired at an average cost of $80.44 per share, for a total transaction of $522,860.00. Following the completion of the purchase, the director now directly owns 6,500 shares of the company's stock, valued at approximately $522,860. This represents a ∞ 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
(
Get Free Report)
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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