International Flavors & Fragrances (NYSE:IFF) Shares Unloaded Rep. Robert Bresnahan, Jr.

Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently sold shares of International Flavors & Fragrances Inc. NYSE: IFF. In a filing disclosed on May 31st, the Representative disclosed that they had sold between $1,001 and $15,000 in International Flavors & Fragrances stock on May 15th. The trade occurred in the Representative's "JP MORGAN BROKERAGE ACCOUNT" account.

Representative Robert Bresnahan, Jr. also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Zimmer Biomet NYSE: ZBH on 5/15/2025.
• Sold $15,001 - $50,000 in shares of Elevance Health NYSE: ELV on 5/15/2025.
• Sold $15,001 - $50,000 in shares of PepsiCo NASDAQ: PEP on 5/15/2025.
• Sold $1,001 - $15,000 in shares of WEC Energy Group NYSE: WEC on 5/15/2025.
• Purchased $15,001 - $50,000 in shares of Advanced Micro Devices NASDAQ: AMD on 5/15/2025.
• Purchased $1,001 - $15,000 in shares of Hershey NYSE: HSY on 5/15/2025.
• Purchased $1,001 - $15,000 in shares of Kraft Heinz NASDAQ: KHC on 5/15/2025.
• Sold $1,001 - $15,000 in shares of Exxon Mobil NYSE: XOM on 5/15/2025.
• Sold $1,001 - $15,000 in shares of Danaher NYSE: DHR on 5/15/2025.
• Purchased $15,001 - $50,000 in shares of Texas Instruments NASDAQ: TXN on 5/15/2025.

International Flavors & Fragrances Price Performance

IFF traded down $0.72 during trading on Thursday, reaching $76.76. 523,456 shares of the stock were exchanged, compared to its average volume of 1,749,670. The business's 50 day moving average price is $75.22 and its two-hundred day moving average price is $81.26. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.84 and a quick ratio of 1.93. The company has a market capitalization of $19.63 billion, a price-to-earnings ratio of 81.65, a P/E/G ratio of 1.45 and a beta of 1.05. International Flavors & Fragrances Inc. has a 1 year low of $65.85 and a 1 year high of $106.77.

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

International Flavors & Fragrances Dividend Announcement

The company 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 dividend of $0.40 per share. The ex-dividend date is Friday, June 20th. This represents a $1.60 dividend on an annualized basis and a yield of 2.08%. International Flavors & Fragrances's payout ratio is -48.93%.

Insider Buying and Selling at International Flavors & Fragrances

In other International Flavors & Fragrances news, CEO J Erik Fyrwald bought 700 shares of the business's stock in a transaction on Thursday, May 8th. The shares were purchased at an average price of $74.00 per share, with a total value of $51,800.00. Following the purchase, the chief executive officer now directly owns 37,770 shares of the company's stock, valued at approximately $2,794,980. The trade was a 1.89% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Also, CAO Beril Yildiz sold 2,400 shares of International Flavors & Fragrances stock in a transaction on Monday, May 19th. The shares were sold at an average price of $77.33, for a total value of $185,592.00. Following the sale, the chief accounting officer now directly owns 3,321 shares in the company, valued at $256,812.93. The trade was a 41.95% decrease in their position. The disclosure for this sale can be found here. Insiders have acquired 22,050 shares of company stock valued at $1,688,512 in the last quarter. Corporate insiders own 0.17% of the company's stock.

Analysts Set New Price Targets

IFF has been the topic of several recent research reports. Bank of America reduced their price objective 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. Stifel Nicolaus reduced their price objective on International Flavors & Fragrances from $105.00 to $91.00 and set a "buy" rating on the stock in a research report on Thursday, April 10th. Oppenheimer reduced their price objective on International Flavors & Fragrances from $104.00 to $89.00 and set an "outperform" rating on the stock in a research report on Tuesday, April 22nd. Robert W. Baird reduced 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. Finally, Tigress Financial assumed coverage on International Flavors & Fragrances in a research report on Wednesday. They set a "buy" rating and a $105.00 target price on the stock. One research analyst has rated the stock with a sell rating, one has given a hold rating and thirteen have issued a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $93.43.

Institutional Trading of International Flavors & Fragrances

Several hedge funds have recently made changes to their positions in the stock. Blue Trust Inc. increased its position in International Flavors & Fragrances by 6.0% in the 4th quarter. Blue Trust Inc. now owns 3,528 shares of the specialty chemicals company's stock valued at $298,000 after acquiring an additional 199 shares during the period. Pacer Advisors Inc. raised its stake in International Flavors & Fragrances by 22.5% during the 4th quarter. Pacer Advisors Inc. now owns 31,157 shares of the specialty chemicals company's stock valued at $2,634,000 after acquiring an additional 5,713 shares in the last quarter. R Squared Ltd bought a new stake in International Flavors & Fragrances during the 4th quarter valued at $111,000. Swedbank AB raised its stake in International Flavors & Fragrances by 1.6% during the 4th quarter. Swedbank AB now owns 178,075 shares of the specialty chemicals company's stock valued at $15,056,000 after acquiring an additional 2,749 shares in the last quarter. Finally, Everett Harris & Co. CA raised its stake in International Flavors & Fragrances by 2.2% during the 4th quarter. Everett Harris & Co. CA now owns 23,205 shares of the specialty chemicals company's stock valued at $1,962,000 after acquiring an additional 500 shares in the last quarter. Institutional investors own 96.02% of the company's stock.

About Representative Bresnahan

Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania's 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania's 8th Congressional District. He declared candidacy for the 2026 election. Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.

About International Flavors & Fragrances

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.