FY2026 Earnings Forecast for IFF Issued By Zacks Research

International Flavors & Fragrances Inc. (NYSE:IFF - Free Report) - Equities research analysts at Zacks Research boosted their FY2026 earnings estimates for shares of International Flavors & Fragrances in a research note issued on Tuesday, June 10th. Zacks Research analyst R. Department now forecasts that the specialty chemicals company will post earnings per share of $4.24 for the year, up from their prior forecast of $4.23. The consensus estimate for International Flavors & Fragrances' current full-year earnings is $4.32 per share. Zacks Research also issued estimates for International Flavors & Fragrances' FY2027 earnings at $4.69 EPS.

A number of other equities research analysts have also issued reports on the stock. Stifel Nicolaus cut their price target on shares of International Flavors & Fragrances from $105.00 to $91.00 and set a "buy" rating on the stock in a report on Thursday, April 10th. Wells Fargo & Company cut their target price on shares of International Flavors & Fragrances from $105.00 to $90.00 and set an "overweight" rating on the stock in a research note on Wednesday, April 9th. UBS Group lifted their target price on shares of International Flavors & Fragrances from $82.00 to $83.00 and gave the company a "neutral" rating in a research note on Wednesday, May 7th. Robert W. Baird cut their target price on shares of International Flavors & Fragrances from $110.00 to $100.00 and set an "outperform" rating on the stock in a research note on Thursday, May 8th. Finally, Tigress Financial started coverage on shares of International Flavors & Fragrances in a research note on Wednesday, June 4th. They set a "buy" rating and a $105.00 target price on the stock. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and thirteen have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $93.43.

International Flavors & Fragrances Trading Down 3.0%

International Flavors & Fragrances stock traded down $2.32 during trading hours on Thursday, reaching $76.05. The stock had a trading volume of 1,058,307 shares, compared to its average volume of 1,521,536. The stock has a market cap of $19.45 billion, a PE ratio of 80.90, a PEG ratio of 1.45 and a beta of 1.05. International Flavors & Fragrances has a 52 week low of $65.85 and a 52 week high of $106.77. 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 fifty day simple moving average of $75.68 and a 200-day simple moving average of $80.55.

International Flavors & Fragrances (NYSE:IFF - Get Free Report) last announced its quarterly earnings results on Tuesday, May 6th. The specialty chemicals company reported $1.20 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.12 by $0.08. The business had revenue of $2.84 billion for the quarter, compared to analyst estimates of $2.83 billion. International Flavors & Fragrances had a net margin of 2.12% and a return on equity of 7.72%. The company's revenue was down 1.9% on a year-over-year basis. During the same quarter last year, the firm earned $1.13 EPS.

International Flavors & Fragrances Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 11th. Investors of record on Friday, June 20th will be given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 2.10%. The ex-dividend date is Friday, June 20th. International Flavors & Fragrances's dividend payout ratio (DPR) is presently -48.93%.

Insider Activity at International Flavors & Fragrances

In other news, Director Mehmood Khan bought 4,000 shares of the firm's stock in a transaction on Thursday, May 15th. The stock was acquired at an average cost of $75.33 per share, with a total value of $301,320.00. Following the completion of the acquisition, the director now owns 4,604 shares of the company's stock, valued at approximately $346,819.32. This represents a 662.25% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Stephen N. Landsman bought 12,000 shares of the firm's stock in a transaction on Monday, May 19th. The stock was purchased at an average cost of $77.28 per share, with a total value of $927,360.00. Following the completion of the acquisition, the executive vice president now directly owns 12,000 shares of the company's stock, valued at approximately $927,360. The trade was a ∞ increase in their position. The disclosure for this purchase can be found here. Insiders purchased a total of 22,050 shares of company stock valued at $1,688,512 in the last 90 days. Corporate insiders own 0.20% of the company's stock.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Dodge & Cox raised its holdings in International Flavors & Fragrances by 7.4% in the first quarter. Dodge & Cox now owns 33,774,607 shares of the specialty chemicals company's stock worth $2,621,247,000 after buying an additional 2,336,844 shares during the last quarter. Vanguard Group Inc. raised its holdings in shares of International Flavors & Fragrances by 0.6% during the first quarter. Vanguard Group Inc. now owns 30,390,040 shares of the specialty chemicals company's stock valued at $2,358,571,000 after purchasing an additional 171,281 shares during the last quarter. Freemont Capital Pte Ltd purchased a new position in shares of International Flavors & Fragrances during the fourth quarter valued at approximately $2,143,882,000. Geode Capital Management LLC raised its holdings in shares of International Flavors & Fragrances by 2.6% during the fourth quarter. Geode Capital Management LLC now owns 6,166,778 shares of the specialty chemicals company's stock valued at $520,032,000 after purchasing an additional 157,948 shares during the last quarter. Finally, Van ECK Associates Corp raised its holdings in shares of International Flavors & Fragrances by 41.6% during the fourth quarter. Van ECK Associates Corp now owns 5,664,250 shares of the specialty chemicals company's stock valued at $478,912,000 after purchasing an additional 1,663,629 shares during the last quarter. 96.02% of the stock is owned by hedge funds and other institutional investors.

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.