Zacks Research Brokers Reduce Earnings Estimates for IFF

Key Points

• Zacks Research has lowered its Q3 2026 earnings estimate for International Flavors & Fragrances to $1.03 per share, down from a previous estimate of $1.04.
• International Flavors & Fragrances recently reported a Q2 earnings per share of $1.15, exceeding expectations, but experienced a 4.3% year-over-year decline in revenue.
• Several analysts have reduced their price targets for the stock, with an average price target now set at $92.36, indicating a general caution among market experts.

International Flavors & Fragrances Inc. (NYSE:IFF - Free Report) - Investment analysts at Zacks Research cut their Q3 2026 earnings per share (EPS) estimates for shares of International Flavors & Fragrances in a research note issued on Tuesday, September 9th. Zacks Research analyst Team now forecasts that the specialty chemicals company will earn $1.03 per share for the quarter, down from their prior forecast of $1.04. 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' Q1 2027 earnings at $1.23 EPS and FY2027 earnings at $4.73 EPS.

Other research analysts also recently issued research reports about the company. Tigress Financial restated a "buy" rating and issued a $105.00 price objective on shares of International Flavors & Fragrances in a research note on Tuesday, August 26th. Oppenheimer cut International Flavors & Fragrances from an "outperform" rating to a "market perform" rating in a research report on Thursday, August 7th. Wells Fargo & Company dropped their price target on International Flavors & Fragrances from $90.00 to $85.00 and set an "overweight" rating on the stock in a research report on Thursday, August 7th. Wolfe Research raised International Flavors & Fragrances from an "underperform" rating to a "peer perform" rating in a research report on Monday, September 8th. Finally, UBS Group dropped their price target on International Flavors & Fragrances from $83.00 to $79.00 and set a "neutral" rating on the stock in a research report on Wednesday, August 6th. Twelve equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, International Flavors & Fragrances presently has a consensus rating of "Moderate Buy" and a consensus target price of $92.36.

International Flavors & Fragrances Stock Performance

NYSE:IFF traded down $0.67 during trading on Wednesday, reaching $65.68. The company's stock had a trading volume of 1,921,160 shares, compared to its average volume of 1,718,548. The firm has a market cap of $16.83 billion, a price-to-earnings ratio of -42.37, a price-to-earnings-growth ratio of 2.87 and a beta of 1.07. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.12 and a current ratio of 1.86. The firm has a 50 day moving average of $69.71 and a 200-day moving average of $74.15. International Flavors & Fragrances has a 12 month low of $62.33 and a 12 month high of $106.77.

International Flavors & Fragrances (NYSE:IFF - Get Free Report) last announced its quarterly earnings data on Tuesday, August 5th. The specialty chemicals company reported $1.15 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.11 by $0.04. The firm had revenue of $2.76 billion during the quarter, compared to the consensus estimate of $2.69 billion. International Flavors & Fragrances had a positive return on equity of 7.95% and a negative net margin of 3.48%.The business's revenue for the quarter was down 4.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.16 EPS. International Flavors & Fragrances has set its FY 2025 guidance at EPS.

International Flavors & Fragrances Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 10th. Investors of record on Monday, September 29th will be issued a dividend of $0.40 per share. The ex-dividend date of this dividend is Monday, September 29th. This represents a $1.60 dividend on an annualized basis and a yield of 2.4%. International Flavors & Fragrances's dividend payout ratio is -103.23%.

Insider Transactions at International Flavors & Fragrances

In other International Flavors & Fragrances news, CEO J Erik Fyrwald purchased 15,300 shares of the stock in a transaction on Thursday, August 7th. The shares were purchased at an average price of $64.95 per share, with a total value of $993,735.00. Following the acquisition, the chief executive officer directly owned 77,370 shares in the company, valued at approximately $5,025,181.50. The trade was a 24.65% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Paul J. Fribourg purchased 15,450 shares of the stock in a transaction on Thursday, August 7th. The stock was acquired at an average cost of $64.80 per share, for a total transaction of $1,001,160.00. Following the acquisition, the director owned 15,450 shares in the company, valued at approximately $1,001,160. This represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Corporate insiders own 0.20% of the company's stock.

Institutional Trading of International Flavors & Fragrances

Several institutional investors and hedge funds have recently modified their holdings of IFF. First Eagle Investment Management LLC raised its holdings in shares of International Flavors & Fragrances by 122.1% in the 2nd quarter. First Eagle Investment Management LLC now owns 5,441,094 shares of the specialty chemicals company's stock valued at $400,192,000 after acquiring an additional 2,991,405 shares in the last quarter. Ilex Capital Partners UK LLP purchased a new stake in shares of International Flavors & Fragrances in the 2nd quarter valued at about $212,090,000. Ameriprise Financial Inc. increased its position in shares of International Flavors & Fragrances by 1,842.0% during the 2nd quarter. Ameriprise Financial Inc. now owns 2,491,606 shares of the specialty chemicals company's stock valued at $183,264,000 after purchasing an additional 2,363,307 shares during the last quarter. Dodge & Cox increased its position in shares of International Flavors & Fragrances by 7.4% during the 1st quarter. Dodge & Cox now owns 33,774,607 shares of the specialty chemicals company's stock valued at $2,621,247,000 after purchasing an additional 2,336,844 shares during the last quarter. Finally, Norges Bank bought a new position in shares of International Flavors & Fragrances during the 2nd quarter valued at about $152,736,000. Hedge funds and other institutional investors own 96.02% of the company's stock.

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.