Research Analysts Issue Forecasts for IFF FY2026 Earnings

International Flavors & Fragrances Inc. (NYSE:IFF - Free Report) - Analysts at Zacks Research increased their FY2026 earnings per share estimates for International Flavors & Fragrances in a research report issued to clients and investors on Monday, July 7th. Zacks Research analyst R. Department now expects that the specialty chemicals company will post earnings per share of $4.25 for the year, up from their previous estimate of $4.24. 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 $4.70 EPS.

International Flavors & Fragrances (NYSE:IFF - Get Free Report) last announced its quarterly earnings data on Tuesday, May 6th. The specialty chemicals company reported $1.20 earnings per share for the quarter, beating analysts' consensus estimates of $1.12 by $0.08. International Flavors & Fragrances had a positive return on equity of 7.99% and a negative net margin of 7.31%. The company had revenue of $2.84 billion for the quarter, compared to analyst estimates of $2.83 billion. During the same quarter in the previous year, the company earned $1.13 EPS. The firm's revenue for the quarter was down 1.9% compared to the same quarter last year.

Several other research analysts also recently weighed in on the company. UBS Group boosted their price target on International Flavors & Fragrances from $82.00 to $83.00 and gave the company a "neutral" rating in a report on Wednesday, May 7th. Oppenheimer cut their price target on International Flavors & Fragrances from $104.00 to $89.00 and set an "outperform" rating for the company in a report on Tuesday, April 22nd. Robert W. Baird dropped their price objective on International Flavors & Fragrances from $110.00 to $100.00 and set an "outperform" rating for the company in a report on Thursday, May 8th. Wells Fargo & Company dropped their price objective on International Flavors & Fragrances from $105.00 to $90.00 and set an "overweight" rating for the company in a report on Wednesday, April 9th. Finally, Citigroup upped their price objective on International Flavors & Fragrances from $84.00 to $90.00 and gave the stock a "buy" rating in a report on Thursday, May 8th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and thirteen have issued a buy rating to the company's stock. According to data from MarketBeat.com, International Flavors & Fragrances presently has a consensus rating of "Moderate Buy" and a consensus price target of $93.43.

International Flavors & Fragrances Price Performance

Shares of IFF stock traded up $0.41 during midday trading on Wednesday, reaching $76.59. 1,224,708 shares of the company traded hands, compared to its average volume of 1,532,130. The firm's 50 day simple moving average is $76.18 and its two-hundred day simple moving average is $79.04. International Flavors & Fragrances has a 1-year low of $65.85 and a 1-year high of $106.77. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.87 and a quick ratio of 1.39. The firm has a market cap of $19.59 billion, a PE ratio of -23.42, a price-to-earnings-growth ratio of 3.33 and a beta of 1.04.

International Flavors & Fragrances Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 11th. Investors of record on Friday, June 20th will be issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 2.09%. The ex-dividend date is Friday, June 20th. International Flavors & Fragrances's payout ratio is -48.93%.

Insider Activity

In other news, Director Mehmood Khan acquired 4,000 shares of the firm's stock in a transaction that occurred on Thursday, May 15th. The stock was purchased at an average price of $75.33 per share, with a total value of $301,320.00. Following the purchase, the director owned 4,604 shares of the company's stock, valued at approximately $346,819.32. This trade represents a 662.25% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Kevin O'byrne acquired 4,500 shares of the firm's stock in a transaction that occurred on Thursday, May 22nd. The stock was purchased at an average cost of $76.05 per share, with a total value of $342,225.00. Following the purchase, the director directly owned 7,696 shares in the company, valued at approximately $585,280.80. This trade represents a 140.80% 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 ninety days. 0.17% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Jones Financial Companies Lllp grew its stake in International Flavors & Fragrances by 30.7% in the 4th quarter. Jones Financial Companies Lllp now owns 3,437 shares of the specialty chemicals company's stock valued at $291,000 after buying an additional 808 shares during the last quarter. SBI Securities Co. Ltd. acquired a new position in International Flavors & Fragrances in the 4th quarter valued at $32,000. Victory Capital Management Inc. grew its stake in International Flavors & Fragrances by 3.0% in the 4th quarter. Victory Capital Management Inc. now owns 116,419 shares of the specialty chemicals company's stock valued at $9,843,000 after buying an additional 3,400 shares during the last quarter. Assetmark Inc. grew its stake in International Flavors & Fragrances by 13.3% in the 4th quarter. Assetmark Inc. now owns 13,414 shares of the specialty chemicals company's stock valued at $1,134,000 after buying an additional 1,575 shares during the last quarter. Finally, Proficio Capital Partners LLC acquired a new position in International Flavors & Fragrances in the 4th quarter valued at $8,099,000. 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.