Zacks Research Has Positive Outlook for IFF FY2026 Earnings

International Flavors & Fragrances Inc. (NYSE:IFF - Free Report) - Analysts at Zacks Research upped their FY2026 earnings per share estimates for shares of International Flavors & Fragrances in a research note issued to investors on Tuesday, May 20th. Zacks Research analyst R. Department now anticipates that the specialty chemicals company will post earnings of $4.23 per share for the year, up from their previous estimate of $4.22. 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 $4.67 EPS.

Several other equities research analysts also recently weighed in on IFF. Cfra downgraded shares of International Flavors & Fragrances from a "buy" rating to a "sell" rating and set a $77.00 price target for the company. in a research note on Thursday, February 20th. Morgan Stanley reduced their target price on International Flavors & Fragrances from $100.00 to $98.00 and set an "overweight" rating for the company in a report on Tuesday, May 13th. UBS Group increased 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 report on Wednesday, May 7th. Oppenheimer lowered their target price on International Flavors & Fragrances from $104.00 to $89.00 and set an "outperform" rating on the stock in a research note on Tuesday, April 22nd. Finally, Barclays raised shares of International Flavors & Fragrances from an "equal weight" rating to an "overweight" rating and raised their price objective for the stock from $76.00 to $84.00 in a report on Thursday, May 8th. One analyst has rated the stock with a sell rating, one has issued a hold rating and twelve have given a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $92.54.

International Flavors & Fragrances Stock Down 1.8%

Shares of NYSE IFF opened at $75.66 on Friday. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.93 and a current ratio of 1.84. The company has a market capitalization of $19.35 billion, a P/E ratio of 80.48, a price-to-earnings-growth ratio of 1.45 and a beta of 1.08. The company's 50 day moving average price is $75.64 and its 200-day moving average price is $82.17. International Flavors & Fragrances has a 52-week low of $65.85 and a 52-week high of $106.77.

International Flavors & Fragrances (NYSE:IFF - Get Free Report) last released its earnings results 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. The firm had revenue of $2.84 billion during 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%. The company's revenue was down 1.9% compared to the same quarter last year. During the same period in the prior year, the company posted $1.13 EPS.

International Flavors & Fragrances Announces Dividend

The firm also recently announced 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. The ex-dividend date of this dividend is Friday, June 20th. This represents a $1.60 annualized dividend and a dividend yield of 2.11%. International Flavors & Fragrances's payout ratio is -48.93%.

Insider Buying and Selling

In other news, CEO J Erik Fyrwald bought 700 shares of the company's stock in a transaction dated Thursday, May 8th. The shares were purchased at an average price of $74.00 per share, for a total transaction of $51,800.00. Following the completion of the purchase, the chief executive officer now owns 37,770 shares in the company, valued at approximately $2,794,980. This represents a 1.89% increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Stephen N. Landsman purchased 12,000 shares of the business's stock in a transaction dated Monday, May 19th. The shares were purchased at an average price of $77.28 per share, for a total transaction of $927,360.00. Following the acquisition, the executive vice president now owns 12,000 shares of the company's stock, valued at approximately $927,360. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have purchased 24,050 shares of company stock worth $1,869,147 in the last 90 days. Insiders own 0.20% of the company's stock.

Hedge Funds Weigh In On International Flavors & Fragrances

A number of hedge funds have recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. increased its holdings in shares of International Flavors & Fragrances by 55.7% in the 1st quarter. Geneos Wealth Management Inc. now owns 587 shares of the specialty chemicals company's stock worth $46,000 after purchasing an additional 210 shares in the last quarter. Focus Partners Wealth grew its stake in shares of International Flavors & Fragrances by 25.5% in the first quarter. Focus Partners Wealth now owns 7,527 shares of the specialty chemicals company's stock worth $584,000 after acquiring an additional 1,530 shares during the period. Bayforest Capital Ltd raised its holdings in shares of International Flavors & Fragrances by 121.0% during the first quarter. Bayforest Capital Ltd now owns 4,047 shares of the specialty chemicals company's stock valued at $314,000 after purchasing an additional 2,216 shares during the last quarter. Woodline Partners LP lifted its position in International Flavors & Fragrances by 236.6% during the first quarter. Woodline Partners LP now owns 324,797 shares of the specialty chemicals company's stock valued at $25,207,000 after purchasing an additional 228,313 shares during the period. Finally, Empowered Funds LLC boosted its holdings in International Flavors & Fragrances by 71.5% in the first quarter. Empowered Funds LLC now owns 10,454 shares of the specialty chemicals company's stock worth $811,000 after purchasing an additional 4,358 shares during the last quarter. 96.02% of the stock is currently 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.

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