International Flavors & Fragrances Inc (IFF) Major Shareholder Winder Investment Pte Ltd Purchases 24,780 Shares of Stock

International Flavors & Fragrances Inc (NYSE:IFF) major shareholder Winder Investment Pte Ltd bought 24,780 shares of the business’s stock in a transaction dated Tuesday, April 18th. The shares were bought at an average price of $133.89 per share, with a total value of $3,317,794.20. Following the completion of the transaction, the insider now owns 8,680,433 shares in the company, valued at approximately $1,162,223,174.37. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Large shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

Winder Investment Pte Ltd also recently made the following trade(s):

  • On Thursday, April 20th, Winder Investment Pte Ltd bought 19,053 shares of International Flavors & Fragrances stock. The shares were bought at an average price of $135.63 per share, with a total value of $2,584,158.39.
  • On Wednesday, April 19th, Winder Investment Pte Ltd bought 36,500 shares of International Flavors & Fragrances stock. The shares were bought at an average price of $134.53 per share, with a total value of $4,910,345.00.
  • On Friday, March 17th, Winder Investment Pte Ltd bought 100,000 shares of International Flavors & Fragrances stock. The shares were bought at an average price of $131.03 per share, with a total value of $13,103,000.00.
  • On Thursday, March 16th, Winder Investment Pte Ltd bought 70,000 shares of International Flavors & Fragrances stock. The shares were bought at an average price of $128.38 per share, with a total value of $8,986,600.00.
  • On Wednesday, March 15th, Winder Investment Pte Ltd bought 70,000 shares of International Flavors & Fragrances stock. The shares were bought at an average price of $127.31 per share, with a total value of $8,911,700.00.
  • On Tuesday, March 14th, Winder Investment Pte Ltd bought 70,000 shares of International Flavors & Fragrances stock. The shares were bought at an average price of $126.31 per share, with a total value of $8,841,700.00.
  • On Friday, March 10th, Winder Investment Pte Ltd bought 65,331 shares of International Flavors & Fragrances stock. The shares were bought at an average price of $125.03 per share, with a total value of $8,168,334.93.
  • On Monday, March 13th, Winder Investment Pte Ltd bought 52,682 shares of International Flavors & Fragrances stock. The shares were bought at an average price of $126.19 per share, with a total value of $6,647,941.58.
  • On Thursday, March 9th, Winder Investment Pte Ltd bought 70,000 shares of International Flavors & Fragrances stock. The shares were bought at an average price of $123.65 per share, with a total value of $8,655,500.00.
  • On Wednesday, March 8th, Winder Investment Pte Ltd bought 70,000 shares of International Flavors & Fragrances stock. The shares were bought at an average price of $124.47 per share, with a total value of $8,712,900.00.

Shares of International Flavors & Fragrances Inc (NYSE:IFF) traded up 0.52% during trading on Friday, reaching $136.50. The company’s stock had a trading volume of 150,653 shares. The stock’s 50-day moving average is $130.85 and its 200-day moving average is $124.98. International Flavors & Fragrances Inc has a 12-month low of $113.16 and a 12-month high of $143.64. The stock has a market cap of $10.79 billion, a P/E ratio of 27.03 and a beta of 1.04.



International Flavors & Fragrances (NYSE:IFF) last released its quarterly earnings results on Wednesday, February 15th. The specialty chemicals company reported $1.22 earnings per share for the quarter, beating the consensus estimate of $1.16 by $0.06. The firm had revenue of $762.60 million for the quarter, compared to analysts’ expectations of $753.62 million. International Flavors & Fragrances had a return on equity of 25.92% and a net margin of 12.92%. During the same period in the prior year, the firm earned $1.05 EPS. Equities research analysts anticipate that International Flavors & Fragrances Inc will post $5.81 earnings per share for the current fiscal year.

Insider Buying and Selling by Quarter for International Flavors & Fragrances (NYSE:IFF)

The company also recently declared a quarterly dividend, which was paid on Friday, April 7th. Stockholders of record on Monday, March 27th were issued a dividend of $0.64 per share. The ex-dividend date was Thursday, March 23rd. This represents a $2.56 annualized dividend and a dividend yield of 1.89%. International Flavors & Fragrances’s payout ratio is 51.82%.

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IFF has been the subject of a number of research analyst reports. Zacks Investment Research raised International Flavors & Fragrances from a “sell” rating to a “hold” rating in a report on Tuesday, December 27th. Barclays PLC cut International Flavors & Fragrances from an “equal weight” rating to an “underweight” rating and lowered their price target for the stock from $133.00 to $103.00 in a report on Monday, January 9th. Exane BNP Paribas cut International Flavors & Fragrances from an “outperform” rating to a “neutral” rating and set a $132.00 price target for the company. in a report on Friday, January 6th. BNP Paribas reissued a “neutral” rating and set a $132.00 price target (down previously from $160.00) on shares of International Flavors & Fragrances in a report on Friday, January 6th. Finally, Stifel Nicolaus boosted their price target on International Flavors & Fragrances from $123.00 to $127.00 and gave the stock a “hold” rating in a report on Monday, March 27th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $138.74.

Several institutional investors have recently added to or reduced their stakes in the stock. Van ECK Associates Corp boosted its position in International Flavors & Fragrances by 5.1% in the fourth quarter. Van ECK Associates Corp now owns 1,089 shares of the specialty chemicals company’s stock valued at $128,000 after buying an additional 53 shares during the last quarter. Cohen Capital Management Inc. purchased a new position in International Flavors & Fragrances during the first quarter valued at $172,000. BRYN MAWR TRUST Co purchased a new position in International Flavors & Fragrances during the third quarter valued at $200,000. Nicholas Hoffman & Company LLC. purchased a new position in International Flavors & Fragrances during the third quarter valued at $204,000. Finally, Darrell & King LLC purchased a new position in International Flavors & Fragrances during the third quarter valued at $214,000. 77.76% of the stock is currently owned by hedge funds and other institutional investors.

About International Flavors & Fragrances

International Flavors & Fragrances Inc creates, manufactures and supplies flavors and fragrances (including cosmetic active ingredients) used to impart or improve flavor or fragrance in a range of consumer products. The Company operates in two segments: Flavors and Fragrances. The Flavors segment offers flavor compounds that are sold to the food and beverage industries for use in consumer products, such as prepared foods, beverages, dairy, food and sweet products.

5 Day Chart for NYSE:IFF

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