Ingredion Incorporated $INGR Shares Sold by Fuller & Thaler Asset Management Inc.

Fuller & Thaler Asset Management Inc. lowered its stake in shares of Ingredion Incorporated (NYSE:INGR) by 83.7% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 58,975 shares of the company’s stock after selling 302,178 shares during the quarter. Fuller & Thaler Asset Management Inc. owned approximately 0.09% of Ingredion worth $7,974,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Alpine Bank Wealth Management bought a new position in Ingredion during the 1st quarter valued at $26,000. Bank Julius Baer & Co. Ltd Zurich acquired a new stake in shares of Ingredion in the 1st quarter valued at about $32,000. Ameriflex Group Inc. acquired a new stake in shares of Ingredion in the 4th quarter valued at about $33,000. Migdal Insurance & Financial Holdings Ltd. lifted its position in shares of Ingredion by 40.2% during the first quarter. Migdal Insurance & Financial Holdings Ltd. now owns 279 shares of the company’s stock worth $38,000 after purchasing an additional 80 shares during the last quarter. Finally, Costello Asset Management INC acquired a new position in Ingredion in the first quarter worth about $41,000. Institutional investors own 85.27% of the company’s stock.

Insider Transactions at Ingredion

In related news, SVP Larry Fernandes sold 850 shares of Ingredion stock in a transaction dated Monday, August 4th. The shares were sold at an average price of $128.39, for a total value of $109,131.50. Following the sale, the senior vice president directly owned 31,171 shares in the company, valued at $4,002,044.69. This trade represents a 2.65% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO James P. Zallie sold 36,287 shares of the business’s stock in a transaction dated Tuesday, August 12th. The shares were sold at an average price of $126.52, for a total transaction of $4,591,031.24. Following the transaction, the chief executive officer directly owned 50,129 shares of the company’s stock, valued at $6,342,321.08. The trade was a 41.99% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 37,137 shares of company stock worth $4,700,163. Corporate insiders own 2.30% of the company’s stock.

Ingredion Stock Up 0.5%

Shares of Ingredion stock opened at $126.6610 on Thursday. The stock has a market capitalization of $8.13 billion, a price-to-earnings ratio of 12.36, a PEG ratio of 1.01 and a beta of 0.71. Ingredion Incorporated has a twelve month low of $120.51 and a twelve month high of $155.44. The company has a current ratio of 2.78, a quick ratio of 1.81 and a debt-to-equity ratio of 0.41. The business’s 50 day simple moving average is $133.00 and its 200-day simple moving average is $132.73.

Ingredion (NYSE:INGR) last issued its quarterly earnings data on Friday, August 1st. The company reported $2.87 EPS for the quarter, topping analysts’ consensus estimates of $2.78 by $0.09. The firm had revenue of $1.83 billion during the quarter, compared to the consensus estimate of $1.89 billion. Ingredion had a return on equity of 19.04% and a net margin of 9.24%.The firm’s revenue was down 2.4% on a year-over-year basis. During the same period in the prior year, the business earned $2.87 EPS. Ingredion has set its FY 2025 guidance at 11.100-11.600 EPS. Equities research analysts forecast that Ingredion Incorporated will post 11.14 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on INGR. Wall Street Zen cut Ingredion from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 9th. UBS Group lifted their price objective on shares of Ingredion from $149.00 to $151.00 and gave the stock a “neutral” rating in a report on Wednesday, July 9th. Two investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $151.40.

Ingredion Profile

Ingredion Incorporated, together with its subsidiaries, manufactures and sells sweeteners, starches, nutrition ingredients, and biomaterial solutions derived from wet milling and processing corn, and other starch-based materials to a range of industries in North America, South America, the Asia Pacific, Europe, the Middle East, and Africa.