UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Decreases Stock Position in Ingredion Incorporated $INGR

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC decreased its position in Ingredion Incorporated (NYSE:INGR) by 45.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 171,454 shares of the company’s stock after selling 141,710 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.27% of Ingredion worth $16,238,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. BlackRock Inc. purchased a new stake in Ingredion during the 2nd quarter worth $618,834,000. Dimensional Fund Advisors LP grew its stake in shares of Ingredion by 6.0% during the first quarter. Dimensional Fund Advisors LP now owns 3,115,136 shares of the company’s stock valued at $350,952,000 after acquiring an additional 175,600 shares in the last quarter. First Trust Advisors LP increased its position in shares of Ingredion by 53.1% during the first quarter. First Trust Advisors LP now owns 3,054,149 shares of the company’s stock worth $344,080,000 after acquiring an additional 1,059,324 shares during the last quarter. AQR Capital Management LLC increased its position in shares of Ingredion by 53.3% during the fourth quarter. AQR Capital Management LLC now owns 1,826,018 shares of the company’s stock worth $201,337,000 after acquiring an additional 634,900 shares during the last quarter. Finally, Snyder Capital Management L P lifted its stake in shares of Ingredion by 4.4% in the fourth quarter. Snyder Capital Management L P now owns 1,381,775 shares of the company’s stock worth $152,355,000 after acquiring an additional 57,928 shares in the last quarter. Hedge funds and other institutional investors own 85.27% of the company’s stock.

Insider Transactions at Ingredion

In other Ingredion news, Director David Fischer sold 1,662 shares of Ingredion stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $102.31, for a total value of $170,039.22. Following the completion of the transaction, the director owned 19,930 shares of the company’s stock, valued at $2,039,038.30. The trade was a 7.70% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. 1.60% of the stock is owned by company insiders.

Ingredion Stock Down 0.4%

Shares of Ingredion stock opened at $101.30 on Friday. The business has a 50-day moving average price of $101.88 and a 200 day moving average price of $106.26. Ingredion Incorporated has a fifty-two week low of $94.44 and a fifty-two week high of $128.98. The firm has a market cap of $6.39 billion, a P/E ratio of 11.05, a P/E/G ratio of 0.87 and a beta of 0.62. The company has a quick ratio of 1.92, a current ratio of 2.80 and a debt-to-equity ratio of 0.39.

Ingredion (NYSE:INGR) last released its earnings results on Tuesday, August 4th. The company reported $2.82 EPS for the quarter, topping analysts’ consensus estimates of $2.71 by $0.11. Ingredion had a return on equity of 15.40% and a net margin of 8.21%.The company had revenue of $1.85 billion for the quarter, compared to the consensus estimate of $1.83 billion. During the same quarter last year, the business posted $2.87 EPS. Ingredion’s quarterly revenue was up .9% compared to the same quarter last year. Ingredion has set its FY 2026 guidance at 10.300-10.900 EPS. On average, sell-side analysts forecast that Ingredion Incorporated will post 10.76 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on INGR shares. Zacks Research upgraded Ingredion from a “strong sell” rating to a “hold” rating in a research note on Tuesday, July 14th. Weiss Ratings lowered Ingredion from a “hold (c)” rating to a “hold (c-)” rating in a research report on Wednesday, July 8th. Benchmark reiterated a “buy” rating on shares of Ingredion in a research note on Tuesday, June 9th. UBS Group raised their price target on shares of Ingredion from $104.00 to $108.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 5th. Finally, Oppenheimer lowered shares of Ingredion from an “outperform” rating to a “market perform” rating in a research note on Monday, June 8th. One equities research analyst has rated the stock with a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $121.29.

Ingredion Company Profile

Ingredion Incorporated is a global ingredient solutions company specializing in the production and sale of starches, sweeteners, nutrition ingredients and biomaterials derived primarily from corn and other plant-based raw materials. The company serves a diverse set of industries, including food and beverage, brewing, pharmaceuticals and personal care, providing functional ingredients that enhance texture, stability, flavor and nutritional value in a wide array of end products.

The company’s product portfolio comprises native and modified starches, high-fructose corn syrup, dextrose, maltodextrins, specialty sweeteners and various texturizers.