Quantinno Capital Management LP Has $104.86 Million Holdings in Ingredion Incorporated $INGR

Quantinno Capital Management LP lifted its position in Ingredion Incorporated (NYSE:INGR) by 46.9% in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 930,771 shares of the company’s stock after acquiring an additional 297,007 shares during the quarter. Quantinno Capital Management LP’s holdings in Ingredion were worth $104,861,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. First Trust Advisors LP grew its position in Ingredion by 53.1% during the 1st quarter. First Trust Advisors LP now owns 3,054,149 shares of the company’s stock worth $344,080,000 after purchasing an additional 1,059,324 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Ingredion by 22,036.7% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,037,106 shares of the company’s stock valued at $114,351,000 after purchasing an additional 1,032,421 shares in the last quarter. Norges Bank acquired a new stake in shares of Ingredion in the fourth quarter worth $85,310,000. AQR Capital Management LLC boosted its position in shares of Ingredion by 143.1% in the third quarter. AQR Capital Management LLC now owns 1,191,118 shares of the company’s stock worth $144,685,000 after buying an additional 701,063 shares during the period. Finally, Cooke & Bieler LP grew its holdings in shares of Ingredion by 33.6% during the fourth quarter. Cooke & Bieler LP now owns 1,207,153 shares of the company’s stock valued at $133,101,000 after buying an additional 303,807 shares in the last quarter. Institutional investors and hedge funds own 85.27% of the company’s stock.

Ingredion Price Performance

Shares of Ingredion stock opened at $101.59 on Tuesday. The firm has a fifty day simple moving average of $99.98 and a 200-day simple moving average of $108.80. The company has a current ratio of 2.76, a quick ratio of 1.83 and a debt-to-equity ratio of 0.40. Ingredion Incorporated has a 1-year low of $94.44 and a 1-year high of $134.77. The stock has a market capitalization of $6.41 billion, a price-to-earnings ratio of 9.79, a PEG ratio of 0.85 and a beta of 0.62.

Ingredion (NYSE:INGR) last announced its earnings results on Tuesday, May 5th. The company reported $2.34 earnings per share for the quarter, missing the consensus estimate of $2.44 by ($0.10). The business had revenue of $1.79 billion for the quarter, compared to the consensus estimate of $1.79 billion. Ingredion had a net margin of 9.36% and a return on equity of 15.86%. Ingredion’s revenue for the quarter was down 1.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.97 EPS. Ingredion has set its FY 2026 guidance at 10.450-11.150 EPS. On average, sell-side analysts expect that Ingredion Incorporated will post 10.81 earnings per share for the current year.

Ingredion Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 21st. Shareholders of record on Wednesday, July 1st were given a $0.82 dividend. The ex-dividend date was Wednesday, July 1st. This represents a $3.28 dividend on an annualized basis and a dividend yield of 3.2%. Ingredion’s dividend payout ratio (DPR) is currently 31.60%.

Analysts Set New Price Targets

Several research analysts recently weighed in on INGR shares. Benchmark reissued a “buy” rating on shares of Ingredion in a research report on Tuesday, June 9th. Weiss Ratings lowered Ingredion from a “hold (c)” rating to a “hold (c-)” rating in a research report on Wednesday, July 8th. Zacks Research raised Ingredion from a “strong sell” rating to a “hold” rating in a research note on Tuesday, July 14th. UBS Group reiterated a “neutral” rating and issued a $114.00 target price on shares of Ingredion in a report on Thursday, May 7th. Finally, Barclays reduced their price target on shares of Ingredion from $128.00 to $120.00 and set an “equal weight” rating for the company in a research report on Wednesday, May 6th. One equities research analyst has rated the stock with a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $122.43.

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.