Several hedge funds have adjusted their investments in International Flavors & Fragrances (NYSE:IFF). Riverview Trust Co invested $27,000, while Quent Capital LLC increased their stake by 183.2%, now holding shares worth $32,000. Family Firm Inc. bought in at around $38,000, and Fidelis Capital Partners LLC invested about $44,000. Larson Financial Group LLC raised their holding significantly by 5,050%, bringing their total to 515 shares valued at $44,000. Overall, 96.02% of the stock is owned by hedge funds and institutional investors.
International Flavors & Fragrances Stock Performance
The stock opened at $102.05 on Thursday, showing a 0.4% decrease. Key financial ratios include a debt-to-equity ratio of 0.60 and a market cap of $26.06 billion. The stock has a 1-year low of $63.21 and a high of $105.96, with a P/E ratio of -10.45.
International Flavors & Fragrances reported quarterly earnings of $1.16 per share, exceeding expectations. Revenue was $2.89 billion but declined 1.4% year over year. Analysts project an EPS of 4.23 for the current year.
Recent Dividend Announcement
The company recently announced a quarterly dividend of $0.40 per share, paid on October 9th. This equates to an annual dividend of $1.60 and a yield of 1.57%, though the payout ratio is currently -16.38%.
Analysts’ Price Targets
Analysts have adjusted price targets for IFF: Citigroup raised theirs to $116, Oppenheimer to $117, and Wells Fargo to $115. MarketBeat reports a consensus rating of “Hold” and a price target of $103.87, with one sell rating, seven hold ratings, and nine buy ratings.
About International Flavors & Fragrances
International Flavors & Fragrances Inc. produces active cosmetic and health ingredients for consumer products worldwide, operating in Nourish, Health & Biosciences, Scent, and Pharma Solutions.
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