Rep. Robert Bresnahan, Jr. Sells International Flavors & Fragrances Inc. (NYSE:IFF) Shares

Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently sold shares of International Flavors & Fragrances Inc. (NYSE:IFF). In a filing disclosed on May 31st, the Representative disclosed that they had sold between $1,001 and $15,000 in International Flavors & Fragrances stock on May 15th. The trade occurred in the Representative’s “JP MORGAN BROKERAGE ACCOUNT” account.

Representative Robert Bresnahan, Jr. also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Zimmer Biomet (NYSE:ZBH) on 5/15/2025.
• Sold $15,001 – $50,000 in shares of Elevance Health (NYSE:ELV) on 5/15/2025.
• Sold $15,001 – $50,000 in shares of PepsiCo (NASDAQ:PEP) on 5/15/2025.
• Sold $1,001 – $15,000 in shares of WEC Energy Group (NYSE:WEC) on 5/15/2025.
• Purchased $15,001 – $50,000 in shares of Advanced Micro Devices (NASDAQ:AMD) on 5/15/2025.
• Purchased $1,001 – $15,000 in shares of Hershey (NYSE:HSY) on 5/15/2025.
• Purchased $1,001 – $15,000 in shares of Kraft Heinz (NASDAQ:KHC) on 5/15/2025.
• Sold $1,001 – $15,000 in shares of Exxon Mobil (NYSE:XOM) on 5/15/2025.
• Sold $1,001 – $15,000 in shares of Danaher (NYSE:DHR) on 5/15/2025.
• Purchased $15,001 – $50,000 in shares of Texas Instruments (NASDAQ:TXN) on 5/15/2025.

International Flavors & Fragrances Stock Performance

International Flavors & Fragrances stock opened at $75.71 on Tuesday. The stock has a 50-day simple moving average of $75.23 and a 200 day simple moving average of $81.32. The stock has a market capitalization of $19.37 billion, a price-to-earnings ratio of 80.54, a P/E/G ratio of 1.45 and a beta of 1.08. The company has a quick ratio of 1.93, a current ratio of 1.84 and a debt-to-equity ratio of 0.54. International Flavors & Fragrances Inc. has a 12-month low of $65.85 and a 12-month high of $106.77.

International Flavors & Fragrances (NYSE:IFF) last posted its quarterly earnings data on Tuesday, May 6th. The specialty chemicals company reported $1.20 earnings per share for the quarter, beating the consensus estimate of $1.12 by $0.08. International Flavors & Fragrances had a net margin of 2.12% and a return on equity of 7.72%. The firm had revenue of $2.84 billion during the quarter, compared to analysts’ expectations of $2.83 billion. During the same quarter last year, the company posted $1.13 EPS. The company’s quarterly revenue was down 1.9% compared to the same quarter last year. On average, research analysts anticipate that International Flavors & Fragrances Inc. will post 4.32 earnings per share for the current fiscal year.

International Flavors & Fragrances Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 11th. Stockholders of record on Friday, June 20th will be issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 2.11%. The ex-dividend date of this dividend is Friday, June 20th. International Flavors & Fragrances’s payout ratio is presently -48.93%.

Institutional Trading of International Flavors & Fragrances

A number of hedge funds have recently modified their holdings of the company. Freemont Capital Pte Ltd bought a new stake in International Flavors & Fragrances in the fourth quarter valued at approximately $2,143,882,000. Norges Bank acquired a new position in shares of International Flavors & Fragrances in the 4th quarter valued at $452,363,000. Dodge & Cox increased its position in shares of International Flavors & Fragrances by 11.9% in the 4th quarter. Dodge & Cox now owns 31,437,763 shares of the specialty chemicals company’s stock valued at $2,658,063,000 after buying an additional 3,355,381 shares in the last quarter. Van ECK Associates Corp raised its stake in International Flavors & Fragrances by 41.6% during the 4th quarter. Van ECK Associates Corp now owns 5,664,250 shares of the specialty chemicals company’s stock worth $478,912,000 after buying an additional 1,663,629 shares during the period. Finally, Nuveen LLC bought a new position in International Flavors & Fragrances during the first quarter worth about $57,324,000. 96.02% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on IFF shares. Stifel Nicolaus reduced their price objective on International Flavors & Fragrances from $105.00 to $91.00 and set a “buy” rating on the stock in a report on Thursday, April 10th. Bank of America cut their price target on International Flavors & Fragrances from $105.00 to $101.00 and set a “buy” rating on the stock in a research note on Thursday, February 20th. JPMorgan Chase & Co. lowered their price objective on International Flavors & Fragrances from $107.00 to $104.00 and set an “overweight” rating for the company in a research report on Thursday, February 20th. Cfra cut International Flavors & Fragrances from a “buy” rating to a “sell” rating and set a $77.00 price objective for the company. in a report on Thursday, February 20th. Finally, UBS Group raised their target price on shares of International Flavors & Fragrances from $82.00 to $83.00 and gave the company a “neutral” rating in a research note on Wednesday, May 7th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and twelve have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $92.54.

Insider Buying and Selling at International Flavors & Fragrances

In other news, EVP Stephen N. Landsman purchased 12,000 shares of International Flavors & Fragrances stock in a transaction on Monday, May 19th. The stock was purchased at an average price of $77.28 per share, with a total value of $927,360.00. Following the transaction, the executive vice president now directly owns 12,000 shares in the company, valued at $927,360. The trade was a ∞ increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Kevin O’byrne acquired 6,500 shares of the stock in a transaction dated Wednesday, March 5th. The stock was acquired at an average price of $80.44 per share, for a total transaction of $522,860.00. Following the completion of the acquisition, the director now directly owns 6,500 shares of the company’s stock, valued at $522,860. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last ninety days, insiders acquired 28,550 shares of company stock valued at $2,211,372. Company insiders own 0.20% of the company’s stock.

About Representative Bresnahan

Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania’s 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania’s 8th Congressional District. He declared candidacy for the 2026 election.

Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.

International Flavors & Fragrances Company Profile

International Flavors & Fragrances, Inc engages in the manufacture and supply of flavors and fragrances used in the food, beverage, personal care, and household products industries. It operates through the following segments: Nourish, Health & Biosciences, Scent and Pharma Solutions. The Nourish segment consists of legacy Taste segment combined with N&B’s Food & Beverage division and the food protection business of N&B’s Health & Biosciences division.