International Flavors & Fragrances Inc. $IFF Shares Bought by Coldstream Capital Management Inc.

Coldstream Capital Management Inc. raised its holdings in International Flavors & Fragrances Inc. (NYSE:IFF) by 25.6% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,880 shares of the specialty chemicals company’s stock after buying an additional 790 shares during the period. Coldstream Capital Management Inc.’s holdings in International Flavors & Fragrances were worth $285,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. LPL Financial LLC grew its stake in International Flavors & Fragrances by 30.4% during the 1st quarter. LPL Financial LLC now owns 47,711 shares of the specialty chemicals company’s stock worth $3,703,000 after purchasing an additional 11,129 shares in the last quarter. Mackenzie Financial Corp boosted its stake in shares of International Flavors & Fragrances by 11.8% in the 1st quarter. Mackenzie Financial Corp now owns 25,529 shares of the specialty chemicals company’s stock valued at $1,981,000 after buying an additional 2,689 shares during the period. GSA Capital Partners LLP acquired a new position in shares of International Flavors & Fragrances during the first quarter worth about $552,000. XTX Topco Ltd increased its stake in shares of International Flavors & Fragrances by 519.5% during the first quarter. XTX Topco Ltd now owns 15,282 shares of the specialty chemicals company’s stock worth $1,186,000 after buying an additional 12,815 shares during the period. Finally, Natixis Advisors LLC lifted its stake in International Flavors & Fragrances by 14.4% in the first quarter. Natixis Advisors LLC now owns 207,488 shares of the specialty chemicals company’s stock worth $16,103,000 after acquiring an additional 26,184 shares during the last quarter. 96.02% of the stock is currently owned by institutional investors and hedge funds.

International Flavors & Fragrances Stock Down 0.4%

IFF opened at $69.48 on Friday. International Flavors & Fragrances Inc. has a one year low of $59.14 and a one year high of $91.48. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.12 and a current ratio of 1.86. The stock has a market capitalization of $17.79 billion, a P/E ratio of -44.83, a price-to-earnings-growth ratio of 2.54 and a beta of 1.04. The business’s 50-day simple moving average is $63.77 and its 200-day simple moving average is $69.11.

International Flavors & Fragrances (NYSE:IFF) last released its quarterly earnings results on Tuesday, November 4th. The specialty chemicals company reported $1.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.02 by $0.03. International Flavors & Fragrances had a positive return on equity of 7.95% and a negative net margin of 3.48%.The firm had revenue of $2.69 billion for the quarter, compared to the consensus estimate of $2.65 billion. During the same quarter last year, the business posted $1.04 EPS. The firm’s quarterly revenue was down 7.9% compared to the same quarter last year. International Flavors & Fragrances has set its FY 2025 guidance at EPS. Analysts anticipate that International Flavors & Fragrances Inc. will post 4.32 EPS for the current year.

International Flavors & Fragrances Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 9th. Investors of record on Friday, December 19th will be given a $0.40 dividend. The ex-dividend date is Friday, December 19th. This represents a $1.60 annualized dividend and a yield of 2.3%. International Flavors & Fragrances’s dividend payout ratio is -98.77%.

Analyst Ratings Changes

A number of equities research analysts have commented on IFF shares. Oppenheimer downgraded shares of International Flavors & Fragrances from an “outperform” rating to a “market perform” rating in a research report on Thursday, August 7th. Wolfe Research raised International Flavors & Fragrances from an “underperform” rating to a “peer perform” rating in a report on Monday, September 8th. Bank of America decreased their price target on International Flavors & Fragrances from $84.00 to $80.00 and set a “buy” rating for the company in a report on Tuesday, October 14th. BNP Paribas dropped their price objective on International Flavors & Fragrances from $92.00 to $91.00 in a report on Monday, September 29th. Finally, Tigress Financial restated a “buy” rating and set a $105.00 target price on shares of International Flavors & Fragrances in a research note on Tuesday, August 26th. Twelve equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, International Flavors & Fragrances presently has a consensus rating of “Moderate Buy” and a consensus target price of $85.02.

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.