Ingredion Incorporated (NYSE:INGR) Receives Consensus Rating of “Hold” from Analysts

Ingredion Incorporated (NYSE:INGR) has received an average recommendation of “Hold” from the nine analysts that are covering the stock, Marketbeat Ratings reports. Seven equities research analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $126.4286.

Several analysts have recently issued reports on INGR shares. Weiss Ratings reiterated a “hold (c)” rating on shares of Ingredion in a research report on Monday, December 29th. UBS Group upped their target price on Ingredion from $119.00 to $124.00 and gave the company a “neutral” rating in a report on Thursday, February 5th. Jefferies Financial Group reaffirmed a “hold” rating on shares of Ingredion in a research report on Wednesday, February 4th. Barclays boosted their price objective on shares of Ingredion from $124.00 to $128.00 and gave the company an “equal weight” rating in a report on Wednesday, February 4th. Finally, Benchmark assumed coverage on Ingredion in a research report on Tuesday. They issued a “buy” rating and a $130.00 target price on the stock.

Ingredion Stock Performance

Shares of NYSE INGR opened at $113.24 on Wednesday. Ingredion has a 1 year low of $102.31 and a 1 year high of $141.78. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.73 and a current ratio of 2.66. The company has a market capitalization of $7.13 billion, a PE ratio of 10.15, a price-to-earnings-growth ratio of 0.88 and a beta of 0.69. The company’s fifty day moving average price is $115.88 and its 200 day moving average price is $115.64.

Ingredion (NYSE:INGR) last announced its quarterly earnings results on Tuesday, February 3rd. The company reported $2.53 earnings per share for the quarter, missing the consensus estimate of $2.59 by ($0.06). The business had revenue of $1.76 billion during the quarter, compared to analysts’ expectations of $1.78 billion. Ingredion had a net margin of 10.10% and a return on equity of 17.32%. Ingredion’s revenue for the quarter was down 2.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.63 EPS. Ingredion has set its FY 2026 guidance at 11.000-11.8 EPS. On average, research analysts predict that Ingredion will post 11.14 earnings per share for the current year.

Insider Buying and Selling

In other news, CEO James P. Zallie sold 9,958 shares of Ingredion stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $116.55, for a total value of $1,160,604.90. Following the completion of the transaction, the chief executive officer owned 33,011 shares in the company, valued at approximately $3,847,432.05. This trade represents a 23.17% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Larry Fernandes sold 1,125 shares of the business’s stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $116.55, for a total transaction of $131,118.75. Following the transaction, the senior vice president owned 30,514 shares of the company’s stock, valued at $3,556,406.70. This trade represents a 3.56% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 48,310 shares of company stock worth $5,741,733. 1.80% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. WPG Advisers LLC boosted its stake in Ingredion by 100.8% in the third quarter. WPG Advisers LLC now owns 245 shares of the company’s stock valued at $30,000 after acquiring an additional 123 shares in the last quarter. International Assets Investment Management LLC purchased a new stake in shares of Ingredion in the fourth quarter valued at about $30,000. Root Financial Partners LLC acquired a new position in Ingredion during the 3rd quarter worth approximately $36,000. Los Angeles Capital Management LLC acquired a new position in Ingredion during the fourth quarter worth $36,000. Finally, Capital Advisors Ltd. LLC grew its stake in shares of Ingredion by 40.5% during the 4th quarter. Capital Advisors Ltd. LLC now owns 354 shares of the company’s stock worth $39,000 after purchasing an additional 102 shares during the period. 85.27% of the stock is owned by institutional investors and hedge funds.

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.