Insider Selling: Ingredion (NYSE:INGR) CEO Sells $1,160,604.90 in Stock

Ingredion Incorporated (NYSE:INGR) CEO James Zallie sold 9,958 shares of the stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $116.55, for a total transaction of $1,160,604.90. Following the completion of the transaction, the chief executive officer directly owned 33,011 shares of the company’s stock, valued at approximately $3,847,432.05. The trade was a 23.17% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Ingredion Trading Up 0.4%

Shares of INGR stock opened at $117.00 on Friday. Ingredion Incorporated 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 current ratio of 2.66 and a quick ratio of 1.73. The stock’s 50 day simple moving average is $114.74 and its two-hundred day simple moving average is $117.24. The company has a market cap of $7.36 billion, a PE ratio of 10.48, a price-to-earnings-growth ratio of 0.94 and a beta of 0.71.

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

Ingredion Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, January 20th. Investors of record on Friday, January 2nd were paid a dividend of $0.82 per share. The ex-dividend date of this dividend was Friday, January 2nd. This represents a $3.28 dividend on an annualized basis and a dividend yield of 2.8%. Ingredion’s payout ratio is currently 29.39%.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on INGR. Barclays raised their price objective on shares of Ingredion from $124.00 to $128.00 and gave the stock an “equal weight” rating in a research note on Wednesday, February 4th. Weiss Ratings restated a “hold (c)” rating on shares of Ingredion in a report on Monday, December 29th. Jefferies Financial Group reaffirmed a “hold” rating on shares of Ingredion in a research report on Wednesday, February 4th. Wall Street Zen downgraded Ingredion from a “buy” rating to a “hold” rating in a research report on Saturday, January 31st. Finally, Zacks Research upgraded shares of Ingredion from a “strong sell” rating to a “hold” rating in a report on Monday, December 22nd. One investment analyst has rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $125.83.

Institutional Trading of Ingredion

Several institutional investors and hedge funds have recently made changes to their positions in INGR. Axxcess Wealth Management LLC raised its stake in Ingredion by 21.3% in the fourth quarter. Axxcess Wealth Management LLC now owns 2,303 shares of the company’s stock worth $254,000 after buying an additional 404 shares in the last quarter. Corient Private Wealth LLC raised its position in shares of Ingredion by 612.5% in the 4th quarter. Corient Private Wealth LLC now owns 199,244 shares of the company’s stock worth $21,969,000 after acquiring an additional 171,281 shares in the last quarter. Alberta Investment Management Corp bought a new stake in Ingredion during the fourth quarter valued at about $1,301,000. Alpine Woods Capital Investors LLC grew its stake in Ingredion by 4.5% in the fourth quarter. Alpine Woods Capital Investors LLC now owns 57,409 shares of the company’s stock valued at $6,330,000 after purchasing an additional 2,492 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV raised its holdings in Ingredion by 11.2% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 25,829 shares of the company’s stock worth $2,848,000 after purchasing an additional 2,592 shares in the last quarter. 85.27% of the stock is currently owned by institutional investors.

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.