Rep. Jefferson Shreve Sells Off Shares of International Flavors & Fragrances Inc. (NYSE:IFF)

Representative Jefferson Shreve (R-Indiana) recently sold shares of International Flavors & Fragrances Inc. (NYSE:IFF). In a filing disclosed on May 08th, the Representative disclosed that they had sold between $15,001 and $50,000 in International Flavors & Fragrances stock on April 7th. The trade occurred in the Representative’s “CRT – STANDARD UNIT TRUST” account.

Representative Jefferson Shreve also recently made the following trade(s):

• Purchased $50,001 – $100,000 in shares of Chipotle Mexican Grill (NYSE:CMG) on 4/17/2025.
• Purchased $50,001 – $100,000 in shares of Applied Materials (NASDAQ:AMAT) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of Caterpillar (NYSE:CAT) on 4/17/2025.
• Sold $15,001 – $50,000 in shares of Lululemon Athletica (NASDAQ:LULU) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of Western Digital (NASDAQ:WDC) on 4/17/2025.
• Sold $15,001 – $50,000 in shares of Zoetis (NYSE:ZTS) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of Stryker (NYSE:SYK) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of NextEra Energy (NYSE:NEE) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of CSX (NASDAQ:CSX) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of Ross Stores (NASDAQ:ROST) on 4/17/2025.

International Flavors & Fragrances Stock Up 4.3%

Shares of International Flavors & Fragrances stock traded up $3.14 during trading on Monday, hitting $76.57. The company’s stock had a trading volume of 411,408 shares, compared to its average volume of 1,515,458. International Flavors & Fragrances Inc. has a 52 week low of $65.85 and a 52 week high of $106.77. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.93 and a current ratio of 1.84. The company has a fifty day simple moving average of $76.39 and a two-hundred day simple moving average of $83.41. The company has a market capitalization of $19.59 billion, a PE ratio of 81.53, a P/E/G ratio of 1.45 and a beta of 1.08.

International Flavors & Fragrances (NYSE:IFF) last released its earnings results on Tuesday, May 6th. The specialty chemicals company reported $1.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.12 by $0.08. The firm had revenue of $2.84 billion during the quarter, compared to analyst estimates of $2.83 billion. International Flavors & Fragrances had a net margin of 2.12% and a return on equity of 7.72%. The business’s revenue was down 1.9% on a year-over-year basis. During the same period last year, the business earned $1.13 earnings per share. Equities research analysts predict that International Flavors & Fragrances Inc. will post 4.32 earnings per share for the current year.

International Flavors & Fragrances Announces Dividend

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 given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.09%. The ex-dividend date of this dividend is Friday, June 20th. International Flavors & Fragrances’s dividend payout ratio is presently -48.93%.

Analyst Upgrades and Downgrades

IFF has been the subject of several recent analyst reports. JPMorgan Chase & Co. decreased their target price on shares of International Flavors & Fragrances from $107.00 to $104.00 and set an “overweight” rating for the company in a report on Thursday, February 20th. Robert W. Baird lowered their price objective on International Flavors & Fragrances from $110.00 to $100.00 and set an “outperform” rating on the stock in a research report on Thursday. Wells Fargo & Company reduced their target price on International Flavors & Fragrances from $105.00 to $90.00 and set an “overweight” rating for the company in a report on Wednesday, April 9th. Bank of America lowered their price target on International Flavors & Fragrances from $105.00 to $101.00 and set a “buy” rating on the stock in a report on Thursday, February 20th. Finally, UBS Group boosted their price objective on shares of International Flavors & Fragrances from $82.00 to $83.00 and gave the company a “neutral” rating in a report on Wednesday, May 7th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and twelve have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $92.69.

Institutional Trading of International Flavors & Fragrances

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Zions Bancorporation National Association UT bought a new position in shares of International Flavors & Fragrances during the 1st quarter valued at approximately $42,000. Everett Harris & Co. CA increased its stake in shares of International Flavors & Fragrances by 1.4% in the first quarter. Everett Harris & Co. CA now owns 23,538 shares of the specialty chemicals company’s stock worth $1,827,000 after purchasing an additional 333 shares in the last quarter. Citigroup Inc. raised its position in shares of International Flavors & Fragrances by 38.7% during the 1st quarter. Citigroup Inc. now owns 283,542 shares of the specialty chemicals company’s stock valued at $22,006,000 after purchasing an additional 79,146 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. lifted its stake in shares of International Flavors & Fragrances by 11.7% during the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 570,127 shares of the specialty chemicals company’s stock valued at $44,248,000 after buying an additional 59,765 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its holdings in International Flavors & Fragrances by 2.1% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 1,577,723 shares of the specialty chemicals company’s stock worth $122,447,000 after buying an additional 32,005 shares during the period. Hedge funds and other institutional investors own 96.02% of the company’s stock.

Insider Buying and Selling at International Flavors & Fragrances

In related news, CEO J Erik Fyrwald acquired 700 shares of International Flavors & Fragrances stock in a transaction dated Thursday, May 8th. The shares were purchased at an average price of $74.00 per share, for a total transaction of $51,800.00. Following the completion of the transaction, the chief executive officer now directly owns 37,770 shares in the company, valued at approximately $2,794,980. This represents a 1.89% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Kevin O’byrne bought 6,500 shares of the company’s stock in a transaction that occurred on Wednesday, March 5th. The shares were bought at an average price of $80.44 per share, with a total value of $522,860.00. Following the transaction, the director now owns 6,500 shares of the company’s stock, valued at $522,860. The trade was a ∞ increase in their position. The disclosure for this purchase can be found here. Insiders own 0.20% of the company’s stock.

About Representative Shreve

Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana’s 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana’s 6th Congressional District. He declared candidacy for the 2026 election.

Email [email protected] to notify us of updates to this biography.
Jefferson Shreve earned a bachelor’s degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve’s career experience includes working as a real estate executive.

Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.

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.