Ingredion Incorporated $INGR Shares Bought by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. lifted its holdings in Ingredion Incorporated (NYSE:INGR) by 22,036.7% during the 4th quarter, HoldingsChannel.com reports. The firm owned 1,037,106 shares of the company’s stock after acquiring an additional 1,032,421 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Ingredion were worth $114,351,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in INGR. WPG Advisers LLC boosted its holdings in shares of Ingredion by 100.8% in the third quarter. WPG Advisers LLC now owns 245 shares of the company’s stock worth $30,000 after buying an additional 123 shares during the period. International Assets Investment Management LLC acquired a new position in shares of Ingredion in the fourth quarter worth about $30,000. Root Financial Partners LLC acquired a new position in shares of Ingredion in the third quarter worth about $36,000. Capital Advisors Ltd. LLC boosted its holdings in shares of Ingredion by 40.5% in the fourth quarter. Capital Advisors Ltd. LLC now owns 354 shares of the company’s stock worth $39,000 after buying an additional 102 shares during the period. Finally, Ares Financial Consulting LLC acquired a new position in shares of Ingredion in the fourth quarter worth about $46,000. 85.27% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, CEO James P. Zallie sold 9,958 shares of Ingredion stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $116.55, for a total value of $1,160,604.90. Following the transaction, the chief executive officer owned 33,011 shares of the company’s stock, valued at $3,847,432.05. This trade represents a 23.17% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Larry Fernandes sold 1,125 shares of Ingredion stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $116.55, for a total transaction of $131,118.75. Following the completion of the transaction, the senior vice president directly owned 30,514 shares in the company, valued at approximately $3,556,406.70. This represents a 3.56% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 11,459 shares of company stock valued at $1,334,001 over the last 90 days. 1.60% of the stock is currently owned by company insiders.

Key Headlines Impacting Ingredion

Here are the key news stories impacting Ingredion this week:

• Positive Sentiment: Ingredion confirmed it made a conditional, all-cash bid for Tate & Lyle, signaling a possible major acquisition that could expand its global ingredients footprint and create long-term growth opportunities. Ingredion makes non-binding all-cash bid for Tate & Lyle
• Positive Sentiment: Reuters and other reports said Tate & Lyle is in talks with Ingredion over the offer, suggesting the deal is progressing beyond speculation and helping support takeover optimism. Reuters report on takeover bid
• Neutral Sentiment: Analyst attention remains focused on Ingredion’s Q1 earnings call, including questions about margins, demand trends, and the company’s outlook after it missed EPS estimates in the prior quarter. 5 Revealing Analyst Questions From Ingredion’s Q1 Earnings Call
• Negative Sentiment: Separately, an analyst note argued that problems at Ingredion’s Argo facility hurt earnings, highlighting operational issues that could pressure profitability if they continue. Ingredion: Problems At The Argo Facility Damage Earnings

Analyst Upgrades and Downgrades

Several brokerages have commented on INGR. Jefferies Financial Group reiterated a “hold” rating on shares of Ingredion in a report on Wednesday, February 4th. Weiss Ratings reiterated a “hold (c)” rating on shares of Ingredion in a report on Friday, March 27th. Barclays decreased their target price on shares of Ingredion from $128.00 to $120.00 and set an “equal weight” rating for the company in a report on Wednesday, May 6th. BMO Capital Markets reiterated a “market perform” rating on shares of Ingredion in a report on Wednesday, February 4th. Finally, Benchmark started coverage on shares of Ingredion in a report on Tuesday, March 17th. They issued a “buy” rating and a $130.00 target price for the company. Two equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $122.43.

Ingredion Trading Up 0.4%

NYSE:INGR opened at $102.62 on Friday. Ingredion Incorporated has a 12 month low of $100.71 and a 12 month high of $141.78. The firm has a market cap of $6.47 billion, a price-to-earnings ratio of 9.89, a P/E/G ratio of 0.83 and a beta of 0.64. The company has a quick ratio of 1.83, a current ratio of 2.76 and a debt-to-equity ratio of 0.40. The company’s 50 day moving average is $111.38 and its 200-day moving average is $112.31.

Ingredion (NYSE:INGR) last released its quarterly earnings results on Tuesday, May 5th. The company reported $2.34 EPS for the quarter, missing analysts’ consensus estimates of $2.44 by ($0.10). Ingredion had a net margin of 9.36% and a return on equity of 15.86%. The firm had revenue of $1.79 billion during the quarter, compared to the consensus estimate of $1.79 billion. During the same period in the prior year, the business earned $2.97 EPS. The company’s revenue for the quarter was down 1.2% compared to the same quarter last year. Ingredion has set its FY 2026 guidance at 10.450-11.150 EPS. Equities analysts anticipate that Ingredion Incorporated will post 10.88 EPS for the current year.

Ingredion Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 21st. Stockholders of record on Wednesday, April 1st were given a $0.82 dividend. The ex-dividend date of this dividend was Wednesday, April 1st. This represents a $3.28 dividend on an annualized basis and a dividend yield of 3.2%. Ingredion’s dividend payout ratio (DPR) is currently 31.60%.

About Ingredion

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.