Sumitomo Mitsui Trust Group Inc. Sells 17,908 Shares of International Flavors & Fragrances Inc. $IFF

Sumitomo Mitsui Trust Group Inc. decreased its holdings in International Flavors & Fragrances Inc. (NYSE:IFF) by 3.4% in the third quarter, Holdings Channel reports. The fund owned 508,515 shares of the specialty chemicals company’s stock after selling 17,908 shares during the period. Sumitomo Mitsui Trust Group Inc.’s holdings in International Flavors & Fragrances were worth $42,451,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. BlackRock Inc. acquired a new position in shares of International Flavors & Fragrances during the 2nd quarter worth approximately $1,835,955,000. Nykredit A S acquired a new stake in shares of International Flavors & Fragrances in the second quarter valued at approximately $223,065,000. Bank of America Corp DE acquired a new stake in shares of International Flavors & Fragrances in the second quarter valued at approximately $131,760,000. Dimensional Fund Advisors LP lifted its position in International Flavors & Fragrances by 8.9% during the first quarter. Dimensional Fund Advisors LP now owns 1,809,090 shares of the specialty chemicals company’s stock worth $131,222,000 after buying an additional 147,896 shares in the last quarter. Finally, Bank of New York Mellon Corp purchased a new position in International Flavors & Fragrances during the second quarter worth approximately $122,792,000. 96.02% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at International Flavors & Fragrances

In other International Flavors & Fragrances news, insider De Mendonca Ana Paula Teles sold 5,718 shares of the stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $83.19, for a total transaction of $475,680.42. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Marc Birenkrant sold 1,000 shares of the company’s stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $85.00, for a total transaction of $85,000.00. Following the completion of the transaction, the chief accounting officer owned 3,446 shares in the company, valued at approximately $292,910. This represents a 22.49% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 1.07% of the company’s stock.

International Flavors & Fragrances Trading Down 5.1%

IFF opened at $87.47 on Thursday. The stock has a market capitalization of $22.32 billion, a PE ratio of 123.19, a P/E/G ratio of 3.96 and a beta of 0.86. International Flavors & Fragrances Inc. has a one year low of $61.72 and a one year high of $95.27. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.72 and a current ratio of 2.06. The business’s 50 day moving average price is $87.19 and its 200 day moving average price is $78.85.

International Flavors & Fragrances (NYSE:IFF) last posted its earnings results on Tuesday, November 3rd. The specialty chemicals company reported $0.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.81 by $0.02. International Flavors & Fragrances had a return on equity of 6.72% and a net margin of 1.97%. The company had revenue of $1.94 billion during the quarter, compared to analysts’ expectations of $1.91 billion. During the same quarter last year, the firm earned $1.05 earnings per share. The firm’s quarterly revenue was up 3.9% compared to the same quarter last year. As a group, equities research analysts expect that International Flavors & Fragrances Inc. will post 3.24 EPS for the current year.

International Flavors & Fragrances declared that its board has approved a stock repurchase program on Tuesday, August 4th that permits the company to repurchase $2.50 billion in shares. This buyback authorization permits the specialty chemicals company to reacquire up to 12.1% of its shares through open market purchases. Stock buyback programs are typically an indication that the company’s management believes its stock is undervalued.

International Flavors & Fragrances Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 13th. Shareholders of record on Saturday, December 19th will be given a $0.40 dividend. The ex-dividend date of this dividend is Friday, December 18th. This represents a $1.60 dividend on an annualized basis and a yield of 1.8%. International Flavors & Fragrances’s dividend payout ratio is presently 146.79%.

More International Flavors & Fragrances News

Here are the key news stories impacting International Flavors & Fragrances this week:

• Positive Sentiment: Third-quarter revenue of $1.94 billion and adjusted EPS of $0.83 topped analyst estimates of $1.91 billion and $0.81. Revenue grew 3.9% year over year, with Taste and Scent cited as areas of strength. IFF also raised its full-year 2026 guidance. Article: IFF Earnings Beat Estimates in Q3 on Taste & Scent Strength
• Neutral Sentiment: JPMorgan and Bank of America are preparing a $2.4 billion debt sale connected to CVC’s IFF deal. The report points to financing activity around the transaction, but does not specify a direct effect on IFF’s operating results. Article: JPMorgan, BofA Prepare $2.4 Billion Debt Sale for CVC’s IFF Deal
• Negative Sentiment: Despite the adjusted earnings beat, EPS was below the $1.05 reported a year earlier, and IFF swung to a reported quarterly loss. Reports highlighted a soft near-term outlook and rising costs, including concerns about fourth-quarter profitability. This helps explain why investors may have focused more on margin and outlook risks than on the quarterly beat. Article: IFF shares fall on soft 2026 guidance despite Q3 beat

Analyst Upgrades and Downgrades

Several analysts have issued reports on the company. Citigroup dropped their target price on International Flavors & Fragrances from $101.00 to $100.00 and set a “buy” rating for the company in a report on Wednesday, October 7th. Wall Street Zen upgraded International Flavors & Fragrances from a “sell” rating to a “hold” rating in a report on Sunday, October 25th. Oppenheimer boosted their price target on shares of International Flavors & Fragrances from $95.00 to $108.00 and gave the company an “outperform” rating in a research report on Thursday, October 22nd. Weiss Ratings raised shares of International Flavors & Fragrances from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, October 8th. Finally, Benchmark raised their price objective on shares of International Flavors & Fragrances from $100.00 to $105.00 and gave the stock a “buy” rating in a research report on Thursday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $94.28.

International Flavors & Fragrances Profile

International Flavors & Fragrances Inc (NYSE:IFF) develops and manufactures ingredients, flavor systems, fragrances and specialty solutions used in consumer and industrial products. Its offerings support food and beverage manufacturers, fragrance and personal care companies, household-product makers, pharmaceutical businesses and other customers.

The company’s portfolio includes flavors for beverages, dairy products, sweet goods, savory foods and other applications; fragrances for fine fragrance, personal care and home care products; and functional ingredients, enzymes, cultures, natural extracts and other specialty materials.