Kera Capital Partners Inc. Acquires Shares of 7,435 Ingredion Incorporated $INGR

Kera Capital Partners Inc. acquired a new position in shares of Ingredion Incorporated (NYSE:INGR) during the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 7,435 shares of the company’s stock, valued at approximately $878,000.

Several other institutional investors and hedge funds have also made changes to their positions in INGR. International Assets Investment Management LLC purchased a new position in shares of Ingredion during the fourth quarter worth approximately $30,000. Los Angeles Capital Management LLC acquired a new stake in Ingredion during the 4th quarter worth approximately $36,000. Capital Advisors Ltd. LLC grew its stake in shares of Ingredion by 40.5% in the 4th quarter. Capital Advisors Ltd. LLC now owns 354 shares of the company’s stock valued at $39,000 after purchasing an additional 102 shares during the last quarter. Ares Financial Consulting LLC acquired a new position in shares of Ingredion in the fourth quarter valued at approximately $46,000. Finally, Caitong International Asset Management Co. Ltd raised its stake in shares of Ingredion by 166.4% during the third quarter. Caitong International Asset Management Co. Ltd now owns 381 shares of the company’s stock worth $47,000 after purchasing an additional 238 shares during the last quarter. 85.27% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

INGR has been the subject of several recent research reports. UBS Group reaffirmed a “neutral” rating and set a $114.00 price target on shares of Ingredion in a report on Thursday, May 7th. Zacks Research cut shares of Ingredion from a “hold” rating to a “strong sell” rating in a research note on Tuesday, May 19th. Weiss Ratings restated a “hold (c)” rating on shares of Ingredion in a research report on Friday, March 27th. Benchmark restated a “buy” rating on shares of Ingredion in a research note on Tuesday, June 9th. Finally, Oppenheimer lowered shares of Ingredion from an “outperform” rating to a “market perform” rating in a research note on Monday, June 8th. One research analyst has rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Ingredion currently has an average rating of “Hold” and an average price target of $122.43.

Ingredion Trading Down 0.9%

Shares of INGR stock opened at $97.95 on Friday. The business’s fifty day moving average price is $106.19 and its 200 day moving average price is $110.94. Ingredion Incorporated has a 1-year low of $97.12 and a 1-year high of $140.47. The firm has a market capitalization of $6.18 billion, a PE ratio of 9.44, a P/E/G ratio of 0.83 and a beta of 0.60. The company has a debt-to-equity ratio of 0.40, a current ratio of 2.76 and a quick ratio of 1.83.

Ingredion (NYSE:INGR) last released its quarterly earnings data on Tuesday, May 5th. The company reported $2.34 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.44 by ($0.10). Ingredion had a return on equity of 15.86% and a net margin of 9.36%.The business had revenue of $1.79 billion during the quarter, compared to analysts’ expectations of $1.79 billion. During the same quarter in the previous year, the company posted $2.97 EPS. The company’s revenue was down 1.2% compared to the same quarter last year. Ingredion has set its FY 2026 guidance at 10.450-11.150 EPS. As a group, sell-side analysts forecast that Ingredion Incorporated will post 10.88 EPS for the current fiscal year.

Ingredion Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 21st. Stockholders of record on Wednesday, July 1st will be issued a $0.82 dividend. This represents a $3.28 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date is Wednesday, July 1st. 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.