International Flavors & Fragrances (NYSE:IFF) to Repurchase $2.50 billion in Outstanding Stock

International Flavors & Fragrances (NYSE:IFF) announced that its board has authorized a stock buyback plan on Tuesday, August 4th, RTT News reports. The company plans to repurchase $2.50 billion in shares. This repurchase authorization permits the specialty chemicals company to purchase up to 12.1% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company’s management believes its shares are undervalued.

Wall Street Analyst Weigh In

IFF has been the topic of a number of research reports. Argus raised their target price on shares of International Flavors & Fragrances from $80.00 to $85.00 and gave the stock a “buy” rating in a research report on Tuesday, June 30th. Berenberg Bank increased their price target on shares of International Flavors & Fragrances from $83.00 to $84.80 and gave the stock a “hold” rating in a research note on Thursday, May 7th. Barclays raised their price objective on shares of International Flavors & Fragrances from $80.00 to $90.00 and gave the stock an “overweight” rating in a research report on Thursday, May 7th. Benchmark upped their target price on shares of International Flavors & Fragrances from $100.00 to $105.00 and gave the company a “buy” rating in a report on Thursday. Finally, Oppenheimer increased their target price on shares of International Flavors & Fragrances from $88.00 to $90.00 and gave the stock an “outperform” rating in a research note on Thursday, May 7th. Thirteen research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $91.82.

International Flavors & Fragrances Trading Down 4.1%

NYSE:IFF opened at $84.43 on Friday. International Flavors & Fragrances has a 1 year low of $59.14 and a 1 year high of $89.32. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.87 and a current ratio of 2.06. The stock has a fifty day moving average price of $77.57 and a two-hundred day moving average price of $75.40. The stock has a market capitalization of $21.54 billion, a price-to-earnings ratio of 77.46, a PEG ratio of 2.27 and a beta of 0.93.

International Flavors & Fragrances (NYSE:IFF) last issued its earnings results on Tuesday, August 4th. The specialty chemicals company reported $0.82 EPS for the quarter, missing the consensus estimate of $1.07 by ($0.25). International Flavors & Fragrances had a return on equity of 7.11% and a net margin of 2.78%.The company had revenue of $1.95 billion for the quarter, compared to analysts’ expectations of $2.62 billion. During the same quarter in the previous year, the firm posted $1.15 earnings per share. International Flavors & Fragrances’s revenue for the quarter was up 1.8% on a year-over-year basis. As a group, sell-side analysts anticipate that International Flavors & Fragrances will post 4.42 earnings per share for the current fiscal year.

International Flavors & Fragrances Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 9th. Investors of record on Friday, September 18th will be issued a dividend of $0.40 per share. The ex-dividend date of this dividend is Friday, September 18th. This represents a $1.60 dividend on an annualized basis and a yield of 1.9%. International Flavors & Fragrances’s payout ratio is currently 146.79%.

Insiders Place Their Bets

In related news, Director Paul J. Fribourg bought 260,000 shares of the stock in a transaction on Monday, June 1st. The shares were bought at an average cost of $74.28 per share, for a total transaction of $19,312,800.00. Following the completion of the transaction, the director owned 2,682,730 shares of the company’s stock, valued at $199,273,184.40. This represents a 10.73% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 1.07% of the company’s stock.

More International Flavors & Fragrances News

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

• Positive Sentiment: $2.5 billion share repurchase: IFF authorized a buyback covering up to approximately 12.1% of outstanding shares. The plan signals management’s confidence that the stock is undervalued and could support earnings per share and shareholder returns. IFF to Buy Back $2.5 Billion in Shares
• Positive Sentiment: Analysts raised price targets: Benchmark lifted its target from $100 to $105 and maintained a “buy” rating, while UBS raised its target from $84 to $91, though it kept a “neutral” rating. The revisions leave both targets above the reference price and suggest analysts see additional upside after IFF’s recent rally. Benzinga analyst updates
• Positive Sentiment: Portfolio simplification remains a catalyst: IFF is selling lower-growth businesses, including its Food Ingredients operations in a transaction valued at about $4.3 billion. Proceeds could strengthen the balance sheet and focus the company on higher-margin specialty ingredients, flavors and fragrances. Why IFF Stock Is Up Today
• Neutral Sentiment: Analyst views remain divided: Vertical Research downgraded IFF from “buy” to “hold” but set a $93 price target, indicating potential upside while expressing greater caution following the earnings release. Vertical Research rating change
• Negative Sentiment: Second-quarter results missed expectations: IFF reported adjusted earnings of $0.82 per share versus consensus of $1.07, while revenue of $1.95 billion fell well short of the $2.62 billion estimate. Revenue nevertheless increased 1.8% year over year. IFF Q2 Earnings Miss Estimates
• Negative Sentiment: 2026 guidance was lowered: The weaker outlook raises concerns about demand, execution and the pace at which the restructuring will improve profitability, offsetting some of the benefit from the buyback and asset sales. IFF Misses Sales Expectations and Lowers Guidance

International Flavors & Fragrances Company Profile

International Flavors & Fragrances Inc (NYSE:IFF) is a global leader in the creation and production of flavors, fragrances, cosmetic actives and nutritional lipids. The company develops taste and scent solutions for a wide array of end markets including food and beverage, personal care, household goods and pharmaceutical products. Its portfolio spans natural and nature-identical flavors, fine fragrances, functional ingredients for skin and hair care, and specialty oils that enhance nutritional value and sensory appeal.

IFF’s research and development network comprises innovation centers in North America, Europe, Asia-Pacific and Latin America, where multidisciplinary teams collaborate on aroma chemistry, sensory science and biotechnology.