WINTON GROUP Ltd Invests $909,000 in Ingredion Incorporated $INGR

WINTON GROUP Ltd bought a new position in Ingredion Incorporated (NYSE:INGR) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 9,600 shares of the company’s stock, valued at approximately $909,000.

Other institutional investors have also added to or reduced their stakes in the company. California State Teachers Retirement System lifted its stake in Ingredion by 8,842.8% during the second quarter. California State Teachers Retirement System now owns 6,868,464 shares of the company’s stock worth $650,512,000 after purchasing an additional 6,791,660 shares during the last quarter. BlackRock Inc. purchased a new position in shares of Ingredion in the 2nd quarter worth about $618,834,000. First Trust Advisors LP increased its position in shares of Ingredion by 53.1% during the 1st quarter. First Trust Advisors LP now owns 3,054,149 shares of the company’s stock valued at $344,080,000 after purchasing an additional 1,059,324 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in shares of Ingredion by 22,036.7% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,037,106 shares of the company’s stock valued at $114,351,000 after purchasing an additional 1,032,421 shares during the last quarter. Finally, Equity Investment Corp purchased a new position in shares of Ingredion during the 2nd quarter valued at about $82,499,000. Institutional investors own 85.27% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on INGR shares. Benchmark restated a “buy” rating on shares of Ingredion in a research report on Tuesday, June 9th. UBS Group lifted their price target on shares of Ingredion from $104.00 to $108.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 5th. Zacks Research upgraded shares of Ingredion from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 14th. Weiss Ratings cut shares of Ingredion from a “hold (c)” rating to a “hold (c-)” rating in a research note on Wednesday, July 8th. Finally, Barclays reduced their target price on shares of Ingredion from $120.00 to $118.00 and set an “equal weight” rating on the stock in a report on Wednesday, August 5th. One equities research analyst has rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $121.29.

Ingredion Stock Down 0.2%

Shares of Ingredion stock opened at $100.29 on Monday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.92 and a current ratio of 2.80. Ingredion Incorporated has a 52-week low of $94.44 and a 52-week high of $127.50. The company’s 50 day moving average price is $102.34 and its 200-day moving average price is $105.62. The stock has a market capitalization of $6.32 billion, a price-to-earnings ratio of 10.94, a P/E/G ratio of 0.85 and a beta of 0.62.

Ingredion (NYSE:INGR) last posted its quarterly earnings results on Tuesday, August 4th. The company reported $2.82 EPS for the quarter, beating analysts’ consensus estimates of $2.71 by $0.11. The company had revenue of $1.85 billion during the quarter, compared to analyst estimates of $1.83 billion. Ingredion had a net margin of 8.21% and a return on equity of 15.40%. The firm’s revenue was up .9% compared to the same quarter last year. During the same period in the prior year, the business posted $2.87 EPS. Ingredion has set its FY 2026 guidance at 10.300-10.900 EPS. Equities research analysts forecast that Ingredion Incorporated will post 10.76 EPS for the current year.

Insider Activity at Ingredion

In other news, Director David Fischer sold 1,662 shares of the company’s stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $102.31, for a total transaction of $170,039.22. Following the completion of the transaction, the director directly owned 19,930 shares of the company’s stock, valued at approximately $2,039,038.30. This represents a 7.70% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 1.60% of the company’s stock.

About Ingredion

Ingredion Incorporated (NYSE: INGR) is a global ingredient solutions company that develops and produces ingredients derived primarily from corn, tapioca, potato and other plant-based sources. Its products are used by food, beverage, brewing, animal nutrition, pharmaceutical, personal care and industrial manufacturers.

The company’s portfolio includes starches, sweeteners, fibers, texturizers, specialty ingredients and plant-based proteins. These ingredients help customers improve the taste, texture, nutrition, stability and performance of finished products, including baked goods, dairy products, beverages, confectionery, sauces and other consumer and industrial goods.

Ingredion serves customers across North America, South America, Asia-Pacific, Europe, the Middle East and Africa.