Internationa Flavors & Fragrances, Inc. (IFF) Stake Held by Thompson Siegel & Walmsley LLC

Thompson Siegel & Walmsley LLC continued to hold its position in Internationa Flavors & Fragrances, Inc. (NYSE:IFF) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 5,880 shares of the specialty chemicals company’s stock at the end of the second quarter. Thompson Siegel & Walmsley LLC’s holdings in Internationa Flavors & Fragrances were worth $794,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. YorkBridge Wealth Partners LLC lifted its stake in shares of Internationa Flavors & Fragrances by 25.3% in the 1st quarter. YorkBridge Wealth Partners LLC now owns 723 shares of the specialty chemicals company’s stock valued at $100,000 after purchasing an additional 146 shares during the period. TrimTabs Asset Management LLC purchased a new position in shares of Internationa Flavors & Fragrances in the 1st quarter valued at approximately $122,000. Cornerstone Advisors Inc. lifted its stake in shares of Internationa Flavors & Fragrances by 30.2% in the 2nd quarter. Cornerstone Advisors Inc. now owns 1,056 shares of the specialty chemicals company’s stock valued at $143,000 after purchasing an additional 245 shares during the period. Van ECK Associates Corp lifted its stake in shares of Internationa Flavors & Fragrances by 7.2% in the 1st quarter. Van ECK Associates Corp now owns 1,167 shares of the specialty chemicals company’s stock valued at $155,000 after purchasing an additional 78 shares during the period. Finally, IFP Advisors Inc lifted its stake in shares of Internationa Flavors & Fragrances by 15.1% in the 2nd quarter. IFP Advisors Inc now owns 1,353 shares of the specialty chemicals company’s stock valued at $183,000 after purchasing an additional 177 shares during the period. Institutional investors own 82.18% of the company’s stock.

In other Internationa Flavors & Fragrances news, major shareholder Winder Investment Pte Ltd acquired 20,000 shares of the firm’s stock in a transaction dated Monday, June 26th. The stock was purchased at an average price of $137.08 per share, for a total transaction of $2,741,600.00. Following the acquisition, the insider now owns 9,230,793 shares in the company, valued at approximately $1,265,357,104.44. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Francisco Fortanet sold 300 shares of the stock in a transaction on Wednesday, August 2nd. The shares were sold at an average price of $134.36, for a total value of $40,308.00. Following the sale, the executive vice president now owns 19,994 shares of the company’s stock, valued at approximately $2,686,393.84. The disclosure for this sale can be found here. In the last quarter, insiders have bought 1,209,400 shares of company stock valued at $162,210,073 and have sold 6,998 shares valued at $962,952. Corporate insiders own 0.48% of the company’s stock.

Shares of Internationa Flavors & Fragrances, Inc. (NYSE:IFF) opened at 144.21 on Friday. The firm has a 50 day moving average price of $137.95 and a 200-day moving average price of $135.05. Internationa Flavors & Fragrances, Inc. has a 12-month low of $113.16 and a 12-month high of $144.72. The company has a market cap of $11.39 billion, a price-to-earnings ratio of 29.10 and a beta of 1.09.

Internationa Flavors & Fragrances (NYSE:IFF) last posted its earnings results on Tuesday, August 8th. The specialty chemicals company reported $1.50 earnings per share for the quarter, topping analysts’ consensus estimates of $1.45 by $0.05. Internationa Flavors & Fragrances had a return on equity of 26.83% and a net margin of 12.31%. The company had revenue of $842.86 million during the quarter, compared to analyst estimates of $845.89 million. During the same quarter in the prior year, the business earned $1.47 earnings per share. Internationa Flavors & Fragrances’s revenue was up 6.2% on a year-over-year basis. On average, equities analysts expect that Internationa Flavors & Fragrances, Inc. will post $5.78 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 6th. Stockholders of record on Monday, September 25th will be issued a dividend of $0.69 per share. This represents a $2.76 annualized dividend and a dividend yield of 1.91%. The ex-dividend date is Friday, September 22nd. This is a positive change from Internationa Flavors & Fragrances’s previous quarterly dividend of $0.64. Internationa Flavors & Fragrances’s dividend payout ratio is currently 51.72%.

IFF has been the subject of a number of research analyst reports. KeyCorp restated a “buy” rating and issued a $148.00 target price on shares of Internationa Flavors & Fragrances in a research note on Thursday, August 24th. Raymond James Financial, Inc. initiated coverage on Internationa Flavors & Fragrances in a research note on Friday, July 7th. They issued a “market perform” rating for the company. Zacks Investment Research upgraded Internationa Flavors & Fragrances from a “hold” rating to a “buy” rating and set a $149.00 target price for the company in a research note on Monday, July 24th. Stifel Nicolaus restated a “hold” rating and issued a $136.00 target price on shares of Internationa Flavors & Fragrances in a research note on Friday, July 21st. Finally, BidaskClub lowered Internationa Flavors & Fragrances from a “hold” rating to a “sell” rating in a research report on Tuesday, July 11th. One analyst has rated the stock with a sell rating, twelve have assigned a hold rating and three have assigned a buy rating to the stock. Internationa Flavors & Fragrances has an average rating of “Hold” and a consensus price target of $136.99.

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Internationa Flavors & Fragrances Profile

International Flavors & Fragrances Inc creates, manufactures and supplies flavors and fragrances (including cosmetic active ingredients) used to impart or improve flavor or fragrance in a range of consumer products. The Company operates in two segments: Flavors and Fragrances. The Flavors segment offers flavor compounds that are sold to the food and beverage industries for use in consumer products, such as prepared foods, beverages, dairy, food and sweet products.

Institutional Ownership by Quarter for Internationa Flavors & Fragrances (NYSE:IFF)

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