Zacks Research Brokers Increase Earnings Estimates for IFF

International Flavors & Fragrances Inc. (NYSE:IFFFree Report) – Zacks Research upped their FY2026 earnings estimates for International Flavors & Fragrances in a note issued to investors on Wednesday, March 26th. Zacks Research analyst R. Department now anticipates that the specialty chemicals company will post earnings of $4.24 per share for the year, up from their prior forecast of $4.23. The consensus estimate for International Flavors & Fragrances’ current full-year earnings is $4.32 per share.

International Flavors & Fragrances (NYSE:IFFGet Free Report) last released its quarterly earnings data on Tuesday, February 18th. The specialty chemicals company reported $0.97 earnings per share for the quarter, beating analysts’ consensus estimates of $0.83 by $0.14. International Flavors & Fragrances had a return on equity of 7.72% and a net margin of 2.12%. The company had revenue of $2.77 billion for the quarter, compared to the consensus estimate of $2.67 billion.

Other equities research analysts also recently issued research reports about the stock. Cfra downgraded shares of International Flavors & Fragrances from a “buy” rating to a “sell” rating and set a $77.00 target price on the stock. in a research note on Thursday, February 20th. Oppenheimer decreased their price objective on shares of International Flavors & Fragrances from $114.00 to $104.00 and set an “outperform” rating on the stock in a research note on Thursday, February 20th. Bank of America cut their target price on shares of International Flavors & Fragrances from $105.00 to $101.00 and set a “buy” rating for the company in a research note on Thursday, February 20th. Wells Fargo & Company dropped their price target on International Flavors & Fragrances from $115.00 to $105.00 and set an “overweight” rating for the company in a report on Thursday, February 20th. Finally, Citigroup reduced their price objective on International Flavors & Fragrances from $110.00 to $105.00 and set a “buy” rating on the stock in a research note on Wednesday, December 18th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and eleven have given a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $103.31.

Read Our Latest Report on International Flavors & Fragrances

International Flavors & Fragrances Stock Performance

Shares of NYSE:IFF opened at $76.41 on Monday. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.84 and a quick ratio of 1.93. The business’s fifty day moving average price is $82.56 and its two-hundred day moving average price is $89.79. International Flavors & Fragrances has a fifty-two week low of $76.38 and a fifty-two week high of $106.77. The stock has a market capitalization of $19.54 billion, a price-to-earnings ratio of 81.28, a price-to-earnings-growth ratio of 1.45 and a beta of 1.21.

Hedge Funds Weigh In On International Flavors & Fragrances

Hedge funds have recently added to or reduced their stakes in the stock. Siemens Fonds Invest GmbH raised its position in shares of International Flavors & Fragrances by 19.7% in the 4th quarter. Siemens Fonds Invest GmbH now owns 3,312 shares of the specialty chemicals company’s stock valued at $280,000 after acquiring an additional 545 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH bought a new position in shares of International Flavors & Fragrances during the fourth quarter worth $11,819,000. Jefferies Financial Group Inc. grew its holdings in shares of International Flavors & Fragrances by 378.0% in the 4th quarter. Jefferies Financial Group Inc. now owns 13,800 shares of the specialty chemicals company’s stock valued at $1,167,000 after buying an additional 10,913 shares during the period. Mackenzie Financial Corp increased its position in shares of International Flavors & Fragrances by 7.6% in the 4th quarter. Mackenzie Financial Corp now owns 22,840 shares of the specialty chemicals company’s stock valued at $1,931,000 after buying an additional 1,621 shares in the last quarter. Finally, Forum Financial Management LP lifted its holdings in International Flavors & Fragrances by 58.8% during the fourth quarter. Forum Financial Management LP now owns 3,907 shares of the specialty chemicals company’s stock worth $330,000 after acquiring an additional 1,446 shares in the last quarter. Institutional investors and hedge funds own 96.02% of the company’s stock.

Insider Transactions at International Flavors & Fragrances

In related news, Director Kevin O’byrne purchased 6,500 shares of International Flavors & Fragrances stock in a transaction dated Wednesday, March 5th. The shares were acquired at an average cost of $80.44 per share, for a total transaction of $522,860.00. Following the transaction, the director now directly owns 6,500 shares of the company’s stock, valued at approximately $522,860. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. 0.20% of the stock is owned by corporate insiders.

International Flavors & Fragrances Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, April 11th. Stockholders of record on Friday, March 21st will be paid a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 2.09%. The ex-dividend date is Friday, March 21st. International Flavors & Fragrances’s dividend payout ratio (DPR) is presently 170.21%.

About International Flavors & Fragrances

(Get Free Report)

International Flavors & Fragrances, Inc engages in the manufacture and supply of flavors and fragrances used in the food, beverage, personal care, and household products industries. It operates through the following segments: Nourish, Health & Biosciences, Scent and Pharma Solutions. The Nourish segment consists of legacy Taste segment combined with N&B’s Food & Beverage division and the food protection business of N&B’s Health & Biosciences division.

See Also

Earnings History and Estimates for International Flavors & Fragrances (NYSE:IFF)

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