Ingredion Incorporated $INGR Shares Acquired by RBA Wealth Management LLC

RBA Wealth Management LLC grew its stake in Ingredion Incorporated (NYSE:INGR) by 16.3% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 32,502 shares of the company’s stock after buying an additional 4,552 shares during the quarter. RBA Wealth Management LLC owned 0.05% of Ingredion worth $3,584,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of INGR. AQR Capital Management LLC lifted its holdings in shares of Ingredion by 143.1% in the 3rd quarter. AQR Capital Management LLC now owns 1,191,118 shares of the company’s stock valued at $144,685,000 after buying an additional 701,063 shares during the period. Snyder Capital Management L P lifted its holdings in shares of Ingredion by 22.0% in the 3rd quarter. Snyder Capital Management L P now owns 1,323,847 shares of the company’s stock valued at $161,655,000 after buying an additional 238,420 shares during the period. Voloridge Investment Management LLC lifted its holdings in shares of Ingredion by 2,409.3% in the 3rd quarter. Voloridge Investment Management LLC now owns 198,659 shares of the company’s stock valued at $24,258,000 after buying an additional 190,742 shares during the period. Two Sigma Investments LP raised its holdings in Ingredion by 118.3% in the 3rd quarter. Two Sigma Investments LP now owns 271,006 shares of the company’s stock worth $33,093,000 after purchasing an additional 146,874 shares during the period. Finally, Qube Research & Technologies Ltd raised its holdings in Ingredion by 36.3% in the 3rd quarter. Qube Research & Technologies Ltd now owns 517,570 shares of the company’s stock worth $63,200,000 after purchasing an additional 137,922 shares during the period. Institutional investors and hedge funds own 85.27% of the company’s stock.

Ingredion Price Performance

Shares of Ingredion stock opened at $113.10 on Wednesday. The business has a 50 day simple moving average of $114.55 and a two-hundred day simple moving average of $113.81. Ingredion Incorporated has a 12 month low of $102.31 and a 12 month high of $141.78. The stock has a market capitalization of $7.13 billion, a P/E ratio of 10.13, a PEG ratio of 0.90 and a beta of 0.70. The company has a debt-to-equity ratio of 0.41, a current ratio of 2.66 and a quick ratio of 1.73.

Ingredion (NYSE:INGR) last announced its earnings results on Tuesday, February 3rd. The company reported $2.53 EPS for the quarter, missing analysts’ consensus estimates of $2.59 by ($0.06). Ingredion had a net margin of 10.10% and a return on equity of 17.32%. The firm had revenue of $1.76 billion for the quarter, compared to analyst estimates of $1.78 billion. During the same period in the previous year, the company earned $2.63 EPS. Ingredion’s revenue was down 2.4% compared to the same quarter last year. Ingredion has set its FY 2026 guidance at 11.000-11.8 EPS. As a group, analysts predict that Ingredion Incorporated will post 11.14 EPS for the current fiscal year.

Ingredion Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 21st. Shareholders of record on Wednesday, April 1st will be issued a dividend of $0.82 per share. The ex-dividend date of this dividend is Wednesday, April 1st. This represents a $3.28 dividend on an annualized basis and a dividend yield of 2.9%. Ingredion’s dividend payout ratio is presently 29.39%.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on INGR shares. BMO Capital Markets reaffirmed a “market perform” rating on shares of Ingredion in a report on Wednesday, February 4th. Wall Street Zen cut Ingredion from a “buy” rating to a “hold” rating in a report on Saturday, January 31st. Jefferies Financial Group reaffirmed a “hold” rating on shares of Ingredion in a report on Wednesday, February 4th. Benchmark started coverage on Ingredion in a report on Tuesday, March 17th. They issued a “buy” rating and a $130.00 price target for the company. Finally, UBS Group reduced their price target on Ingredion from $124.00 to $122.00 and set a “neutral” rating for the company in a report on Thursday, April 9th. Two analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $126.14.

Insider Buying and Selling at Ingredion

In other Ingredion news, VP Davida Marie Gable sold 375 shares of the stock in a transaction that occurred on Wednesday, March 18th. The stock was sold at an average price of $112.44, for a total transaction of $42,165.00. Following the completion of the transaction, the vice president owned 7,110 shares of the company’s stock, valued at $799,448.40. This represents a 5.01% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO James P. Zallie sold 33,597 shares of the stock in a transaction that occurred on Wednesday, February 11th. The shares were sold at an average price of $119.66, for a total value of $4,020,217.02. Following the transaction, the chief executive officer directly owned 50,167 shares of the company’s stock, valued at $6,002,983.22. The trade was a 40.11% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 48,686 shares of company stock valued at $5,784,010 over the last quarter. 1.80% of the stock is currently owned by insiders.

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.