Crossmark Global Holdings Inc. Lowers Holdings in Ingredion Incorporated $INGR

Crossmark Global Holdings Inc. decreased its holdings in Ingredion Incorporated (NYSE:INGR) by 80.0% in the fourth quarter, HoldingsChannel.com reports. The firm owned 3,765 shares of the company’s stock after selling 15,043 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in Ingredion were worth $415,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. Virtus Family Office LLC purchased a new position in Ingredion in the fourth quarter valued at $891,000. International Assets Investment Management LLC acquired a new position in Ingredion in the 4th quarter valued at about $30,000. Coston McIsaac & Partners increased its position in Ingredion by 5.0% in the 4th quarter. Coston McIsaac & Partners now owns 51,904 shares of the company’s stock valued at $5,722,000 after acquiring an additional 2,464 shares during the period. Crestwood Advisors Group LLC purchased a new stake in Ingredion in the 4th quarter valued at approximately $284,000. Finally, Sequoia Financial Advisors LLC boosted its holdings in Ingredion by 52.6% in the 4th quarter. Sequoia Financial Advisors LLC now owns 14,417 shares of the company’s stock valued at $1,590,000 after purchasing an additional 4,972 shares in the last quarter. Institutional investors and hedge funds own 85.27% of the company’s stock.

Ingredion News Roundup

Here are the key news stories impacting Ingredion this week:

• Positive Sentiment: Ingredion confirmed it made a conditional, all-cash bid for Tate & Lyle, signaling a possible major acquisition that could expand its global ingredients footprint and create long-term growth opportunities. Ingredion makes non-binding all-cash bid for Tate & Lyle
• Positive Sentiment: Reuters and other reports said Tate & Lyle is in talks with Ingredion over the offer, suggesting the deal is progressing beyond speculation and helping support takeover optimism. Reuters report on takeover bid
• Neutral Sentiment: Analyst attention remains focused on Ingredion’s Q1 earnings call, including questions about margins, demand trends, and the company’s outlook after it missed EPS estimates in the prior quarter. 5 Revealing Analyst Questions From Ingredion’s Q1 Earnings Call
• Negative Sentiment: Separately, an analyst note argued that problems at Ingredion’s Argo facility hurt earnings, highlighting operational issues that could pressure profitability if they continue. Ingredion: Problems At The Argo Facility Damage Earnings

Insider Buying and Selling

In other Ingredion news, VP Davida Marie Gable sold 375 shares of the company’s stock in a transaction on Wednesday, March 18th. The shares were sold at an average price of $112.44, for a total transaction of $42,165.00. Following the sale, the vice president directly owned 7,110 shares of the company’s stock, valued at approximately $799,448.40. This represents a 5.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO James P. Zallie sold 9,958 shares of the company’s stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $116.55, for a total transaction of $1,160,604.90. Following the sale, the chief executive officer directly owned 33,011 shares in the company, valued at $3,847,432.05. This trade represents a 23.17% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 11,459 shares of company stock worth $1,334,001. 1.60% of the stock is owned by insiders.

Ingredion Stock Up 0.4%

INGR stock opened at $102.62 on Friday. The company has a quick ratio of 1.83, a current ratio of 2.76 and a debt-to-equity ratio of 0.40. The company has a market cap of $6.47 billion, a price-to-earnings ratio of 9.89, a PEG ratio of 0.83 and a beta of 0.64. The company has a 50 day moving average of $111.38 and a two-hundred day moving average of $112.31. Ingredion Incorporated has a 12-month low of $100.71 and a 12-month high of $141.78.

Ingredion (NYSE:INGR) last issued its earnings results on Tuesday, May 5th. The company reported $2.34 earnings per share for the quarter, missing the consensus estimate of $2.44 by ($0.10). Ingredion had a net margin of 9.36% and a return on equity of 15.86%. The business had revenue of $1.79 billion for the quarter, compared to analyst estimates of $1.79 billion. During the same quarter last year, the firm posted $2.97 earnings per share. Ingredion’s revenue was down 1.2% on a year-over-year basis. Ingredion has set its FY 2026 guidance at 10.450-11.150 EPS. On average, equities analysts anticipate that Ingredion Incorporated will post 11.24 earnings per share for the current fiscal year.

Ingredion Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 21st. Stockholders of record on Wednesday, April 1st were issued a $0.82 dividend. This represents a $3.28 annualized dividend and a dividend yield of 3.2%. The ex-dividend date was Wednesday, April 1st. Ingredion’s dividend payout ratio is 31.60%.

Analysts Set New Price Targets

INGR has been the topic of a number of analyst reports. Wall Street Zen lowered Ingredion from a “buy” rating to a “hold” rating in a report on Saturday, January 31st. Weiss Ratings restated a “hold (c)” rating on shares of Ingredion in a report on Friday, March 27th. Oppenheimer dropped their price objective on Ingredion from $130.00 to $126.00 and set an “outperform” rating for the company in a report on Wednesday, April 22nd. BMO Capital Markets restated a “market perform” rating on shares of Ingredion in a report on Wednesday, February 4th. Finally, Jefferies Financial Group reaffirmed a “hold” rating on shares of Ingredion in a research report on Wednesday, February 4th. Two research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $122.43.

Ingredion Profile

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.