Carnegie Lake Advisors LLC reduced its holdings in Ingredion Incorporated (NYSE:INGR – Free Report) by 71.6% during the 3rd quarter, Holdings Channel reports. The fund owned 8,064 shares of the company’s stock after selling 20,286 shares during the quarter. Ingredion makes up approximately 0.7% of Carnegie Lake Advisors LLC’s portfolio, making the stock its 19th biggest position. Carnegie Lake Advisors LLC’s holdings in Ingredion were worth $773,000 as of its most recent SEC filing.
A number of other large investors have also bought and sold shares of the business. Glenview Trust Co increased its holdings in Ingredion by 4.1% during the 3rd quarter. Glenview Trust Co now owns 3,034 shares of the company’s stock valued at $291,000 after purchasing an additional 120 shares in the last quarter. Nisa Investment Advisors LLC increased its position in Ingredion by 0.6% in the 3rd quarter. Nisa Investment Advisors LLC now owns 24,795 shares of the company’s stock valued at $2,376,000 after acquiring an additional 141 shares in the last quarter. Lazard Asset Management LLC increased its position in Ingredion by 0.4% in the 1st quarter. Lazard Asset Management LLC now owns 32,525 shares of the company’s stock valued at $3,664,000 after acquiring an additional 143 shares in the last quarter. Net Worth Advisory Group increased its position in Ingredion by 2.9% in the 3rd quarter. Net Worth Advisory Group now owns 5,320 shares of the company’s stock valued at $505,000 after acquiring an additional 148 shares in the last quarter. Finally, Stephens Inc. AR raised its stake in shares of Ingredion by 5.4% in the first quarter. Stephens Inc. AR now owns 3,485 shares of the company’s stock worth $393,000 after acquiring an additional 180 shares during the last quarter. 85.27% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
A number of equities analysts have recently issued reports on INGR shares. Weiss Ratings upgraded shares of Ingredion from a “hold (c-)” rating to a “hold (c)” rating in a research report on Friday, October 23rd. UBS Group decreased their price target on shares of Ingredion from $108.00 to $104.00 and set a “neutral” rating on the stock in a research note on Monday, October 5th. Zacks Research raised shares of Ingredion from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 14th. Stephens dropped their price objective on shares of Ingredion from $105.00 to $100.00 and set an “equal weight” rating for the company in a research report on Friday. Finally, Barclays reduced their price objective on Ingredion from $118.00 to $115.00 and set an “equal weight” rating on the stock in a report on Wednesday, October 14th. One research analyst has rated the stock with a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $115.00.
Get Our Latest Research Report on INGR
Ingredion Stock Down 0.3%
NYSE:INGR opened at $91.46 on Monday. The firm has a market capitalization of $5.77 billion, a P/E ratio of 10.41, a P/E/G ratio of 0.79 and a beta of 0.63. Ingredion Incorporated has a 12-month low of $90.18 and a 12-month high of $123.49. The stock’s fifty day simple moving average is $97.65 and its 200-day simple moving average is $105.27. The company has a quick ratio of 1.36, a current ratio of 2.01 and a debt-to-equity ratio of 0.27.
Ingredion (NYSE:INGR – Get Free Report) last announced its quarterly earnings results on Thursday, November 5th. The company reported $2.28 EPS for the quarter, missing analysts’ consensus estimates of $2.59 by ($0.31). The company had revenue of $1.79 billion during the quarter, compared to the consensus estimate of $1.80 billion. Ingredion had a net margin of 7.83% and a return on equity of 14.36%. The business’s revenue was down 1.3% compared to the same quarter last year. During the same period last year, the company earned $2.75 earnings per share. Equities research analysts expect that Ingredion Incorporated will post 10.62 earnings per share for the current year.
Ingredion Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 20th. Investors of record on Thursday, October 1st were issued a dividend of $0.83 per share. This is an increase from Ingredion’s previous quarterly dividend of $0.82. This represents a $3.32 dividend on an annualized basis and a yield of 3.6%. The ex-dividend date was Thursday, October 1st. Ingredion’s dividend payout ratio is presently 37.77%.
Trending Headlines about Ingredion
Here are the key news stories impacting Ingredion this week:
- Positive Sentiment: Texture & Health Solutions posted its 10th consecutive quarter of sales-volume growth, with share gains in strategic categories and continued global growth in clean-label products. Ingredion third-quarter results
- Neutral Sentiment: Stephens cut its price target to $100 from $105 but maintained an “equal weight” rating; the new target still implies potential upside from the quoted $91.46 price. Stephens stock recommendations
- Negative Sentiment: Third-quarter adjusted EPS of $2.28 missed analyst estimates of about $2.55–$2.59 and fell from $2.75 a year earlier. Revenue was $1.79 billion, slightly below expectations and down 1.3% year over year; reported and adjusted operating income both declined 19%. Ingredion Q3 earnings miss estimates
- Negative Sentiment: Higher manufacturing costs and softer demand squeezed margins, prompting Ingredion to lower its 2026 adjusted EPS outlook to $9.25–$9.70. The earnings shortfall and reduced guidance are likely the main drivers of the stock’s decline. Higher costs hurt margins and outlook
About Ingredion
Ingredion Incorporated is a global ingredient solutions company that transforms corn, tapioca, potato and other plant-based materials into ingredients used by manufacturers. Its products include starches, sweeteners, glucose syrups, dextrose, maltodextrins, plant proteins and texturizers.
The company’s ingredients are used in food and beverages, as well as in applications such as animal nutrition, brewing, pharmaceuticals, paper and packaging. Ingredion works with customers to develop ingredients and formulations that support product texture, taste, nutrition and performance.
Ingredion serves customers across markets worldwide, including North America, South America, Asia-Pacific, Europe, the Middle East and Africa.
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