Ingredion Incorporated (NYSE:INGR) Given Consensus Rating of “Hold” by Analysts

Ingredion Incorporated (NYSE:INGR) has been assigned a consensus recommendation of “Hold” from the nine brokerages that are covering the firm, MarketBeat Ratings reports. Eight analysts have rated the stock with a hold rating and one has given a buy rating to the company. The average 1-year target price among brokers that have covered the stock in the last year is $121.2857.

Several equities research analysts recently commented on the stock. Barclays cut their price objective on shares of Ingredion from $120.00 to $118.00 and set an “equal weight” rating on the stock in a research report on Wednesday, August 5th. UBS Group increased their target price on Ingredion from $104.00 to $108.00 and gave the stock a “neutral” rating in a report on Wednesday, August 5th. Oppenheimer downgraded Ingredion from an “outperform” rating to a “market perform” rating in a research note on Monday, June 8th. Zacks Research raised Ingredion from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 14th. Finally, Benchmark reiterated a “buy” rating on shares of Ingredion in a report on Tuesday, June 9th.

Ingredion Trading Up 1.8%

NYSE:INGR opened at $107.37 on Friday. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.80 and a quick ratio of 1.92. The business’s 50-day simple moving average is $100.61 and its 200-day simple moving average is $107.41. Ingredion has a fifty-two week low of $94.44 and a fifty-two week high of $130.48. The stock has a market capitalization of $6.77 billion, a PE ratio of 11.71, a price-to-earnings-growth ratio of 0.90 and a beta of 0.62.

Ingredion (NYSE:INGR) last posted its earnings results on Tuesday, August 4th. The company reported $2.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.71 by $0.11. The business had revenue of $1.85 billion during the quarter, compared to analysts’ expectations of $1.83 billion. Ingredion had a return on equity of 15.40% and a net margin of 8.21%.Ingredion’s revenue for the quarter was up .9% compared to the same quarter last year. During the same period in the prior year, the business earned $2.87 EPS. Ingredion has set its FY 2026 guidance at 10.300-10.900 EPS. Sell-side analysts expect that Ingredion will post 10.6 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Ingredion news, Director David B. Fischer sold 1,662 shares of the company’s stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $102.31, for a total transaction of $170,039.22. Following the completion of the transaction, the director owned 19,930 shares of the company’s stock, valued at $2,039,038.30. This represents a 7.70% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 1.60% of the stock is currently owned by company insiders.

Institutional Trading of Ingredion

A number of institutional investors have recently made changes to their positions in INGR. Vanguard Group Inc. grew its position in Ingredion by 2.9% in the fourth quarter. Vanguard Group Inc. now owns 7,487,354 shares of the company’s stock valued at $825,556,000 after purchasing an additional 208,606 shares in the last quarter. BlackRock Inc. bought a new stake in Ingredion during the 2nd quarter worth about $618,834,000. Dimensional Fund Advisors LP lifted its position in Ingredion by 6.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 3,115,136 shares of the company’s stock worth $350,952,000 after buying an additional 175,600 shares in the last quarter. First Trust Advisors LP boosted its stake in shares of Ingredion by 53.1% during the 1st quarter. First Trust Advisors LP now owns 3,054,149 shares of the company’s stock worth $344,080,000 after buying an additional 1,059,324 shares during the last quarter. Finally, AQR Capital Management LLC boosted its stake in shares of Ingredion by 53.3% during the 4th quarter. AQR Capital Management LLC now owns 1,826,018 shares of the company’s stock worth $201,337,000 after buying an additional 634,900 shares during the last quarter. Institutional investors own 85.27% of the company’s stock.

Ingredion Company 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.