International Flavors & Fragrances (NYSE:IFF) Stock Price Target Raised at JPMorgan Chase & Co.

International Flavors & Fragrances (NYSE:IFF) had its target price raised by JPMorgan Chase & Co. from $92.00 to $95.00 in a research report report published on Thursday,Benzinga reports. JPMorgan Chase & Co. currently has an overweight rating on the specialty chemicals company’s stock.

IFF has been the subject of several other reports. Vertical Research cut International Flavors & Fragrances from a “buy” rating to a “hold” rating and set a $93.00 price target for the company. in a report on Thursday, August 6th. Barclays upped their price objective on International Flavors & Fragrances from $96.00 to $105.00 and gave the stock an “overweight” rating in a report on Friday, October 16th. Citigroup increased their price objective on International Flavors & Fragrances from $100.00 to $105.00 and gave the stock a “buy” rating in a research report on Thursday. UBS Group increased their price objective on International Flavors & Fragrances from $84.00 to $91.00 and gave the stock a “neutral” rating in a research report on Thursday, August 6th. Finally, Zacks Research raised International Flavors & Fragrances from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 20th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, International Flavors & Fragrances has an average rating of “Moderate Buy” and a consensus price target of $94.99.

International Flavors & Fragrances Trading Down 1.3%

Shares of International Flavors & Fragrances stock opened at $86.54 on Thursday. The company has a current ratio of 1.87, a quick ratio of 1.72 and a debt-to-equity ratio of 0.36. The company has a fifty day simple moving average of $87.17 and a 200-day simple moving average of $78.92. The stock has a market cap of $22.08 billion, a price-to-earnings ratio of 121.88, a PEG ratio of 3.76 and a beta of 0.86. International Flavors & Fragrances has a 12-month low of $61.72 and a 12-month high of $95.27.

International Flavors & Fragrances (NYSE:IFF) last announced its earnings results on Tuesday, November 3rd. The specialty chemicals company reported $0.83 EPS for the quarter, beating analysts’ consensus estimates of $0.81 by $0.02. The business had revenue of $1.94 billion for the quarter, compared to analysts’ expectations of $1.91 billion. International Flavors & Fragrances had a net margin of 1.97% and a return on equity of 6.82%. The company’s quarterly revenue was up 3.9% on a year-over-year basis. During the same period in the previous year, the company posted $1.05 EPS. On average, equities analysts forecast that International Flavors & Fragrances will post 3.24 EPS for the current fiscal year.

International Flavors & Fragrances Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 13th. Stockholders of record on Saturday, December 19th will be given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date of this dividend is Friday, December 18th. International Flavors & Fragrances’s payout ratio is currently 225.35%.

International Flavors & Fragrances declared that its Board of Directors has authorized a stock buyback plan on Tuesday, August 4th that allows the company to repurchase $2.50 billion in shares. This repurchase authorization allows the specialty chemicals company to repurchase up to 12.1% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s board of directors believes its stock is undervalued.

Insider Activity at International Flavors & Fragrances

In related news, insider De Mendonca Ana Paula Teles sold 5,718 shares of the firm’s stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $83.19, for a total value of $475,680.42. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 1.07% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On International Flavors & Fragrances

A number of hedge funds have recently made changes to their positions in IFF. Korea Investment CORP acquired a new stake in International Flavors & Fragrances during the 2nd quarter worth about $3,170,000. QRG Capital Management Inc. boosted its holdings in shares of International Flavors & Fragrances by 815.7% in the second quarter. QRG Capital Management Inc. now owns 35,485 shares of the specialty chemicals company’s stock worth $2,811,000 after buying an additional 31,610 shares during the period. Empowered Funds LLC acquired a new position in shares of International Flavors & Fragrances in the second quarter worth about $3,203,000. Murphy Pohlad Asset Management LLC purchased a new position in shares of International Flavors & Fragrances in the second quarter worth approximately $1,481,000. Finally, Nykredit A S purchased a new position in shares of International Flavors & Fragrances in the second quarter worth approximately $223,065,000. Hedge funds and other institutional investors own 96.02% of the company’s stock.

Key Headlines Impacting International Flavors & Fragrances

Here are the key news stories impacting International Flavors & Fragrances this week:

• Positive Sentiment: Three firms raised their price targets: Citigroup lifted its target to $105 and maintained a buy rating; JPMorgan raised its target to $95 and kept an overweight rating; UBS also raised its target to $95, while retaining a neutral rating. Citigroup price target update JPMorgan price target update UBS price target update
• Positive Sentiment: IFF beat Q3 adjusted earnings and revenue estimates, with growth in Taste and Scent. The company also raised its 2026 guidance, providing evidence of business momentum. Q3 earnings and segment strength
• Neutral Sentiment: The analyst target increases point to potential upside from the cited share price, but ratings range from neutral to buy, indicating differing views on the shares.
• Negative Sentiment: Despite the Q3 beat, reports highlighted a cautious Q4 profit outlook and rising costs as risks to near-term earnings. Those concerns may temper the positive impact of the results and annual guidance update. Outlook and cost concerns

International Flavors & Fragrances Company Profile

International Flavors & Fragrances Inc (NYSE:IFF) develops and manufactures ingredients, flavor systems, fragrances and specialty solutions used in consumer and industrial products. Its offerings support food and beverage manufacturers, fragrance and personal care companies, household-product makers, pharmaceutical businesses and other customers.

The company’s portfolio includes flavors for beverages, dairy products, sweet goods, savory foods and other applications; fragrances for fine fragrance, personal care and home care products; and functional ingredients, enzymes, cultures, natural extracts and other specialty materials.