Zacks Research Has Bullish Forecast for IFF FY2026 Earnings

International Flavors & Fragrances Inc. (NYSE:IFF) – Investment analysts at Zacks Research lifted their FY2026 earnings estimates for shares of International Flavors & Fragrances in a research note issued on Wednesday, March 26th. Zacks Research analyst R. Department now forecasts that the specialty chemicals company will earn $4.24 per share for the year, up from their previous estimate of $4.23. The consensus estimate for International Flavors & Fragrances’ current full-year earnings is $4.32 per share.

International Flavors & Fragrances (NYSE:IFF) last issued its quarterly earnings data on Tuesday, February 18th. The specialty chemicals company reported $0.97 EPS for the quarter, topping analysts’ consensus estimates of $0.83 by $0.14. The company had revenue of $2.77 billion during the quarter, compared to the consensus estimate of $2.67 billion. International Flavors & Fragrances had a net margin of 2.12% and a return on equity of 7.72%.

Other equities analysts have also issued research reports about the company. Argus upgraded International Flavors & Fragrances from a “hold” rating to a “buy” rating in a research note on Tuesday, January 7th. Barclays reduced their price objective on shares of International Flavors & Fragrances from $83.00 to $82.00 and set an “equal weight” rating for the company in a research note on Thursday, March 27th. Citigroup lowered their target price on shares of International Flavors & Fragrances from $110.00 to $105.00 and set a “buy” rating for the company in a research note on Wednesday, December 18th. Stifel Nicolaus reduced their price target on International Flavors & Fragrances from $113.00 to $105.00 and set a “buy” rating on the stock in a research report on Monday, February 3rd. Finally, Bank of America dropped their target price on International Flavors & Fragrances from $105.00 to $101.00 and set a “buy” rating on the stock in a research note on Thursday, February 20th. One research analyst has rated the stock with a sell rating, two have given a hold rating and eleven have assigned a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $103.31.

International Flavors & Fragrances Trading Down 0.3 %

IFF opened at $77.40 on Monday. The company has a current ratio of 1.84, a quick ratio of 1.93 and a debt-to-equity ratio of 0.54. The firm has a market cap of $19.79 billion, a price-to-earnings ratio of 82.34, a PEG ratio of 1.45 and a beta of 1.21. International Flavors & Fragrances has a 12 month low of $75.73 and a 12 month high of $106.77. The stock has a fifty day moving average price of $82.25 and a 200-day moving average price of $89.42.

Institutional Investors Weigh In On International Flavors & Fragrances

Several hedge funds and other institutional investors have recently added to or reduced their stakes in IFF. SBI Securities Co. Ltd. purchased a new stake in shares of International Flavors & Fragrances in the fourth quarter worth about $32,000. Fairway Wealth LLC purchased a new stake in International Flavors & Fragrances in the 4th quarter worth approximately $34,000. Point72 Hong Kong Ltd acquired a new stake in shares of International Flavors & Fragrances during the 3rd quarter worth approximately $42,000. Rialto Wealth Management LLC purchased a new position in shares of International Flavors & Fragrances during the 4th quarter valued at approximately $42,000. Finally, Principal Securities Inc. lifted its stake in shares of International Flavors & Fragrances by 36.6% in the 4th quarter. Principal Securities Inc. now owns 638 shares of the specialty chemicals company’s stock valued at $54,000 after purchasing an additional 171 shares during the period. 96.02% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other International Flavors & Fragrances news, Director Kevin O’byrne bought 6,500 shares of the firm’s stock in a transaction that occurred on Wednesday, March 5th. The stock was bought at an average cost of $80.44 per share, for a total transaction of $522,860.00. Following the completion of the transaction, the director now directly owns 6,500 shares of the company’s stock, valued at approximately $522,860. This trade represents a ? increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.20% of the company’s stock.

International Flavors & Fragrances Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 11th. Shareholders of record on Friday, March 21st will be given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 2.07%. The ex-dividend date is Friday, March 21st. International Flavors & Fragrances’s dividend payout ratio is presently 170.21%.

About International Flavors & Fragrances

International Flavors & Fragrances, Inc engages in the manufacture and supply of flavors and fragrances used in the food, beverage, personal care, and household products industries. It operates through the following segments: Nourish, Health & Biosciences, Scent and Pharma Solutions. The Nourish segment consists of legacy Taste segment combined with N&B’s Food & Beverage division and the food protection business of N&B’s Health & Biosciences division.