Optas LLC Makes New $678,000 Investment in Ingredion Incorporated $INGR

Optas LLC acquired a new position in shares of Ingredion Incorporated (NYSE:INGR) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 6,150 shares of the company’s stock, valued at approximately $678,000.

Other hedge funds also recently modified their holdings of the company. WPG Advisers LLC grew its holdings in shares of Ingredion by 100.8% during the third quarter. WPG Advisers LLC now owns 245 shares of the company’s stock valued at $30,000 after buying an additional 123 shares in the last quarter. Root Financial Partners LLC purchased a new position in Ingredion during the 3rd quarter valued at about $36,000. Capital Advisors Ltd. LLC increased its holdings in shares of Ingredion by 40.5% in the 4th quarter. Capital Advisors Ltd. LLC now owns 354 shares of the company’s stock valued at $39,000 after purchasing an additional 102 shares during the period. Caitong International Asset Management Co. Ltd increased its holdings in shares of Ingredion by 166.4% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 381 shares of the company’s stock valued at $47,000 after purchasing an additional 238 shares during the period. Finally, SJS Investment Consulting Inc. lifted its position in shares of Ingredion by 4,000.0% in the third quarter. SJS Investment Consulting Inc. now owns 410 shares of the company’s stock worth $50,000 after purchasing an additional 400 shares in the last quarter. Hedge funds and other institutional investors own 85.27% of the company’s stock.

Analyst Ratings Changes

Several analysts recently commented on INGR shares. Weiss Ratings restated a “hold (c)” rating on shares of Ingredion in a report on Friday, March 27th. Jefferies Financial Group reiterated a “hold” rating on shares of Ingredion in a research report on Wednesday, February 4th. Wall Street Zen lowered shares of Ingredion from a “buy” rating to a “hold” rating in a research note on Saturday, January 31st. UBS Group lowered their price target on shares of Ingredion from $124.00 to $122.00 and set a “neutral” rating on the stock in a report on Thursday, April 9th. Finally, BMO Capital Markets reiterated a “market perform” rating on shares of Ingredion in a report on Wednesday, February 4th. Two equities 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 company currently has a consensus rating of “Hold” and a consensus target price of $126.14.

Ingredion Price Performance

NYSE INGR opened at $114.33 on Tuesday. Ingredion Incorporated has a fifty-two week low of $102.31 and a fifty-two week high of $141.78. The stock’s 50-day moving average is $114.11 and its two-hundred day moving average is $113.62. The firm has a market cap of $7.21 billion, a P/E ratio of 10.24, a price-to-earnings-growth ratio of 0.91 and a beta of 0.70. The company has a debt-to-equity ratio of 0.41, a current ratio of 2.66 and a quick ratio of 1.73.

Ingredion (NYSE:INGR) last released its quarterly earnings results on Tuesday, February 3rd. The company reported $2.53 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.59 by ($0.06). Ingredion had a return on equity of 17.32% and a net margin of 10.10%.The company had revenue of $1.76 billion for the quarter, compared to the consensus estimate of $1.78 billion. During the same quarter last year, the company posted $2.63 EPS. The business’s revenue was down 2.4% compared to the same quarter last year. Ingredion has set its FY 2026 guidance at 11.000-11.8 EPS. On average, analysts anticipate that Ingredion Incorporated will post 11.52 earnings per share for the current fiscal year.

Ingredion Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 21st. Stockholders of record on Wednesday, April 1st will be paid a $0.82 dividend. This represents a $3.28 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date is Wednesday, April 1st. Ingredion’s payout ratio is presently 29.39%.

Insider Buying and Selling

In related news, SVP Larry Fernandes sold 1,125 shares of Ingredion stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $116.55, for a total value of $131,118.75. Following the transaction, the senior vice president owned 30,514 shares in the company, valued at $3,556,406.70. This trade represents a 3.56% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO James P. Zallie sold 9,958 shares of the business’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 transaction, the chief executive officer directly owned 33,011 shares of the company’s stock, valued at approximately $3,847,432.05. This represents a 23.17% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 48,686 shares of company stock valued at $5,784,010. Company insiders own 1.80% 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.