Landscape Capital Management L.L.C. Takes Position in Ingredion Incorporated $INGR

Landscape Capital Management L.L.C. purchased a new position in Ingredion Incorporated (NYSE:INGR) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 5,061 shares of the company’s stock, valued at approximately $479,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. International Assets Investment Management LLC acquired a new stake in Ingredion during the fourth quarter valued at approximately $30,000. GHP Investment Advisors Inc. acquired a new position in shares of Ingredion in the 1st quarter worth approximately $33,000. Bell Investment Advisors Inc bought a new stake in shares of Ingredion in the 2nd quarter valued at approximately $34,000. Los Angeles Capital Management LLC bought a new stake in shares of Ingredion in the 4th quarter valued at approximately $36,000. Finally, Root Financial Partners LLC raised its position in shares of Ingredion by 83.7% during the 1st quarter. Root Financial Partners LLC now owns 371 shares of the company’s stock valued at $42,000 after acquiring an additional 169 shares in the last quarter. 85.27% of the stock is owned by institutional investors.

Insider Activity at Ingredion

In related news, Director David B. Fischer sold 1,662 shares of the business’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 sale, the director owned 19,930 shares of the company’s stock, valued at $2,039,038.30. The trade was a 7.70% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 1.60% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several brokerages recently issued reports on INGR. UBS Group raised their price objective on Ingredion from $104.00 to $108.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 5th. Weiss Ratings lowered shares of Ingredion from a “hold (c)” rating to a “hold (c-)” rating in a research note on Wednesday, July 8th. Zacks Research raised shares of Ingredion from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 14th. Oppenheimer downgraded shares of Ingredion from an “outperform” rating to a “market perform” rating in a research report on Monday, June 8th. Finally, Barclays decreased their price target on shares of Ingredion from $120.00 to $118.00 and set an “equal weight” rating for the company in a report on Wednesday, August 5th. One investment analyst has rated the stock with a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $121.29.

Ingredion Stock Performance

Shares of INGR opened at $106.95 on Monday. The firm has a 50-day moving average price of $100.84 and a 200 day moving average price of $107.26. The firm has a market capitalization of $6.74 billion, a PE ratio of 11.66, a P/E/G ratio of 0.92 and a beta of 0.62. The company has a quick ratio of 1.92, a current ratio of 2.80 and a debt-to-equity ratio of 0.39. Ingredion Incorporated has a 52-week low of $94.44 and a 52-week high of $130.48.

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

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.