Dimensional Fund Advisors LP Increases Position in Ingredion Incorporated $INGR

Dimensional Fund Advisors LP boosted its position in Ingredion Incorporated (NYSE:INGR) by 4.3% in the 3rd quarter, Holdings Channel reports. The fund owned 2,762,402 shares of the company’s stock after purchasing an additional 114,521 shares during the period. Dimensional Fund Advisors LP’s holdings in Ingredion were worth $337,311,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of INGR. Cresset Asset Management LLC boosted its holdings in shares of Ingredion by 0.7% during the third quarter. Cresset Asset Management LLC now owns 117,199 shares of the company’s stock worth $14,311,000 after purchasing an additional 796 shares during the last quarter. Picton Mahoney Asset Management lifted its position in Ingredion by 170,187.5% during the third quarter. Picton Mahoney Asset Management now owns 13,623 shares of the company’s stock worth $1,665,000 after buying an additional 13,615 shares during the period. Victory Capital Management Inc. boosted its stake in Ingredion by 7.8% in the 3rd quarter. Victory Capital Management Inc. now owns 282,193 shares of the company’s stock worth $34,459,000 after buying an additional 20,339 shares during the last quarter. Focus Partners Advisor Solutions LLC grew its holdings in Ingredion by 72.6% in the 3rd quarter. Focus Partners Advisor Solutions LLC now owns 3,598 shares of the company’s stock valued at $411,000 after buying an additional 1,514 shares during the period. Finally, 111 Capital increased its stake in shares of Ingredion by 88.0% during the 3rd quarter. 111 Capital now owns 4,249 shares of the company’s stock valued at $519,000 after acquiring an additional 1,989 shares during the last quarter. 85.27% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, SVP Larry Fernandes sold 1,125 shares of Ingredion stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $116.55, for a total transaction of $131,118.75. Following the sale, 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 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 in the company, valued at approximately $3,847,432.05. The trade was a 23.17% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 48,310 shares of company stock worth $5,741,733. Company insiders own 2.30% of the company’s stock.

Ingredion Stock Performance

Shares of INGR stock opened at $112.90 on Friday. The company has a current ratio of 2.66, a quick ratio of 1.73 and a debt-to-equity ratio of 0.41. The company has a market cap of $7.11 billion, a PE ratio of 10.12, a P/E/G ratio of 0.90 and a beta of 0.69. The company’s fifty day simple moving average is $115.58 and its 200-day simple moving average is $116.66. Ingredion Incorporated has a 52 week low of $102.31 and a 52 week high of $141.78.

Ingredion (NYSE:INGR) last announced its quarterly earnings results on Tuesday, February 3rd. The company reported $2.53 earnings per share for the quarter, missing analysts’ consensus estimates of $2.59 by ($0.06). Ingredion had a return on equity of 17.32% and a net margin of 10.10%.The business had revenue of $1.76 billion for the quarter, compared to analysts’ expectations of $1.78 billion. During the same period last year, the company posted $2.63 earnings per share. The firm’s revenue for the quarter was down 2.4% on a year-over-year basis. Ingredion has set its FY 2026 guidance at 11.000-11.8 EPS. As a group, equities research analysts anticipate that Ingredion Incorporated will post 11.14 EPS for the current year.

Ingredion Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, January 20th. Investors of record on Friday, January 2nd were issued a dividend of $0.82 per share. This represents a $3.28 annualized dividend and a dividend yield of 2.9%. The ex-dividend date was Friday, January 2nd. Ingredion’s dividend payout ratio (DPR) is presently 29.39%.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on INGR. Stephens reissued an “equal weight” rating and issued a $120.00 target price on shares of Ingredion in a research report on Wednesday, February 4th. iA Financial set a $124.00 price target on shares of Ingredion in a report on Thursday, November 6th. UBS Group upped their price objective on Ingredion from $119.00 to $124.00 and gave the stock a “neutral” rating in a report on Thursday, February 5th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Ingredion in a research report on Monday, December 29th. Finally, BMO Capital Markets reissued a “market perform” rating on shares of Ingredion in a research report on Wednesday, February 4th. One research analyst has rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $125.83.

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.