Inscription Capital LLC Lowers Stock Position in Ingredion Incorporated $INGR

Inscription Capital LLC decreased its holdings in shares of Ingredion Incorporated (NYSE:INGR) by 66.3% during the 4th quarter, HoldingsChannel.com reports. The firm owned 2,347 shares of the company’s stock after selling 4,626 shares during the period. Inscription Capital LLC’s holdings in Ingredion were worth $259,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of the business. WPG Advisers LLC boosted its stake in shares of Ingredion by 100.8% in 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 stake in shares of Ingredion during the 3rd quarter worth $36,000. Capital Advisors Ltd. LLC grew its stake in shares of Ingredion by 40.5% during the 4th quarter. Capital Advisors Ltd. LLC now owns 354 shares of the company’s stock worth $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 in the last quarter. Finally, SJS Investment Consulting Inc. lifted its stake 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 valued at $50,000 after purchasing an additional 400 shares during the period. 85.27% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Ingredion news, SVP Larry Fernandes sold 3,630 shares of the firm’s stock in a transaction on Wednesday, February 11th. The stock was sold at an average price of $118.40, for a total transaction of $429,792.00. Following the completion of the transaction, the senior vice president owned 32,055 shares of the company’s stock, valued at approximately $3,795,312. This trade represents a 10.17% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, VP Davida Marie Gable sold 375 shares of the business’s stock in a transaction on Wednesday, March 18th. The stock was sold at an average price of $112.44, for a total value of $42,165.00. Following the completion of the transaction, the vice president directly owned 7,110 shares of the company’s stock, valued at approximately $799,448.40. This trade represents a 5.01% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 48,686 shares of company stock valued at $5,784,010. Corporate insiders own 1.60% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the stock. BMO Capital Markets restated a “market perform” rating on shares of Ingredion in a research report on Wednesday, February 4th. Wall Street Zen lowered Ingredion from a “buy” rating to a “hold” rating in a research note on Saturday, January 31st. Stephens restated an “equal weight” rating and issued a $120.00 price target on shares of Ingredion in a report on Wednesday, February 4th. Oppenheimer dropped their price objective on Ingredion from $130.00 to $126.00 and set an “outperform” rating for the company in a research note on Wednesday, April 22nd. Finally, Benchmark assumed coverage on Ingredion in a research report on Tuesday, March 17th. They set a “buy” rating and a $130.00 target price on the stock. Two investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $124.71.

Ingredion Stock Performance

Shares of INGR opened at $111.79 on Thursday. 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 stock has a market cap of $7.05 billion, a P/E ratio of 10.02, a PEG ratio of 0.90 and a beta of 0.70. The company has a 50-day moving average of $113.38 and a two-hundred day moving average of $113.29. Ingredion Incorporated has a 12-month low of $102.31 and a 12-month high of $141.78.

Ingredion (NYSE:INGR) last released its quarterly earnings results on Tuesday, February 3rd. The company reported $2.53 EPS for the quarter, missing the consensus estimate of $2.59 by ($0.06). Ingredion had a net margin of 10.10% and a return on equity of 17.32%. The business had revenue of $1.76 billion during the quarter, compared to analyst estimates of $1.78 billion. During the same quarter in the prior year, the company earned $2.63 earnings per share. The firm’s revenue for the quarter was down 2.4% compared to the same quarter last year. Ingredion has set its FY 2026 guidance at 11.000-11.8 EPS. As a group, research analysts predict that Ingredion Incorporated will post 11.38 EPS for the current fiscal year.

Ingredion Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 21st. Shareholders of record on Wednesday, April 1st were issued a dividend of $0.82 per share. This represents a $3.28 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date was Wednesday, April 1st. Ingredion’s dividend payout ratio is 29.39%.

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.