LSV Asset Management Decreases Position in Ingredion Incorporated $INGR

LSV Asset Management decreased its stake in Ingredion Incorporated (NYSE:INGR) by 0.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,992,837 shares of the company’s stock after selling 7,010 shares during the period. LSV Asset Management owned approximately 3.14% of Ingredion worth $219,730,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Cooke & Bieler LP boosted its position in shares of Ingredion by 16.0% in the third quarter. Cooke & Bieler LP now owns 903,346 shares of the company’s stock worth $110,308,000 after buying an additional 124,517 shares during the period. Dover Advisors LLC purchased a new stake in shares of Ingredion in the third quarter worth about $1,710,000. Oxbow Advisors LLC purchased a new stake in shares of Ingredion in the third quarter worth about $2,784,000. Algert Global LLC boosted its position in shares of Ingredion by 75.7% in the third quarter. Algert Global LLC now owns 105,598 shares of the company’s stock worth $12,895,000 after buying an additional 45,510 shares during the period. Finally, Y Intercept Hong Kong Ltd boosted its position in shares of Ingredion by 479.3% in the third quarter. Y Intercept Hong Kong Ltd now owns 24,434 shares of the company’s stock worth $2,984,000 after buying an additional 20,216 shares during the period. Hedge funds and other institutional investors own 85.27% of the company’s stock.

Wall Street Analyst Weigh In

INGR has been the subject of several analyst reports. Wall Street Zen downgraded Ingredion from a “buy” rating to a “hold” rating in a research report on Saturday, January 31st. Benchmark initiated coverage on Ingredion in a research report on Tuesday, March 17th. They issued a “buy” rating and a $130.00 target price for the company. Barclays decreased their target price on Ingredion from $128.00 to $120.00 and set an “equal weight” rating for the company in a research report on Wednesday, May 6th. Zacks Research cut Ingredion from a “hold” rating to a “strong sell” rating in a research note on Tuesday. Finally, Stephens reiterated an “equal weight” rating and issued a $120.00 price target on shares of Ingredion in a research note on Wednesday, February 4th. Two investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Ingredion presently has an average rating of “Hold” and a consensus target price of $122.43.

Ingredion Trading Up 0.3%

NYSE:INGR opened at $102.46 on Friday. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.83 and a current ratio of 2.76. Ingredion Incorporated has a one year low of $98.29 and a one year high of $140.47. The business’s 50-day simple moving average is $110.21 and its 200 day simple moving average is $111.79. The stock has a market cap of $6.46 billion, a price-to-earnings ratio of 9.87, a price-to-earnings-growth ratio of 0.85 and a beta of 0.64.

Ingredion (NYSE:INGR) last released its quarterly earnings results on Tuesday, May 5th. The company reported $2.34 EPS for the quarter, missing the consensus estimate of $2.44 by ($0.10). Ingredion had a return on equity of 15.86% and a net margin of 9.36%.The business had revenue of $1.79 billion during the quarter, compared to analyst estimates of $1.79 billion. During the same quarter last year, the firm posted $2.97 EPS. The company’s revenue was down 1.2% compared to the same quarter last year. Ingredion has set its FY 2026 guidance at 10.450-11.150 EPS. As a group, sell-side analysts predict that Ingredion Incorporated will post 10.88 earnings per share for the current fiscal year.

Ingredion Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 21st. Shareholders of record on Wednesday, July 1st will be issued a dividend of $0.82 per share. This represents a $3.28 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date of this dividend is Wednesday, July 1st. Ingredion’s dividend payout ratio (DPR) is currently 31.60%.

Insider Activity at Ingredion

In other news, VP Davida Marie Gable sold 375 shares of Ingredion stock in a transaction that occurred 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 owned 7,110 shares in the company, valued at approximately $799,448.40. This trade represents a 5.01% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 1.60% of the company’s stock.

About Ingredion

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.