WINTON GROUP Ltd Makes New $6.40 Million Investment in Ingredion Incorporated $INGR

WINTON GROUP Ltd purchased a new position in shares of Ingredion Incorporated (NYSE:INGR) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 58,072 shares of the company’s stock, valued at approximately $6,403,000.

Several other hedge funds also recently modified their holdings of INGR. International Assets Investment Management LLC acquired a new stake in shares of Ingredion during the 4th quarter worth about $30,000. Capital Advisors Ltd. LLC boosted 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 last quarter. Ares Financial Consulting LLC acquired a new stake in shares of Ingredion during the 4th quarter worth about $46,000. Caitong International Asset Management Co. Ltd boosted its stake in shares of Ingredion by 166.4% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 381 shares of the company’s stock worth $47,000 after purchasing an additional 238 shares during the last quarter. Finally, Hantz Financial Services Inc. boosted its stake in shares of Ingredion by 65.5% during the 3rd quarter. Hantz Financial Services Inc. now owns 422 shares of the company’s stock worth $52,000 after purchasing an additional 167 shares during the last quarter. 85.27% of the stock is owned by institutional investors and hedge funds.

Ingredion Trading Up 0.7%

NYSE INGR opened at $100.11 on Friday. Ingredion Incorporated has a one year low of $98.29 and a one year high of $140.47. The company’s 50 day moving average price is $108.36 and its 200 day moving average price is $111.33. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.83 and a current ratio of 2.76. The firm has a market capitalization of $6.31 billion, a price-to-earnings ratio of 9.64, a PEG ratio of 0.84 and a beta of 0.60.

Ingredion (NYSE:INGR) last released its quarterly earnings data on Tuesday, May 5th. The company reported $2.34 earnings per share (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 for the quarter, compared to analysts’ expectations of $1.79 billion. During the same quarter in the prior year, the firm earned $2.97 earnings per share. Ingredion’s quarterly 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. On average, sell-side analysts predict that Ingredion Incorporated will post 10.88 EPS for the current year.

Ingredion Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 21st. Shareholders of record on Wednesday, July 1st will be paid a dividend of $0.82 per share. This represents a $3.28 annualized dividend and a yield of 3.3%. The ex-dividend date is Wednesday, July 1st. Ingredion’s payout ratio is currently 31.60%.

Insider Transactions at Ingredion

In other Ingredion news, VP Davida Marie Gable sold 375 shares of the business’s stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $112.44, for a total transaction of $42,165.00. Following the completion of the sale, the vice president directly owned 7,110 shares in the company, valued at $799,448.40. The trade was a 5.01% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.60% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

INGR has been the topic of several analyst reports. UBS Group reaffirmed a “neutral” rating and set a $114.00 price target on shares of Ingredion in a research note on Thursday, May 7th. Barclays cut their price objective on shares of Ingredion from $128.00 to $120.00 and set an “equal weight” rating on the stock in a report on Wednesday, May 6th. Zacks Research lowered shares of Ingredion from a “hold” rating to a “strong sell” rating in a report on Tuesday, May 19th. Weiss Ratings reiterated a “hold (c)” rating on shares of Ingredion in a report on Friday, March 27th. Finally, Benchmark initiated coverage on shares of Ingredion in a report on Tuesday, March 17th. They set a “buy” rating and a $130.00 price objective on the stock. Two analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Ingredion has an average rating of “Hold” and a consensus price target of $122.43.

Ingredion 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.