Landscape Capital Management L.L.C. Grows Stake in Ingredion Incorporated $INGR

Landscape Capital Management L.L.C. raised its stake in Ingredion Incorporated (NYSE:INGR) by 80.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 17,128 shares of the company’s stock after purchasing an additional 7,631 shares during the quarter. Landscape Capital Management L.L.C.’s holdings in Ingredion were worth $1,889,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the stock. Vista Investment Management increased its position in shares of Ingredion by 0.8% during the second quarter. Vista Investment Management now owns 10,789 shares of the company’s stock worth $1,463,000 after acquiring an additional 89 shares during the last quarter. PNC Financial Services Group Inc. increased its position in shares of Ingredion by 0.4% during the fourth quarter. PNC Financial Services Group Inc. now owns 25,293 shares of the company’s stock worth $2,789,000 after acquiring an additional 91 shares during the last quarter. Teza Capital Management LLC increased its position in shares of Ingredion by 4.2% during the second quarter. Teza Capital Management LLC now owns 2,275 shares of the company’s stock worth $309,000 after acquiring an additional 92 shares during the last quarter. Murphy Pohlad Asset Management LLC increased its position in shares of Ingredion by 1.2% during the fourth quarter. Murphy Pohlad Asset Management LLC now owns 8,340 shares of the company’s stock worth $920,000 after acquiring an additional 95 shares during the last quarter. Finally, True Wealth Design LLC raised its position in shares of Ingredion by 22.5% in the 4th quarter. True Wealth Design LLC now owns 544 shares of the company’s stock valued at $60,000 after purchasing an additional 100 shares in the last quarter. 85.27% of the stock is owned by hedge funds and other institutional investors.

Ingredion Stock Down 0.2%

Shares of Ingredion stock opened at $101.42 on Tuesday. The company has a quick ratio of 1.83, a current ratio of 2.76 and a debt-to-equity ratio of 0.40. The firm has a market cap of $6.40 billion, a P/E ratio of 9.77, a P/E/G ratio of 0.85 and a beta of 0.60. Ingredion Incorporated has a fifty-two week low of $97.12 and a fifty-two week high of $140.47. The business has a 50-day moving average price of $107.06 and a 200 day moving average price of $111.12.

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

Ingredion Announces Dividend

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

Wall Street Analyst Weigh In

Several research firms have recently commented on INGR. Benchmark reiterated a “buy” rating on shares of Ingredion in a research note on Tuesday, June 9th. Zacks Research cut Ingredion from a “hold” rating to a “strong sell” rating in a research note on Tuesday, May 19th. UBS Group reiterated a “neutral” rating and set a $114.00 target price on shares of Ingredion in a research note on Thursday, May 7th. Barclays reduced their target price on Ingredion from $128.00 to $120.00 and set an “equal weight” rating for the company in a research note on Wednesday, May 6th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Ingredion in a research note on Friday, March 27th. One equities research analyst has rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $122.43.

Insiders Place Their Bets

In related news, VP Davida Marie Gable sold 375 shares of the business’s stock in a transaction dated 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 sale, the vice president directly owned 7,110 shares of the company’s stock, valued at $799,448.40. The trade was a 5.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 1.60% of the stock is currently owned by corporate insiders.

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.