Vista Investment Management Purchases Shares of 11,647 Ingredion Incorporated $INGR

Vista Investment Management acquired a new stake in Ingredion Incorporated (NYSE:INGR) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 11,647 shares of the company’s stock, valued at approximately $1,103,000.

A number of other institutional investors and hedge funds have also made changes to their positions in INGR. Fifth Third Wealth Advisors LLC raised its holdings in Ingredion by 4.1% in the first quarter. Fifth Third Wealth Advisors LLC now owns 2,221 shares of the company’s stock valued at $250,000 after acquiring an additional 88 shares in the last quarter. PNC Financial Services Group Inc. increased its position in shares of Ingredion by 0.4% in the 4th quarter. PNC Financial Services Group Inc. now owns 25,293 shares of the company’s stock valued at $2,789,000 after purchasing an additional 91 shares during the last quarter. Teza Capital Management LLC increased its position in shares of Ingredion by 4.2% in the 2nd quarter. Teza Capital Management LLC now owns 2,275 shares of the company’s stock valued at $309,000 after purchasing an additional 92 shares during the last quarter. Murphy Pohlad Asset Management LLC raised its holdings in shares of Ingredion by 1.2% in the 4th quarter. Murphy Pohlad Asset Management LLC now owns 8,340 shares of the company’s stock valued at $920,000 after purchasing an additional 95 shares in the last quarter. Finally, Venturi Wealth Management LLC raised its holdings in shares of Ingredion by 4.1% in the 1st quarter. Venturi Wealth Management LLC now owns 2,429 shares of the company’s stock valued at $274,000 after purchasing an additional 95 shares in the last quarter. 85.27% of the stock is owned by institutional investors and hedge funds.

Ingredion Price Performance

Shares of INGR opened at $106.95 on Friday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.92 and a current ratio of 2.80. Ingredion Incorporated has a fifty-two week low of $94.44 and a fifty-two week high of $130.48. The firm has a 50-day simple moving average of $100.84 and a 200-day simple moving average of $107.33. The company has a market capitalization of $6.74 billion, a price-to-earnings ratio of 11.66, a price-to-earnings-growth ratio of 0.92 and a beta of 0.62.

Ingredion (NYSE:INGR) last posted its quarterly earnings data on Tuesday, August 4th. The company reported $2.82 EPS for the quarter, beating the consensus estimate of $2.71 by $0.11. Ingredion had a return on equity of 15.40% and a net margin of 8.21%.The firm had revenue of $1.85 billion during the quarter, compared to the consensus estimate of $1.83 billion. During the same period in the prior year, the business earned $2.87 EPS. The firm’s revenue was up .9% compared to the same quarter last year. Ingredion has set its FY 2026 guidance at 10.300-10.900 EPS. On average, equities research analysts anticipate that Ingredion Incorporated will post 10.6 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on INGR shares. Benchmark reiterated a “buy” rating on shares of Ingredion in a research note on Tuesday, June 9th. UBS Group raised their price target on Ingredion from $104.00 to $108.00 and gave the company a “neutral” rating in a research note on Wednesday, August 5th. Oppenheimer cut Ingredion from an “outperform” rating to a “market perform” rating in a research report on Monday, June 8th. Zacks Research upgraded Ingredion from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 14th. Finally, Weiss Ratings lowered Ingredion from a “hold (c)” rating to a “hold (c-)” rating in a research report on Wednesday, July 8th. One analyst has rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Ingredion presently has an average rating of “Hold” and a consensus price target of $121.29.

Insider Activity at Ingredion

In other news, Director David B. Fischer sold 1,662 shares of the company’s stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $102.31, for a total transaction of $170,039.22. Following the completion of the sale, the director owned 19,930 shares in the company, valued at $2,039,038.30. This represents a 7.70% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.60% of the stock is owned by company 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.