International Flavors & Fragrances Inc. (NYSE:IFF) Shares Purchased by Crumly & Associates Inc.

Crumly & Associates Inc. boosted its stake in International Flavors & Fragrances Inc. (NYSE:IFF) by 4.3% during the 4th quarter, HoldingsChannel.com reports. The fund owned 4,590 shares of the specialty chemicals company’s stock after purchasing an additional 191 shares during the period. Crumly & Associates Inc.’s holdings in International Flavors & Fragrances were worth $388,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Integrated Advisors Network LLC increased its position in International Flavors & Fragrances by 1.9% in the 3rd quarter. Integrated Advisors Network LLC now owns 5,720 shares of the specialty chemicals company’s stock valued at $600,000 after acquiring an additional 107 shares during the period. UMB Bank n.a. increased its position in International Flavors & Fragrances by 8.9% in the 4th quarter. UMB Bank n.a. now owns 1,458 shares of the specialty chemicals company’s stock valued at $123,000 after acquiring an additional 119 shares during the period. Huntington National Bank increased its position in International Flavors & Fragrances by 3.1% in the 3rd quarter. Huntington National Bank now owns 4,095 shares of the specialty chemicals company’s stock valued at $430,000 after acquiring an additional 124 shares during the period. Arete Wealth Advisors LLC increased its position in International Flavors & Fragrances by 4.2% during the 3rd quarter. Arete Wealth Advisors LLC now owns 3,061 shares of the specialty chemicals company’s stock worth $321,000 after purchasing an additional 124 shares during the period. Finally, Truist Financial Corp increased its position in International Flavors & Fragrances by 0.7% during the 4th quarter. Truist Financial Corp now owns 19,908 shares of the specialty chemicals company’s stock worth $1,683,000 after purchasing an additional 129 shares during the period. Institutional investors and hedge funds own 96.02% of the company’s stock.

International Flavors & Fragrances Price Performance

IFF stock opened at $80.24 on Friday. International Flavors & Fragrances Inc. has a 1 year low of $72.94 and a 1 year high of $106.77. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.93 and a current ratio of 1.84. The stock’s 50 day moving average price is $84.86 and its 200 day moving average price is $93.55. The firm has a market cap of $20.51 billion, a P/E ratio of 85.36, a PEG ratio of 1.48 and a beta of 1.19.

International Flavors & Fragrances (NYSE:IFF) last posted its earnings results on Tuesday, February 18th. The specialty chemicals company reported $0.97 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.83 by $0.14. International Flavors & Fragrances had a return on equity of 7.72% and a net margin of 2.12%. The firm had revenue of $2.77 billion for the quarter, compared to analyst estimates of $2.67 billion. On average, sell-side analysts expect that International Flavors & Fragrances Inc. will post 4.35 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

IFF has been the topic of several recent analyst reports. UBS Group boosted their target price on International Flavors & Fragrances from $108.00 to $111.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 6th. Vertical Research upgraded International Flavors & Fragrances from a “hold” rating to a “buy” rating and set a $109.00 target price on the stock in a research report on Thursday, November 7th. Bank of America dropped their target price on International Flavors & Fragrances from $105.00 to $101.00 and set a “buy” rating on the stock in a research report on Thursday. Cfra cut International Flavors & Fragrances from a “buy” rating to a “sell” rating and set a $77.00 target price on the stock. in a research report on Thursday. Finally, Oppenheimer dropped their target price on International Flavors & Fragrances from $114.00 to $104.00 and set an “outperform” rating on the stock in a research report on Thursday. Two analysts have rated the stock with a sell rating, three have issued a hold rating and twelve have issued a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $103.50.

International Flavors & Fragrances Company Profile

International Flavors & Fragrances, Inc engages in the manufacture and supply of flavors and fragrances used in the food, beverage, personal care, and household products industries. It operates through the following segments: Nourish, Health & Biosciences, Scent and Pharma Solutions. The Nourish segment consists of legacy Taste segment combined with N&B’s Food & Beverage division and the food protection business of N&B’s Health & Biosciences division.