Dimensional Fund Advisors LP Has $350.95 Million Stock Holdings in Ingredion Incorporated $INGR

Dimensional Fund Advisors LP increased its holdings in shares of Ingredion Incorporated (NYSE:INGR) by 6.0% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 3,115,136 shares of the company’s stock after acquiring an additional 175,600 shares during the period. Dimensional Fund Advisors LP’s holdings in Ingredion were worth $350,952,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. International Assets Investment Management LLC bought a new stake in shares of Ingredion in the 4th quarter valued at approximately $30,000. GHP Investment Advisors Inc. bought a new position in shares of Ingredion during the 1st quarter worth approximately $33,000. Los Angeles Capital Management LLC acquired a new stake in Ingredion in the 4th quarter valued at $36,000. Capital Advisors Ltd. LLC boosted its stake in Ingredion by 40.5% in the 4th quarter. Capital Advisors Ltd. LLC now owns 354 shares of the company’s stock valued at $39,000 after buying an additional 102 shares in the last quarter. Finally, Root Financial Partners LLC grew its position in Ingredion by 83.7% in the first quarter. Root Financial Partners LLC now owns 371 shares of the company’s stock valued at $42,000 after acquiring an additional 169 shares during the period. Institutional investors own 85.27% of the company’s stock.

Ingredion Trading Down 0.6%

Shares of INGR opened at $101.91 on Wednesday. The stock has a fifty day moving average price of $100.12 and a two-hundred day moving average price of $109.06. 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 52-week low of $94.44 and a 52-week high of $135.68. The company has a market cap of $6.43 billion, a price-to-earnings ratio of 9.82, a PEG ratio of 0.86 and a beta of 0.62.

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

Ingredion Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 21st. Investors of record on Wednesday, July 1st were given a dividend of $0.82 per share. The ex-dividend date was Wednesday, July 1st. This represents a $3.28 annualized dividend and a yield of 3.2%. Ingredion’s dividend payout ratio is 31.60%.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on INGR shares. Oppenheimer cut Ingredion from an “outperform” rating to a “market perform” rating in a report on Monday, June 8th. Barclays lowered their target price 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. Weiss Ratings cut shares of Ingredion from a “hold (c)” rating to a “hold (c-)” rating in a research report on Wednesday, July 8th. Benchmark reissued a “buy” rating on shares of Ingredion in a report on Tuesday, June 9th. Finally, UBS Group restated a “neutral” rating and issued a $114.00 price target on shares of Ingredion in a research report on Thursday, May 7th. One research analyst has rated the stock with a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $122.43.

Ingredion Company 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.