Ingredion (NYSE:INGR) Issues FY 2026 Earnings Guidance

Ingredion (NYSE:INGR) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided EPS guidance of 10.300-10.900 for the period, compared to the consensus EPS estimate of 10.830. The company issued revenue guidance of -.

Analysts Set New Price Targets

INGR has been the subject of several research reports. Zacks Research raised shares of Ingredion from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 14th. Oppenheimer downgraded shares of Ingredion from an “outperform” rating to a “market perform” rating in a report on Monday, June 8th. UBS Group restated a “neutral” rating and set a $114.00 target price on shares of Ingredion in a research report on Thursday, May 7th. Weiss Ratings cut shares of Ingredion from a “hold (c)” rating to a “hold (c-)” rating in a report on Wednesday, July 8th. Finally, Benchmark reiterated a “buy” rating on shares of Ingredion in a research report on Tuesday, June 9th. One research analyst has rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $122.14.

Ingredion Price Performance

INGR traded down $1.07 on Wednesday, hitting $103.56. 127,667 shares of the company’s stock traded hands, compared to its average volume of 746,963. The company’s 50 day simple moving average is $99.95 and its 200-day simple moving average is $108.31. The firm has a market cap of $6.53 billion, a price-to-earnings ratio of 9.98, a P/E/G ratio of 0.84 and a beta of 0.62. Ingredion has a one year low of $94.44 and a one year high of $130.48. The company has a current ratio of 2.76, a quick ratio of 1.83 and a debt-to-equity ratio of 0.40.

Ingredion (NYSE:INGR) last posted its quarterly earnings results on Tuesday, August 4th. The company reported $2.82 earnings per share for the quarter, topping the consensus estimate of $2.71 by $0.11. Ingredion had a return on equity of 15.86% and a net margin of 9.36%.The business 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 company posted $2.87 EPS. The firm’s revenue for the quarter was up .9% compared to the same quarter last year. Ingredion has set its FY 2026 guidance at 10.300-10.900 EPS. As a group, research analysts anticipate that Ingredion will post 10.81 EPS for the current year.

Ingredion Dividend Announcement

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

Key Stories Impacting Ingredion

Here are the key news stories impacting Ingredion this week:

• Positive Sentiment: Ingredion’s second-quarter adjusted EPS of $2.82 exceeded analyst expectations of approximately $2.71–$2.73, while revenue of $1.85 billion also topped estimates. Texture & Healthful Solutions volume increased 7%, helping offset foreign-exchange effects, higher costs and weakness related to Argo. Ingredion Q2 Earnings Beat Estimates on T&HS Volume Growth
• Positive Sentiment: Ingredion reaffirmed 2026 adjusted EPS guidance of $10.30 to $10.90 and said shareholders accepted its 595-pence all-cash offer for Tate & Lyle. Management expects the transaction to generate approximately $130 million in run-rate synergies by 2030, potentially strengthening the company’s specialty-ingredients platform and long-term growth outlook. Ingredion 2026 Guidance and Tate & Lyle Deal
• Neutral Sentiment: Texture & Healthful Solutions sales rose 5% to $627 million, but this was offset by a 7% decline in Food & Industrial Ingredients U.S./Canada sales. The mixed segment performance leaves investors focused on whether specialty-ingredient growth can offset weaker conventional volumes. Ingredion Q2 Deep Dive
• Negative Sentiment: Reported EPS fell to $1.78 from $2.99 a year earlier, reported operating income dropped 31% and adjusted operating income declined 5%. Supply-chain disruptions, higher costs and Argo-related issues are weighing on margins and overshadowing the adjusted earnings beat. Ingredion Reports Second Quarter 2026 Results
• Negative Sentiment: The midpoint of the reaffirmed adjusted EPS outlook is slightly below the roughly $10.83 analyst consensus, while the Tate & Lyle acquisition still carries approval, financing and integration risks. These factors may be limiting enthusiasm despite Ingredion’s relatively low valuation. How Ingredion’s Tate & Lyle Deal Could Reshape Its Growth Outlook

Institutional Investors Weigh In On Ingredion

Hedge funds have recently made changes to their positions in the company. Axxcess Wealth Management LLC raised its holdings in shares of Ingredion by 21.3% during the 4th quarter. Axxcess Wealth Management LLC now owns 2,303 shares of the company’s stock worth $254,000 after acquiring an additional 404 shares in the last quarter. Corient Private Wealth LLC lifted its position in Ingredion by 612.5% during the fourth quarter. Corient Private Wealth LLC now owns 199,244 shares of the company’s stock valued at $21,969,000 after purchasing an additional 171,281 shares during the last quarter. Alberta Investment Management Corp purchased a new position in shares of Ingredion in the 4th quarter worth $1,301,000. Alpine Woods Capital Investors LLC increased its holdings in shares of Ingredion by 4.5% in the 4th quarter. Alpine Woods Capital Investors LLC now owns 57,409 shares of the company’s stock worth $6,330,000 after buying an additional 2,492 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV increased its holdings in shares of Ingredion by 11.2% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 25,829 shares of the company’s stock worth $2,848,000 after buying an additional 2,592 shares during the last quarter. 85.27% of the stock is currently owned by hedge funds and other institutional investors.

About Ingredion

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.