International Flavors & Fragrances (NYSE:IFF – Get Free Report) had its price target boosted by stock analysts at Benchmark from $100.00 to $105.00 in a research note issued on Thursday,Benzinga reports. The firm currently has a “buy” rating on the specialty chemicals company’s stock. Benchmark’s price objective indicates a potential upside of 22.93% from the company’s current price.
IFF has been the subject of a number of other reports. Jefferies Financial Group increased their price target on International Flavors & Fragrances from $97.00 to $105.00 in a research report on Thursday, May 7th. Oppenheimer upped their price objective on International Flavors & Fragrances from $88.00 to $90.00 and gave the stock an “outperform” rating in a report on Thursday, May 7th. BNP Paribas Exane raised their price target on International Flavors & Fragrances from $85.00 to $95.00 in a research report on Thursday, May 7th. Vertical Research lowered International Flavors & Fragrances from a “buy” rating to a “hold” rating and set a $93.00 price objective on the stock. in a research report on Thursday. Finally, UBS Group boosted their target price on International Flavors & Fragrances from $75.00 to $86.00 in a report on Thursday, May 7th. Thirteen equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, International Flavors & Fragrances has a consensus rating of “Moderate Buy” and an average target price of $91.54.
Check Out Our Latest Stock Report on International Flavors & Fragrances
International Flavors & Fragrances Price Performance
International Flavors & Fragrances (NYSE:IFF – Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The specialty chemicals company reported $0.82 EPS for the quarter, missing analysts’ consensus estimates of $1.07 by ($0.25). International Flavors & Fragrances had a net margin of 2.78% and a return on equity of 7.09%. The company had revenue of $1.95 billion during the quarter, compared to the consensus estimate of $2.62 billion. During the same quarter last year, the firm posted $1.15 EPS. The company’s quarterly revenue was up 1.8% on a year-over-year basis. Sell-side analysts forecast that International Flavors & Fragrances will post 4.55 EPS for the current fiscal year.
International Flavors & Fragrances announced that its Board of Directors has authorized a share repurchase plan on Tuesday, August 4th that authorizes the company to repurchase $2.50 billion in shares. This repurchase authorization authorizes the specialty chemicals company to buy up to 12.1% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s board of directors believes its stock is undervalued.
Insiders Place Their Bets
In other International Flavors & Fragrances news, Director Paul J. Fribourg acquired 260,000 shares of the company’s stock in a transaction that occurred on Monday, June 1st. The shares were acquired at an average price of $74.28 per share, with a total value of $19,312,800.00. Following the purchase, the director owned 2,682,730 shares of the company’s stock, valued at $199,273,184.40. This represents a 10.73% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 1.07% of the stock is owned by insiders.
Hedge Funds Weigh In On International Flavors & Fragrances
Institutional investors have recently modified their holdings of the business. Lloyd Advisory Services LLC. bought a new position in shares of International Flavors & Fragrances during the fourth quarter worth about $27,000. Root Financial Partners LLC increased its holdings in shares of International Flavors & Fragrances by 97.9% in the first quarter. Root Financial Partners LLC now owns 554 shares of the specialty chemicals company’s stock worth $40,000 after purchasing an additional 274 shares during the last quarter. Geneos Wealth Management Inc. grew its holdings in International Flavors & Fragrances by 55.7% during the 1st quarter. Geneos Wealth Management Inc. now owns 587 shares of the specialty chemicals company’s stock valued at $46,000 after purchasing an additional 210 shares during the last quarter. Transamerica Financial Advisors LLC lifted its position in shares of International Flavors & Fragrances by 884.1% in the 2nd quarter. Transamerica Financial Advisors LLC now owns 679 shares of the specialty chemicals company’s stock worth $50,000 after purchasing an additional 610 shares during the period. Finally, EFG International AG acquired a new position in shares of International Flavors & Fragrances during the fourth quarter valued at about $73,000. Institutional investors and hedge funds own 96.02% of the company’s stock.
International Flavors & Fragrances News Roundup
Here are the key news stories impacting International Flavors & Fragrances this week:
- Positive Sentiment: $2.5 billion buyback: IFF authorized repurchases of up to approximately 12.1% of its shares, signaling management’s confidence that the stock is undervalued and potentially supporting per-share earnings. International Flavors & Fragrances to Buyback $2.50 Billion in Shares
- Positive Sentiment: Portfolio simplification: Planned sales of the Food Ingredients business for about $4.3 billion and additional botanical extracts, vitamins and minerals operations could strengthen IFF’s balance sheet and concentrate the company on higher-growth, higher-margin businesses. IFF Enters Agreement to Sell Food Ingredients Business
- Positive Sentiment: Insider buying: Reported open-market purchases by Chairman Paul Fribourg and CEO J. Erik Fyrwald may reinforce the view that insiders see value in the shares.
- Neutral Sentiment: Mixed analyst view: Vertical Research downgraded IFF from “buy” to “hold,” but set a $93 price target, implying continued potential upside from recent levels. TickerReport analyst downgrade
- Negative Sentiment: Second-quarter earnings miss: Adjusted EPS was $0.82, below the roughly $1.07–$1.14 consensus range, while revenue of $1.95 billion also fell short of estimates cited in the reports. EPS declined from $1.15 a year earlier, despite revenue growth of 1.8%. International Flavors Q2 Earnings Miss Estimates
- Negative Sentiment: Lower guidance: Reports indicate that IFF reduced its full-year 2026 outlook, adding to concerns about near-term demand, profitability and execution during the company’s transformation.
International Flavors & Fragrances Company Profile
International Flavors & Fragrances Inc (NYSE:IFF) is a global leader in the creation and production of flavors, fragrances, cosmetic actives and nutritional lipids. The company develops taste and scent solutions for a wide array of end markets including food and beverage, personal care, household goods and pharmaceutical products. Its portfolio spans natural and nature-identical flavors, fine fragrances, functional ingredients for skin and hair care, and specialty oils that enhance nutritional value and sensory appeal.
IFF’s research and development network comprises innovation centers in North America, Europe, Asia-Pacific and Latin America, where multidisciplinary teams collaborate on aroma chemistry, sensory science and biotechnology.
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