Corient Private Wealth LLC Has $4.87 Million Stock Holdings in Ingredion Incorporated $INGR

Corient Private Wealth LLC lifted its holdings in shares of Ingredion Incorporated (NYSE:INGR) by 57.8% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 44,113 shares of the company’s stock after acquiring an additional 16,150 shares during the period. Corient Private Wealth LLC’s holdings in Ingredion were worth $4,865,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. International Assets Investment Management LLC acquired a new position in Ingredion in the fourth quarter worth about $30,000. Los Angeles Capital Management LLC bought a new position in Ingredion during the fourth quarter worth about $36,000. Capital Advisors Ltd. LLC boosted its holdings in Ingredion by 40.5% during the fourth quarter. Capital Advisors Ltd. LLC now owns 354 shares of the company’s stock valued at $39,000 after purchasing an additional 102 shares in the last quarter. Ares Financial Consulting LLC acquired a new stake in Ingredion during the fourth quarter valued at approximately $46,000. Finally, Caitong International Asset Management Co. Ltd grew its stake in shares of Ingredion by 166.4% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 381 shares of the company’s stock valued at $47,000 after purchasing an additional 238 shares during the period. Institutional investors own 85.27% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently commented on INGR. Weiss Ratings restated a “hold (c)” rating on shares of Ingredion in a research report on Wednesday. Zacks Research cut Ingredion from a “hold” rating to a “strong sell” rating in a research report on Tuesday, May 19th. UBS Group reiterated a “neutral” rating and issued a $114.00 price target on shares of Ingredion in a research report on Thursday, May 7th. Benchmark reiterated a “buy” rating on shares of Ingredion in a research note on Tuesday, June 9th. Finally, Barclays cut their price objective on Ingredion from $128.00 to $120.00 and set an “equal weight” rating for the company in a report on Wednesday, May 6th. One analyst has rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $122.43.

Ingredion Trading Up 0.7%

NYSE:INGR opened at $97.47 on Friday. 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 Incorporated has a 1-year low of $96.56 and a 1-year high of $138.40. The firm has a market capitalization of $6.15 billion, a price-to-earnings ratio of 9.39, a PEG ratio of 0.81 and a beta of 0.60. The business’s 50-day moving average price is $104.26 and its two-hundred day moving average price is $110.48.

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

Ingredion Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 21st. Shareholders of record on Wednesday, July 1st will be paid a $0.82 dividend. This represents a $3.28 annualized dividend and a yield of 3.4%. The ex-dividend date of this dividend is Wednesday, July 1st. Ingredion’s dividend payout ratio is presently 31.60%.

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.