Charles Schwab Investment Management Inc. Has $130.69 Million Stock Holdings in International Flavors & Fragrances Inc. (NYSE:IFF)

Charles Schwab Investment Management Inc. raised its holdings in International Flavors & Fragrances Inc. (NYSE:IFF - Free Report) by 3.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,545,718 shares of the specialty chemicals company's stock after buying an additional 46,903 shares during the period. Charles Schwab Investment Management Inc. owned 0.60% of International Flavors & Fragrances worth $130,690,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Sumitomo Mitsui Trust Group Inc. raised its holdings in International Flavors & Fragrances by 1.2% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 615,006 shares of the specialty chemicals company's stock worth $64,533,000 after acquiring an additional 7,553 shares in the last quarter. Compagnie Lombard Odier SCmA increased its position in shares of International Flavors & Fragrances by 11.1% during the 4th quarter. Compagnie Lombard Odier SCmA now owns 114,179 shares of the specialty chemicals company's stock worth $9,654,000 after purchasing an additional 11,406 shares during the last quarter. Choreo LLC raised its stake in shares of International Flavors & Fragrances by 55.7% during the 4th quarter. Choreo LLC now owns 24,401 shares of the specialty chemicals company's stock worth $2,055,000 after purchasing an additional 8,728 shares in the last quarter. Covea Finance grew its stake in shares of International Flavors & Fragrances by 79.0% in the fourth quarter. Covea Finance now owns 123,090 shares of the specialty chemicals company's stock valued at $10,407,000 after buying an additional 54,340 shares in the last quarter. Finally, U.S. Capital Wealth Advisors LLC acquired a new position in International Flavors & Fragrances during the fourth quarter worth $7,508,000. 96.02% of the stock is owned by institutional investors.

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Insider Buying and Selling at International Flavors & Fragrances

In other International Flavors & Fragrances news, Director Kevin O'byrne purchased 6,500 shares of the firm's stock in a transaction dated Wednesday, March 5th. The shares were bought at an average price of $80.44 per share, for a total transaction of $522,860.00. Following the purchase, the director now owns 6,500 shares in the company, valued at approximately $522,860. This trade represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.20% of the company's stock.

International Flavors & Fragrances Price Performance

Shares of IFF stock traded down $0.37 during trading on Wednesday, hitting $79.51. The company had a trading volume of 2,050,002 shares, compared to its average volume of 1,471,491. The stock's 50-day moving average price is $83.64 and its 200 day moving average price is $91.98. International Flavors & Fragrances Inc. has a one year low of $78.91 and a one 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 firm has a market capitalization of $20.33 billion, a P/E ratio of 84.57, a price-to-earnings-growth ratio of 1.45 and a beta of 1.21.

International Flavors & Fragrances (NYSE:IFF - Get Free Report) last released its earnings results on Tuesday, February 18th. The specialty chemicals company reported $0.97 earnings per share (EPS) for the quarter, topping the consensus estimate 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 company had revenue of $2.77 billion for the quarter, compared to analyst estimates of $2.67 billion. Equities analysts expect that International Flavors & Fragrances Inc. will post 4.32 EPS for the current fiscal year.

International Flavors & Fragrances Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 11th. Investors of record on Friday, March 21st will be paid a $0.40 dividend. The ex-dividend date of this dividend is Friday, March 21st. This represents a $1.60 dividend on an annualized basis and a yield of 2.01%. International Flavors & Fragrances's dividend payout ratio (DPR) is 170.21%.

Analyst Ratings Changes

IFF has been the subject of a number of recent analyst reports. Morgan Stanley upgraded shares of International Flavors & Fragrances from an "equal weight" rating to an "overweight" rating and cut their price target for the company from $111.00 to $110.00 in a research note on Tuesday, November 12th. Bank of America cut their target price on shares of International Flavors & Fragrances from $105.00 to $101.00 and set a "buy" rating for the company in a research note on Thursday, February 20th. Stifel Nicolaus lowered their price target on International Flavors & Fragrances from $113.00 to $105.00 and set a "buy" rating on the stock in a research report on Monday, February 3rd. Barclays cut their price objective on International Flavors & Fragrances from $90.00 to $88.00 and set an "equal weight" rating for the company in a research report on Friday, January 17th. Finally, Citigroup dropped their price target on International Flavors & Fragrances from $110.00 to $105.00 and set a "buy" rating on the stock in a research note on Wednesday, December 18th. One analyst has rated the stock with a sell rating, three have given a hold rating and twelve have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $103.50.

International Flavors & Fragrances 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.