Leeward Investments LLC MA Trims Holdings in International Flavors & Fragrances Inc. (NYSE:IFF)

Leeward Investments LLC MA lessened its stake in International Flavors & Fragrances Inc. (NYSE:IFF - Free Report) by 3.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 97,365 shares of the specialty chemicals company's stock after selling 3,300 shares during the quarter. Leeward Investments LLC MA's holdings in International Flavors & Fragrances were worth $8,232,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of IFF. Eubel Brady & Suttman Asset Management Inc. raised its holdings in International Flavors & Fragrances by 14.5% during the 4th quarter. Eubel Brady & Suttman Asset Management Inc. now owns 357,326 shares of the specialty chemicals company's stock valued at $30,212,000 after acquiring an additional 45,222 shares during the period. Crumly & Associates Inc. raised its stake in shares of International Flavors & Fragrances by 4.3% during the 4th quarter. Crumly & Associates Inc. now owns 4,590 shares of the specialty chemicals company's stock valued at $388,000 after purchasing an additional 191 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new stake in International Flavors & Fragrances during the 4th quarter worth about $9,271,000. Venturi Wealth Management LLC boosted its stake in International Flavors & Fragrances by 74.8% in the 4th quarter. Venturi Wealth Management LLC now owns 1,729 shares of the specialty chemicals company's stock worth $146,000 after purchasing an additional 740 shares during the period. Finally, Truist Financial Corp grew its holdings in International Flavors & Fragrances by 0.7% during the 4th quarter. Truist Financial Corp now owns 19,908 shares of the specialty chemicals company's stock valued at $1,683,000 after buying an additional 129 shares in the last quarter. Hedge funds and other institutional investors own 96.02% of the company's stock.

International Flavors & Fragrances Trading Up 0.7 %

Shares of International Flavors & Fragrances stock traded up $0.54 during trading on Thursday, reaching $81.11. The company's stock had a trading volume of 1,552,342 shares, compared to its average volume of 1,532,001. The company has a quick ratio of 1.93, a current ratio of 1.84 and a debt-to-equity ratio of 0.54. International Flavors & Fragrances Inc. has a 52-week low of $72.94 and a 52-week high of $106.77. The firm's 50-day moving average is $84.33 and its two-hundred day moving average is $93.11. The company has a market cap of $20.74 billion, a price-to-earnings ratio of 86.29, a PEG ratio of 1.45 and a beta of 1.19.

International Flavors & Fragrances (NYSE:IFF - Get Free Report) last posted its quarterly earnings results on Tuesday, February 18th. The specialty chemicals company reported $0.97 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.83 by $0.14. The business had revenue of $2.77 billion during the quarter, compared to analyst estimates of $2.67 billion. International Flavors & Fragrances had a net margin of 2.12% and a return on equity of 7.72%. On average, sell-side analysts anticipate that International Flavors & Fragrances Inc. will post 4.32 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. JPMorgan Chase & Co. lowered their price target on shares of International Flavors & Fragrances from $107.00 to $104.00 and set an "overweight" rating on the stock in a report on Thursday, February 20th. UBS Group increased their target price on shares of International Flavors & Fragrances from $108.00 to $111.00 and gave the stock a "neutral" rating in a research note on Wednesday, November 6th. Vertical Research upgraded shares of International Flavors & Fragrances from a "hold" rating to a "buy" rating and set a $109.00 price target for the company in a research report on Thursday, November 7th. Oppenheimer lowered their price objective on International Flavors & Fragrances from $114.00 to $104.00 and set an "outperform" rating on the stock in a research report on Thursday, February 20th. Finally, Argus upgraded International Flavors & Fragrances from a "hold" rating to a "buy" rating in a research report on Tuesday, January 7th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and twelve have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $103.50.

International Flavors & Fragrances Company 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.