Cwm LLC lifted its stake in Worldwide Flavors & Fragrances Inc. (NYSE:IFF – Free Report) by 1.7% in the course of the third quarter, in accordance with its most up-to-date disclosure with the Securities and Change Fee. The fund owned 6,540 shares of the specialty chemical compounds firm’s inventory after buying a further 109 shares in the course of the quarter. Cwm LLC’s holdings in Worldwide Flavors & Fragrances have been price $686,000 as of its most up-to-date submitting with the Securities and Change Fee.
Plenty of different hedge funds have additionally modified their holdings of the inventory. Summit Path Advisors LLC elevated its stake in shares of Worldwide Flavors & Fragrances by 5.0% within the second quarter. Summit Path Advisors LLC now owns 2,471 shares of the specialty chemical compounds firm’s inventory price $236,000 after buying a further 117 shares over the past quarter. State of Alaska Division of Income elevated its place in Worldwide Flavors & Fragrances by 0.5% in the course of the first quarter. State of Alaska Division of Income now owns 27,696 shares of the specialty chemical compounds firm’s inventory price $2,381,000 after shopping for a further 130 shares over the past quarter. Massmutual Belief Co. FSB ADV elevated its place in Worldwide Flavors & Fragrances by 18.1% in the course of the second quarter. Massmutual Belief Co. FSB ADV now owns 863 shares of the specialty chemical compounds firm’s inventory price $82,000 after shopping for a further 132 shares over the past quarter. Orca Funding Administration LLC boosted its holdings in Worldwide Flavors & Fragrances by 0.8% in the course of the second quarter. Orca Funding Administration LLC now owns 21,144 shares of the specialty chemical compounds firm’s inventory valued at $2,013,000 after buying a further 158 shares in the course of the interval. Lastly, Ballentine Companions LLC boosted its holdings in Worldwide Flavors & Fragrances by 4.1% in the course of the first quarter. Ballentine Companions LLC now owns 4,755 shares of the specialty chemical compounds firm’s inventory valued at $409,000 after buying a further 189 shares in the course of the interval. 96.02% of the inventory is owned by institutional traders and hedge funds.
Wall Avenue Analysts Forecast Development
Plenty of equities analysis analysts have issued studies on IFF shares. Wells Fargo & Firm upped their worth goal on shares of Worldwide Flavors & Fragrances from $110.00 to $115.00 and gave the corporate an “obese” ranking in a report on Thursday, August eighth. Morgan Stanley elevated their goal worth on shares of Worldwide Flavors & Fragrances from $100.00 to $103.00 and gave the corporate an “equal weight” ranking in a analysis notice on Wednesday, July third. Barclays elevated their goal worth on shares of Worldwide Flavors & Fragrances from $93.00 to $99.00 and gave the corporate an “equal weight” ranking in a analysis notice on Friday, October eleventh. JPMorgan Chase & Co. elevated their goal worth on shares of Worldwide Flavors & Fragrances from $102.00 to $110.00 and gave the corporate an “obese” ranking in a analysis notice on Friday, September sixth. Lastly, Stifel Nicolaus upgraded shares of Worldwide Flavors & Fragrances from a “maintain” ranking to a “purchase” ranking and raised their worth goal for the inventory from $95.00 to $115.00 in a analysis notice on Monday, July twenty second. One analysis analyst has rated the inventory with a promote ranking, six have assigned a maintain ranking and 9 have given a purchase ranking to the inventory. In response to MarketBeat, the inventory at present has a consensus ranking of “Reasonable Purchase” and a median goal worth of $107.43.
Verify Out Our Newest Analysis Report on Worldwide Flavors & Fragrances
Worldwide Flavors & Fragrances Value Efficiency
Shares of IFF inventory opened at $104.49 on Friday. Worldwide Flavors & Fragrances Inc. has a 52-week low of $63.21 and a 52-week excessive of $106.77. The inventory has a market cap of $26.68 billion, a PE ratio of -10.69, a PEG ratio of 1.82 and a beta of 1.22. The corporate has a debt-to-equity ratio of 0.60, a fast ratio of 1.75 and a present ratio of two.38. The agency’s 50 day shifting common worth is $102.31 and its two-hundred day shifting common worth is $96.55.
Worldwide Flavors & Fragrances (NYSE:IFF – Get Free Report) final introduced its quarterly earnings knowledge on Tuesday, August sixth. The specialty chemical compounds firm reported $1.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.01 by $0.15. Worldwide Flavors & Fragrances had a destructive web margin of 20.82% and a constructive return on fairness of 6.63%. The agency had income of $2.89 billion for the quarter, in comparison with analysts’ expectations of $2.83 billion. Throughout the identical interval final yr, the agency earned $0.86 earnings per share. The enterprise’s income for the quarter was down 1.4% on a year-over-year foundation. As a bunch, analysts forecast that Worldwide Flavors & Fragrances Inc. will publish 4.23 EPS for the present yr.
Worldwide Flavors & Fragrances Publicizes Dividend
The corporate additionally just lately declared a quarterly dividend, which was paid on Wednesday, October ninth. Stockholders of report on Friday, September twentieth got a dividend of $0.40 per share. The ex-dividend date of this dividend was Friday, September twentieth. This represents a $1.60 dividend on an annualized foundation and a dividend yield of 1.53%. Worldwide Flavors & Fragrances’s dividend payout ratio is -16.38%.
About Worldwide Flavors & Fragrances
Worldwide Flavors & Fragrances Inc, along with its subsidiaries, manufactures and sells beauty lively and pure well being components to be used in numerous client merchandise in the USA, Europe, and internationally. It operates by way of 4 segments: Nourish, Well being & Biosciences, Scent, and Pharma Options.
See Additionally
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