8,786 Shares in International Flavors & Fragrances Inc. $IFF Purchased by North Dakota State Investment Board

22 May 2026, 05:39 by Scott Moore · The Cerbat Gem

North Dakota State Investment Board acquired a new position in shares of International Flavors & Fragrances Inc. (NYSE:IFF – Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 8,786 shares of the specialty chemicals company’s stock, valued at approximately $592,000.

Other hedge funds also recently modified their holdings of the company. Tran Capital Management L.P. bought a new position in International Flavors & Fragrances in the fourth quarter valued at approximately $21,924,000. JPMorgan Chase & Co. grew its holdings in International Flavors & Fragrances by 28.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,098,575 shares of the specialty chemicals company’s stock worth $67,612,000 after acquiring an additional 245,719 shares during the period. Ruffer LLP acquired a new stake in International Flavors & Fragrances during the 3rd quarter worth $13,552,000. Dodge & Cox grew its holdings in International Flavors & Fragrances by 5.5% during the 3rd quarter. Dodge & Cox now owns 36,972,638 shares of the specialty chemicals company’s stock worth $2,275,296,000 after acquiring an additional 1,925,251 shares during the period. Finally, Icahn Carl C grew its holdings in International Flavors & Fragrances by 26.7% during the 3rd quarter. Icahn Carl C now owns 4,750,000 shares of the specialty chemicals company’s stock worth $292,315,000 after acquiring an additional 1,000,000 shares during the period. Institutional investors own 96.02% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have commented on the stock. Argus lifted their target price on shares of International Flavors & Fragrances from $70.00 to $80.00 and gave the stock a “buy” rating in a report on Thursday, January 22nd. BNP Paribas Exane lifted their target price on shares of International Flavors & Fragrances from $85.00 to $95.00 in a report on Thursday, May 7th. JPMorgan Chase & Co. lifted their target price on shares of International Flavors & Fragrances from $90.00 to $92.00 and gave the stock an “overweight” rating in a report on Thursday, May 7th. Berenberg Bank boosted their price objective on shares of International Flavors & Fragrances from $83.00 to $84.80 and gave the company a “hold” rating in a report on Thursday, May 7th. Finally, Citigroup upped their target price on shares of International Flavors & Fragrances from $90.00 to $96.00 and gave the company a “buy” rating in a research note on Thursday, May 7th. Twelve investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, International Flavors & Fragrances currently has a consensus rating of “Moderate Buy” and a consensus target price of $90.80.

View Our Latest Analysis on International Flavors & Fragrances

International Flavors & Fragrances Stock Up 1.2%

Shares of NYSE:IFF opened at $75.31 on Friday. International Flavors & Fragrances Inc. has a 52 week low of $59.14 and a 52 week high of $84.45. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.87 and a current ratio of 1.49. The company has a market capitalization of $19.23 billion, a PE ratio of 23.03, a PEG ratio of 1.64 and a beta of 0.93. The company has a 50 day moving average price of $72.41 and a two-hundred day moving average price of $71.18.

International Flavors & Fragrances (NYSE:IFF – Get Free Report) last released its quarterly earnings results on Tuesday, May 5th. The specialty chemicals company reported $1.25 EPS for the quarter, topping analysts’ consensus estimates of $1.08 by $0.17. The company had revenue of $2.74 billion for the quarter, compared to analyst estimates of $2.64 billion. International Flavors & Fragrances had a return on equity of 7.65% and a net margin of 7.78%.International Flavors & Fragrances’s revenue was down 3.6% compared to the same quarter last year. During the same quarter last year, the firm posted $1.20 earnings per share. Analysts forecast that International Flavors & Fragrances Inc. will post 4.55 earnings per share for the current year.

International Flavors & Fragrances Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, July 10th. Shareholders of record on Thursday, June 18th will be paid a $0.40 dividend. The ex-dividend date of this dividend is Thursday, June 18th. This represents a $1.60 dividend on an annualized basis and a yield of 2.1%. International Flavors & Fragrances’s payout ratio is presently 48.93%.

Insiders Place Their Bets

In related news, Director Paul J. Fribourg purchased 142,000 shares of International Flavors & Fragrances stock in a transaction dated Thursday, March 12th. The stock was bought at an average price of $70.13 per share, for a total transaction of $9,958,460.00. Following the completion of the acquisition, the director directly owned 2,422,730 shares of the company’s stock, valued at $169,906,054.90. This represents a 6.23% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 1.07% of the company’s stock.

International Flavors & Fragrances News Roundup

Here are the key news stories impacting International Flavors & Fragrances this week:

Positive Sentiment: Zacks Research increased its FY2026 EPS estimate for IFF to $4.45 from $4.25, suggesting better near-term earnings than previously expected.
Positive Sentiment: The firm also raised longer-term estimates, including FY2027 to $4.78 from $4.73 and FY2028 to $5.18 from $5.15, reinforcing a favorable outlook for future profitability.
Positive Sentiment: Analyst forecasts for Q2 2027, Q3 2027 and Q4 2027 were nudged higher, indicating steady confidence in IFF’s earnings trajectory.
Neutral Sentiment: One estimate was trimmed slightly for Q1 2028 EPS to $1.32 from $1.33, but the change is small and does not materially alter the overall bullish revisions trend.
Neutral Sentiment: Recent articles discussing whether IFF has turned the corner after a multi-year share price slump may be contributing to investor interest, but they do not represent a direct operational catalyst. Article Title

International Flavors & Fragrances Company Profile

(Free Report)

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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