International Flavors & Fragrances Inc. (NYSE:IFF) Shares Acquired by Eubel Brady & Suttman Asset Management Inc.

Eubel Brady & Suttman Asset Management Inc. raised its holdings in International Flavors & Fragrances Inc. (NYSE:IFF) by 14.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 357,326 shares of the specialty chemicals company’s stock after buying an additional 45,222 shares during the period. International Flavors & Fragrances accounts for about 4.0% of Eubel Brady & Suttman Asset Management Inc.’s portfolio, making the stock its 5th largest holding. Eubel Brady & Suttman Asset Management Inc. owned about 0.14% of International Flavors & Fragrances worth $30,212,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Point72 Hong Kong Ltd acquired a new stake in shares of International Flavors & Fragrances in the third quarter valued at about $42,000. Eastern Bank bought a new stake in shares of International Flavors & Fragrances during the 3rd quarter worth approximately $46,000. Ashton Thomas Securities LLC bought a new stake in shares of International Flavors & Fragrances during the 3rd quarter worth approximately $48,000. Principal Securities Inc. boosted its holdings in shares of International Flavors & Fragrances by 36.6% in the 4th quarter. Principal Securities Inc. now owns 638 shares of the specialty chemicals company’s stock valued at $54,000 after buying an additional 171 shares during the last quarter. Finally, Catalyst Capital Advisors LLC bought a new position in shares of International Flavors & Fragrances in the third quarter valued at $67,000. 96.02% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have commented on IFF shares. Wells Fargo & Company cut their price target on shares of International Flavors & Fragrances from $115.00 to $105.00 and set an “overweight” rating for the company in a research note on Thursday. Cfra downgraded shares of International Flavors & Fragrances from a “buy” rating to a “sell” rating and set a $77.00 target price for the company. in a research note on Thursday. Morgan Stanley raised International Flavors & Fragrances from an “equal weight” rating to an “overweight” rating and lowered their price target for the stock from $111.00 to $110.00 in a research report on Tuesday, November 12th. Citigroup cut their price objective on International Flavors & Fragrances from $110.00 to $105.00 and set a “buy” rating for the company in a research report on Wednesday, December 18th. Finally, Oppenheimer decreased their target price on International Flavors & Fragrances from $114.00 to $104.00 and set an “outperform” rating on the stock in a report on Thursday. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and twelve have issued a buy rating to the stock. According to data from MarketBeat.com, International Flavors & Fragrances presently has an average rating of “Moderate Buy” and a consensus target price of $103.50.

International Flavors & Fragrances Trading Down 0.3 %

IFF stock opened at $79.92 on Friday. International Flavors & Fragrances Inc. has a 52 week low of $72.94 and a 52 week high of $106.77. The company has a market capitalization of $20.43 billion, a PE ratio of 85.02, a price-to-earnings-growth ratio of 1.48 and a beta of 1.19. The company’s 50-day simple moving average is $84.71 and its 200 day simple moving average is $93.45. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.93 and a current ratio of 1.84.

International Flavors & Fragrances (NYSE:IFF) last announced its earnings results on Tuesday, February 18th. The specialty chemicals company reported $0.97 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.83 by $0.14. The firm had revenue of $2.77 billion for 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%. As a group, sell-side analysts anticipate that International Flavors & Fragrances Inc. will post 4.35 earnings per share for the current year.

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.