Deutsche Bank AG reduced its stake in International Flavors & Fragrances Inc. (NYSE:IFF) by 4.4%, selling 43,640 shares, and now owns 940,939 shares valued at approximately $73 million. In the first quarter, several institutional investors, notably Allspring Global Investments and Achmea Investment Management, increased their positions in the company, highlighting growing investor confidence as 96.02% of the stock is owned by institutional investors. International Flavors & Fragrances reported quarterly earnings with an EPS of $1.15, surpassing expectations, but experienced a 4.3% year-over-year decline in revenue, totaling $2.76 billion. \n\nDodge & Cox grew its position in International Flavors & Fragrances by 11.9% during the 4th quarter, now owning 31,437,763 shares worth $2,658,063,000 after purchasing an additional 3,355,381 shares. Vanguard Group Inc. grew its position by 0.6% during the 1st quarter, now owning 30,390,040 shares worth $2,358,571,000 after purchasing 171,281 shares. Freemont Capital Pte Ltd purchased a new position worth approximately $2,143,882,000 during the 4th quarter. First Pacific Advisors LP grew its position by 0.8% during the 1st quarter, now owning 4,062,075 shares worth $315,258,000 after purchasing 32,302 shares. Northern Trust Corp grew its holdings by 19.9% during the 4th quarter, now owning 3,407,262 shares valued at $288,084,000 after acquiring 565,769 shares.\n\nInsiders have acquired 52,100 shares of company stock valued at $3,631,607 in the last quarter. Insiders own 0.20% of the company's stock. Director acquired 850 shares on May 19th at an average price of $77.42, with a total value of $65,807.00, increasing their position by 55.09%. On May 22nd, the director acquired 4,500 shares at an average cost of $76.05, with a total value of $342,225.00, increasing their position by 140.80%. The company's stock traded up $1.95 during mid-day trading on Wednesday, hitting $66.49, with a trading volume of 2,764,129 shares compared to its average volume of 1,817,533. The fifty-two week low is $62.33 and the fifty-two week high is $106.77. The company has a current ratio of 1.86, a quick ratio of 1.12, and a debt-to-equity ratio of 0.39. It has a market capitalization of $17.04 billion, a price-to-earnings ratio of -42.90, a P/E/G ratio of 2.75, and a beta of 1.04. The stock has a fifty-day moving average of $74.17 and a 200-day moving average of $77.03.\n\nInternational Flavors & Fragrances last issued its earnings results on Tuesday, August 5th. The company reported $1.15 EPS for the quarter, beating the consensus estimate of $1.11 by $0.04. It had a negative net margin of 3.48% and a positive return on equity of 7.95%. Revenue for the quarter was $2.76 billion, compared to the consensus estimate of $2.69 billion. Revenue was down 4.3% compared to the same quarter last year. Analysts forecast 4.32 EPS for the current fiscal year.\n\nThe company recently disclosed a quarterly dividend, which will be paid on Friday, October 10th. Stockholders of record on Monday, September 29th will receive a dividend of $0.40 per share. The ex-dividend date is Monday, September 29th. This represents a $1.60 annualized dividend and a dividend yield of 2.4%. The dividend payout ratio (DPR) is currently -103.23%.\n\nSeveral equities analysts have recently commented on IFF shares. Oppenheimer cut shares from an 'outperform' rating to a 'market perform' rating on August 7th. Barclays lowered their price target from $84.00 to $78.00 and set an 'overweight' rating on August 8th. Robert W. Baird lowered their price target from $110.00 to $100.00 and set an 'outperform' rating on May 8th. Mizuho lowered their price target from $95.00 to $87.00 and set an 'outperform' rating on April 15th. Tigress Financial started coverage on June 4th, setting a 'buy' rating and a $105.00 price target. One analyst has a sell rating, two have a hold rating, and twelve have a buy rating. MarketBeat.com reports a consensus rating of 'Moderate Buy' and a consensus price target of $92.36.\n\nInternational 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 Nourish, Health & Biosciences, Scent, and Pharma Solutions segments. The Nourish segment consists of the legacy Taste segment combined with N&B's Food & Beverage division and the food protection business of N&B's Health & Biosciences division.

International Flavors & Fragrances Inc. (NYSE:IFF) Holdings Reduced by Deutsche Bank AG

Deutsche Bank AG reduced its stake in International Flavors & Fragrances Inc. (IFF) by 4.4%, selling 43,640 shares and now holding 940,939 shares valued at $73 million. Despite a 4.3% year-over-year revenue decline to $2.76 billion, IFF reported an EPS of $1.15, exceeding expectations. Institutional investors, including Allspring Global Investments and Achmea Investment Management, increased their positions, with 96.02% of shares owned by institutions. Dodge & Cox, Vanguard Group, Freemont Capital Pte Ltd, First Pacific Advisors LP, and Northern Trust Corp also expanded their holdings. Insiders acquired 52,100 shares worth $3.63 million, with one director increasing their position significantly. The stock traded at $66.49, with a market cap of $17.04 billion, a negative P/E ratio of -42.90, and a dividend yield of 2.4%. Analysts have adjusted ratings, with Oppenheimer downgrading to 'market perform' and Barclays lowering their price target to $78.00. A quarterly dividend of $0.40 per share is set for October 10th.