International Flavors & FragrancesIFF
Market Cap: $26.4B
About: International Flavors & Fragrances is the largest specialty ingredients producer globally. The company sells ingredients for the food, beverage, health, household goods, personal care, and pharmaceutical industries. The company makes proprietary formulations, partnering with customers to deliver custom solutions. The nourish segment, which generates roughly half of revenue, is a leading flavor producer and also sell texturants, plant-based proteins, and other ingredients. The health and biosciences business, which generates around one fourth of revenue, is a global leader in probiotics and enzymes. IFF is also one of the leading fragrance producers in the world.
Employees: 21,500
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
65% more call options, than puts
Call options by funds: $149M | Put options by funds: $90.4M
43% more first-time investments, than exits
New positions opened: 99 | Existing positions closed: 69
33% more funds holding in top 10
Funds holding in top 10: 15 [Q1] → 20 (+5) [Q2]
12% more capital invested
Capital invested by funds: $19.9B [Q1] → $22.3B (+$2.42B) [Q2]
4% more funds holding
Funds holding: 727 [Q1] → 757 (+30) [Q2]
0.8% less ownership
Funds ownership: 92.72% [Q1] → 91.92% (-0.8%) [Q2]
15% less repeat investments, than reductions
Existing positions increased: 242 | Existing positions reduced: 286
Research analyst outlook
11 Wall Street Analysts provided 1 year price targets over the past 3 months
11 analyst ratings
Oppenheimer Kristen Owen 43% 1-year accuracy 10 / 23 met price target | 13%upside $117 | Outperform Maintained | 11 Sept 2024 |
JP Morgan Jeffrey Zekauskas 71% 1-year accuracy 25 / 35 met price target | 6%upside $110 | Overweight Maintained | 6 Sept 2024 |
Mizuho John Roberts 59% 1-year accuracy 16 / 27 met price target | 16%upside $120 | Outperform Upgraded | 3 Sept 2024 |
UBS Joshua Spector 49% 1-year accuracy 18 / 37 met price target | 0%downside $103 | Neutral Maintained | 15 Aug 2024 |
JP Morgan Jeffrey Zekauskas 71% 1-year accuracy 25 / 35 met price target | 1%downside $102 | Overweight Maintained | 8 Aug 2024 |
Financial journalist opinion
Based on 7 articles about IFF published over the past 30 days