IngredionINGR
Market Cap: $8.8B
About: Ingredion is an ingredients provider for the food, beverage, brewing, and animal nutrition industries. The company processes corn, tapioca, potatoes, stevia, grains, fruits, gums, and vegetables into value-added ingredients. The company has two main product lines: specialty and core ingredients. Specialty ingredients includes starch-based texturizers, natural alternative sweeteners such as stevia, and plant proteins for alternative dairy and snacks. Core ingredients includes sweeteners, such as high-fructose corn syrup, and commodity starches, such as those used for sustainable packaging.
Employees: 11,600
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
118% more call options, than puts
Call options by funds: $12M | Put options by funds: $5.5M
25% more repeat investments, than reductions
Existing positions increased: 221 | Existing positions reduced: 177
1.08% more ownership
Funds ownership: 86.31% [Q1] → 87.39% (+1.08%) [Q2]
5% more first-time investments, than exits
New positions opened: 59 | Existing positions closed: 56
1% more funds holding
Funds holding: 541 [Q1] → 544 (+3) [Q2]
0% less capital invested
Capital invested by funds: $6.6B [Q1] → $6.58B (-$19.9M) [Q2]
11% less funds holding in top 10
Funds holding in top 10: 9 [Q1] → 8 (-1) [Q2]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
UBS Cody Ross 100% 1-year accuracy 2 / 2 met price target | 9%upside $148 | Buy Maintained | 15 Aug 2024 |
Barclays Benjamin Theurer 44% 1-year accuracy 12 / 27 met price target | 7%upside $145 | Overweight Upgraded | 9 Aug 2024 |
BMO Capital Andrew Strelzik 52% 1-year accuracy 16 / 31 met price target | 5%downside $128 | Market Perform Maintained | 7 Aug 2024 |
Oppenheimer Kristen Owen 43% 1-year accuracy 9 / 21 met price target | 2%upside $138 | Outperform Maintained | 7 Aug 2024 |
Financial journalist opinion
Based on 9 articles about INGR published over the past 30 days