Ingredion (INGR)

• Market cap: $8.34B
• 1 day: 1.26%
• 5 days: 1.45%
• 1 month: -2.63%
• 3 months: -3.98%
• 6 months: -3.78%
• Year to date: -4.96%
• 1 year: 16.57%
• 5 years: 60.78%
• 10 years: 65.83%
• Sector: Consumer Staples
• Industry: Packaged Foods

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: 11,200

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

87% more first-time investments, than exits

New positions opened: 99 | Existing positions closed: 53

27% more call options, than puts

Call options by funds: $10.1M | Put options by funds: $7.96M

6% more funds holding

Funds holding: 604 [Q3] → 643 (+39) [Q4]

2.92% more ownership

Funds ownership: 85.25% [Q3] → 88.17% (+2.92%) [Q4]

4% more capital invested

Capital invested by funds: $7.59B [Q3] → $7.9B (+$312M) [Q4]

0% more funds holding in top 10

Funds holding in top 10: 8 [Q3] → 8 (+0) [Q4]

0% less repeat investments, than reductions

Existing positions increased: 224 | Existing positions reduced: 225

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $133 3% upside
• Avg. target: $149 15% upside
• High target: $167 29% upside

4 analyst ratings

• positive: 1 25%
• neutral: 3 75%
• negative: 0 0%

UBS Cody Ross 0% 1-year accuracy 0 / 2 met price target	12% upside $145	Neutral Downgraded	7 Apr 2025
Oppenheimer Kristen Owen 30% 1-year accuracy 11 / 37 met price target	29% upside $167	Outperform Maintained	5 Feb 2025
BMO Capital Andrew Strelzik 58% 1-year accuracy 15 / 26 met price target	3% upside $133	Market Perform Maintained	5 Feb 2025
Stephens & Co. Ben Bienvenu 50% 1-year accuracy 7 / 14 met price target	16% upside $150	Equal-Weight Maintained	5 Feb 2025