IngredionINGR
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 Q3 regulatory filings by fund managers ($100M+ AUM)
143% more first-time investments, than exits
New positions opened: 102 | Existing positions closed: 42
40% more call options, than puts
Call options by funds: $12.8M | Put options by funds: $9.13M
14% more capital invested
Capital invested by funds: $6.71B [Q2] → $7.63B (+$920M) [Q3]
10% more funds holding
Funds holding: 548 [Q2] → 601 (+53) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 8 [Q2] → 8 (+0) [Q3]
3.41% less ownership
Funds ownership: 89.12% [Q2] → 85.71% (-3.41%) [Q3]
20% less repeat investments, than reductions
Existing positions increased: 179 | Existing positions reduced: 224
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
UBS Cody Ross 50% 1-year accuracy 1 / 2 met price target | 28%upside $173 | Buy Maintained | 15 Nov 2024 |
BMO Capital Andrew Strelzik 36% 1-year accuracy 12 / 33 met price target | 9%upside $147 | Market Perform Maintained | 6 Nov 2024 |
Barclays Benjamin Theurer 33% 1-year accuracy 10 / 30 met price target | 24%upside $168 | Overweight Maintained | 6 Nov 2024 |
Oppenheimer Kristen Owen 42% 1-year accuracy 13 / 31 met price target | 32%upside $178 | Outperform Maintained | 6 Nov 2024 |
Financial journalist opinion
Based on 4 articles about INGR published over the past 30 days
