Ingredion (INGR)

• Market cap: $8.71B
• 1 day: 0.06%
• 5 days: 3.68%
• 1 month: 3.88%
• 3 months: -1.06%
• 6 months: -1.27%
• Year to date: -0.60%
• 1 year: 16.11%
• 5 years: 75.57%
• 10 years: 73.24%
• Sector: Consumer Staples
• Industry: Grain Mill Products

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 filings by fund managers ($100M+ AUM)

85% more first-time investments, than exits

New positions opened: 98 | 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] → 641 (+37) [Q4]

2.69% more ownership

Funds ownership: 85.72% [Q3] → 88.41% (+2.69%) [Q4]

4% more capital invested

Capital invested by funds: $7.63B [Q3] → $7.92B (+$289M) [Q4]

0% more funds holding in top 10

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

0% more repeat investments, than reductions

Existing positions increased: 224 | Existing positions reduced: 224

Research analyst outlook

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

• Low target: $133 2% downside
• Avg. target: $150 11% upside
• High target: $167 23% upside

3 analyst ratings

• positive: 1 33%
• neutral: 2 67%
• negative: 0 0%

Oppenheimer Kristen Owen 32% 1-year accuracy 13 / 41 met price target	23% upside $167	Outperform Maintained	5 Feb 2025
BMO Capital Andrew Strelzik 50% 1-year accuracy 13 / 26 met price target	2% downside $133	Market Perform Maintained	5 Feb 2025
Stephens & Co. Ben Bienvenu 53% 1-year accuracy 8 / 15 met price target	11% upside $150	Equal-Weight Maintained	5 Feb 2025