Ingredion (NYSE:INGR) Releases Earnings Results, Misses Expectations By $0.06 EPS

Ingredion (NYSE:INGR) announced its quarterly earnings data on Tuesday. The company reported $2.53 EPS for the quarter, missing the consensus estimate of $2.59 by ($0.06), FiscalAI reports. Ingredion had a net margin of 9.07% and a return on equity of 18.14%. The firm had revenue of $1.76 billion for the quarter, compared to the consensus estimate of $1.78 billion. During the same quarter in the previous year, the business earned $2.63 earnings per share. The firm’s revenue for the quarter was down 2.4% on a year-over-year basis. Ingredion updated its FY 2026 guidance to 11.000-11.8 EPS.

Here are the key takeaways from Ingredion’s conference call:

• Record full‑year operating income and EPS driven by stronger margins and portfolio mix, plus delivery of ~$59 million in cost‑to‑compete run‑rate savings that management says will support long‑term productivity.
• Argo operational issues reduced 2025 operating income by about $40 million (≈$16M in Q4); management expects a gradual recovery with continued pressure into Q1 2026, weighing on the U.S./Canada F&I segment.
• Texture & Healthful Solutions momentum — seven consecutive quarters of volume growth (+4% in Q4), solutions sales >$1B (~40% of the segment) with higher margins, and protein fortification sales up >40% after doubling production.
• 2026 guidance calls for net sales up low‑ to mid‑single digits, adjusted EPS of $11.00–$11.80, cash from operations of $820M–$940M, CapEx $400M–$440M, and at least $100M of share repurchases; guidance assumes current tariff levels and excludes acquisition/integration charges.
• LATAM delivered record operating income and >21% margin; management is shifting grind capacity in Mexico toward higher‑margin food and confectionery products and completed network optimizations in Brazil to improve long‑term competitiveness.

Ingredion Stock Up 2.6%

NYSE:INGR traded up $3.09 during midday trading on Tuesday, reaching $120.40. 1,438,409 shares of the stock traded hands, compared to its average volume of 580,451. The stock has a market capitalization of $7.65 billion, a PE ratio of 12.00, a price-to-earnings-growth ratio of 0.94 and a beta of 0.71. Ingredion has a 12-month low of $102.31 and a 12-month high of $141.78. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.79 and a current ratio of 2.75. The business has a 50-day moving average of $111.91 and a two-hundred day moving average of $118.42.

Ingredion Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, January 20th. Investors of record on Friday, January 2nd were paid a dividend of $0.82 per share. This represents a $3.28 annualized dividend and a dividend yield of 2.7%. The ex-dividend date was Friday, January 2nd. Ingredion’s payout ratio is 32.70%.

Ingredion News Roundup

Here are the key news stories impacting Ingredion this week:

• Positive Sentiment: Strong full‑year cash generation and shareholder returns: Ingredion reported $944M of cash from operations in 2025 and returned $435M to shareholders, including $224M of share repurchases — a supportive capital‑allocation signal for investors. Ingredion Incorporated Reports 2025 Fourth Quarter and Full-Year Results
• Positive Sentiment: Full‑year profitability improved: Adjusted FY2025 EPS (~$11.13) was higher versus the prior year, showing operating leverage despite a soft Q4 — supports longer‑term earnings power. Ingredion Incorporated Reports 2025 Fourth Quarter and Full-Year Results
• Neutral Sentiment: FY2026 guidance set to $11.00–$11.80 EPS: Management’s range overlaps consensus but sits slightly below the midpoint analysts modeled — leaves outcomes dependent on how the first half of the year unfolds. FY2026 Guidance / Press Release
• Negative Sentiment: Q4 miss on the quarter: Reported Q4 EPS of $2.53 fell short of consensus (~$2.59–$2.60) and revenue of $1.76B missed estimates (~$1.78B), with revenue down ~2.4% YoY — the immediate driver of some negative near‑term reaction. Ingredion (INGR) Misses Q4 Earnings and Revenue Estimates
• Negative Sentiment: Near‑term demand caution: Analysts and commentaries flag a potentially lackluster first half of 2026 for Ingredion’s end markets, which could pressure results until seasonal or end‑market recovery occurs. Ingredion Q4: Poised For Lackluster First Half, But It Is Getting Interesting

Institutional Trading of Ingredion

A number of institutional investors have recently made changes to their positions in INGR. Caitong International Asset Management Co. Ltd lifted its stake in Ingredion by 166.4% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 381 shares of the company’s stock valued at $47,000 after acquiring an additional 238 shares during the period. Johnson Financial Group Inc. raised its holdings in shares of Ingredion by 221.0% during the third quarter. Johnson Financial Group Inc. now owns 626 shares of the company’s stock worth $76,000 after purchasing an additional 431 shares during the last quarter. Virtus Advisers LLC purchased a new position in shares of Ingredion during the third quarter worth $151,000. EverSource Wealth Advisors LLC boosted its holdings in Ingredion by 180.5% in the second quarter. EverSource Wealth Advisors LLC now owns 1,268 shares of the company’s stock valued at $172,000 after purchasing an additional 816 shares during the last quarter. Finally, Smartleaf Asset Management LLC grew its position in Ingredion by 156.5% during the 2nd quarter. Smartleaf Asset Management LLC now owns 1,493 shares of the company’s stock worth $203,000 after purchasing an additional 911 shares during the period. Institutional investors and hedge funds own 85.27% of the company’s stock.

Analyst Ratings Changes

INGR has been the subject of several research reports. Wall Street Zen lowered shares of Ingredion from a “buy” rating to a “hold” rating in a research report on Saturday. Oppenheimer set a $136.00 price target on Ingredion in a research report on Wednesday, October 22nd. Industrial Alliance Securities set a $124.00 price objective on Ingredion in a research note on Thursday, November 6th. Barclays reaffirmed an “equal weight” rating and issued a $124.00 price objective (down from $168.00) on shares of Ingredion in a research note on Thursday, November 6th. Finally, BMO Capital Markets cut their target price on Ingredion from $143.00 to $123.00 and set a “market perform” rating on the stock in a research report on Wednesday, November 5th. One investment analyst has rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $124.33.

Ingredion Company Profile

Ingredion Incorporated is a global ingredient solutions company specializing in the production and sale of starches, sweeteners, nutrition ingredients and biomaterials derived primarily from corn and other plant-based raw materials. The company serves a diverse set of industries, including food and beverage, brewing, pharmaceuticals and personal care, providing functional ingredients that enhance texture, stability, flavor and nutritional value in a wide array of end products.

The company’s product portfolio comprises native and modified starches, high-fructose corn syrup, dextrose, maltodextrins, specialty sweeteners and various texturizers.