International Flavors & Fragrances Inc. (NYSE:IFF – Free Report) – Stock analysts at Zacks Research raised their Q3 2026 earnings estimates for shares of International Flavors & Fragrances in a research report issued to clients and investors on Thursday, October 22nd. Zacks Research analyst Team now forecasts that the specialty chemicals company will post earnings of $0.72 per share for the quarter, up from their prior estimate of $0.71. Zacks Research has a “Strong-Buy” rating on the stock. The consensus estimate for International Flavors & Fragrances’ current full-year earnings is $3.29 per share. Zacks Research also issued estimates for International Flavors & Fragrances’ FY2026 earnings at $3.20 EPS, Q3 2027 earnings at $1.01 EPS, Q4 2027 earnings at $1.11 EPS, FY2027 earnings at $4.00 EPS and FY2028 earnings at $4.73 EPS.
International Flavors & Fragrances (NYSE:IFF – Get Free Report) last issued its earnings results on Tuesday, August 4th. The specialty chemicals company reported $0.82 earnings per share for the quarter, missing the consensus estimate of $1.07 by ($0.25). International Flavors & Fragrances had a return on equity of 7.11% and a net margin of 2.78%. The firm had revenue of $1.95 billion during the quarter, compared to the consensus estimate of $2.62 billion. During the same period in the prior year, the company posted $1.15 EPS. The company’s quarterly revenue was up 1.8% on a year-over-year basis.
Several other analysts have also recently issued reports on the stock. Vertical Research cut shares of International Flavors & Fragrances from a “buy” rating to a “hold” rating and set a $93.00 target price on the stock. in a research report on Thursday, August 6th. Oppenheimer lifted their price target on International Flavors & Fragrances from $95.00 to $108.00 and gave the stock an “outperform” rating in a research report on Thursday. Citigroup decreased their price objective on International Flavors & Fragrances from $101.00 to $100.00 and set a “buy” rating on the stock in a research report on Wednesday, October 7th. Argus raised their price objective on International Flavors & Fragrances from $85.00 to $95.00 and gave the company a “buy” rating in a research note on Wednesday, October 7th. Finally, Weiss Ratings upgraded International Flavors & Fragrances from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $94.28.
Get Our Latest Analysis on IFF
International Flavors & Fragrances Trading Up 3.1%
Shares of IFF stock opened at $93.85 on Friday. The company has a current ratio of 2.06, a quick ratio of 1.72 and a debt-to-equity ratio of 0.34. The stock has a market capitalization of $23.95 billion, a price-to-earnings ratio of 86.10, a price-to-earnings-growth ratio of 3.84 and a beta of 0.91. International Flavors & Fragrances has a 12-month low of $61.29 and a 12-month high of $93.89. The stock’s 50-day moving average price is $85.75 and its 200-day moving average price is $79.78.
Institutional Investors Weigh In On International Flavors & Fragrances
A number of large investors have recently bought and sold shares of IFF. BlackRock Inc. purchased a new position in International Flavors & Fragrances during the 2nd quarter worth approximately $1,835,955,000. Nykredit A S acquired a new position in International Flavors & Fragrances during the second quarter valued at $223,065,000. Bank of America Corp DE acquired a new position in International Flavors & Fragrances during the second quarter valued at $131,760,000. Dimensional Fund Advisors LP boosted its holdings in International Flavors & Fragrances by 8.9% in the first quarter. Dimensional Fund Advisors LP now owns 1,809,090 shares of the specialty chemicals company’s stock valued at $131,222,000 after purchasing an additional 147,896 shares during the last quarter. Finally, Bank of New York Mellon Corp purchased a new position in shares of International Flavors & Fragrances during the 2nd quarter valued at about $122,792,000. Hedge funds and other institutional investors own 96.02% of the company’s stock.
Insider Activity
In related news, insider De Mendonca Ana Paula Teles sold 5,718 shares of the company’s stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $83.19, for a total transaction of $475,680.42. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, EVP Michael Deveau sold 8,825 shares of the firm’s stock in a transaction dated Thursday, August 6th. The stock was sold at an average price of $85.55, for a total value of $754,978.75. Following the completion of the sale, the executive vice president directly owned 5,199 shares of the company’s stock, valued at approximately $444,774.45. This represents a 62.93% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 15,543 shares of company stock worth $1,315,659. Insiders own 1.07% of the company’s stock.
International Flavors & Fragrances Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, October 9th. Stockholders of record on Friday, September 18th were given a dividend of $0.40 per share. The ex-dividend date of this dividend was Friday, September 18th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.7%. International Flavors & Fragrances’s dividend payout ratio is presently 146.79%.
International Flavors & Fragrances declared that its Board of Directors has initiated a stock buyback plan on Tuesday, August 4th that authorizes the company to repurchase $2.50 billion in outstanding shares. This repurchase authorization authorizes the specialty chemicals company to buy up to 12.1% of its stock through open market purchases. Share repurchase plans are typically an indication that the company’s management believes its shares are undervalued.
Key Stories Impacting International Flavors & Fragrances
Here are the key news stories impacting International Flavors & Fragrances this week:
- Positive Sentiment: Oppenheimer raised its price target on IFF to $108 from $95 while reiterating an “Outperform” rating. The new target implies roughly 15% upside from the referenced $93.85 price, providing a bullish valuation signal. Oppenheimer Adjusts Price Target on International Flavors & Fragrances to $108 From $95, Keeps Outperform Rating
- Positive Sentiment: Zacks Research upgraded IFF from “Hold” to “Strong-Buy,” reinforcing the improved analyst sentiment around the stock. Zacks Research Upgrades International Flavors & Fragrances
- Positive Sentiment: Zacks modestly increased EPS forecasts across multiple periods: Q3 2026 to $0.72 from $0.71, fiscal 2026 to $3.20 from $3.19, Q3 2027 to $1.01 from $1.00, Q4 2027 to $1.11 from $1.10, fiscal 2027 to $4.00 from $3.99, and fiscal 2028 to $4.73 from $4.71. These revisions suggest expectations for gradual earnings improvement.
- Neutral Sentiment: The referenced consensus estimate remains $3.29 in current-year EPS. IFF’s shares are substantially above their 50-day and 200-day moving averages, indicating strong recent momentum but also a relatively elevated valuation.
- Negative Sentiment: Investors should note that IFF’s latest reported quarter missed earnings and revenue expectations, while its valuation—about 86 times earnings in the provided data—leaves the stock sensitive to any disappointment in future results.
International Flavors & Fragrances Company Profile
International Flavors & Fragrances Inc (NYSE:IFF) develops and manufactures ingredients, flavor systems, fragrances and specialty solutions used in consumer and industrial products. Its offerings support food and beverage manufacturers, fragrance and personal care companies, household-product makers, pharmaceutical businesses and other customers.
The company’s portfolio includes flavors for beverages, dairy products, sweet goods, savory foods and other applications; fragrances for fine fragrance, personal care and home care products; and functional ingredients, enzymes, cultures, natural extracts and other specialty materials.
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