International Flavors & Fragrances Inc. (IFF) has been the focus of multiple significant transactions, including the acquisition of 3,908 shares by the Teacher Retirement System of Texas and 7,597 shares by Allstate Corp. IFF has introduced a new approach to scent design termed 'Science of Performance'. Critically, IFF is noted among the blue-chip stocks to invest in at 52-week lows. However, shareholders who invested three years ago are currently in the red. Over the quarter, multiple asset management companies have increased or adjusted their stockholdings in IFF including American Century Companies, Westpac Banking Corp, and Norges Bank. On the other hand, several key investors such as California Public Employees Retirement System, Barrow Hanley Mewhinney & Strauss LLC, and Pictet Asset Management Holding SA, sold shares of IFF. IFF recently received a 'Moderate Buy' consensus from analysts despite a recent 52-week low following an analyst downgrade by Barclays which has lowered its expectations. The likelihood of a turnaround is considered due to a stock dip of 14.15% in 4 weeks, coupled with notable stock buying activity by a company director. The last quarter saw IFF outshine with strong sales and profit growth, however, the returns on capital forecasts are tricky. Lately, IFF has utilized AI for real-time consumer feedback into fragrance creation and announced an executive departure, ensuring a smooth transition.
International Flavors Fragrances IFF News Analytics from Mon, 02 Sep 2024 07:00:00 GMT to Sat, 05 Apr 2025 21:33:13 GMT -
Rating 2
- Innovation 5
- Information 8
- Rumor -3
