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USConsumer Defensive

Ingredion Incorporated (INGR)

US · Consumer Defensive · Packaged Foods

$99.01+0.54%
Last close · 2026-09-17

Latest quarter · ended 2026-06-30

Revenue
$1.85B
Revenue YoY
+0.9%
Net profit
$114.0M
Profit YoY
-41.8%
EPS
$2.82
EPS estimate
$2.73
Net margin
6.2%

EPS came in at 2.82 against a street estimate of 2.73 — a beat of 3.3%.

Key statistics

Market cap
$6.21B
P/E
10.8
Forward P/E
8.5
P/B
1.37
Book value
$71.70
EPS (TTM)
$9.15
Dividend yield
3.31%
52-week high
$121.53
52-week low
$93.62
50-day MA
$102.28
200-day MA
$107.95
Beta
0.61

Analyst view

Analysts rate Ingredion Incorporated a buy (3 buy, 4 hold, 0 sell out of 7) with an average price target of $121.50.

From the latest earnings call · 2026-08-04

MIXED Q2 delivered flat sales, 5% op income decline. Texture & Healthful Solutions strong (9 consecutive quarters volume growth); Argo facility stabilized but still limping. Tate & Lyle acquisition cleared shareholder vote, regulatory approvals underway. Q2 2026 Mexico peso strength vs USD increases operating costs in peso-denominated operations, negating translation benefits. Brazil industrial/brewing markets solid. Argo reliability improvements expected to drive sequential gains. Analysts pressed on Q2–Q4 margin recovery post-Argo, tapioca pricing pass-through timing, and whether volume declines were demand-driven or operationally forced. Management reassured that Argo is fixed, pricing is sticky, and network moves into TNHS are temporary, allowing F&I U.S./Canada return to normal next year. 2026-08-04…

Full summary in the app.

Shareholding

Insiders
0.89%
Institutions
101.85%

Largest institutional holders

FundStake
BlackRock Inc10.07%
Vanguard Portfolio Management, LLC7.38%
Dimensional Fund Advisors, Inc.5.32%
Vanguard Capital Management, LLC4.46%
LSV Asset Management3.59%
AQR Capital Management LLC3.50%
State Street Corp3.43%
FMR Inc2.42%

Recent filings & reports

DocumentDate
Board / officer change · Q3 2026
INGREDION INCORPORATED - FORM 8-K SUMMARY Filed: August 20, 2026 --- BUSINESS & SEGMENT HIGHLIGHTS • Diego Reynoso elected as Executive Vice Presid
2026-08-20
Quarterly report · Q2 2026
INGREDION INCORPORATED - FORM 10-Q SUMMARY Quarter Ended June 30, 2026 --- HEADLINE NUMBERS • Net sales (6 months): $3,642 million vs $3,646 millio
2026-08-07
Results announced · Q3 2026
INGREDION INCORPORATED - Q2 2026 SUMMARY HEADLINE NUMBERS • Q2 2026 Reported EPS: $1.78 vs. $2.99 in Q2 2025 (down 40%) • Q2 2026 Adjusted EPS: $2.8
2026-08-04
Reg FD disclosure · Q3 2026
INGREDION INCORPORATED – FORM 8-K SUMMARY HEADLINE NUMBERS • Deal announcement date: June 8, 2026 • Shareholder vote date: July 28, 2026 • Expected
2026-07-28
Reg FD disclosure · Q3 2026
INGREDION INCORPORATED – FORM 8-K SUMMARY HEADLINE NUMBERS • Acquisition Target: Tate & Lyle PLC (English company) • Deal Structure: All-cash recomm
2026-07-06
Quarterly report · Q1 2026
INGREDION INCORPORATED – Q1 2026 10-Q SUMMARY HEADLINE NUMBERS • Net sales Q1 2026: $1,792 million (down $21 million or 1.2% vs. Q1 2025: $1,813 mil
2026-05-08
Proxy statement · Q2 2026
INGREDION INCORPORATED – 2026 PROXY STATEMENT SUMMARY WHAT SHAREHOLDERS ARE VOTING ON • Proposal 1: Elect 11 director nominees to the Board, each fo
2026-04-08
Annual report FY2025
INGREDION INCORPORATED – 2025 FORM 10-K SUMMARY HEADLINE NUMBERS • Market capitalization: $8.692 billion as of June 30, 2025 (based on $135.62 stock
2026-02-17

Readable in the app.

Corporate actions

ActionDetailDate
Dividend$0.82 / share
ex-date Jul 1, 2026 · pay Jul 21, 2026
2026-07-01
Dividend$0.82 / share
ex-date Apr 1, 2026 · pay Apr 21, 2026
2026-04-01
Dividend$0.82 / share
ex-date Jan 2, 2026 · pay Jan 20, 2026
2026-01-02
Dividend$0.82 / share
ex-date Oct 1, 2025 · pay Oct 21, 2025
2025-10-01

Deals & corporate news

AnnouncementDate
Shareholders approve all-cash acquisition of Tate Lyle PLC
Ingredion Incorporated announced that shareholders of Tate Lyle PLC approved an all-cash acquisition on July 28, 2026. This was a major regulatory milestone in the deal originally announced
2026-07-28
Scheme document published for recommended cash acquisition of Tate Lyle
Ingredion Incorporated announced that Tate Lyle PLC published formal documents for their previously announced all-cash acquisition. Tate Lyle shareholders will vote on the acquisition at two
2026-07-06
Completed sale of 51% stake in Pakistan-based subsidiary to Nishat Group
Ingredion Incorporated completed the sale of a 51% majority stake in Rafhan Maize Products Co. Ltd., a Pakistan-based starch and glucose manufacturer, to the Nishat Group on June 30, 2026. I
2026-06-30
Secured $1.475B delayed draw term loan facility for Tate Lyle acquisition
Ingredion Incorporated secured a $1.475 billion delayed draw term loan to finance its acquisition of Tate Lyle PLC. The loan consists of two tranches: $500 million (Tranche A-1) maturing in
2026-06-25
Agreed to acquire Tate Lyle PLC for approximately $3.6 billion cash
Ingredion Incorporated announced it will acquire Tate Lyle PLC, a major competitor in the food ingredients industry, for 595 pence per share in an all-cash deal valued at approximately £2.7
2026-06-09

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Data updated 2026-09-18.