International Flavors & Fragrances
About: International Flavors & Fragrances is the largest specialty ingredients producer globally. It sells ingredients for the food, beverage, health, household goods, personal care, and pharmaceutical industries. The company makes proprietary formulations, partnering with customers to deliver custom solutions. Through its taste and scent segments, which each generate around 25% of profits, IFF is a leading flavor and fragrances producer. The health and biosciences business, which generates 30% of profits, is a global leader in probiotics and enzymes. The remaining profits come from the food ingredients business, which sells texturants, plant-based proteins, and other ingredients.
Employees: 22,400
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
53% more call options, than puts
Call options by funds: $71.5M | Put options by funds: $46.9M
2% less repeat investments, than reductions
Existing positions increased: 252 | Existing positions reduced: 258
1.02% less ownership
Funds ownership: 93.0% [Q4 2024] → 91.98% (-1.02%) [Q1 2025]
6% less funds holding
Funds holding: 752 [Q4 2024] → 706 (-46) [Q1 2025]
9% less capital invested
Capital invested by funds: $20.1B [Q4 2024] → $18.3B (-$1.86B) [Q1 2025]
10% less funds holding in top 10
Funds holding in top 10: 10 [Q4 2024] → 9 (-1) [Q1 2025]
30% less first-time investments, than exits
New positions opened: 74 | Existing positions closed: 105
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
Tigress Financial Ivan Feinseth | 40%upside $105 | Buy Initiated | 4 Jun 2025 |
Morgan Stanley Lisa De Neve | 31%upside $98 | Overweight Maintained | 13 May 2025 |
Citigroup Patrick Cunningham | 20%upside $90 | Buy Maintained | 8 May 2025 |
Baird Ghansham Panjabi | 34%upside $100 | Outperform Maintained | 8 May 2025 |
Barclays Lauren Lieberman | 12%upside $84 | Overweight Upgraded | 8 May 2025 |
Financial journalist opinion
Based on 4 articles about IFF published over the past 30 days









