Impax Asset Management Group plc significantly increased its holdings in International Flavors & Fragrances Inc. by 189.4% in the third quarter, now owning 49,081 shares worth $3.02 million. This move is part of broader institutional investment shifts, with other firms also adjusting their positions in the specialty chemicals company. Despite some recent positive news regarding revenue and balance sheet improvements, International Flavors & Fragrances faced a decline in EPS, and analysts have issued mixed ratings on the stock.
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Impax Asset Management Group plc Raises Position in International Flavors & Fragrances Inc. $IFF
Impax Asset Management Group plc significantly increased its holdings in International Flavors & Fragrances Inc. by 189.4% in the third quarter, now owning 49,081 shares worth $3.02 million. This move is part of broader institutional investment shifts, with other firms also adjusting their positions in the specialty chemicals company. Despite some recent positive news regarding revenue and balance sheet improvements, International Flavors & Fragrances faced a decline in EPS, and analysts have issued mixed ratings on the stock.