Why International Flavors & Fragrances (IFF) Stock Is Up Today

International Flavors & Fragrances (IFF) is up 8.8% today. Here is some analysis on what might have caused this price movement. ([ir.iff.com](https://ir.iff.com/?utm_source=openai))

Analysis: The clearest fundamental backdrop is IFF’s ongoing portfolio overhaul, which includes major divestitures intended to sharpen the business around higher-growth, higher-margin categories and improve the balance sheet. If there was no single fresh headline driving the move intraday, this could be because investors are continuing to re-rate the stock ahead of, or in reaction to, management’s August 4-5 second-quarter update. ([ir.iff.com](https://ir.iff.com/news-releases/news-release-details/iff-enters-agreement-sell-its-food-ingredients-business-cvc?utm_source=openai))

Details:

IFF said on July 20 it agreed to sell its portfolio of botanical extracts, vitamins and minerals, and food enhancement activities to SuanNutra, extending the company’s simplification effort. ([ir.iff.com](https://ir.iff.com/press-releases?utm_source=openai))

Earlier, IFF entered into an agreement to sell its Food Ingredients business to CVC in a transaction valued at about $4.3 billion, with the company framing the deal as a way to strengthen the balance sheet and focus on higher-growth, higher-margin operations. ([ir.iff.com](https://ir.iff.com/news-releases/news-release-details/iff-enters-agreement-sell-its-food-ingredients-business-cvc?utm_source=openai))

IFF told investors it would release second-quarter 2026 results after the market close on August 4 and host a webcast on August 5, putting added attention on the shares this week. ([ebs.publicnow.com](https://ebs.publicnow.com/view/E780A5B0DE920033EC5F8DB374A0328162048499?utm_source=openai))

In its first-quarter release, IFF had reiterated 2026 sales and adjusted EBITDA guidance, giving investors a baseline for judging whether the transformation plan remained on track. ([ir.iff.com](https://ir.iff.com/static-files/02241803-12e0-45ad-90ee-9bc87542c769?utm_source=openai))

Sources:

International Flavors & Fragrances Investor Relations, SEC, Business Wire

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$IFF Insider Trading Activity

$IFF insiders have traded $IFF stock on the open market 8 times in the past 6 months. Of those trades, 8 have been purchases and 0 have been sales.

Here’s a breakdown of recent trading of $IFF stock by insiders over the last 6 months:

PAUL J FRIBOURG has made 6 purchases buying 429,849 shares for an estimated $31,281,950 and 0 sales.
J ERIK FYRWALD (Chief Executive Officer) has made 2 purchases buying 14,260 shares for an estimated $995,204 and 0 sales.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

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$IFF Hedge Fund Activity

We have seen 343 institutional investors add shares of $IFF stock to their portfolio, and 302 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

MILLENNIUM MANAGEMENT LLC removed 4,386,805 shares (-99.6%) from their portfolio in Q1 2026, for an estimated $318,262,702
FRANKLIN RESOURCES INC added 1,481,919 shares (+3348.9%) to their portfolio in Q1 2026, for an estimated $107,513,223
EURIZON CAPITAL SGR S.P.A. added 1,081,714 shares (+50.4%) to their portfolio in Q2 2026, for an estimated $85,693,383
CANADA PENSION PLAN INVESTMENT BOARD added 976,773 shares (+16555.5%) to their portfolio in Q1 2026, for an estimated $70,864,881
WOODLINE PARTNERS LP added 918,135 shares (+2101.1%) to their portfolio in Q1 2026, for an estimated $66,610,694
MANUFACTURERS LIFE INSURANCE COMPANY, THE added 851,992 shares (+585.0%) to their portfolio in Q1 2026, for an estimated $61,812,019
DAVENPORT & CO LLC added 834,443 shares (+1483.3%) to their portfolio in Q2 2026, for an estimated $66,104,574

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$IFF Analyst Ratings

Wall Street analysts have issued reports on $IFF in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

JP Morgan issued a "Overweight" rating on 05/07/2026

To track analyst ratings and price targets for $IFF, check out Quiver Quantitative's $IFF forecast page.

$IFF Price Targets

Multiple analysts have issued price targets for $IFF recently. We have seen 10 analysts offer price targets for $IFF in the last 6 months, with a median target of $91.0.

Here are some recent targets:

Lisa De Neve from Morgan Stanley set a target price of $95.0 on 07/01/2026
Alexandra Yates from Argus Research set a target price of $85.0 on 06/30/2026
Patrick Cunningham from Citigroup set a target price of $88.0 on 06/24/2026
An analyst from Benchmark set a target price of $100.0 on 06/09/2026
Lauren Lieberman from Barclays set a target price of $90.0 on 05/08/2026
Kristen Owen from Oppenheimer set a target price of $90.0 on 05/07/2026
Jeffrey Zekauskas from JP Morgan set a target price of $92.0 on 05/07/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.