Michael Leonard Buys Shares of Ingredion

Michael Leonard, the Senior Vice President and Chief Information Officer at Ingredion Incorporated, bought 36 shares of the company on June 30, 2026. This purchase was made at an average price of $94.71 per share, amounting to a total value of approximately $3,409.56. This transaction was not part of a pre-planned trading program.

Insider Buying and Selling at Ingredion Incorporated

In addition to Leonard's recent purchase, other insiders were also active. David Eric Seip, SVP of Global Operations and CSCO, bought 17 shares at $101.50 on June 15, 2026. Earlier in May, Leonard acquired 34 shares at $101.44, and Charles Magro made a notable purchase of 1,797 shares at $107.34.

Other Institutional Activity in Ingredion

Several major funds made moves with Ingredion shares. BlackRock, Inc. increased its holdings by 228,122 shares, reaching a total of 6,350,063 shares valued at about $715.4 million, reflecting a 3.7% increase. Dimensional Fund Advisors LP also added 175,600 shares, growing its stake by 6.0% to 3,115,136 shares worth approximately $350.9 million. First Trust Advisors LP made a significant addition of 1,059,324 shares, marking a 53.1% increase, totaling 3,054,149 shares valued at $344.1 million. Notably, Vanguard Portfolio Management LLC and Vanguard Capital Management LLC both opened new positions, acquiring 4,651,464 and 2,812,365 shares, respectively.

Ingredion Incorporated Stock Down 9.5%

Shares of NYSE:INGR traded near $94.71 on Wednesday. Ingredion boasts a market capitalization of $5.97 billion and a P/E ratio of 9.11, with a forward P/E of 8.16. The stock's beta is a relatively low 0.595, indicating less volatility compared to the market. Over the past 52 weeks, the stock has fluctuated between $94.44 and $138.40. Ingredion's 50-day moving average stands at $104.21, while the 200-day moving average is $112.02. The company maintains a healthy current ratio of 2.76 and a quick ratio of 1.78, with a debt-to-equity ratio of 41.43.

Recent Earnings

Ingredion reported revenue of $7.2 billion, though it experienced a slight decline with a revenue growth rate of -1.2%. The company's earnings per share (EPS) is 10.4, and it maintains a net margin of 9.36% with a return on equity of 16.19%. Ingredion is set to announce its next earnings on August 4, 2026.

Dividend

Ingredion pays an annual dividend of $3.28 per share, yielding 3.46%. The company's dividend payout ratio is 31.35%, indicating a commitment to returning value to shareholders.

Analysts Set New Price Targets

Analysts have been active in setting new price targets for Ingredion. On May 6, 2026, Barclays maintained a hold rating with a $120 price target. Oppenheimer kept a buy rating with a target of $126 on April 22, 2026. UBS also maintained a hold rating, setting a target of $122 on April 9, 2026. The consensus among analysts is a target mean price of $122.83, based on six opinions.

About Ingredion

Ingredion Incorporated, headquartered in Westchester, Illinois, is a global player in the consumer defensive sector, specifically within the packaged foods industry. The company specializes in manufacturing and selling sweeteners, starches, and other ingredients derived from corn and other starch-based materials. These products cater to a wide array of industries, including food and beverage, paper, textiles, and pharmaceuticals. Led by CEO James P. Zallie, Ingredion employs approximately 11,000 people worldwide.

Bottom Line

Michael Leonard's recent purchase of Ingredion shares highlights ongoing insider interest in the company. With a solid market position and a consistent dividend, Ingredion remains a stock to watch. As always, it's important to remember that insider trades are reported after the fact and may not indicate future performance.