Ingredion Incorporated (INGR)

Consumer · NYQ

$95.81-0.66% today

Price as at 1 Oct 2026, 01:24 UTC. Quotes are delayed.

Fundamentals

Market cap$6.26B
P/E ratio9.6
Dividend yield3.32%
Revenue growth (YoY)-1.2%
Profit margin9.4%
Return on equity16.2%
52-week range$94.44 to $123.49

Valuation and ratings

Fair value estimate$88.40
Upside to fair value-7.7%
Analyst target (mean)$121.17
Analyst range$104.00 to $150.00
Analysts with price targets6
Consensus viewhold
Moat score41/100
Overall rating48/100, moderate quality

Fair value: $88.40 (-7.7%), see how we got there

Ingredion Incorporated trades at $95.81, close to the $88.40 our fair value estimate puts on the business. On this measure the market and the model broadly agree, so the interesting question is which of them is wrong.

Our moat model scores it 41 out of 100, which is little in the way of a moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.

It changes hands at 9.6 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.

INGR dividend history

Dividend yield3.32%
Paid, trailing 12 months$2.46 per share
Most recent payment$0.820, ex 1 Jul 2026
5-year growth (p.a.)+4.9%
Consecutive years of growth1
Consecutive years paid28

Dividends per share by year

YearTotal per sharePayments
2026 (year to date)$2.463
2025$3.224
2024$2.363
2023$2.984
2022$2.724
2021$2.584
2020$2.544
2019$2.514
2018$2.454
2017$2.204
2016$1.904

Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.

INGR earnings and analyst estimates

EPS estimate, next year$11.56
Expected EPS growth+6.8%
Expected revenue growth+2.8%

Recommendation mix, 7 published ratings

2 buy5 hold0 sell

Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.

About Ingredion Incorporated

Ingredion Incorporated, together with its subsidiaries, engages in the manufacture and sale of sweeteners, starches, nutrition ingredients, and biomaterial solutions derived from wet milling and processing corn, and other starch-based materials to a range of industries worldwide. The company operates in Texture & Healthful Solutions; Food & Industrial Ingredients–LATAM; and Food & Industrial Ingredients–U.S./CANADA segments. It offers starch products for use in a range of processed foods; cornstarch; specialty paper starches for enhanced drainage, fiber retention, oil and grease resistance, improved printability, and biochemical oxygen demand control; starches and specialty starches for textile industry; industrial starches are used in the production of construction materials, textiles, adhesives, pharmaceuticals, and cosmetics, as well as in mining and water filtration; and specialty industrial starches for use in biomaterial applications, including biodegradable plastics, fabric softeners and detergents, hair and skin care applications, dusting powders for surgical gloves, and in the production of glass fiber and insulation. The company provides sweetener products comprising glucose syrups, high maltose syrup, high fructose corn syrup, dextrose, polyols, maltodextrin, glucose syrup solids, and non-genetically modified organism syrups for applications in food and beverage products, such as baked goods, snack foods, canned fruits, condiments, candy and other sweets, dairy products, ice cream, jams and jellies, prepared mixes, table syrups, and beverages. In addition, the company sells refined corn oil, corn gluten feed, and corn gluten meal; and other products. The company was formerly known as Corn Products International, Inc. and changed its name to Ingredion Incorporated in June 2012. Ingredion Incorporated was founded in 1906 and is headquartered in Westchester, Illinois.

Industry: Packaged FoodsEmployees: 11,000HQ: United States

Company profile, industry and headcount are as reported by our data provider and can lag a company's own filings by a reporting period. The annual report is the authority.

INGR passes 5 of our 30 screens today

Each screen prints the exact criteria it used, and the circumstances in which it is wrong.

Super investor ownership

14 of the funds we track reported a position in their latest SEC 13F filing. Largest first:

A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.

Politician trades in INGR

Trades in INGR disclosed by members of Congress and executive-branch officials, latest first:

  • Donald J Trump · Executive branchSell · $15,001 - $50,000 · traded 22 May 2026 · disclosed 1 Jul 2026
  • Donald J Trump · Executive branchSell · $1,001 - $15,000 · traded 18 May 2026 · disclosed 1 Jul 2026
  • Donald J Trump · Executive branchSell · $1,001 - $15,000 · traded 8 Jul 2024 · disclosed 22 Sept 2026
  • Ed Whitfield · HouseBuy · $1,001 - $15,000 · traded 25 Sept 2014 · disclosed 8 Oct 2014
  • Ed Whitfield · HouseBuy · $1,001 - $15,000 · traded 31 Jul 2014 · disclosed 14 Aug 2014

A disclosure reports a value band, not an amount, and is due up to 45 days after the trade; some arrive later. Every filer we track, each with their own page, is on the Congress trading tracker.

INGR peers

The largest companies in the same industry (Packaged Foods), then in the same sector.

Every consumer company we cover is on the Consumer hub.

Common questions

Is Ingredion Incorporated (INGR) undervalued?

Against our fair value estimate of $88.40, INGR at $95.81 is 8% above fair value. That is one model's answer, not a recommendation. It is built from normalized earning power with growth capped deliberately low, which understates companies whose value is mostly future growth.

Which funds own INGR?

14 of the institutions we track reported a position in INGR in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.

What is INGR's P/E ratio?

INGR trades at 9.6 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.

Does Ingredion Incorporated (INGR) pay a dividend?

Yes. Ingredion Incorporated yields 3.32% at the current share price. It has paid $2.46 per share over the trailing twelve months. It has paid a dividend in each of the last 28 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.

Where does SteadyShares get its INGR data?

Fundamentals for INGR come from company filings and exchange data, as listed on NYQ; institutional ownership comes from SEC 13F filings. The share price shown was last refreshed on 1 Oct 2026, 01:24 UTC and is delayed. Our data quality score for this company is 100/100, which is the share of the inputs behind our scores that were actually available rather than assumed. Metrics we do not hold are left out of the page rather than estimated.

The full research page for INGR, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.

Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.