Illinois Tool Works (ITW) Shareholder Cullinan Associates Has Decreased Holding as Shares Declined; Fairfield Bush & Company Has Decreased Stake in International Flavors&Frag. (IFF) by $1.57 Million as Market Value Declined

May 26, 2018 - By Kurt Siggers

International Flavors & Fragrances Inc. (NYSE:IFF) Logo

Fairfield Bush & Company decreased its stake in International Flavors&Frag. (IFF) by 19.62% based on its latest 2017Q4 regulatory filing with the SEC. Fairfield Bush & Company sold 10,328 shares as the company’s stock declined 11.22% with the market. The institutional investor held 42,319 shares of the basic industries company at the end of 2017Q4, valued at $6.46M, down from 52,647 at the end of the previous reported quarter. Fairfield Bush & Company who had been investing in International Flavors&Frag. for a number of months, seems to be less bullish one the $9.90 billion market cap company. The stock increased 0.34% or $0.43 during the last trading session, reaching $125.39. About 1.01M shares traded or 51.31% up from the average. International Flavors & Fragrances Inc. (NYSE:IFF) has risen 2.14% since May 26, 2017 and is uptrending. It has underperformed by 9.41% the S&P500.

Cullinan Associates Inc decreased its stake in Illinois Tool Works (ITW) by 25.1% based on its latest 2017Q4 regulatory filing with the SEC. Cullinan Associates Inc sold 6,667 shares as the company’s stock declined 6.87% with the market. The institutional investor held 19,890 shares of the industrial machinery and components company at the end of 2017Q4, valued at $3.32 million, down from 26,557 at the end of the previous reported quarter. Cullinan Associates Inc who had been investing in Illinois Tool Works for a number of months, seems to be less bullish one the $49.94 billion market cap company. The stock increased 0.05% or $0.07 during the last trading session, reaching $147.43. About 671,762 shares traded. Illinois Tool Works Inc. (NYSE:ITW) has risen 18.23% since May 26, 2017 and is uptrending. It has outperformed by 6.68% the S&P500.

Investors sentiment increased to 0.9 in Q4 2017. Its up 0.03, from 0.87 in 2017Q3. It increased, as 39 investors sold ITW shares while 379 reduced holdings. 117 funds opened positions while 261 raised stakes. 229.09 million shares or 9.01% less from 251.79 million shares in 2017Q3 were reported. Stonebridge Cap Mngmt owns 15,608 shares. Eagle Glob Advisors Limited Co accumulated 2,266 shares. Commonwealth Bankshares Of Aus reported 36,687 shares. First Interstate Bancshares holds 10,423 shares or 0.37% of its portfolio. Ameriprise Finance Inc invested in 540,791 shares. Mark Sheptoff Financial Planning Ltd Liability Com invested in 39 shares or 0% of the stock. M Kraus owns 43,083 shares for 4.35% of their portfolio. Verity Verity Limited Liability invested in 0.22% or 5,198 shares. 2,447 are held by Eqis Capital Management. Cornerstone Cap Management Liability Com has invested 0.07% in Illinois Tool Works Inc. (NYSE:ITW). Tnb holds 0.05% or 1,472 shares. Aspen Invest invested in 8,917 shares or 1.06% of the stock. Mu holds 33,900 shares. 1,733 were reported by Pekin Singer Strauss Asset Mgmt Il. 1.76 million are owned by Pnc Fincl Svcs Grp Inc.

Analysts await Illinois Tool Works Inc. (NYSE:ITW) to report earnings on July, 23. They expect $1.97 EPS, up 18.67% or $0.31 from last year’s $1.66 per share. ITW’s profit will be $667.37 million for 18.71 P/E if the $1.97 EPS becomes a reality. After $1.90 actual EPS reported by Illinois Tool Works Inc. for the previous quarter, Wall Street now forecasts 3.68% EPS growth.

Among 19 analysts covering Illinois Tool Works Inc (NYSE:ITW), 8 have Buy rating, 0 Sell and 11 Hold. Therefore 42% are positive. Illinois Tool Works Inc had 90 analyst reports since July 24, 2015 according to SRatingsIntel. The stock has “Buy” rating by Goldman Sachs on Thursday, June 1. Barclays Capital initiated the shares of ITW in report on Monday, January 11 with “Equal Weight” rating. The stock of Illinois Tool Works Inc. (NYSE:ITW) has “Hold” rating given on Monday, March 27 by Stifel Nicolaus. On Friday, August 28 the stock rating was upgraded by Zacks to “Hold”. Stifel Nicolaus maintained the stock with “Hold” rating in Friday, September 15 report. As per Thursday, April 21, the company rating was maintained by Seaport Global. The stock has “In-Line” rating by Evercore on Monday, August 7. Citigroup maintained the shares of ITW in report on Monday, October 9 with “Buy” rating. The rating was maintained by Jefferies on Wednesday, January 24 with “Buy”. The rating was maintained by Citigroup on Thursday, January 25 with “Buy”.

More news for Illinois Tool Works Inc. (NYSE:ITW) were recently published by: Globenewswire.com, which released: “ITW Announces Upcoming Investor Conferences” on May 07, 2018. Globenewswire.com‘s article titled: “ITW Board of Directors Declares Quarterly Dividend” and published on May 04, 2018 is yet another important article.

Cullinan Associates Inc, which manages about $1.27B and $1.36 billion US Long portfolio, upped its stake in Prologis Inc (NYSE:PLD) by 7,600 shares to 10,800 shares, valued at $697,000 in 2017Q4, according to the filing. It also increased its holding in Intuit (NASDAQ:INTU) by 5,995 shares in the quarter, for a total of 27,205 shares, and has risen its stake in Bank Of N.Y. (NYSE:BK).

Since December 8, 2017, it had 0 insider buys, and 2 sales for $8.31 million activity. NAGARAJAN SUNDARAM also sold $3.32 million worth of Illinois Tool Works Inc. (NYSE:ITW) shares.

Investors sentiment is 1.08 in 2017 Q4. Its the same as in 2017Q3. It is without change, as 19 investors sold IFF shares while 153 reduced holdings. only 45 funds opened positions while 141 raised stakes. 53.54 million shares or 0.12% more from 53.47 million shares in 2017Q3 were reported. Sumitomo Mitsui Tru Inc owns 218,415 shares. Bnp Paribas Asset Mngmt Sa has invested 0.12% in International Flavors & Fragrances Inc. (NYSE:IFF). Alpine Woods Investors Ltd Liability Com invested in 21,450 shares. Legacy Capital holds 0.15% or 2,000 shares. State Treasurer State Of Michigan has 23,142 shares for 0.03% of their portfolio. Wilkins Invest Counsel has 3.32% invested in International Flavors & Fragrances Inc. (NYSE:IFF). Vident Inv Advisory Limited Liability Company owns 2,663 shares for 0.02% of their portfolio. 21 are held by Johnson Fincl Group Inc Inc. Rockefeller Ser reported 114 shares. Charter Tru invested in 17,767 shares. Renaissance Tech Ltd Liability Com, New York-based fund reported 129,400 shares. Principal invested in 120,805 shares. Point72 Asia (Hong Kong) Limited holds 0.05% of its portfolio in International Flavors & Fragrances Inc. (NYSE:IFF) for 424 shares. Arcadia Mngmt Mi reported 0.03% of its portfolio in International Flavors & Fragrances Inc. (NYSE:IFF). Mutual Of America Cap Mgmt Limited Liability Com holds 0.02% of its portfolio in International Flavors & Fragrances Inc. (NYSE:IFF) for 9,338 shares.

Fairfield Bush & Company, which manages about $437.54M and $362.85M US Long portfolio, upped its stake in Jm Smucker Co. (NYSE:SJM) by 4,267 shares to 60,611 shares, valued at $7.53M in 2017Q4, according to the filing. It also increased its holding in Amazon.Com Inc. (NASDAQ:AMZN) by 1,525 shares in the quarter, for a total of 13,150 shares, and has risen its stake in Microsoft Corp. (NASDAQ:MSFT).

Analysts await International Flavors & Fragrances Inc. (NYSE:IFF) to report earnings on August, 14. They expect $1.63 earnings per share, up 8.67% or $0.13 from last year’s $1.5 per share. IFF’s profit will be $128.66 million for 19.23 P/E if the $1.63 EPS becomes a reality. After $1.69 actual earnings per share reported by International Flavors & Fragrances Inc. for the previous quarter, Wall Street now forecasts -3.55% negative EPS growth.

Among 18 analysts covering Internationa Flavors & Fragrances (NYSE:IFF), 8 have Buy rating, 2 Sell and 8 Hold. Therefore 44% are positive. Internationa Flavors & Fragrances had 42 analyst reports since August 11, 2015 according to SRatingsIntel. The stock of International Flavors & Fragrances Inc. (NYSE:IFF) has “Neutral” rating given on Tuesday, August 11 by UBS. Stifel Nicolaus downgraded International Flavors & Fragrances Inc. (NYSE:IFF) on Monday, January 25 to “Hold” rating. The firm earned “Hold” rating on Tuesday, May 8 by J.P. Morgan. J.P. Morgan downgraded the shares of IFF in report on Friday, March 16 to “Sell” rating. The rating was maintained by Stifel Nicolaus on Tuesday, May 8 with “Hold”. The company was maintained on Thursday, February 15 by KeyBanc Capital Markets. The stock of International Flavors & Fragrances Inc. (NYSE:IFF) earned “Neutral” rating by Consumer Edge Research on Thursday, February 16. The stock of International Flavors & Fragrances Inc. (NYSE:IFF) has “Underweight” rating given on Friday, March 16 by JP Morgan. The stock of International Flavors & Fragrances Inc. (NYSE:IFF) earned “Buy” rating by Berenberg on Wednesday, July 20. The rating was maintained by KeyBanc Capital Markets on Wednesday, November 8 with “Overweight”.

More news for International Flavors & Fragrances Inc. (NYSE:IFF) were recently published by: Seekingalpha.com, which released: “Look For Broken Stocks On Tepid Market Days – Cramer’s Mad Money (5/22/18)” on May 23, 2018. Seekingalpha.com‘s article titled: “IFF to merge with Frutarom” and published on May 07, 2018 is yet another important article.

Since February 14, 2018, it had 18 insider purchases, and 4 selling transactions for $227.99 million activity. The insider BOTTOLI MARCELLO bought 920 shares worth $117,990. The insider Chwat Anne sold $377,700. 603 shares valued at $85,590 were sold by Fortanet Francisco on Wednesday, February 14.

Illinois Tool Works Inc. (NYSE:ITW) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter:


Recent Posts