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Nordea trims stake in International Flavors & Fragrances by 19.5% amid mixed earnings and dividend news

Market News
23 Mar 2026
Defense World
View Source
Bearish
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Nordea Investment Management reduced its holdings in International Flavors & Fragrances (IFF) by 19.5% in Q4, selling over 414,000 shares. Despite this, other major investors like Dodge & Cox and Vanguard increased their stakes. IFF recently reported a slight earnings miss but revenue beat estimates, with a 6.6% revenue decline year-over-year. The company announced a quarterly dividend of $0.40 per share, yielding 2.4%, and analysts maintain a moderate buy consensus with a target price around $90. Insider buying was also noted, signaling confidence amid mixed market reactions.

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