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Easterly Investment Partners cut its IFF stake by over a third, despite the company's strong earnings and dividend.
Easterly Investment Partners reduced its stake in International Flavors & Fragrances (IFF) by 35.7%, now owning 12,500 shares.
IFF reported strong earnings of $0.97 per share, exceeding forecasts.
Zacks Research lowered IFF's Q3 2025 EPS estimate to $0.95.
The company also declared a quarterly dividend of $0.40 per share, with a yield of 2.04%.
IFF's stock has a market cap of $20.01 billion and a price-to-earnings ratio of 83.24.
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Easterly Investment Partners redujo su participación en el IFF en más de un tercio, a pesar de las fuertes ganancias y dividendos de la compañía.