UBS Lowers Price Target on Ingredion (INGR) After Q3 Miss and Operational Challenges

Core Insights - Ingredion Incorporated (NYSE: INGR) has been identified as one of the overlooked dividend stocks to consider for investment [1] - UBS has lowered its price target for Ingredion from $130 to $119 following disappointing Q3 results and operational challenges [2] Financial Performance - For Q3 2025, Ingredion reported revenue of $1.82 billion, reflecting a 3% decline year-over-year and falling $74.6 million short of analysts' expectations [3] - The company's operating income decreased by 7% year-over-year, while adjusted operating income dropped by 10% [3] - The Food & Industrial Ingredients segment experienced an 18% decline in operating income, primarily due to production issues at the Chicago plant and reduced consumer demand [3] Business Segments - Despite challenges, the diversified business model of Ingredion helped mitigate some impacts, with the Texture & Healthful Solutions segment showing solid sales and operating income growth [4] - Ingredion serves as a global supplier of ingredient solutions for food and beverage manufacturers [4]