Ingredion Incorporated published a transcript from its participation at the Stephens Annual Investment Conference held on November 19, 2025. The event featured a fireside chat attended by Pooran Sharma, Food and Agribusiness Equity Research Analyst at Stephens, and Jim Gray, Executive Vice President and Chief Financial Officer of Ingredion. During the discussion, management highlighted Ingredion's strategic transformation from a legacy starch and sweetener supplier to a diversified, higher-margin solutions platform focused on texture science, clean label, and healthful ingredients. The company's operations now span over 120 countries, serving more than 16,000 customers across food, beverage, industrial, pharmaceutical, and personal care markets. Addressing the company's financial outlook, the CFO stated, "On a blended basis, I would say, that it still comes together for Ingredion really seeking kind of mid-single digit to high-single digit OP income growth." The executive also emphasized the company's focus on adjusted EPS growth and a total shareholder return (TSR) target above 10%. The executive further explained Ingredion's resilience to trade disruptions, noting, "We're maybe 80%-a little bit north of 80% locally made locally, locally sold to customers. So we just didn't have that risk" when it comes to tariffs and country-specific trade changes. The full transcript can be accessed through the link below.