Los Angeles Capital Management LLC Purchases New Stake in Sensient Technologies Corporation $SXT

Los Angeles Capital Management LLC acquired a new position in shares of Sensient Technologies Corporation (NYSE:SXT) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 16,713 shares of the specialty chemicals company’s stock, valued at approximately $1,500,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Salomon & Ludwin LLC increased its stake in shares of Sensient Technologies by 146.2% in the 4th quarter. Salomon & Ludwin LLC now owns 293 shares of the specialty chemicals company’s stock worth $28,000 after acquiring an additional 174 shares during the last quarter. Farther Finance Advisors LLC raised its holdings in shares of Sensient Technologies by 313.5% during the 4th quarter. Farther Finance Advisors LLC now owns 306 shares of the specialty chemicals company’s stock worth $29,000 after acquiring an additional 232 shares during the period. State of Wyoming acquired a new position in shares of Sensient Technologies during the 3rd quarter valued at about $32,000. Kohmann Bosshard Financial Services LLC acquired a new position in shares of Sensient Technologies during the 4th quarter valued at about $33,000. Finally, EverSource Wealth Advisors LLC grew its holdings in shares of Sensient Technologies by 181.1% in the second quarter. EverSource Wealth Advisors LLC now owns 475 shares of the specialty chemicals company’s stock valued at $47,000 after purchasing an additional 306 shares during the period. Institutional investors and hedge funds own 90.86% of the company’s stock.

Wall Street Analysts Forecast Growth

SXT has been the subject of several recent analyst reports. Weiss Ratings upgraded shares of Sensient Technologies from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, April 24th. UBS Group boosted their target price on shares of Sensient Technologies from $115.00 to $143.00 and gave the company a “buy” rating in a report on Tuesday, April 28th. Finally, Zacks Research raised shares of Sensient Technologies from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 19th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of $134.00.

Sensient Technologies Stock Performance

Shares of Sensient Technologies stock opened at $119.69 on Thursday. The firm has a market cap of $5.10 billion, a PE ratio of 35.31 and a beta of 0.80. The company has a quick ratio of 1.97, a current ratio of 5.01 and a debt-to-equity ratio of 0.63. Sensient Technologies Corporation has a 52 week low of $82.60 and a 52 week high of $129.35. The business’s fifty day simple moving average is $108.31 and its 200-day simple moving average is $99.18.

Sensient Technologies (NYSE:SXT) last issued its quarterly earnings data on Friday, April 24th. The specialty chemicals company reported $1.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.80 by $0.24. The firm had revenue of $435.83 million during the quarter, compared to the consensus estimate of $411.39 million. Sensient Technologies had a return on equity of 13.12% and a net margin of 8.71%.The company’s quarterly revenue was up 11.1% on a year-over-year basis. During the same period last year, the company earned $0.86 EPS. Sensient Technologies has set its FY 2026 guidance at 3.700-3.90 EPS. Equities analysts forecast that Sensient Technologies Corporation will post 3.9 earnings per share for the current year.

Sensient Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Monday, May 11th were paid a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend was Monday, May 11th. Sensient Technologies’s payout ratio is 48.38%.

Insider Activity

In other news, VP Thierry Hoang sold 400 shares of the company’s stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $115.19, for a total value of $46,076.00. Following the transaction, the vice president directly owned 13,909 shares in the company, valued at approximately $1,602,177.71. This represents a 2.80% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 1.30% of the company’s stock.

Sensient Technologies Company Profile

Sensient Technologies Corporation is a global leader in the manufacture and supply of colors, flavors and fragrances for a broad range of end-markets. The company develops and produces ingredients that enhance the appearance, taste and scent of products in the food, beverage, nutraceutical, pharmaceutical, personal care and household sectors. Its portfolio includes natural and synthetic colorants, botanical and artificial flavor systems, fragrance compounds and specialty chemical offerings tailored to customer specifications.

Within its flavor and fragrance division, Sensient provides custom formulations for sweet, savory and umami taste profiles along with fragrance blends for personal care and cosmetic applications.