Sei Investments Co. Purchases 37,451 Shares of Sensient Technologies Corporation $SXT

Sei Investments Co. boosted its position in Sensient Technologies Corporation (NYSE:SXT) by 17.8% during the 1st quarter, Holdings Channel.com reports. The fund owned 248,193 shares of the specialty chemicals company’s stock after buying an additional 37,451 shares during the quarter. Sei Investments Co.’s holdings in Sensient Technologies were worth $21,454,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Salomon & Ludwin LLC lifted its position in Sensient Technologies by 146.2% during the 4th quarter. Salomon & Ludwin LLC now owns 293 shares of the specialty chemicals company’s stock valued at $28,000 after purchasing an additional 174 shares during the period. Farther Finance Advisors LLC grew its position 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 buying an additional 232 shares during the period. Kohmann Bosshard Financial Services LLC bought a new stake in shares of Sensient Technologies during the fourth quarter worth approximately $33,000. Advisors Asset Management Inc. raised its stake in shares of Sensient Technologies by 53.1% during the fourth quarter. Advisors Asset Management Inc. now owns 401 shares of the specialty chemicals company’s stock worth $38,000 after buying an additional 139 shares during the last quarter. Finally, Kestra Advisory Services LLC acquired a new position in Sensient Technologies in the fourth quarter valued at approximately $44,000. 90.86% of the stock is currently owned by institutional investors and hedge funds.

Sensient Technologies Stock Performance

Shares of SXT stock opened at $124.85 on Wednesday. The stock has a market cap of $5.31 billion, a PE ratio of 33.65 and a beta of 0.78. The stock has a 50-day moving average of $117.20 and a 200-day moving average of $104.75. The company has a debt-to-equity ratio of 0.61, a current ratio of 4.39 and a quick ratio of 1.72. Sensient Technologies Corporation has a one year low of $82.60 and a one year high of $131.04.

Sensient Technologies (NYSE:SXT) last released its quarterly earnings data on Friday, July 24th. The specialty chemicals company reported $1.20 earnings per share for the quarter, topping the consensus estimate of $1.03 by $0.17. The business had revenue of $462.08 million for the quarter, compared to analyst estimates of $448.84 million. Sensient Technologies had a net margin of 9.27% and a return on equity of 13.77%. Sensient Technologies’s quarterly revenue was up 11.6% compared to the same quarter last year. During the same quarter last year, the firm earned $0.88 EPS. Sensient Technologies has set its FY 2026 guidance at 4.100-4.200 EPS. As a group, sell-side analysts expect that Sensient Technologies Corporation will post 4.2 earnings per share for the current year.

Sensient Technologies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Monday, August 3rd will be issued a $0.41 dividend. The ex-dividend date is Monday, August 3rd. This represents a $1.64 annualized dividend and a yield of 1.3%. Sensient Technologies’s dividend payout ratio (DPR) is 44.20%.

Analysts Set New Price Targets

SXT has been the topic of a number of recent research reports. Zacks Research cut shares of Sensient Technologies from a “strong-buy” rating to a “hold” rating in a research note on Friday, June 26th. UBS Group upped their target price on shares of Sensient Technologies from $143.00 to $155.00 and gave the company a “buy” rating in a research report on Monday. Rothschild & Co Redburn started coverage on Sensient Technologies in a research note on Wednesday, July 8th. They issued a “neutral” rating and a $125.00 price target on the stock. Weiss Ratings upgraded Sensient Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, July 2nd. Finally, Robert W. Baird lifted their price objective on Sensient Technologies from $125.00 to $140.00 and gave the stock an “outperform” rating in a research note on Monday. Three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $140.00.

Insider Buying and Selling at Sensient Technologies

In other news, VP Thierry Hoang sold 439 shares of Sensient Technologies stock in a transaction on Monday, May 4th. The shares were sold at an average price of $114.15, for a total transaction of $50,111.85. Following the transaction, the vice president directly owned 14,309 shares of the company’s stock, valued at $1,633,372.35. This trade represents a 2.98% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.30% of the stock is currently owned by corporate insiders.

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.