Sensient Technologies (NYSE:SXT) Coverage Initiated by Analysts at Rothschild & Co Redburn

Investment analysts at Rothschild & Co Redburn started coverage on shares of Sensient Technologies (NYSE:SXT) in a research note issued on Wednesday,Benzinga reports. The firm set a “neutral” rating and a $125.00 price target on the specialty chemicals company’s stock. Rothschild & Co Redburn’s target price points to a potential upside of 1.40% from the company’s current price.

SXT has been the subject of several other research reports. Weiss Ratings upgraded shares of Sensient Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, July 2nd. UBS Group reissued a “buy” rating on shares of Sensient Technologies in a research note on Monday, June 22nd. Finally, Zacks Research lowered Sensient Technologies from a “strong-buy” rating to a “hold” rating in a report on Friday, June 26th. Two investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, Sensient Technologies has a consensus rating of “Moderate Buy” and a consensus target price of $134.00.

Sensient Technologies Trading Down 0.9%

Sensient Technologies stock opened at $123.28 on Wednesday. The firm has a market cap of $5.25 billion, a price-to-earnings ratio of 36.37 and a beta of 0.78. Sensient Technologies has a 1 year low of $82.60 and a 1 year high of $129.35. The firm’s 50 day moving average price is $117.59 and its two-hundred day moving average price is $102.56. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.97 and a current ratio of 5.01.

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

Insiders Place Their Bets

In other Sensient Technologies news, VP Thierry Hoang sold 439 shares of the company’s stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $114.15, for a total value of $50,111.85. Following the transaction, the vice president owned 14,309 shares in the company, valued at approximately $1,633,372.35. This represents a 2.98% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 1.30% of the company’s stock.

Hedge Funds Weigh In On Sensient Technologies

Hedge funds have recently modified their holdings of the stock. Salomon & Ludwin LLC raised its holdings in shares of Sensient Technologies by 146.2% during the fourth quarter. Salomon & Ludwin LLC now owns 293 shares of the specialty chemicals company’s stock worth $28,000 after acquiring an additional 174 shares in the last quarter. Farther Finance Advisors LLC grew its stake in Sensient Technologies by 313.5% in the fourth quarter. Farther Finance Advisors LLC now owns 306 shares of the specialty chemicals company’s stock valued at $29,000 after purchasing an additional 232 shares in the last quarter. Kohmann Bosshard Financial Services LLC acquired a new position in Sensient Technologies in the 4th quarter worth about $33,000. Advisors Asset Management Inc. increased its position in Sensient Technologies by 53.1% in the 4th quarter. Advisors Asset Management Inc. now owns 401 shares of the specialty chemicals company’s stock worth $38,000 after purchasing an additional 139 shares during the last quarter. Finally, Kestra Advisory Services LLC purchased a new stake in shares of Sensient Technologies during the 4th quarter worth about $44,000. 90.86% of the stock is owned by institutional investors and hedge funds.

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.