Snyder Capital Management L P Reduces Stock Holdings in Sensient Technologies Corporation $SXT

Snyder Capital Management L P lowered its stake in shares of Sensient Technologies Corporation (NYSE:SXT) by 1.6% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 665,463 shares of the specialty chemicals company’s stock after selling 10,533 shares during the quarter. Snyder Capital Management L P owned 1.57% of Sensient Technologies worth $62,454,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. State of Wyoming bought a new position in Sensient Technologies during the third quarter valued at $32,000. EverSource Wealth Advisors LLC grew its stake in shares of Sensient Technologies by 181.1% during the second quarter. EverSource Wealth Advisors LLC now owns 475 shares of the specialty chemicals company’s stock valued at $47,000 after buying an additional 306 shares during the last quarter. GAMMA Investing LLC raised its holdings in shares of Sensient Technologies by 19.3% in the third quarter. GAMMA Investing LLC now owns 878 shares of the specialty chemicals company’s stock worth $82,000 after buying an additional 142 shares during the period. Nisa Investment Advisors LLC raised its holdings in shares of Sensient Technologies by 20.8% in the second quarter. Nisa Investment Advisors LLC now owns 899 shares of the specialty chemicals company’s stock worth $89,000 after buying an additional 155 shares during the period. Finally, Strs Ohio bought a new stake in shares of Sensient Technologies during the 1st quarter worth approximately $119,000. 90.86% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of brokerages have recently issued reports on SXT. Weiss Ratings reissued a “hold (c+)” rating on shares of Sensient Technologies in a research note on Monday, December 29th. Zacks Research lowered shares of Sensient Technologies from a “hold” rating to a “strong sell” rating in a research report on Tuesday, February 17th. One analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $110.00.

Sensient Technologies Trading Down 1.6%

NYSE SXT opened at $96.00 on Thursday. Sensient Technologies Corporation has a one year low of $67.79 and a one year high of $121.54. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.53 and a current ratio of 4.10. The company has a market capitalization of $4.08 billion, a price-to-earnings ratio of 30.38 and a beta of 0.55. The company’s 50-day simple moving average is $95.87 and its two-hundred day simple moving average is $97.83.

Sensient Technologies (NYSE:SXT) last issued its quarterly earnings data on Friday, February 13th. The specialty chemicals company reported $0.72 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.78 by ($0.06). The business had revenue of $393.45 million for the quarter, compared to analysts’ expectations of $395.70 million. Sensient Technologies had a net margin of 8.34% and a return on equity of 12.82%. The business’s quarterly revenue was up 4.5% compared to the same quarter last year. During the same period in the previous year, the business earned $0.70 earnings per share. Sensient Technologies has set its FY 2026 guidance at 3.600-3.800 EPS. Equities analysts forecast that Sensient Technologies Corporation will post 3.1 EPS for the current fiscal year.

Sensient Technologies Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 2nd. Shareholders of record on Tuesday, February 3rd were given a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a dividend yield of 1.7%. The ex-dividend date of this dividend was Tuesday, February 3rd. Sensient Technologies’s dividend payout ratio is presently 51.90%.

About Sensient Technologies

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.