Yost Capital Management LP Purchases 26,300 Shares of Sensient Technologies Corporation $SXT

Yost Capital Management LP lifted its holdings in shares of Sensient Technologies Corporation (NYSE:SXTFree Report) by 43.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 86,300 shares of the specialty chemicals company’s stock after buying an additional 26,300 shares during the period. Sensient Technologies makes up about 9.8% of Yost Capital Management LP’s investment portfolio, making the stock its 4th largest holding. Yost Capital Management LP’s holdings in Sensient Technologies were worth $8,099,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in SXT. Royal Bank of Canada raised its stake in Sensient Technologies by 19.3% during the 1st quarter. Royal Bank of Canada now owns 4,952 shares of the specialty chemicals company’s stock valued at $369,000 after acquiring an additional 802 shares in the last quarter. AQR Capital Management LLC grew its stake in shares of Sensient Technologies by 103.2% in the first quarter. AQR Capital Management LLC now owns 8,852 shares of the specialty chemicals company’s stock worth $647,000 after purchasing an additional 4,496 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Sensient Technologies by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 25,091 shares of the specialty chemicals company’s stock worth $1,868,000 after purchasing an additional 1,107 shares in the last quarter. Millennium Management LLC increased its holdings in shares of Sensient Technologies by 112.1% during the first quarter. Millennium Management LLC now owns 115,042 shares of the specialty chemicals company’s stock valued at $8,563,000 after purchasing an additional 60,807 shares during the period. Finally, United Services Automobile Association acquired a new position in shares of Sensient Technologies during the first quarter valued at $201,000. 90.86% of the stock is owned by institutional investors.

Sensient Technologies Price Performance

NYSE SXT traded down $1.79 on Friday, reaching $89.84. 34,685 shares of the stock traded hands, compared to its average volume of 293,156. Sensient Technologies Corporation has a 12 month low of $67.79 and a 12 month high of $121.54. The company has a market cap of $3.82 billion, a price-to-earnings ratio of 28.42 and a beta of 0.55. The firm’s fifty day simple moving average is $95.46 and its 200 day simple moving average is $96.98. The company has a quick ratio of 1.53, a current ratio of 4.10 and a debt-to-equity ratio of 0.59.

Sensient Technologies (NYSE:SXTGet Free Report) last posted its quarterly earnings data on Friday, February 13th. The specialty chemicals company reported $0.72 EPS for the quarter, missing analysts’ consensus estimates of $0.78 by ($0.06). The firm had revenue of $393.45 million during the quarter, compared to the consensus estimate of $395.70 million. Sensient Technologies had a return on equity of 12.82% and a net margin of 8.34%.The firm’s quarterly revenue was up 4.5% on a year-over-year basis. During the same period in the prior year, the firm posted $0.70 EPS. Sensient Technologies has set its FY 2026 guidance at 3.600-3.800 EPS. As a group, research analysts predict that Sensient Technologies Corporation will post 3.1 EPS for the current fiscal year.

Sensient Technologies Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 2nd. Shareholders of record on Tuesday, February 3rd were given a $0.41 dividend. The ex-dividend date was Tuesday, February 3rd. This represents a $1.64 annualized dividend and a yield of 1.8%. Sensient Technologies’s payout ratio is 51.90%.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the stock. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Sensient Technologies in a report on Monday, December 29th. Zacks Research cut shares of Sensient Technologies from a “hold” rating to a “strong sell” rating in a research note on Tuesday, February 17th. One equities research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Sensient Technologies currently has an average rating of “Hold” and an average price target of $110.00.

Check Out Our Latest Report on Sensient Technologies

About Sensient Technologies

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Sensient Technologies (NYSE:SXT)

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