GSA Capital Partners LLP Makes New Investment in Sensient Technologies Corporation $SXT

GSA Capital Partners LLP purchased a new stake in Sensient Technologies Corporation (NYSE:SXT) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 6,826 shares of the specialty chemicals company’s stock, valued at approximately $842,000.

Several other institutional investors have also modified their holdings of the business. MML Investors Services LLC increased its position in shares of Sensient Technologies by 3.9% during the fourth quarter. MML Investors Services LLC now owns 3,146 shares of the specialty chemicals company’s stock worth $296,000 after acquiring an additional 119 shares during the period. Oregon Public Employees Retirement Fund boosted its holdings in Sensient Technologies by 1.4% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 9,675 shares of the specialty chemicals company’s stock valued at $909,000 after purchasing an additional 130 shares during the period. Advisors Asset Management Inc. grew its stake in Sensient Technologies by 53.1% during 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 in the last quarter. Covestor Ltd grew its stake in Sensient Technologies by 31.7% during the 4th quarter. Covestor Ltd now owns 594 shares of the specialty chemicals company’s stock worth $56,000 after purchasing an additional 143 shares in the last quarter. Finally, Evergreen Capital Management LLC increased its holdings in Sensient Technologies by 3.4% during the 2nd quarter. Evergreen Capital Management LLC now owns 4,500 shares of the specialty chemicals company’s stock worth $443,000 after purchasing an additional 146 shares during the period. Institutional investors and hedge funds own 90.86% of the company’s stock.

Sensient Technologies Trading Down 2.4%

SXT opened at $130.25 on Wednesday. The company has a quick ratio of 1.72, a current ratio of 4.39 and a debt-to-equity ratio of 0.61. Sensient Technologies Corporation has a 52 week low of $82.60 and a 52 week high of $136.58. The business’s 50 day moving average is $121.46 and its two-hundred day moving average is $108.14. The firm has a market cap of $5.54 billion, a price-to-earnings ratio of 35.11 and a beta of 0.78.

Sensient Technologies (NYSE:SXT) last announced its earnings results on Friday, July 24th. The specialty chemicals company reported $1.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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%. The company’s revenue for the quarter was up 11.6% compared to the same quarter last year. During the same period last year, the firm posted $0.88 earnings per share. Sensient Technologies has set its FY 2026 guidance at 4.100-4.200 EPS. On average, research analysts predict that Sensient Technologies Corporation will post 4.2 EPS for the current year.

Sensient Technologies Announces Dividend

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

Insider Buying and Selling at Sensient Technologies

In other Sensient Technologies news, Director Mario Ferruzzi sold 1,200 shares of Sensient Technologies stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $129.48, for a total value of $155,376.00. Following the transaction, the director directly owned 7,352 shares in the company, valued at approximately $951,936.96. This trade represents a 14.03% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 1.30% of the company’s stock.

Wall Street Analyst Weigh In

SXT has been the topic of a number of analyst reports. Rothschild & Co Redburn assumed coverage on Sensient Technologies in a research report on Wednesday, July 8th. They issued a “neutral” rating and a $125.00 price target on the stock. Weiss Ratings raised Sensient Technologies from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday, August 6th. Zacks Research upgraded shares of Sensient Technologies from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 27th. Robert W. Baird raised their target price on shares of Sensient Technologies from $125.00 to $140.00 and gave the company an “outperform” rating in a report on Monday, July 27th. Finally, UBS Group raised their target price on shares of Sensient Technologies from $143.00 to $155.00 and gave the company a “buy” rating in a report on Monday, July 27th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $140.00.

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.