Paradigm Capital Management Inc. NY Acquires Shares of 83,075 Sensient Technologies Corporation $SXT

Paradigm Capital Management Inc. NY bought a new position in shares of Sensient Technologies Corporation (NYSE:SXT) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 83,075 shares of the specialty chemicals company’s stock, valued at approximately $10,242,000.

Several other large investors have also recently modified their holdings of the business. BlackRock Inc. purchased a new stake in shares of Sensient Technologies during the 2nd quarter valued at approximately $818,403,000. Dimensional Fund Advisors LP grew its stake in Sensient Technologies by 2.2% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,046,850 shares of the specialty chemicals company’s stock valued at $90,494,000 after buying an additional 22,793 shares in the last quarter. Geode Capital Management LLC grew its stake in Sensient Technologies by 0.4% in the 4th quarter. Geode Capital Management LLC now owns 1,010,258 shares of the specialty chemicals company’s stock valued at $94,930,000 after buying an additional 4,123 shares in the last quarter. Vaughan Nelson Investment Management L.P. bought a new stake in Sensient Technologies during the 1st quarter valued at $77,955,000. Finally, Snyder Capital Management L P raised its holdings in Sensient Technologies by 4.5% during the 4th quarter. Snyder Capital Management L P now owns 695,170 shares of the specialty chemicals company’s stock valued at $65,311,000 after acquiring an additional 29,707 shares during the period. Hedge funds and other institutional investors own 90.86% of the company’s stock.

Insider Buying and Selling

In other Sensient Technologies news, Director Mario Ferruzzi sold 1,200 shares of the company’s stock in a transaction dated 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 $951,936.96. This represents a 14.03% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.30% of the stock is currently owned by insiders.

Sensient Technologies Stock Performance

NYSE SXT opened at $137.96 on Tuesday. The company’s 50 day simple moving average is $122.41 and its two-hundred day simple moving average is $109.26. 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 1 year low of $82.60 and a 1 year high of $138.24. The stock has a market capitalization of $5.87 billion, a PE ratio of 37.19 and a beta of 0.78.

Sensient Technologies (NYSE:SXT) last released its quarterly earnings results on Friday, July 24th. The specialty chemicals company reported $1.20 EPS for the quarter, beating analysts’ consensus estimates of $1.03 by $0.17. The firm had revenue of $462.08 million during 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 business’s revenue for the quarter was up 11.6% on a year-over-year basis. During the same period in the previous year, the business earned $0.88 EPS. Sensient Technologies has set its FY 2026 guidance at 4.100-4.200 EPS. Analysts predict that Sensient Technologies Corporation will post 4.2 earnings per share for the current fiscal year.

Sensient Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Monday, August 3rd will be given a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a yield of 1.2%. The ex-dividend date is Monday, August 3rd. Sensient Technologies’s payout ratio is presently 44.20%.

Wall Street Analyst Weigh In

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