Waratah Capital Advisors Ltd. Has $7.46 Million Stock Holdings in Sensient Technologies Corporation $SXT

Waratah Capital Advisors Ltd. reduced its position in shares of Sensient Technologies Corporation (NYSE:SXT) by 57.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 79,486 shares of the specialty chemicals company’s stock after selling 106,961 shares during the period. Waratah Capital Advisors Ltd. owned about 0.19% of Sensient Technologies worth $7,460,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in SXT. CW Advisors LLC raised its stake in shares of Sensient Technologies by 15.4% during the second quarter. CW Advisors LLC now owns 108,654 shares of the specialty chemicals company’s stock valued at $10,705,000 after acquiring an additional 14,498 shares during the last quarter. Y Intercept Hong Kong Ltd acquired a new stake in Sensient Technologies in the third quarter valued at $5,497,000. Allworth Financial LP raised its position in Sensient Technologies by 38,785.2% during the 2nd quarter. Allworth Financial LP now owns 20,998 shares of the specialty chemicals company’s stock worth $2,069,000 after purchasing an additional 20,944 shares during the last quarter. Exchange Traded Concepts LLC acquired a new position in Sensient Technologies during the 3rd quarter worth about $671,000. Finally, Creative Planning grew its position in shares of Sensient Technologies by 45.1% in the 2nd quarter. Creative Planning now owns 30,044 shares of the specialty chemicals company’s stock valued at $2,960,000 after buying an additional 9,335 shares during the last quarter. Institutional investors and hedge funds own 90.86% of the company’s stock.

Sensient Technologies Stock Performance

Shares of SXT stock opened at $95.20 on Wednesday. The firm has a 50 day moving average of $95.65 and a 200-day moving average of $98.50. The company has a market cap of $4.05 billion, a price-to-earnings ratio of 30.13 and a beta of 0.58. 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 Corporation has a 52 week low of $67.79 and a 52 week high of $121.54.

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

Sensient Technologies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Tuesday, February 3rd will be paid a $0.41 dividend. The ex-dividend date is Tuesday, February 3rd. This represents a $1.64 annualized dividend and a dividend yield of 1.7%. Sensient Technologies’s dividend payout ratio (DPR) is currently 51.90%.

Insider Buying and Selling

In related news, Director Essie Whitelaw sold 3,985 shares of the company’s stock in a transaction that occurred on Wednesday, December 3rd. The stock was sold at an average price of $95.02, for a total transaction of $378,654.70. Following the transaction, the director directly owned 17,128 shares of the company’s stock, valued at approximately $1,627,502.56. This represents a 18.87% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.20% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the company. Zacks Research lowered Sensient Technologies from a “hold” rating to a “strong sell” rating in a research note on Tuesday, February 17th. Weiss Ratings restated a “hold (c+)” rating on shares of Sensient Technologies in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $110.00.

Sensient Technologies 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.