Vanguard Group Inc. Decreases Stake in Sensient Technologies Corporation $SXT

Vanguard Group Inc. reduced its holdings in shares of Sensient Technologies Corporation (NYSE:SXT) by 0.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,954,131 shares of the specialty chemicals company’s stock after selling 8,627 shares during the quarter. Vanguard Group Inc. owned 0.12% of Sensient Technologies worth $465,441,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently modified their holdings of the company. Royal Bank of Canada raised its position in Sensient Technologies by 19.3% in the 1st quarter. Royal Bank of Canada now owns 4,952 shares of the specialty chemicals company’s stock worth $369,000 after buying an additional 802 shares during the last quarter. AQR Capital Management LLC boosted its holdings in shares of Sensient Technologies by 103.2% during the 1st quarter. AQR Capital Management LLC now owns 8,852 shares of the specialty chemicals company’s stock valued at $647,000 after acquiring an additional 4,496 shares during 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 acquiring an additional 1,107 shares during the period. Millennium Management LLC grew its stake in shares of Sensient Technologies by 112.1% in the first quarter. Millennium Management LLC now owns 115,042 shares of the specialty chemicals company’s stock worth $8,563,000 after acquiring an additional 60,807 shares during the period. Finally, United Services Automobile Association purchased a new position in shares of Sensient Technologies during the first quarter valued at approximately $201,000. 90.86% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on SXT shares. UBS Group raised their target price on shares of Sensient Technologies from $115.00 to $143.00 and gave the stock a “buy” rating in a report on Tuesday, April 28th. Zacks Research upgraded shares of Sensient Technologies from a “strong sell” rating to a “hold” rating in a research note on Monday, April 20th. Finally, Weiss Ratings upgraded Sensient Technologies from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, April 24th. Two investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Sensient Technologies presently has a consensus rating of “Hold” and a consensus price target of $121.00.

Sensient Technologies Trading Up 1.1%

NYSE:SXT opened at $115.73 on Wednesday. Sensient Technologies Corporation has a one year low of $82.60 and a one year high of $129.35. The business has a fifty day moving average price of $95.66 and a 200-day moving average price of $95.26. The firm has a market capitalization of $4.92 billion, a price-to-earnings ratio of 34.14 and a beta of 0.81. The company has a debt-to-equity ratio of 0.63, a current ratio of 5.01 and a quick ratio of 1.97.

Sensient Technologies (NYSE:SXT) last released its earnings results on Friday, April 24th. The specialty chemicals company reported $1.04 earnings per share for the quarter, beating the consensus estimate of $0.80 by $0.24. The company had revenue of $435.83 million for the quarter, compared to the consensus estimate of $411.39 million. Sensient Technologies had a return on equity of 13.12% and a net margin of 8.71%.Sensient Technologies’s quarterly revenue was up 11.1% compared to the same quarter last year. During the same period in the previous year, the business earned $0.86 earnings per share. Sensient Technologies has set its FY 2026 guidance at 3.700-3.90 EPS. Sell-side analysts forecast that Sensient Technologies Corporation will post 3.9 EPS for the current year.

Sensient Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Monday, May 11th will be given a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Monday, May 11th. Sensient Technologies’s payout ratio is presently 48.38%.

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.