Sensient Technologies Corporation $SXT Stake Raised by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio boosted its holdings in shares of Sensient Technologies Corporation (NYSE:SXT) by 16.1% in the first quarter, HoldingsChannel reports. The fund owned 33,192 shares of the specialty chemicals company’s stock after buying an additional 4,615 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in Sensient Technologies were worth $2,869,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of SXT. Royal Bank of Canada increased its stake 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 valued at $369,000 after buying an additional 802 shares during the period. AQR Capital Management LLC raised its position 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 valued at $647,000 after purchasing an additional 4,496 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Sensient Technologies by 4.6% in the 1st 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 lifted its position in Sensient Technologies by 112.1% during the 1st 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 last quarter. Finally, United Services Automobile Association acquired a new position in Sensient Technologies during the 1st quarter worth $201,000. Hedge funds and other institutional investors own 90.86% of the company’s stock.

Sensient Technologies Price Performance

NYSE:SXT opened at $123.87 on Friday. The company has a debt-to-equity ratio of 0.61, a current ratio of 4.39 and a quick ratio of 1.72. The stock has a market cap of $5.27 billion, a P/E ratio of 33.39 and a beta of 0.78. The company has a fifty day moving average price of $117.76 and a 200 day moving average price of $105.25. Sensient Technologies Corporation has a one year low of $82.60 and a one year high of $131.04.

Sensient Technologies (NYSE:SXT) last posted its quarterly earnings data on Friday, July 24th. The specialty chemicals company reported $1.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.03 by $0.17. The company had revenue of $462.08 million for the quarter, compared to the consensus estimate 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 was up 11.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.88 EPS. Sensient Technologies has set its FY 2026 guidance at 4.100-4.200 EPS. Analysts anticipate that Sensient Technologies Corporation will post 4.2 earnings per share for the current year.

Sensient Technologies Announces Dividend

The company 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. The ex-dividend date of this dividend is Monday, August 3rd. This represents a $1.64 dividend on an annualized basis and a yield of 1.3%. Sensient Technologies’s dividend payout ratio (DPR) is 44.20%.

Insider Transactions at Sensient Technologies

In related news, VP Thierry Hoang sold 439 shares of the business’s stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $114.15, for a total transaction of $50,111.85. Following the transaction, the vice president directly owned 14,309 shares in the company, valued at $1,633,372.35. The trade was a 2.98% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 1.30% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the company. Weiss Ratings raised Sensient Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, July 2nd. Zacks Research raised Sensient Technologies from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 27th. Robert W. Baird increased their target price on Sensient Technologies from $125.00 to $140.00 and gave the company an “outperform” rating in a research note on Monday, July 27th. Rothschild & Co Redburn started coverage on Sensient Technologies in a research note on Wednesday, July 8th. They set a “neutral” rating and a $125.00 target price for the company. Finally, UBS Group raised their target price on Sensient Technologies from $143.00 to $155.00 and gave the company a “buy” rating in a report on Monday, July 27th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, Sensient Technologies has an average rating of “Buy” and a consensus 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.