Segall Bryant & Hamill LLC Trims Stake in Sensient Technologies Corporation $SXT

Segall Bryant & Hamill LLC cut its position in Sensient Technologies Corporation (NYSE:SXT) by 4.9% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 224,839 shares of the specialty chemicals company’s stock after selling 11,480 shares during the quarter. Segall Bryant & Hamill LLC’s holdings in Sensient Technologies were worth $19,435,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Salomon & Ludwin LLC increased its position in Sensient Technologies by 146.2% during the fourth quarter. Salomon & Ludwin LLC now owns 293 shares of the specialty chemicals company’s stock worth $28,000 after buying an additional 174 shares during the period. Farther Finance Advisors LLC boosted its holdings in shares of Sensient Technologies by 313.5% in the fourth quarter. Farther Finance Advisors LLC now owns 306 shares of the specialty chemicals company’s stock valued at $29,000 after acquiring an additional 232 shares during the period. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of Sensient Technologies in the fourth quarter valued at approximately $33,000. Advisors Asset Management Inc. grew its position in shares of Sensient Technologies by 53.1% during the fourth quarter. Advisors Asset Management Inc. now owns 401 shares of the specialty chemicals company’s stock worth $38,000 after acquiring an additional 139 shares during the last quarter. Finally, Kestra Advisory Services LLC purchased a new position in shares of Sensient Technologies during the fourth quarter worth approximately $44,000. Hedge funds and other institutional investors own 90.86% of the company’s stock.

Sensient Technologies Trading Down 0.1%

Shares of SXT stock opened at $123.87 on Friday. The business’s 50 day moving average is $117.76 and its two-hundred day moving average is $105.25. Sensient Technologies Corporation has a twelve month low of $82.60 and a twelve month high of $131.04. The company has a market capitalization of $5.27 billion, a P/E ratio of 33.39 and a beta of 0.78. The company has a current ratio of 4.39, a quick ratio of 1.72 and a debt-to-equity ratio of 0.61.

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, topping the consensus estimate of $1.03 by $0.17. Sensient Technologies had a return on equity of 13.77% and a net margin of 9.27%.The business had revenue of $462.08 million during the quarter, compared to analysts’ expectations of $448.84 million. During the same quarter in the prior year, the business earned $0.88 earnings per share. The company’s quarterly revenue was up 11.6% compared to the same quarter last year. Sensient Technologies has set its FY 2026 guidance at 4.100-4.200 EPS. Equities analysts forecast that Sensient Technologies Corporation will post 4.2 EPS for the current year.

Sensient Technologies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Monday, August 3rd will be paid a $0.41 dividend. This represents a $1.64 annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Monday, August 3rd. Sensient Technologies’s dividend payout ratio (DPR) is 44.20%.

Wall Street Analysts Forecast Growth

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

Insider Activity at Sensient Technologies

In other news, VP Thierry Hoang sold 400 shares of Sensient Technologies stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $115.19, for a total value of $46,076.00. Following the sale, the vice president owned 13,909 shares of the company’s stock, valued at $1,602,177.71. The trade was a 2.80% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 1.30% of the company’s stock.

Sensient Technologies Company 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.