Sensient Technologies (NYSE:SXT) Director Mario Ferruzzi Sells 1,200 Shares

Sensient Technologies Corporation (NYSE:SXT) Director Mario Ferruzzi sold 1,200 shares of the firm’s stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $129.48, for a total transaction of $155,376.00. Following the completion of the transaction, the director owned 7,352 shares in the company, valued at approximately $951,936.96. The trade was a 14.03% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

Sensient Technologies Trading Down 1.2%

NYSE SXT opened at $128.66 on Friday. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.72 and a current ratio of 4.39. Sensient Technologies Corporation has a one year low of $82.60 and a one year high of $132.33. The company has a 50-day simple moving average of $118.69 and a 200-day simple moving average of $106.18. The firm has a market capitalization of $5.48 billion, a PE ratio of 34.68 and a beta of 0.78.

Sensient Technologies (NYSE:SXT) last released its quarterly earnings data on Friday, July 24th. The specialty chemicals company reported $1.20 earnings per share for the quarter, topping the consensus estimate of $1.03 by $0.17. Sensient Technologies had a net margin of 9.27% and a return on equity of 13.77%. The firm had revenue of $462.08 million for the quarter, compared to analyst estimates of $448.84 million. During the same quarter in the prior year, the business earned $0.88 earnings per share. Sensient Technologies’s quarterly revenue was up 11.6% on a year-over-year basis. Sensient Technologies has set its FY 2026 guidance at 4.100-4.200 EPS. On average, equities analysts forecast that Sensient Technologies Corporation will post 4.2 earnings per share for the current year.

Sensient Technologies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Monday, August 3rd 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 1.3%. The ex-dividend date is Monday, August 3rd. Sensient Technologies’s dividend payout ratio is presently 44.20%.

Institutional Investors Weigh In On Sensient Technologies

Several hedge funds and other institutional investors have recently added to or reduced their stakes in SXT. Dimensional Fund Advisors LP boosted its stake in Sensient Technologies by 2.2% during 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 purchasing an additional 22,793 shares in the last quarter. Geode Capital Management LLC boosted its stake in Sensient Technologies by 0.4% during the fourth 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. acquired a new position in Sensient Technologies during the first quarter worth about $77,955,000. Snyder Capital Management L P raised its position in Sensient Technologies by 4.5% in the fourth quarter. Snyder Capital Management L P now owns 695,170 shares of the specialty chemicals company’s stock worth $65,311,000 after acquiring an additional 29,707 shares in the last quarter. Finally, Victory Capital Management Inc. raised its position in Sensient Technologies by 4.0% in the fourth quarter. Victory Capital Management Inc. now owns 548,337 shares of the specialty chemicals company’s stock worth $51,516,000 after acquiring an additional 21,217 shares in the last quarter. Institutional investors own 90.86% of the company’s stock.

Analyst Ratings Changes

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

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.