Sensient Technologies (NYSE:SXT) VP Sells $50,111.85 in Stock

Sensient Technologies Corporation (NYSE:SXT) VP Thierry Hoang sold 439 shares of the company’s stock in a transaction on Monday, May 4th. The stock was sold at an average price of $114.15, for a total value of $50,111.85. Following the sale, the vice president owned 14,309 shares of the company’s stock, valued at approximately $1,633,372.35. This represents a 2.98% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Sensient Technologies Price Performance

NYSE SXT traded up $3.32 during trading on Wednesday, hitting $119.05. 485,061 shares of the company’s stock were exchanged, compared to its average volume of 358,605. The company has a market cap of $5.07 billion, a PE ratio of 35.12 and a beta of 0.81. The company has a current ratio of 5.01, a quick ratio of 1.97 and a debt-to-equity ratio of 0.63. Sensient Technologies Corporation has a fifty-two week low of $82.60 and a fifty-two week high of $129.35. The stock’s 50 day moving average price is $95.66 and its two-hundred day moving average price is $95.26.

Sensient Technologies (NYSE:SXT) last announced its quarterly earnings results on Friday, April 24th. The specialty chemicals company reported $1.04 earnings per share (EPS) 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 analyst estimates of $411.39 million. Sensient Technologies had a net margin of 8.71% and a return on equity of 13.12%. The firm’s revenue was up 11.1% on a year-over-year basis. During the same period in the previous year, the firm posted $0.86 EPS. Sensient Technologies has set its FY 2026 guidance at 3.700-3.90 EPS. Research analysts expect that Sensient Technologies Corporation will post 3.9 EPS for the current year.

Sensient Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Monday, May 11th will be issued a dividend of $0.41 per share. The ex-dividend date of this dividend is Monday, May 11th. This represents a $1.64 annualized dividend and a dividend yield of 1.4%. Sensient Technologies’s dividend payout ratio (DPR) is 48.38%.

Institutional Investors Weigh In On Sensient Technologies

Institutional investors have recently made changes to their positions in the stock. Salomon & Ludwin LLC raised its position in shares of 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 acquiring an additional 174 shares during the last quarter. Farther Finance Advisors LLC increased its position in Sensient Technologies by 313.5% during the 4th quarter. Farther Finance Advisors LLC now owns 306 shares of the specialty chemicals company’s stock valued at $29,000 after purchasing an additional 232 shares during the period. State of Wyoming bought a new position in Sensient Technologies during the 3rd quarter worth approximately $32,000. Kohmann Bosshard Financial Services LLC bought a new position in Sensient Technologies during the 4th quarter worth approximately $33,000. Finally, Advisors Asset Management Inc. lifted its position in shares of Sensient Technologies by 53.1% in the 4th quarter. Advisors Asset Management Inc. now owns 401 shares of the specialty chemicals company’s stock worth $38,000 after purchasing an additional 139 shares during the period. Institutional investors own 90.86% of the company’s stock.

Analysts Set New Price Targets

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

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.