Intech Investment Management LLC Sells 5,022 Shares of Sensient Technologies Corporation $SXT

Intech Investment Management LLC decreased its position in Sensient Technologies Corporation (NYSE:SXT) by 18.0% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 22,843 shares of the specialty chemicals company’s stock after selling 5,022 shares during the period. Intech Investment Management LLC owned about 0.05% of Sensient Technologies worth $2,146,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Salomon & Ludwin LLC grew its holdings in shares of Sensient Technologies by 146.2% in the fourth quarter. Salomon & Ludwin LLC now owns 293 shares of the specialty chemicals company’s stock worth $28,000 after purchasing an additional 174 shares during the last quarter. Farther Finance Advisors LLC grew 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 worth $29,000 after purchasing an additional 232 shares during the last quarter. State of Wyoming bought a new position in shares of Sensient Technologies in the third quarter worth approximately $32,000. Kohmann Bosshard Financial Services LLC bought a new position in shares of Sensient Technologies in the fourth quarter worth approximately $33,000. Finally, EverSource Wealth Advisors LLC grew its holdings in shares of Sensient Technologies by 181.1% in the second quarter. EverSource Wealth Advisors LLC now owns 475 shares of the specialty chemicals company’s stock worth $47,000 after purchasing an additional 306 shares during the last quarter. Institutional investors own 90.86% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the stock. UBS Group lifted their price target 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. Zacks Research upgraded shares of Sensient Technologies from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 19th. Finally, Weiss Ratings upgraded shares of Sensient Technologies from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, Sensient Technologies presently has a consensus rating of “Moderate Buy” and an average target price of $121.00.

Insider Activity at Sensient Technologies

In other news, VP Thierry Hoang sold 400 shares of the business’s stock in a transaction on Monday, May 18th. The shares were sold at an average price of $115.19, for a total transaction of $46,076.00. Following the sale, the vice president owned 13,909 shares in the company, valued at approximately $1,602,177.71. The trade was a 2.80% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 1.30% of the company’s stock.

Sensient Technologies Stock Performance

Shares of SXT stock opened at $112.68 on Thursday. Sensient Technologies Corporation has a 12 month low of $82.60 and a 12 month high of $129.35. The stock has a market cap of $4.80 billion, a PE ratio of 33.24 and a beta of 0.80. The company has a current ratio of 5.01, a quick ratio of 1.97 and a debt-to-equity ratio of 0.63. The company’s fifty day moving average price is $105.42 and its 200-day moving average price is $98.40.

Sensient Technologies (NYSE:SXT) last announced its earnings results on Friday, April 24th. The specialty chemicals company reported $1.04 EPS for the quarter, beating analysts’ consensus estimates of $0.80 by $0.24. Sensient Technologies had a net margin of 8.71% and a return on equity of 13.12%. The firm had revenue of $435.83 million for the quarter, compared to analysts’ expectations of $411.39 million. During the same quarter in the previous year, the business posted $0.86 EPS. The company’s quarterly revenue was up 11.1% on a year-over-year basis. Sensient Technologies has set its FY 2026 guidance at 3.700-3.90 EPS. On average, equities analysts expect that Sensient Technologies Corporation will post 3.9 EPS for the current fiscal year.

Sensient Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Monday, May 11th were issued a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date was Monday, May 11th. Sensient Technologies’s payout ratio is 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.