Janus Henderson Group PLC Sells 178,391 Shares of Sensient Technologies Corporation $SXT

Janus Henderson Group PLC lessened its position in shares of Sensient Technologies Corporation (NYSE:SXT) by 8.6% during the 1st quarter, HoldingsChannel reports. The fund owned 1,905,920 shares of the specialty chemicals company’s stock after selling 178,391 shares during the quarter. Janus Henderson Group PLC’s holdings in Sensient Technologies were worth $164,749,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. MML Investors Services LLC grew its holdings in Sensient Technologies by 3.9% during the fourth quarter. MML Investors Services LLC now owns 3,146 shares of the specialty chemicals company’s stock valued at $296,000 after purchasing an additional 119 shares during the period. Oregon Public Employees Retirement Fund lifted its holdings in shares of Sensient Technologies by 1.4% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 9,675 shares of the specialty chemicals company’s stock valued at $909,000 after purchasing an additional 130 shares in the last quarter. Advisors Asset Management Inc. boosted its position in Sensient Technologies by 53.1% during the 4th 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. Covestor Ltd boosted its holdings in Sensient Technologies by 31.7% during the fourth quarter. Covestor Ltd now owns 594 shares of the specialty chemicals company’s stock worth $56,000 after purchasing an additional 143 shares during the last quarter. Finally, Evergreen Capital Management LLC increased its position in shares of Sensient Technologies by 3.4% in the second quarter. Evergreen Capital Management LLC now owns 4,500 shares of the specialty chemicals company’s stock valued at $443,000 after acquiring an additional 146 shares during the last quarter. 90.86% of the stock is owned by institutional investors.

Insider Activity

In other Sensient Technologies news, VP Thierry Hoang sold 400 shares of the business’s 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 transaction, the vice president directly owned 13,909 shares in the company, valued at $1,602,177.71. The trade was a 2.80% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.30% of the stock is currently owned by corporate insiders.

Sensient Technologies Stock Up 1.3%

Sensient Technologies stock opened at $124.17 on Friday. The company has a market capitalization of $5.29 billion, a PE ratio of 33.47 and a beta of 0.78. The firm’s fifty day moving average is $117.57 and its 200 day moving average is $105.12. The company has a quick ratio of 1.72, a current ratio of 4.39 and a debt-to-equity ratio of 0.61. Sensient Technologies Corporation has a 12-month low of $82.60 and a 12-month high of $131.04.

Sensient Technologies (NYSE:SXT) last announced its quarterly earnings results on Friday, July 24th. The specialty chemicals company reported $1.20 EPS for the quarter, beating analysts’ consensus estimates of $1.03 by $0.17. The business had revenue of $462.08 million during the quarter, compared to analyst estimates of $448.84 million. Sensient Technologies had a net margin of 9.27% and a return on equity of 13.77%. Sensient Technologies’s quarterly revenue was up 11.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.88 EPS. Sensient Technologies has set its FY 2026 guidance at 4.100-4.200 EPS. As a group, sell-side analysts predict that Sensient Technologies Corporation will post 4.2 EPS for the current fiscal year.

Sensient Technologies Dividend Announcement

The firm 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 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date is Monday, August 3rd. Sensient Technologies’s payout ratio is presently 44.20%.

Analyst Ratings Changes

SXT has been the subject of several recent analyst reports. Rothschild & Co Redburn assumed coverage on shares of Sensient Technologies in a research note on Wednesday, July 8th. They issued a “neutral” rating and a $125.00 target price for the company. Robert W. Baird lifted their price objective on shares of Sensient Technologies from $125.00 to $140.00 and gave the stock an “outperform” rating in a research note on Monday. Weiss Ratings upgraded Sensient Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, July 2nd. 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. Finally, Zacks Research raised shares of Sensient Technologies from a “hold” rating to a “strong-buy” rating in a research note on Monday. One research 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 company’s stock. According to MarketBeat, the company currently has an average 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.