Sensient Technologies (NYSE:SXT) Rating Lowered to “Hold” at Wall Street Zen

Sensient Technologies (NYSE:SXT) was downgraded by analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a report released on Sunday, Wall Street Zen reports.

Several other analysts also recently commented on the company. Weiss Ratings upgraded Sensient Technologies from a “buy (b)” rating to a “buy (b+)” rating in a research note on Thursday. Zacks Research downgraded Sensient Technologies from a “strong-buy” rating to a “hold” rating in a research note on Friday, September 25th. Rothschild & Co Redburn started coverage on Sensient Technologies in a research note on Wednesday, July 8th. They set a “neutral” rating and a $125.00 price target on the stock. Robert W. Baird raised their price objective on Sensient Technologies from $125.00 to $140.00 and gave the company an “outperform” rating in a research note on Monday, July 27th. Finally, UBS Group raised their price objective on Sensient Technologies from $155.00 to $157.00 and gave the company a “buy” rating in a research note on Wednesday, September 30th. Three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Sensient Technologies currently has an average rating of “Moderate Buy” and a consensus price target of $140.67.

Sensient Technologies Trading Down 0.2%

NYSE:SXT opened at $130.13 on Friday. The company has a current ratio of 4.39, a quick ratio of 1.72 and a debt-to-equity ratio of 0.61. The stock has a market capitalization of $5.54 billion, a price-to-earnings ratio of 35.08 and a beta of 0.84. The firm has a fifty day simple moving average of $131.45 and a two-hundred day simple moving average of $118.70. Sensient Technologies has a 12 month low of $82.60 and a 12 month high of $138.82.

Sensient Technologies (NYSE:SXT) last posted its quarterly earnings results on Friday, July 24th. The specialty chemicals company reported $1.20 earnings per share for the quarter, beating the consensus estimate of $1.03 by $0.17. The firm had revenue of $462.08 million during the quarter, compared to the consensus estimate of $448.84 million. Sensient Technologies had a net margin of 9.27% and a return on equity of 13.77%. The business’s revenue was up 11.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.88 earnings per share. Sensient Technologies has set its FY 2026 guidance at 4.100-4.200 EPS. Analysts expect that Sensient Technologies will post 4.20 EPS for the current fiscal year.

Insider Buying and Selling

In other Sensient Technologies news, Director Mario Ferruzzi sold 1,200 shares of the stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $129.48, for a total value of $155,376.00. Following the completion of the sale, the director owned 7,352 shares in the company, valued at approximately $951,936.96. This trade represents a 14.03% decrease in their position. The transaction 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.

Hedge Funds Weigh In On Sensient Technologies

Institutional investors have recently modified their holdings of the business. Legacy Wealth Asset Management LLC bought a new position in Sensient Technologies during the third quarter valued at about $439,000. GAMMA Investing LLC boosted its position in shares of Sensient Technologies by 32.9% during the 3rd quarter. GAMMA Investing LLC now owns 1,247 shares of the specialty chemicals company’s stock valued at $163,000 after acquiring an additional 309 shares during the last quarter. Moody National Bank Trust Division grew its holdings in shares of Sensient Technologies by 0.8% during the third quarter. Moody National Bank Trust Division now owns 12,555 shares of the specialty chemicals company’s stock worth $1,641,000 after purchasing an additional 100 shares in the last quarter. Reynders McVeigh Capital Management LLC bought a new position in shares of Sensient Technologies in the second quarter worth approximately $10,668,000. Finally, Tidal Investments LLC purchased a new stake in Sensient Technologies in the second quarter valued at approximately $2,146,000. 90.86% of the stock is owned by institutional investors.

About Sensient Technologies

Sensient Technologies Corporation (NYSE:SXT) is a global manufacturer and marketer of colors, flavors, and fragrances. The company develops specialized ingredients and formulations used by food and beverage producers, pharmaceutical companies, personal care and cosmetics manufacturers, and other industrial customers.

Sensient’s product portfolio includes natural and synthetic color systems, flavoring extracts, sweeteners, seasonings, fragrances, and other functional ingredients. Its technologies are designed for applications such as beverages, confectionery, baked goods, pharmaceuticals, cosmetics, household products, and pet food.

Founded in 1882 and headquartered in Milwaukee, Wisconsin, Sensient serves customers through manufacturing, research, and sales operations across North America, Europe, Asia-Pacific, and other international markets.