Sensient Technologies (NYSE:SXT) Coverage Initiated by Analysts at UBS Group

Analysts at UBS Group began coverage on shares of Sensient Technologies (NYSE:SXT) in a research report issued to clients and investors on Wednesday. The firm set a “buy” rating and a $115.00 price target on the specialty chemicals company’s stock. UBS Group’s price target would indicate a potential upside of 32.80% from the stock’s previous close.

Several other equities analysts also recently weighed in on SXT. Weiss Ratings reissued a “hold (c+)” rating on shares of Sensient Technologies in a research report on Monday, December 29th. Zacks Research lowered Sensient Technologies from a “hold” rating to a “strong sell” rating in a research note on Tuesday, February 17th. Two analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $111.67.

Sensient Technologies Stock Down 0.7%

Shares of NYSE SXT opened at $86.60 on Wednesday. The firm’s 50-day moving average is $93.02 and its two-hundred day moving average is $94.47. The company has a market capitalization of $3.68 billion, a PE ratio of 27.40 and a beta of 0.55. Sensient Technologies has a 12-month low of $67.79 and a 12-month high of $121.54. The company has a debt-to-equity ratio of 0.59, a current ratio of 4.10 and a quick ratio of 1.53.

Sensient Technologies (NYSE:SXT) last issued its quarterly earnings data on Friday, February 13th. The specialty chemicals company reported $0.72 earnings per share for the quarter, missing analysts’ consensus estimates of $0.78 by ($0.06). Sensient Technologies had a return on equity of 12.82% and a net margin of 8.34%.The business had revenue of $393.45 million for the quarter, compared to analysts’ expectations of $395.70 million. During the same period last year, the business earned $0.70 earnings per share. The company’s revenue for the quarter was up 4.5% on a year-over-year basis. Sensient Technologies has set its FY 2026 guidance at 3.600-3.800 EPS. Equities analysts anticipate that Sensient Technologies will post 3.1 EPS for the current fiscal year.

Institutional Investors Weigh In On Sensient Technologies

Several hedge funds have recently made changes to their positions in the business. Geode Capital Management LLC increased its stake in Sensient Technologies by 0.4% in 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 purchasing an additional 4,123 shares during the last quarter. Eminence Capital LP acquired a new position in shares of Sensient Technologies during the 2nd quarter valued at about $99,117,000. Westwood Holdings Group Inc. purchased a new position in shares of Sensient Technologies during the 2nd quarter worth about $91,280,000. Congress Asset Management Co. lifted its holdings in shares of Sensient Technologies by 2.5% during the 4th quarter. Congress Asset Management Co. now owns 734,573 shares of the specialty chemicals company’s stock worth $69,013,000 after acquiring an additional 17,935 shares during the period. Finally, Snyder Capital Management L P boosted its position in shares of 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 during the last quarter. Institutional investors and hedge funds own 90.86% of the company’s stock.

About Sensient Technologies

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.