Insider Selling: Sensient Technologies (NYSE:SXT) VP Sells 400 Shares of Stock

Sensient Technologies Corporation (NYSE:SXT) VP Thierry Hoang sold 400 shares of Sensient Technologies stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $115.19, for a total transaction of $46,076.00. Following the sale, the vice president directly owned 13,909 shares of the company’s stock, valued at $1,602,177.71. The trade was a 2.80% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

Thierry Hoang also recently made the following trade(s):

• On Monday, May 4th, Thierry Hoang sold 439 shares of Sensient Technologies stock. The stock was sold at an average price of $114.15, for a total transaction of $50,111.85.

Sensient Technologies Stock Performance

Sensient Technologies stock traded up $0.95 during midday trading on Wednesday, hitting $115.05. The company’s stock had a trading volume of 161,813 shares, compared to its average volume of 357,990. Sensient Technologies Corporation has a 1-year low of $82.60 and a 1-year high of $129.35. The company has a debt-to-equity ratio of 0.63, a current ratio of 5.01 and a quick ratio of 1.97. The company has a 50-day moving average price of $99.65 and a two-hundred day moving average price of $96.75. The company has a market cap of $4.90 billion, a price-to-earnings ratio of 33.94 and a beta of 0.81.

Sensient Technologies (NYSE:SXT) last issued its quarterly earnings data on Friday, April 24th. The specialty chemicals company reported $1.04 earnings per share for the quarter, topping the consensus estimate of $0.80 by $0.24. Sensient Technologies had a net margin of 8.71% and a return on equity of 13.12%. The business had revenue of $435.83 million during the quarter, compared to analysts’ expectations of $411.39 million. During the same quarter in the previous year, the company earned $0.86 EPS. The business’s 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. As a group, sell-side analysts predict that Sensient Technologies Corporation will post 3.9 earnings per share for the current year.

Sensient Technologies Dividend Announcement

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

Hedge Funds Weigh In On Sensient Technologies

A number of institutional investors have recently added to or reduced their stakes in SXT. Dimensional Fund Advisors LP grew its holdings in Sensient Technologies by 2.2% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,046,850 shares of the specialty chemicals company’s stock worth $90,494,000 after acquiring an additional 22,793 shares during the last quarter. Geode Capital Management LLC grew its holdings in Sensient Technologies by 0.4% during the 4th quarter. Geode Capital Management LLC now owns 1,010,258 shares of the specialty chemicals company’s stock worth $94,930,000 after acquiring an additional 4,123 shares during the last quarter. Vaughan Nelson Investment Management L.P. bought a new stake in Sensient Technologies during the 1st quarter worth approximately $77,955,000. Congress Asset Management Co. grew its holdings in 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 last quarter. Finally, Snyder Capital Management L P grew its holdings in Sensient Technologies by 4.5% during the 4th 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. 90.86% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

SXT has been the subject of several analyst reports. Weiss Ratings upgraded shares of Sensient Technologies from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, April 24th. UBS Group lifted their price objective on shares of Sensient Technologies from $115.00 to $143.00 and gave the stock a “buy” rating in a research note on Tuesday, April 28th. Finally, Zacks Research upgraded shares of Sensient Technologies from a “strong sell” rating to a “hold” rating in a research note on Monday, April 20th. Two research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, Sensient Technologies currently has a consensus rating of “Hold” and a consensus target price 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.