Sensient Technologies Corporation $SXT Shares Sold by Thornburg Investment Management Inc.

Thornburg Investment Management Inc. cut its position in shares of Sensient Technologies Corporation (NYSE:SXT) by 8.6% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 131,856 shares of the specialty chemicals company’s stock after selling 12,430 shares during the quarter. Thornburg Investment Management Inc. owned 0.31% of Sensient Technologies worth $12,375,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. State of Wyoming bought a new position in Sensient Technologies during the third quarter valued at about $32,000. EverSource Wealth Advisors LLC increased its stake in Sensient Technologies by 181.1% in the 2nd 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 in the last quarter. GAMMA Investing LLC lifted its stake in Sensient Technologies by 19.3% during the third quarter. GAMMA Investing LLC now owns 878 shares of the specialty chemicals company’s stock valued at $82,000 after buying an additional 142 shares in the last quarter. Nisa Investment Advisors LLC lifted its stake in Sensient Technologies by 20.8% during the second quarter. Nisa Investment Advisors LLC now owns 899 shares of the specialty chemicals company’s stock valued at $89,000 after buying an additional 155 shares in the last quarter. Finally, Smartleaf Asset Management LLC increased its position in shares of Sensient Technologies by 16.7% in the second quarter. Smartleaf Asset Management LLC now owns 1,291 shares of the specialty chemicals company’s stock worth $127,000 after acquiring an additional 185 shares in the last quarter. Institutional investors own 90.86% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on SXT shares. Zacks Research cut shares of Sensient Technologies from a “hold” rating to a “strong sell” rating in a research report on Tuesday, February 17th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Sensient Technologies in a report on Monday, December 29th. One research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $110.00.

Sensient Technologies Stock Up 1.8%

SXT stock opened at $96.95 on Thursday. The company has a 50 day moving average of $95.66 and a two-hundred day moving average of $98.49. The company has a market cap of $4.12 billion, a price-to-earnings ratio of 30.68 and a beta of 0.58. Sensient Technologies Corporation has a 12-month low of $67.79 and a 12-month high of $121.54. The company has a quick ratio of 1.53, a current ratio of 4.10 and a debt-to-equity ratio of 0.59.

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

Sensient Technologies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 2nd. Investors of record on Tuesday, February 3rd will be paid a $0.41 dividend. The ex-dividend date of this dividend is Tuesday, February 3rd. This represents a $1.64 annualized dividend and a dividend yield of 1.7%. Sensient Technologies’s payout ratio is presently 51.90%.

Insider Buying and Selling

In related news, Director Essie Whitelaw sold 3,985 shares of the stock in a transaction that occurred on Wednesday, December 3rd. The stock was sold at an average price of $95.02, for a total value of $378,654.70. Following the transaction, the director owned 17,128 shares in the company, valued at approximately $1,627,502.56. This represents a 18.87% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 1.20% 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.