Legal & General Group Plc Sells 18,434 Shares of Sensient Technologies Corporation $SXT

Legal & General Group Plc decreased its position in shares of Sensient Technologies Corporation (NYSE:SXT) by 14.5% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 108,349 shares of the specialty chemicals company’s stock after selling 18,434 shares during the quarter. Legal & General Group Plc’s holdings in Sensient Technologies were worth $10,179,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Salomon & Ludwin LLC grew its stake in shares of Sensient Technologies by 146.2% during the 4th quarter. Salomon & Ludwin LLC now owns 293 shares of the specialty chemicals company’s stock worth $28,000 after acquiring an additional 174 shares during the period. Farther Finance Advisors LLC grew its stake in shares of Sensient Technologies by 313.5% during the 4th quarter. Farther Finance Advisors LLC now owns 306 shares of the specialty chemicals company’s stock worth $29,000 after acquiring an additional 232 shares during the period. State of Wyoming bought a new position in shares of Sensient Technologies during the 3rd quarter worth $32,000. Kohmann Bosshard Financial Services LLC bought a new position in shares of Sensient Technologies during the 4th quarter worth $33,000. Finally, EverSource Wealth Advisors LLC grew its stake in shares of Sensient Technologies by 181.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 475 shares of the specialty chemicals company’s stock worth $47,000 after acquiring an additional 306 shares during the period. Institutional investors own 90.86% of the company’s stock.

Insider Buying and Selling

In other Sensient Technologies news, VP Thierry Hoang sold 439 shares of the firm’s stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $114.15, for a total value of $50,111.85. Following the completion of the transaction, the vice president owned 14,309 shares in the company, valued at $1,633,372.35. This trade represents a 2.98% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 1.30% of the stock is currently owned by corporate insiders.

Sensient Technologies Stock Up 0.1%

Shares of NYSE SXT opened at $113.02 on Friday. Sensient Technologies Corporation has a 52 week low of $82.60 and a 52 week high of $129.35. The business has a 50-day simple moving average of $105.98 and a two-hundred day simple moving average of $98.53. The company has a quick ratio of 1.97, a current ratio of 5.01 and a debt-to-equity ratio of 0.63. The company has a market cap of $4.81 billion, a P/E ratio of 33.34 and a beta of 0.80.

Sensient Technologies (NYSE:SXT) last issued its earnings results on Friday, April 24th. The specialty chemicals company reported $1.04 EPS for the quarter, topping the consensus estimate of $0.80 by $0.24. Sensient Technologies had a return on equity of 13.12% and a net margin of 8.71%.The business had revenue of $435.83 million during the quarter, compared to the consensus estimate of $411.39 million. During the same quarter last year, the company earned $0.86 EPS. The firm’s revenue was up 11.1% compared to the same quarter last year. Sensient Technologies has set its FY 2026 guidance at 3.700-3.90 EPS. Research analysts anticipate that Sensient Technologies Corporation will post 3.9 earnings per share for the current fiscal year.

Sensient Technologies Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Monday, May 11th were paid a $0.41 dividend. The ex-dividend date was Monday, May 11th. This represents a $1.64 annualized dividend and a yield of 1.5%. Sensient Technologies’s dividend payout ratio (DPR) is currently 48.38%.

Wall Street Analysts Forecast Growth

SXT has been the subject of several research reports. UBS Group increased their price target on Sensient Technologies from $115.00 to $143.00 and gave the stock a “buy” rating in a research note on Tuesday, April 28th. Weiss Ratings upgraded Sensient Technologies from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, April 24th. Finally, Zacks Research upgraded Sensient Technologies from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 19th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” 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.