Fox Run Management L.L.C. purchased a new position in Sensient Technologies Corporation (NYSE:SXT – Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 10,242 shares of the specialty chemicals company’s stock, valued at approximately $962,000.
Other large investors have also added to or reduced their stakes in the company. Salomon & Ludwin LLC grew its holdings in Sensient Technologies by 146.2% in 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 last quarter. Farther Finance Advisors LLC grew its holdings in Sensient Technologies by 313.5% in 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 last quarter. State of Wyoming bought a new stake in Sensient Technologies in the 3rd quarter worth $32,000. Kohmann Bosshard Financial Services LLC bought a new stake in Sensient Technologies in the 4th quarter worth $33,000. Finally, EverSource Wealth Advisors LLC grew its holdings 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 acquiring an additional 306 shares during the last quarter. Institutional investors own 90.86% of the company’s stock.
Insider Buying and Selling
In related news, VP Thierry Hoang sold 400 shares of the business’s stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $115.19, for a total transaction of $46,076.00. Following the sale, the vice president owned 13,909 shares of the company’s stock, valued at $1,602,177.71. The trade was a 2.80% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 1.30% of the stock is owned by insiders.
Sensient Technologies Trading Up 0.2%
Sensient Technologies (NYSE:SXT – Get Free Report) last announced its earnings results on Friday, April 24th. The specialty chemicals company reported $1.04 earnings per share for the quarter, beating analysts’ consensus estimates of $0.80 by $0.24. The firm had revenue of $435.83 million for the quarter, compared to analyst estimates of $411.39 million. Sensient Technologies had a net margin of 8.71% and a return on equity of 13.12%. The company’s revenue for the quarter was up 11.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.86 EPS. Sensient Technologies has set its FY 2026 guidance at 3.700-3.90 EPS. Sell-side analysts anticipate that Sensient Technologies Corporation will post 3.9 EPS for the current year.
Sensient Technologies Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Monday, May 11th were paid a dividend of $0.41 per share. The ex-dividend date of this dividend was Monday, May 11th. This represents a $1.64 annualized dividend and a yield of 1.4%. Sensient Technologies’s payout ratio is presently 48.38%.
Analysts Set New Price Targets
A number of equities research analysts have issued reports on SXT shares. UBS Group raised their price target on shares of Sensient Technologies from $115.00 to $143.00 and gave the stock a “buy” rating in a report on Tuesday, April 28th. Weiss Ratings raised shares of Sensient Technologies from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, April 24th. Finally, Zacks Research raised shares of Sensient Technologies from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 19th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus price target of $134.00.
View Our Latest Analysis on SXT
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.
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