Sensient Technologies Corporation (NYSE:SXT) Stock Has Consensus Target Price of $140.67 According to Brokerages

Shares of Sensient Technologies Corporation (NYSE:SXT) have been given an average recommendation of “Moderate Buy” by the five research firms that are presently covering the company, MarketBeat reports. Two analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 1 year price target among analysts that have covered the stock in the last year is $140.67.

Several brokerages have issued reports on SXT. Rothschild & Co Redburn initiated coverage on Sensient Technologies in a report on Wednesday, July 8th. They set a “neutral” rating and a $125.00 price objective on the stock. Wall Street Zen raised shares of Sensient Technologies from a “hold” rating to a “buy” rating in a research note on Saturday, October 3rd. Weiss Ratings raised shares of Sensient Technologies from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, September 11th. Zacks Research downgraded shares of Sensient Technologies from a “strong-buy” rating to a “hold” rating in a research report on Friday, September 25th. Finally, UBS Group lifted their price objective on Sensient Technologies from $155.00 to $157.00 and gave the company a “buy” rating in a report on Wednesday, September 30th.

Insider Buying and Selling at Sensient Technologies

In related news, Director Mario Ferruzzi sold 1,200 shares of the company’s stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $129.48, for a total value of $155,376.00. Following the sale, the director owned 7,352 shares in the company, valued at $951,936.96. This represents a 14.03% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 1.30% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Sensient Technologies

Large investors have recently added to or reduced their stakes in the business. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in shares of Sensient Technologies in the second quarter valued at approximately $26,000. Silvant Capital Management LLC acquired a new stake in shares of Sensient Technologies during the 2nd quarter worth about $27,000. Global Retirement Partners LLC acquired a new stake in shares of Sensient Technologies during the 2nd quarter worth about $36,000. Integrated Wealth Concepts LLC purchased a new stake in shares of Sensient Technologies during the second quarter worth about $37,000. Finally, GAMMA Investing LLC grew its stake in Sensient Technologies by 35.2% in the 2nd quarter. GAMMA Investing LLC now owns 938 shares of the specialty chemicals company’s stock worth $116,000 after acquiring an additional 244 shares during the period. 90.86% of the stock is owned by institutional investors and hedge funds.

Sensient Technologies Stock Down 0.6%

Shares of NYSE SXT opened at $132.12 on Friday. The business has a 50-day moving average of $131.08 and a two-hundred day moving average of $117.72. The company has a market capitalization of $5.62 billion, a price-to-earnings ratio of 35.61 and a beta of 0.84. Sensient Technologies has a 1 year low of $82.60 and a 1 year high of $138.82. The company has a debt-to-equity ratio of 0.61, a current ratio of 4.39 and a quick ratio of 1.72.

Sensient Technologies (NYSE:SXT) last released its quarterly earnings data on Friday, July 24th. The specialty chemicals company reported $1.20 EPS for the quarter, beating analysts’ consensus estimates of $1.03 by $0.17. Sensient Technologies had a return on equity of 13.77% and a net margin of 9.27%.The business had revenue of $462.08 million for the quarter, compared to the consensus estimate of $448.84 million. During the same quarter in the prior year, the business posted $0.88 EPS. The business’s revenue for the quarter was up 11.6% on a year-over-year basis. Sensient Technologies has set its FY 2026 guidance at 4.100-4.200 EPS. On average, analysts forecast that Sensient Technologies will post 4.2 earnings per share for the current fiscal year.

Sensient Technologies Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Monday, August 3rd were given a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a yield of 1.2%. The ex-dividend date was Monday, August 3rd. Sensient Technologies’s dividend payout ratio is presently 44.20%.

About Sensient Technologies

Sensient Technologies Corporation (NYSE:SXT) is a global manufacturer and marketer of colors, flavors, and fragrances. The company develops specialized ingredients and formulations used by food and beverage producers, pharmaceutical companies, personal care and cosmetics manufacturers, and other industrial customers.

Sensient’s product portfolio includes natural and synthetic color systems, flavoring extracts, sweeteners, seasonings, fragrances, and other functional ingredients. Its technologies are designed for applications such as beverages, confectionery, baked goods, pharmaceuticals, cosmetics, household products, and pet food.

Founded in 1882 and headquartered in Milwaukee, Wisconsin, Sensient serves customers through manufacturing, research, and sales operations across North America, Europe, Asia-Pacific, and other international markets.