One Capital Management LLC increased its holdings in Sensient Technologies Corporation (NYSE:SXT – Free Report) by 42.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 22,296 shares of the specialty chemicals company’s stock after buying an additional 6,679 shares during the quarter. One Capital Management LLC owned 0.05% of Sensient Technologies worth $2,095,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently made changes to their positions in SXT. Norges Bank purchased a new position in shares of Sensient Technologies in the fourth quarter worth approximately $49,867,000. Parsifal Capital Management LP bought a new stake in shares of Sensient Technologies during the third quarter valued at approximately $46,784,000. Pictet Asset Management Holding SA increased its position in Sensient Technologies by 5,807.9% in the fourth quarter. Pictet Asset Management Holding SA now owns 327,654 shares of the specialty chemicals company’s stock worth $30,783,000 after purchasing an additional 322,108 shares during the last quarter. Holocene Advisors LP bought a new stake in Sensient Technologies in the third quarter worth $23,762,000. Finally, Invesco Ltd. increased its position in Sensient Technologies by 158.0% in the third quarter. Invesco Ltd. now owns 413,018 shares of the specialty chemicals company’s stock worth $38,762,000 after purchasing an additional 252,922 shares during the last quarter. Hedge funds and other institutional investors own 90.86% of the company’s stock.
Insider Activity at Sensient Technologies
In other news, VP Thierry Hoang sold 400 shares of the firm’s stock in a transaction that occurred on 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. This trade represents a 2.80% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.30% of the stock is owned by insiders.
Wall Street Analyst Weigh In
Check Out Our Latest Stock Analysis on SXT
Sensient Technologies Stock Performance
SXT opened at $113.42 on Wednesday. Sensient Technologies Corporation has a 52-week low of $82.60 and a 52-week high of $129.35. 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 $4.83 billion, a P/E ratio of 33.46 and a beta of 0.80. The firm’s 50-day moving average price is $104.26 and its 200-day moving average price is $98.14.
Sensient Technologies (NYSE:SXT – Get Free Report) last posted its quarterly earnings data on Friday, April 24th. The specialty chemicals company reported $1.04 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $435.83 million for the quarter, compared to the consensus estimate of $411.39 million. During the same quarter in the prior year, the company posted $0.86 earnings per share. The company’s revenue for the quarter 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. As a group, equities analysts anticipate that Sensient Technologies Corporation will post 3.9 EPS for the current fiscal year.
Sensient Technologies Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Monday, May 11th were issued a $0.41 dividend. This represents a $1.64 annualized dividend and a yield of 1.4%. The ex-dividend date was Monday, May 11th. Sensient Technologies’s dividend payout ratio is 48.38%.
Sensient Technologies 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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