901,840 Shares in Sensient Technologies Corporation $SXT Acquired by Vaughan Nelson Investment Management L.P.

Vaughan Nelson Investment Management L.P. acquired a new position in shares of Sensient Technologies Corporation (NYSE:SXT) during the 1st quarter, Holdings Channel.com reports. The firm acquired 901,840 shares of the specialty chemicals company’s stock, valued at approximately $77,955,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Salomon & Ludwin LLC grew its position 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 buying an additional 174 shares in the last quarter. Farther Finance Advisors LLC raised its holdings in shares of Sensient Technologies by 313.5% in the fourth quarter. Farther Finance Advisors LLC now owns 306 shares of the specialty chemicals company’s stock valued at $29,000 after acquiring an additional 232 shares in the last quarter. Kohmann Bosshard Financial Services LLC bought a new stake in shares of Sensient Technologies in the fourth quarter valued at about $33,000. Advisors Asset Management Inc. lifted its stake in Sensient Technologies by 53.1% in the fourth quarter. Advisors Asset Management Inc. now owns 401 shares of the specialty chemicals company’s stock worth $38,000 after acquiring an additional 139 shares during the period. Finally, Kestra Advisory Services LLC purchased a new stake in Sensient Technologies in the fourth quarter worth about $44,000. 90.86% of the stock is owned by institutional investors.

Sensient Technologies Trading Down 0.2%

SXT opened at $113.21 on Monday. The firm has a market cap of $4.82 billion, a price-to-earnings ratio of 33.40 and a beta of 0.80. The company has a current ratio of 5.01, a quick ratio of 1.97 and a debt-to-equity ratio of 0.63. Sensient Technologies Corporation has a 12 month low of $82.60 and a 12 month high of $129.35. The stock has a fifty day moving average price of $111.87 and a 200-day moving average price of $100.18.

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

Sensient Technologies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Monday, May 11th were issued a $0.41 dividend. The ex-dividend date was Monday, May 11th. This represents a $1.64 dividend on an annualized basis and a yield of 1.4%. Sensient Technologies’s payout ratio is currently 48.38%.

Wall Street Analyst Weigh In

Several brokerages have issued reports on SXT. Zacks Research raised shares of Sensient Technologies from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 19th. Weiss Ratings raised shares of Sensient Technologies from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, April 24th. Finally, UBS Group increased their price objective on shares of Sensient Technologies from $115.00 to $143.00 and gave the company a “buy” rating in a research note on Tuesday, April 28th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $134.00.

Insider Activity at Sensient Technologies

In other Sensient Technologies news, VP Thierry Hoang sold 400 shares of the 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 completion of the sale, the vice president directly owned 13,909 shares of the company’s stock, valued at approximately $1,602,177.71. This represents a 2.80% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders own 1.30% of the company’s stock.

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.