UBS Group AG lowered its position in Sensient Technologies Corporation (NYSE:SXT – Free Report) by 10.4% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 84,806 shares of the specialty chemicals company’s stock after selling 9,830 shares during the period. UBS Group AG’s holdings in Sensient Technologies were worth $7,968,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently made changes to their positions in SXT. Dynamic Technology Lab Private Ltd bought a new position in Sensient Technologies in the third quarter worth $1,324,000. Tudor Investment Corp ET AL purchased a new position in Sensient Technologies during the third quarter valued at $4,142,000. Western Standard LLC bought a new stake in shares of Sensient Technologies during the 3rd quarter valued at $3,233,000. Y Intercept Hong Kong Ltd bought a new stake in shares of Sensient Technologies during the 3rd quarter valued at $5,497,000. Finally, Yost Capital Management LP grew its position in shares of Sensient Technologies by 43.8% in the 3rd quarter. Yost Capital Management LP now owns 86,300 shares of the specialty chemicals company’s stock worth $8,099,000 after buying an additional 26,300 shares during the period. Hedge funds and other institutional investors own 90.86% of the company’s stock.
Insider Activity
In other news, VP Thierry Hoang sold 439 shares of Sensient Technologies stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $114.15, for a total value of $50,111.85. Following the completion of the sale, the vice president directly owned 14,309 shares in the company, valued at $1,633,372.35. The trade was a 2.98% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 1.30% of the stock is currently owned by insiders.
Sensient Technologies Stock Down 0.2%
Sensient Technologies (NYSE:SXT – Get Free Report) last released its quarterly earnings data on Friday, April 24th. The specialty chemicals company reported $1.04 EPS for the quarter, beating 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 company had revenue of $435.83 million for the quarter, compared to analysts’ expectations of $411.39 million. During the same period last year, the firm posted $0.86 earnings per share. Sensient Technologies’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. Equities analysts forecast that Sensient Technologies Corporation will post 3.9 earnings per share for the current fiscal year.
Sensient Technologies Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Monday, May 11th will be issued a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Monday, May 11th. Sensient Technologies’s dividend payout ratio (DPR) is presently 48.38%.
Analyst Ratings Changes
A number of brokerages recently issued reports on SXT. 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. Zacks Research upgraded shares of Sensient Technologies from a “strong sell” rating to a “hold” rating in a report on Monday, April 20th. Finally, UBS Group raised their target price 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. Two research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $121.00.
Get Our Latest Stock Analysis on SXT
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.
Featured Stories
- Five stocks we like better than Sensient Technologies
- Why Applied Optoelectronics Stock May Be Near a Turning Point
- From High-Yield to High-Growth: 3 Stocks Boosting Dividends
- Is Everspin Technologies the Next AI Edge Breakout?
- 5 Robotics Stocks to Watch as Physical AI Builds Momentum
Want to see what other hedge funds are holding SXT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Sensient Technologies Corporation (NYSE:SXT – Free Report).
Receive News & Ratings for Sensient Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sensient Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
