SG Americas Securities LLC Sells 10,964 Shares of Sensient Technologies Corporation $SXT

SG Americas Securities LLC trimmed its holdings in Sensient Technologies Corporation (NYSE:SXT) by 49.4% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,212 shares of the specialty chemicals company’s stock after selling 10,964 shares during the quarter. SG Americas Securities LLC’s holdings in Sensient Technologies were worth $969,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. Salomon & Ludwin LLC grew its stake in Sensient Technologies by 146.2% during the fourth quarter. Salomon & Ludwin LLC now owns 293 shares of the specialty chemicals company’s stock worth $28,000 after purchasing an additional 174 shares during the period. Farther Finance Advisors LLC lifted its stake in 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 buying an additional 232 shares during the period. Kohmann Bosshard Financial Services LLC acquired a new position in Sensient Technologies in the fourth quarter valued at approximately $33,000. Advisors Asset Management Inc. boosted its holdings in shares of Sensient Technologies by 53.1% during the 4th quarter. Advisors Asset Management Inc. now owns 401 shares of the specialty chemicals company’s stock worth $38,000 after buying an additional 139 shares in the last quarter. Finally, Kestra Advisory Services LLC bought a new position in shares of Sensient Technologies during the 4th quarter worth approximately $44,000. Institutional investors own 90.86% of the company’s stock.

Sensient Technologies Stock Up 0.1%

Shares of NYSE:SXT opened at $124.57 on Friday. The business’s 50 day simple moving average is $117.07 and its two-hundred day simple moving average is $102.09. The firm has a market cap of $5.30 billion, a P/E ratio of 36.75 and a beta of 0.78. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.97 and a current ratio of 5.01. Sensient Technologies Corporation has a 52-week low of $82.60 and a 52-week high of $129.35.

Sensient Technologies (NYSE:SXT) 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 firm had revenue of $435.83 million during the quarter, compared to the consensus estimate of $411.39 million. During the same quarter in the previous year, the company posted $0.86 earnings per share. The company’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, research analysts forecast that Sensient Technologies Corporation will post 3.9 EPS for the current fiscal year.

Sensient Technologies Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Monday, May 11th were given a $0.41 dividend. The ex-dividend date of this dividend was Monday, May 11th. This represents a $1.64 annualized dividend and a yield of 1.3%. Sensient Technologies’s dividend payout ratio (DPR) is presently 48.38%.

Analysts Set New Price Targets

SXT has been the subject of several research analyst reports. Zacks Research lowered shares of Sensient Technologies from a “strong-buy” rating to a “hold” rating in a research note on Friday, June 26th. UBS Group reissued a “buy” rating on shares of Sensient Technologies in a research note on Monday, June 22nd. Finally, Weiss Ratings upgraded shares of Sensient Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $143.00.

Insider Buying and Selling

In other Sensient Technologies news, VP Thierry Hoang sold 400 shares of the business’s stock in a transaction 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 completion of the sale, the vice president owned 13,909 shares in the company, valued at approximately $1,602,177.71. The trade was a 2.80% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 1.30% of the company’s stock.

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.