Ceredex Value Advisors LLC Takes $40.17 Million Position in Sensient Technologies Corporation $SXT

Ceredex Value Advisors LLC purchased a new stake in shares of Sensient Technologies Corporation (NYSE:SXT) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 325,850 shares of the specialty chemicals company’s stock, valued at approximately $40,174,000. Sensient Technologies makes up approximately 1.1% of Ceredex Value Advisors LLC’s portfolio, making the stock its 19th largest holding.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Royal Bank of Canada increased its stake in Sensient Technologies by 19.3% during the first quarter. Royal Bank of Canada now owns 4,952 shares of the specialty chemicals company’s stock valued at $369,000 after purchasing an additional 802 shares during the last quarter. AQR Capital Management LLC boosted its holdings in shares of Sensient Technologies by 103.2% in the 1st quarter. AQR Capital Management LLC now owns 8,852 shares of the specialty chemicals company’s stock valued at $647,000 after buying an additional 4,496 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Sensient Technologies by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 25,091 shares of the specialty chemicals company’s stock valued at $1,868,000 after buying an additional 1,107 shares during the last quarter. Millennium Management LLC grew its position in shares of Sensient Technologies by 112.1% during the 1st quarter. Millennium Management LLC now owns 115,042 shares of the specialty chemicals company’s stock valued at $8,563,000 after buying an additional 60,807 shares during the last quarter. Finally, United Services Automobile Association acquired a new stake in Sensient Technologies during the first quarter worth about $201,000. Institutional investors and hedge funds own 90.86% of the company’s stock.

Sensient Technologies Stock Down 0.6%

SXT stock opened at $132.39 on Friday. The company has a quick ratio of 1.72, a current ratio of 4.39 and a debt-to-equity ratio of 0.61. Sensient Technologies Corporation has a fifty-two week low of $82.60 and a fifty-two week high of $136.58. The firm’s 50-day simple moving average is $121.89 and its 200 day simple moving average is $108.67. The stock has a market cap of $5.63 billion, a PE ratio of 35.68 and a beta of 0.78.

Sensient Technologies (NYSE:SXT) last posted its earnings results on Friday, July 24th. The specialty chemicals company reported $1.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.03 by $0.17. The firm had revenue of $462.08 million during the quarter, compared to analyst estimates of $448.84 million. Sensient Technologies had a net margin of 9.27% and a return on equity of 13.77%. Sensient Technologies’s revenue was up 11.6% on a year-over-year basis. During the same period in the previous year, the business posted $0.88 EPS. Sensient Technologies has set its FY 2026 guidance at 4.100-4.200 EPS. As a group, sell-side analysts predict that Sensient Technologies Corporation will post 4.2 EPS for the current year.

Sensient Technologies Dividend Announcement

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

Insider Activity at Sensient Technologies

In other Sensient Technologies news, Director Mario Ferruzzi sold 1,200 shares of the company’s stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $129.48, for a total value of $155,376.00. Following the completion of the sale, the director directly owned 7,352 shares of the company’s stock, valued at approximately $951,936.96. This represents a 14.03% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 1.30% of the company’s stock.

Wall Street Analyst Weigh In

SXT has been the topic of a number of recent research reports. Zacks Research raised shares of Sensient Technologies from a “hold” rating to a “strong-buy” rating in a report on Monday, July 27th. Rothschild & Co Redburn initiated coverage on Sensient Technologies in a report on Wednesday, July 8th. They set a “neutral” rating and a $125.00 target price for the company. Robert W. Baird increased their price target on Sensient Technologies from $125.00 to $140.00 and gave the stock an “outperform” rating in a research report on Monday, July 27th. Weiss Ratings raised Sensient Technologies from a “buy (b-)” rating to a “buy (b)” rating in a report on Thursday, August 6th. Finally, UBS Group boosted their price objective on Sensient Technologies from $143.00 to $155.00 and gave the company a “buy” rating in a research report on Monday, July 27th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, Sensient Technologies currently has a consensus rating of “Buy” and a consensus target price of $140.00.

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.