Jefferies Financial Group Inc. Has $1.26 Million Stock Position in Sensient Technologies Corporation $SXT

Jefferies Financial Group Inc. trimmed its stake in Sensient Technologies Corporation (NYSE:SXT) by 68.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 12,750 shares of the specialty chemicals company’s stock after selling 28,233 shares during the period. Jefferies Financial Group Inc.’s holdings in Sensient Technologies were worth $1,256,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of SXT. Private Trust Co. NA acquired a new stake in Sensient Technologies during the 2nd quarter valued at $29,000. Gables Capital Management Inc. bought a new stake in Sensient Technologies during the 2nd quarter worth about $59,000. GAMMA Investing LLC lifted its holdings in Sensient Technologies by 69.2% in the second quarter. GAMMA Investing LLC now owns 736 shares of the specialty chemicals company’s stock valued at $73,000 after buying an additional 301 shares during the period. ST Germain D J Co. Inc. acquired a new position in shares of Sensient Technologies in the 2nd quarter valued at $89,000. Finally, Nisa Investment Advisors LLC boosted its holdings in Sensient Technologies by 20.8% during the second quarter. Nisa Investment Advisors LLC now owns 899 shares of the specialty chemicals company’s stock worth $89,000 after buying an additional 155 shares during the last quarter. Institutional investors and hedge funds own 90.86% of the company’s stock.

Insider Buying and Selling at Sensient Technologies

In other Sensient Technologies news, VP David J. Plautz bought 2,150 shares of the firm’s stock in a transaction that occurred on Tuesday, November 4th. The stock was acquired at an average price of $92.98 per share, with a total value of $199,907.00. Following the completion of the transaction, the vice president owned 2,999 shares in the company, valued at approximately $278,847.02. This trade represents a 253.24% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Joseph Carleone purchased 1,000 shares of the stock in a transaction on Monday, November 3rd. The stock was acquired at an average price of $91.26 per share, for a total transaction of $91,260.00. Following the completion of the purchase, the director directly owned 22,414 shares in the company, valued at approximately $2,045,501.64. The trade was a 4.67% increase in their position. The SEC filing for this purchase provides additional information. Corporate insiders own 1.20% of the company’s stock.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Sensient Technologies in a research note on Tuesday. One investment analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Sensient Technologies presently has an average rating of “Hold” and an average target price of $110.00.

Sensient Technologies Stock Performance

Shares of SXT opened at $97.65 on Thursday. The firm has a market cap of $4.15 billion, a P/E ratio of 30.80 and a beta of 0.61. Sensient Technologies Corporation has a twelve month low of $66.14 and a twelve month high of $121.54. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.78 and a current ratio of 4.25. The firm’s 50 day moving average price is $94.82 and its two-hundred day moving average price is $101.49.

Sensient Technologies (NYSE:SXT) last posted its quarterly earnings data on Friday, October 31st. The specialty chemicals company reported $0.96 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.90 by $0.06. The business had revenue of $412.11 million during the quarter, compared to the consensus estimate of $407.45 million. Sensient Technologies had a return on equity of 12.56% and a net margin of 8.56%.Sensient Technologies’s quarterly revenue was up 5.0% on a year-over-year basis. During the same period last year, the company earned $0.80 earnings per share. Sensient Technologies has set its FY 2025 guidance at 3.130-3.230 EPS. On average, analysts forecast that Sensient Technologies Corporation will post 3.1 EPS for the current fiscal year.

Sensient Technologies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 1st. Stockholders of record on Monday, November 10th will be given a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend is Monday, November 10th. Sensient Technologies’s payout ratio is currently 50.15%.

Sensient Technologies Profile

Sensient Technologies Corporation, together with its subsidiaries, develops, manufactures, and markets colors, flavors, and other specialty ingredients in North America, Europe, Asia, Australia, South America, and Africa. The company offers flavor-delivery systems, and compounded and blended products; ingredient products, such as essential oils, natural and synthetic flavors, and natural extracts; and chili powder, paprika, and chili pepper, as well as dehydrated vegetables comprising parsley, celery, and spinach to the food, beverage, and personal care industries.