Sensient Technologies Corporation $SXT Shares Purchased by Roubaix Capital LLC

Roubaix Capital LLC lifted its position in Sensient Technologies Corporation (NYSE:SXT) by 32.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 83,186 shares of the specialty chemicals company’s stock after purchasing an additional 20,154 shares during the period. Sensient Technologies comprises about 3.4% of Roubaix Capital LLC’s portfolio, making the stock its 4th biggest holding. Roubaix Capital LLC’s holdings in Sensient Technologies were worth $7,191,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in SXT. Salomon & Ludwin LLC increased its holdings in Sensient Technologies by 146.2% in the fourth quarter. Salomon & Ludwin LLC now owns 293 shares of the specialty chemicals company’s stock valued at $28,000 after buying an additional 174 shares in the last quarter. Farther Finance Advisors LLC boosted its stake in shares of Sensient Technologies by 313.5% during the 4th quarter. Farther Finance Advisors LLC now owns 306 shares of the specialty chemicals company’s stock worth $29,000 after acquiring an additional 232 shares in the last quarter. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of Sensient Technologies during the 4th quarter worth about $33,000. Advisors Asset Management Inc. grew its position 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 valued at $38,000 after acquiring an additional 139 shares during the period. Finally, Kestra Advisory Services LLC acquired a new stake in shares of Sensient Technologies during the 4th quarter valued at about $44,000. 90.86% of the stock is owned by hedge funds and other institutional investors.

Sensient Technologies Stock Down 1.9%

Shares of NYSE SXT opened at $108.74 on Friday. The company’s 50-day simple moving average is $116.84 and its 200-day simple moving average is $103.52. Sensient Technologies Corporation has a 52-week low of $82.60 and a 52-week high of $129.35. The firm has a market cap of $4.63 billion, a price-to-earnings ratio of 32.08 and a beta of 0.78. The company has a quick ratio of 1.97, a current ratio of 5.01 and a debt-to-equity ratio of 0.63.

Sensient Technologies (NYSE:SXT) last released its earnings results on Friday, April 24th. The specialty chemicals company reported $1.04 EPS for the quarter, topping analysts’ consensus estimates of $0.80 by $0.24. Sensient Technologies had a net margin of 8.71% and a return on equity of 13.12%. The business had revenue of $435.83 million during the quarter, compared to analysts’ expectations of $411.39 million. During the same quarter in the previous year, the company earned $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. Equities analysts predict that Sensient Technologies Corporation will post 3.9 EPS for the current fiscal year.

Sensient Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Monday, May 11th were paid a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a yield of 1.5%. The ex-dividend date was Monday, May 11th. Sensient Technologies’s payout ratio is 48.38%.

Analysts Set New Price Targets

SXT has been the subject of a number of analyst reports. Rothschild & Co Redburn initiated coverage on Sensient Technologies in a report on Wednesday, July 8th. They issued a “neutral” rating and a $125.00 price target for the company. UBS Group reissued a “buy” rating on shares of Sensient Technologies in a report on Monday, June 22nd. Zacks Research cut Sensient Technologies from a “strong-buy” rating to a “hold” rating in a research report on Friday, June 26th. Finally, Weiss Ratings raised Sensient Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, July 2nd. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, Sensient Technologies has an average rating of “Moderate Buy” and an average price target of $134.00.

Insider Buying and Selling

In other Sensient Technologies news, VP Thierry Hoang sold 400 shares of the business’s stock in a transaction that occurred on Monday, May 18th. The stock was 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 in the company, valued at approximately $1,602,177.71. The trade was a 2.80% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 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.