Sensient Technologies Corporation $SXT Shares Sold by Heartland Advisors Inc.

Heartland Advisors Inc. trimmed its holdings in shares of Sensient Technologies Corporation (NYSE:SXT) by 7.0% in the first quarter, HoldingsChannel reports. The firm owned 67,784 shares of the specialty chemicals company’s stock after selling 5,070 shares during the period. Heartland Advisors Inc.’s holdings in Sensient Technologies were worth $5,859,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of the stock. Tudor Investment Corp ET AL purchased a new stake in Sensient Technologies during the 3rd quarter worth about $4,142,000. JPMorgan Chase & Co. lifted its holdings in Sensient Technologies by 47.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 98,683 shares of the specialty chemicals company’s stock valued at $9,261,000 after purchasing an additional 31,777 shares in the last quarter. Congress Asset Management Co. lifted its holdings in Sensient Technologies by 2.5% in the 4th quarter. Congress Asset Management Co. now owns 734,573 shares of the specialty chemicals company’s stock valued at $69,013,000 after purchasing an additional 17,935 shares in the last quarter. Mountaineer Partners Management LLC acquired a new stake in shares of Sensient Technologies during the 4th quarter worth about $11,001,000. Finally, Yost Capital Management LP boosted its stake in shares of Sensient Technologies by 51.4% during the 4th quarter. Yost Capital Management LP now owns 130,700 shares of the specialty chemicals company’s stock worth $12,279,000 after purchasing an additional 44,400 shares during the last quarter. 90.86% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Sensient Technologies

In other news, VP Thierry Hoang sold 400 shares of the company’s stock in a transaction 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 $1,602,177.71. This represents a 2.80% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. 1.30% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

SXT has been the subject of a number of analyst reports. UBS Group reissued a “buy” rating on shares of Sensient Technologies in a research report on Monday, June 22nd. Weiss Ratings raised shares of Sensient Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, July 2nd. Zacks Research cut shares of Sensient Technologies from a “strong-buy” rating to a “hold” rating in a research note on Friday, June 26th. Finally, Rothschild & Co Redburn assumed 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. Two investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $134.00.

Sensient Technologies Price Performance

SXT opened at $108.74 on Monday. Sensient Technologies Corporation has a 1 year low of $82.60 and a 1 year high of $129.35. The company’s 50 day simple moving average is $116.84 and its 200 day simple moving average is $103.57. The stock has a market capitalization of $4.63 billion, a PE ratio of 32.08 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 (NYSE:SXT) last issued its quarterly earnings results on Friday, April 24th. The specialty chemicals company reported $1.04 EPS for the quarter, topping the consensus estimate of $0.80 by $0.24. The firm had revenue of $435.83 million during the quarter, compared to analyst estimates of $411.39 million. Sensient Technologies had a net margin of 8.71% and a return on equity of 13.12%. Sensient Technologies’s revenue for the quarter was up 11.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.86 earnings per share. Sensient Technologies has set its FY 2026 guidance at 3.700-3.90 EPS. As a group, sell-side analysts expect that Sensient Technologies Corporation will post 3.9 EPS for the current year.

Sensient Technologies Dividend Announcement

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

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.