Sensient Technologies (NYSE:SXT) Stock Rating Lowered by Zacks Research

Sensient Technologies (NYSE:SXT) was downgraded by analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a note issued to investors on Tuesday,Zacks.com reports.

Separately, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Sensient Technologies in a report on Monday, December 29th. One research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Sensient Technologies currently has a consensus rating of “Hold” and an average price target of $110.00.

Sensient Technologies Trading Down 0.6%

NYSE SXT opened at $91.84 on Tuesday. Sensient Technologies has a one year low of $67.79 and a one year high of $121.54. The firm has a market cap of $3.90 billion, a PE ratio of 29.06 and a beta of 0.58. The firm’s fifty day moving average is $95.85 and its two-hundred day moving average is $99.25. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.53 and a current ratio of 4.10.

Sensient Technologies (NYSE:SXT) last released its quarterly earnings results on Friday, February 13th. The specialty chemicals company reported $0.72 EPS for the quarter, missing the consensus estimate of $0.78 by ($0.06). Sensient Technologies had a return on equity of 12.82% and a net margin of 8.34%.The company had revenue of $393.45 million for the quarter, compared to analysts’ expectations of $395.70 million. During the same quarter last year, the company earned $0.70 EPS. Sensient Technologies’s revenue for the quarter was up 4.5% compared to the same quarter last year. Sensient Technologies has set its FY 2026 guidance at 3.600-3.800 EPS. Analysts expect that Sensient Technologies will post 3.1 earnings per share for the current year.

Insider Activity at Sensient Technologies

In other Sensient Technologies news, Director Essie Whitelaw sold 3,985 shares of the stock in a transaction that occurred on Wednesday, December 3rd. The shares were sold at an average price of $95.02, for a total value of $378,654.70. Following the completion of the sale, the director owned 17,128 shares of the company’s stock, valued at $1,627,502.56. This trade represents a 18.87% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 1.20% of the company’s stock.

Institutional Trading of Sensient Technologies

Large investors have recently modified their holdings of the company. CW Advisors LLC raised its position in Sensient Technologies by 15.4% in the second quarter. CW Advisors LLC now owns 108,654 shares of the specialty chemicals company’s stock worth $10,705,000 after purchasing an additional 14,498 shares in the last quarter. Y Intercept Hong Kong Ltd acquired a new position in shares of Sensient Technologies in the 3rd quarter valued at approximately $5,497,000. Allworth Financial LP boosted its stake in Sensient Technologies by 38,785.2% in the 2nd quarter. Allworth Financial LP now owns 20,998 shares of the specialty chemicals company’s stock worth $2,069,000 after purchasing an additional 20,944 shares during the period. Exchange Traded Concepts LLC bought a new position in shares of Sensient Technologies during the 3rd quarter worth approximately $671,000. Finally, Creative Planning lifted its position in Sensient Technologies by 45.1% during the 2nd quarter. Creative Planning now owns 30,044 shares of the specialty chemicals company’s stock worth $2,960,000 after buying an additional 9,335 shares in the last quarter. Institutional investors and hedge funds own 90.86% 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.