Thierry Hoang Sells 439 Shares of Sensient Technologies (NYSE:SXT) Stock

Sensient Technologies Corporation (NYSE:SXT) VP Thierry Hoang sold 439 shares of the business’s stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $114.15, for a total value of $50,111.85. Following the completion of the transaction, the vice president directly owned 14,309 shares in the company, valued at $1,633,372.35. The trade was a 2.98% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Sensient Technologies Stock Down 1.2%

Shares of SXT opened at $117.70 on Friday. The company has a market capitalization of $5.01 billion, a P/E ratio of 34.72 and a beta of 0.81. The company has a debt-to-equity ratio of 0.63, a current ratio of 5.01 and a quick ratio of 1.97. Sensient Technologies Corporation has a one year low of $82.60 and a one year high of $129.35. The business’s 50 day simple moving average is $96.65 and its 200-day simple moving average is $95.59.

Sensient Technologies (NYSE:SXT) last announced its 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 business had revenue of $435.83 million for the quarter, compared to the consensus estimate of $411.39 million. Sensient Technologies had a return on equity of 13.12% and a net margin of 8.71%.Sensient Technologies’s revenue was up 11.1% compared to the same quarter last year. During the same period in the previous year, the business earned $0.86 EPS. Sensient Technologies has set its FY 2026 guidance at 3.700-3.90 EPS. As a group, sell-side 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 will be paid on Monday, June 1st. Shareholders of record on Monday, May 11th will be issued a dividend of $0.41 per share. The ex-dividend date of this dividend is Monday, May 11th. This represents a $1.64 annualized dividend and a yield of 1.4%. Sensient Technologies’s dividend payout ratio is currently 48.38%.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on SXT. Zacks Research raised Sensient Technologies from a “strong sell” rating to a “hold” rating in a report on Monday, April 20th. UBS Group upped their price objective on Sensient Technologies from $115.00 to $143.00 and gave the stock a “buy” rating in a report on Tuesday, April 28th. Finally, Weiss Ratings raised Sensient Technologies from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, April 24th. Two research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $121.00.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of SXT. Royal Bank of Canada lifted its holdings in Sensient Technologies by 19.3% during the 1st quarter. Royal Bank of Canada now owns 4,952 shares of the specialty chemicals company’s stock worth $369,000 after buying an additional 802 shares in the last quarter. AQR Capital Management LLC lifted its stake 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 purchasing an additional 4,496 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Sensient Technologies by 4.6% in 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 purchasing an additional 1,107 shares during the period. Millennium Management LLC lifted its stake in shares of Sensient Technologies by 112.1% in the 1st quarter. Millennium Management LLC now owns 115,042 shares of the specialty chemicals company’s stock valued at $8,563,000 after purchasing an additional 60,807 shares during the period. Finally, United Services Automobile Association acquired a new position in shares of Sensient Technologies in the 1st quarter valued at $201,000. 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.