Axiom Investors LLC DE raised its holdings in Sensient Technologies Corporation (NYSE:SXT – Free Report) by 5.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 161,293 shares of the specialty chemicals company’s stock after purchasing an additional 7,764 shares during the quarter. Axiom Investors LLC DE’s holdings in Sensient Technologies were worth $15,153,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors also recently added to or reduced their stakes in the company. Dynamic Technology Lab Private Ltd acquired a new stake in shares of Sensient Technologies during the 3rd quarter valued at approximately $1,324,000. Western Standard LLC acquired a new position in shares of Sensient Technologies during the 3rd quarter worth approximately $3,233,000. Tudor Investment Corp ET AL acquired a new position in shares of Sensient Technologies during the 3rd quarter worth approximately $4,142,000. Yost Capital Management LP raised its position in shares of Sensient Technologies by 43.8% during the 3rd quarter. Yost Capital Management LP now owns 86,300 shares of the specialty chemicals company’s stock worth $8,099,000 after purchasing an additional 26,300 shares during the last quarter. Finally, Quantbot Technologies LP acquired a new position in shares of Sensient Technologies during the 3rd quarter worth approximately $3,212,000. Hedge funds and other institutional investors own 90.86% of the company’s stock.
Analyst Ratings Changes
Several research analysts recently issued reports on the company. Zacks Research upgraded Sensient Technologies from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 19th. UBS Group lifted their price objective on Sensient Technologies from $115.00 to $143.00 and gave the stock a “buy” rating in a research report on Tuesday, April 28th. Finally, Weiss Ratings upgraded Sensient Technologies from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and an average price target of $134.00.
Sensient Technologies Trading Up 5.6%
Shares of SXT opened at $119.18 on Wednesday. The stock has a fifty day moving average of $107.66 and a two-hundred day moving average of $98.99. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.97 and a current ratio of 5.01. The company has a market capitalization of $5.07 billion, a PE ratio of 35.15 and a beta of 0.80. Sensient Technologies Corporation has a fifty-two week low of $82.60 and a fifty-two week high of $129.35.
Sensient Technologies (NYSE:SXT – Get Free Report) last issued its quarterly earnings results on Friday, April 24th. The specialty chemicals company reported $1.04 earnings per share for the quarter, beating the consensus estimate of $0.80 by $0.24. The company had revenue of $435.83 million during 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% on a year-over-year basis. During the same period in the previous year, the firm posted $0.86 EPS. Sensient Technologies has set its FY 2026 guidance at 3.700-3.90 EPS. As a group, analysts forecast that Sensient Technologies Corporation will post 3.9 EPS for the current year.
Sensient Technologies Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Monday, May 11th were issued a $0.41 dividend. The ex-dividend date was Monday, May 11th. This represents a $1.64 annualized dividend and a yield of 1.4%. Sensient Technologies’s payout ratio is 48.38%.
Insiders Place Their Bets
In other Sensient Technologies news, VP Thierry Hoang sold 439 shares of the business’s stock in a transaction 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 approximately $1,633,372.35. The trade was a 2.98% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 1.30% of the company’s stock.
About Sensient Technologies
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.
See Also
- Five stocks we like better than Sensient Technologies
- The Bank of Mom and Dad Is Booming—3 Stocks to Watch
- Corning Is Paving AI’s Future With Glass
- Why’s Amazon Suddenly Lagging the S&P 500, and Is It a Warning?
- Crypto Winter Is Here: 3 Stocks To Put On Ice This Summer
Want to see what other hedge funds are holding SXT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Sensient Technologies Corporation (NYSE:SXT – Free Report).
Receive News & Ratings for Sensient Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sensient Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
