Louisiana State Employees Retirement System Acquires Shares of 18,800 Sensient Technologies Corporation $SXT

Louisiana State Employees Retirement System bought a new position in Sensient Technologies Corporation (NYSE:SXT) in the 1st quarter, according to its most recent disclosure with the SEC. The firm bought 18,800 shares of the specialty chemicals company’s stock, valued at approximately $1,625,000.

Other large investors have also recently modified their holdings of the company. Vaughan Nelson Investment Management L.P. bought a new position in Sensient Technologies in the first quarter worth about $77,955,000. Norges Bank purchased a new position in shares of Sensient Technologies during the 4th quarter worth approximately $49,867,000. Parsifal Capital Management LP purchased a new position in shares of Sensient Technologies during the 3rd quarter worth approximately $46,784,000. J. Goldman & Co LP bought a new position in shares of Sensient Technologies in the 4th quarter worth approximately $35,336,000. Finally, Pictet Asset Management Holding SA raised its position in shares of Sensient Technologies by 5,807.9% in the 4th quarter. Pictet Asset Management Holding SA now owns 327,654 shares of the specialty chemicals company’s stock worth $30,783,000 after acquiring an additional 322,108 shares in the last quarter. Institutional investors own 90.86% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently weighed in on SXT. Zacks Research lowered Sensient Technologies from a “strong-buy” rating to a “hold” rating in a research report on Friday, June 26th. UBS Group reissued a “buy” rating on shares of Sensient Technologies in a research report on Monday, June 22nd. Finally, Weiss Ratings upgraded shares of Sensient Technologies from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, April 24th. Two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $134.00.

Sensient Technologies Stock Performance

Shares of SXT stock opened at $122.48 on Thursday. The company has a market capitalization of $5.21 billion, a price-to-earnings ratio of 36.13 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 Corporation has a one year low of $82.60 and a one year high of $129.35. The company’s 50-day moving average is $115.96 and its 200 day moving average is $101.72.

Sensient Technologies (NYSE:SXT) last issued its earnings results on Friday, April 24th. The specialty chemicals company reported $1.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.80 by $0.24. The business had revenue of $435.83 million during the quarter, compared to analysts’ expectations of $411.39 million. Sensient Technologies had a net margin of 8.71% and a return on equity of 13.12%. The business’s revenue for the quarter was up 11.1% compared to the same quarter last year. During the same period in the previous year, the company earned $0.86 earnings per share. Sensient Technologies has set its FY 2026 guidance at 3.700-3.90 EPS. Sell-side analysts expect that Sensient Technologies Corporation will post 3.9 EPS for the current fiscal year.

Sensient Technologies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Monday, May 11th were given a $0.41 dividend. The ex-dividend date of this dividend was Monday, May 11th. This represents a $1.64 annualized dividend and a yield of 1.3%. Sensient Technologies’s dividend payout ratio is 48.38%.

Insider Buying and Selling

In other Sensient Technologies news, VP Thierry Hoang sold 400 shares of the 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 sale, the vice president directly owned 13,909 shares in the company, valued at approximately $1,602,177.71. This trade represents a 2.80% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 1.30% of the company’s stock.

Sensient Technologies 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.