Mario Ferruzzi Sells 1,200 Shares of Sensient Technologies (NYSE:SXT) Stock

Sensient Technologies Corporation (NYSE:SXT) Director Mario Ferruzzi sold 1,200 shares of the firm’s stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $129.48, for a total transaction of $155,376.00. Following the sale, the director owned 7,352 shares of the company’s stock, valued at $951,936.96. This represents a 14.03% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Sensient Technologies Trading Up 1.0%

Shares of Sensient Technologies stock opened at $129.75 on Friday. The stock has a 50 day moving average of $119.01 and a 200 day moving average of $106.35. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.72 and a current ratio of 4.39. The firm has a market capitalization of $5.52 billion, a price-to-earnings ratio of 34.97 and a beta of 0.78. Sensient Technologies Corporation has a fifty-two week low of $82.60 and a fifty-two week high of $132.32.

Sensient Technologies (NYSE:SXT) last posted its earnings results on Friday, July 24th. The specialty chemicals company reported $1.20 EPS for the quarter, beating analysts’ consensus estimates of $1.03 by $0.17. Sensient Technologies had a return on equity of 13.77% and a net margin of 9.27%.The company had revenue of $462.08 million for the quarter, compared to the consensus estimate of $448.84 million. During the same quarter in the previous year, the business earned $0.88 earnings per share. The company’s revenue for the quarter was up 11.6% on a year-over-year basis. Sensient Technologies has set its FY 2026 guidance at 4.100-4.200 EPS. As a group, research analysts predict that Sensient Technologies Corporation will post 4.2 earnings per share for the current year.

Sensient Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Monday, August 3rd will be issued a $0.41 dividend. This represents a $1.64 annualized dividend and a yield of 1.3%. The ex-dividend date is Monday, August 3rd. Sensient Technologies’s payout ratio is 44.20%.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the stock. UBS Group lifted their price target on shares of Sensient Technologies from $143.00 to $155.00 and gave the company a “buy” rating in a research report on Monday, July 27th. Zacks Research upgraded shares of Sensient Technologies from a “hold” rating to a “strong-buy” rating in a report on Monday, July 27th. Rothschild & Co Redburn began coverage on shares of Sensient Technologies in a research report on Wednesday, July 8th. They set a “neutral” rating and a $125.00 price objective for the company. Weiss Ratings upgraded shares of Sensient Technologies from a “buy (b-)” rating to a “buy (b)” rating in a report on Thursday. Finally, Robert W. Baird boosted their target price on Sensient Technologies from $125.00 to $140.00 and gave the company an “outperform” rating in a research report on Monday, July 27th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, Sensient Technologies has an average rating of “Buy” and an average target price of $140.00.

Hedge Funds Weigh In On Sensient Technologies

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. BlackRock Inc. acquired a new stake in Sensient Technologies in the 2nd quarter valued at about $818,403,000. Dimensional Fund Advisors LP grew its position in shares of Sensient Technologies by 2.2% during the first quarter. Dimensional Fund Advisors LP now owns 1,046,850 shares of the specialty chemicals company’s stock worth $90,494,000 after buying an additional 22,793 shares in the last quarter. Geode Capital Management LLC grew its position in shares of Sensient Technologies by 0.4% during the fourth quarter. Geode Capital Management LLC now owns 1,010,258 shares of the specialty chemicals company’s stock worth $94,930,000 after buying an additional 4,123 shares in the last quarter. Vaughan Nelson Investment Management L.P. purchased a new stake in shares of Sensient Technologies during the first quarter worth approximately $77,955,000. Finally, Snyder Capital Management L P increased its stake in shares of Sensient Technologies by 4.5% during the fourth quarter. Snyder Capital Management L P now owns 695,170 shares of the specialty chemicals company’s stock worth $65,311,000 after buying an additional 29,707 shares during the period. 90.86% of the stock is currently owned by hedge funds and other institutional investors.

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.