Sensient Technologies (NYSE:SXT) Rating Lowered to Strong Sell at Zacks Research

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

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

Sensient Technologies Stock Performance

Shares of SXT stock 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 company has a debt-to-equity ratio of 0.59, a current ratio of 4.10 and a quick ratio of 1.53. The business’s 50 day simple moving average is $95.85 and its 200 day simple moving average is $99.25. The stock has a market capitalization of $3.90 billion, a PE ratio of 29.06 and a beta of 0.58.

Sensient Technologies (NYSE:SXT) last released its quarterly earnings data on Friday, February 13th. The specialty chemicals company reported $0.72 earnings per share 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 business had revenue of $393.45 million for the quarter, compared to analyst estimates of $395.70 million. During the same quarter in the previous year, the company posted $0.70 EPS. The business’s quarterly revenue was up 4.5% on a year-over-year basis. Sensient Technologies has set its FY 2026 guidance at 3.600-3.800 EPS. As a group, research analysts forecast that Sensient Technologies will post 3.1 earnings per share for the current year.

Insiders Place Their Bets

In other news, Director Essie Whitelaw sold 3,985 shares of the company’s 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 approximately $1,627,502.56. This represents a 18.87% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 1.20% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Sensient Technologies

Hedge funds have recently added to or reduced their stakes in the business. Salomon & Ludwin LLC grew its position in shares of Sensient Technologies by 146.2% during the 4th quarter. Salomon & Ludwin LLC now owns 293 shares of the specialty chemicals company’s stock valued at $28,000 after acquiring an additional 174 shares during the period. Private Trust Co. NA purchased a new position in Sensient Technologies during the second quarter worth about $29,000. Farther Finance Advisors LLC raised its holdings in shares of Sensient Technologies by 313.5% in the 4th quarter. Farther Finance Advisors LLC now owns 306 shares of the specialty chemicals company’s stock valued at $29,000 after buying an additional 232 shares during the period. State of Wyoming purchased a new position in shares of Sensient Technologies in the 3rd quarter valued at about $32,000. Finally, Kohmann Bosshard Financial Services LLC acquired a new stake in shares of Sensient Technologies during the 4th quarter worth about $33,000. 90.86% of the stock is owned by hedge funds and other institutional investors.

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.