34,452 Shares in Sensient Technologies Corporation $SXT Acquired by Western Standard LLC

Western Standard LLC acquired a new position in shares of Sensient Technologies Corporation (NYSE:SXT) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 34,452 shares of the specialty chemicals company’s stock, valued at approximately $3,233,000. Sensient Technologies accounts for 1.0% of Western Standard LLC’s holdings, making the stock its 18th largest holding.

A number of other institutional investors also recently modified their holdings of SXT. State of Wyoming bought a new position in Sensient Technologies during the third quarter worth about $32,000. EverSource Wealth Advisors LLC raised its position in shares of Sensient Technologies by 181.1% in the second quarter. EverSource Wealth Advisors LLC now owns 475 shares of the specialty chemicals company’s stock valued at $47,000 after buying an additional 306 shares in the last quarter. GAMMA Investing LLC boosted its stake in shares of Sensient Technologies by 19.3% in the third quarter. GAMMA Investing LLC now owns 878 shares of the specialty chemicals company’s stock valued at $82,000 after buying an additional 142 shares during the period. Nisa Investment Advisors LLC boosted its stake in shares of Sensient Technologies by 20.8% in the second quarter. Nisa Investment Advisors LLC now owns 899 shares of the specialty chemicals company’s stock valued at $89,000 after buying an additional 155 shares during the period. Finally, Strs Ohio acquired a new stake in Sensient Technologies during the first quarter worth approximately $119,000. Institutional investors own 90.86% of the company’s stock.

Sensient Technologies Stock Performance

Sensient Technologies stock opened at $97.95 on Friday. The company has a debt-to-equity ratio of 0.59, a current ratio of 4.10 and a quick ratio of 1.53. Sensient Technologies Corporation has a 1 year low of $67.79 and a 1 year high of $121.54. The business has a 50 day moving average of $95.68 and a 200-day moving average of $98.49. The company has a market capitalization of $4.16 billion, a P/E ratio of 31.00 and a beta of 0.58.

Sensient Technologies (NYSE:SXT) last issued its quarterly earnings results on Friday, February 13th. The specialty chemicals company reported $0.72 EPS for the quarter, missing analysts’ consensus estimates of $0.78 by ($0.06). The business had revenue of $393.45 million for the quarter, compared to analyst estimates of $395.70 million. Sensient Technologies had a return on equity of 12.82% and a net margin of 8.34%.Sensient Technologies’s revenue for the quarter was up 4.5% on a year-over-year basis. During the same quarter last year, the firm posted $0.70 EPS. Sensient Technologies has set its FY 2026 guidance at 3.600-3.800 EPS. On average, equities research analysts predict that Sensient Technologies Corporation will post 3.1 earnings per share for the current year.

Sensient Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Tuesday, February 3rd will be given a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date is Tuesday, February 3rd. Sensient Technologies’s dividend payout ratio (DPR) is 51.90%.

Insider Activity at Sensient Technologies

In related news, Director Essie Whitelaw sold 3,985 shares of the company’s stock in a transaction that occurred on Wednesday, December 3rd. The stock was sold at an average price of $95.02, for a total value of $378,654.70. Following the sale, the director directly owned 17,128 shares in the company, valued at $1,627,502.56. This represents a 18.87% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 1.20% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of research firms have recently weighed in on SXT. Weiss Ratings reiterated a “hold (c+)” rating on shares of Sensient Technologies in a research report on Monday, December 29th. Zacks Research cut shares of Sensient Technologies from a “hold” rating to a “strong sell” rating in a research report on Tuesday, February 17th. One investment analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $110.00.

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.