Sensient Technologies (NYSE:SXT – Get Free Report) updated its FY 2026 earnings guidance on Friday. The company provided EPS guidance of 4.100-4.200 for the period, compared to the consensus earnings per share estimate of 3.940. The company issued revenue guidance of -.
Analysts Set New Price Targets
Several research analysts have recently issued reports on SXT shares. Zacks Research downgraded shares of Sensient Technologies from a “strong-buy” rating to a “hold” rating in a report on Friday, June 26th. UBS Group reiterated a “buy” rating on shares of Sensient Technologies in a research note on Monday, June 22nd. Weiss Ratings raised Sensient Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, July 2nd. Finally, Rothschild & Co Redburn assumed coverage on Sensient Technologies in a research note on Wednesday, July 8th. They set a “neutral” rating and a $125.00 price target on the stock. Two research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $134.00.
Get Our Latest Analysis on SXT
Sensient Technologies Stock Performance
Sensient Technologies (NYSE:SXT – Get Free Report) last posted its quarterly earnings results on Friday, April 24th. The specialty chemicals company reported $1.04 earnings per share for the quarter, topping analysts’ consensus estimates of $0.80 by $0.24. The firm had revenue of $435.83 million for the quarter, compared to the consensus estimate 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 was up 11.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.86 earnings per share. Sell-side analysts expect that Sensient Technologies will post 3.9 EPS for the current year.
Insider Activity at Sensient Technologies
In other news, VP Thierry Hoang sold 439 shares of the firm’s stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $114.15, for a total transaction of $50,111.85. Following the completion of the transaction, the vice president directly owned 14,309 shares of the company’s stock, valued at approximately $1,633,372.35. This trade represents a 2.98% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 1.30% of the company’s stock.
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in the business. Parsifal Capital Management LP acquired a new position in shares of Sensient Technologies in the 3rd quarter worth approximately $46,784,000. J. Goldman & Co LP acquired a new stake in Sensient Technologies in the 4th quarter valued at $35,336,000. Holocene Advisors LP acquired a new stake in Sensient Technologies in the 3rd quarter valued at $23,762,000. Invesco Ltd. grew its position in Sensient Technologies by 158.0% in the third quarter. Invesco Ltd. now owns 413,018 shares of the specialty chemicals company’s stock valued at $38,762,000 after acquiring an additional 252,922 shares during the period. Finally, Oberweis Asset Management Inc. bought a new stake in Sensient Technologies in the third quarter valued at $12,595,000. Institutional investors and hedge funds own 90.86% 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.
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