GSA Capital Partners LLP Invests $842,000 in Sensient Technologies Corporation $SXT

GSA Capital Partners LLP bought a new stake in Sensient Technologies Corporation (NYSE:SXT) during the 2nd quarter, HoldingsChannel reports. The fund bought 6,826 shares of the specialty chemicals company’s stock, valued at approximately $842,000.

A number of other institutional investors and hedge funds have also made changes to their positions in SXT. MML Investors Services LLC raised its holdings in Sensient Technologies by 3.9% during the fourth quarter. MML Investors Services LLC now owns 3,146 shares of the specialty chemicals company’s stock worth $296,000 after purchasing an additional 119 shares in the last quarter. Oregon Public Employees Retirement Fund lifted its position in Sensient Technologies by 1.4% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 9,675 shares of the specialty chemicals company’s stock valued at $909,000 after purchasing an additional 130 shares during the period. Advisors Asset Management Inc. boosted its holdings in Sensient Technologies by 53.1% in the 4th quarter. Advisors Asset Management Inc. now owns 401 shares of the specialty chemicals company’s stock valued at $38,000 after purchasing an additional 139 shares in the last quarter. Covestor Ltd boosted its holdings in Sensient Technologies by 31.7% in the 4th quarter. Covestor Ltd now owns 594 shares of the specialty chemicals company’s stock valued at $56,000 after purchasing an additional 143 shares in the last quarter. Finally, Evergreen Capital Management LLC boosted its holdings in Sensient Technologies by 3.4% in the 2nd quarter. Evergreen Capital Management LLC now owns 4,500 shares of the specialty chemicals company’s stock valued at $443,000 after purchasing an additional 146 shares in the last quarter. 90.86% of the stock is currently owned by institutional investors and hedge funds.

Sensient Technologies Stock Down 2.4%

Shares of NYSE SXT opened at $130.25 on Wednesday. The firm’s 50-day moving average is $121.46 and its two-hundred day moving average is $108.14. The company has a market capitalization of $5.54 billion, a PE ratio of 35.11 and a beta of 0.78. Sensient Technologies Corporation has a 12-month low of $82.60 and a 12-month high of $136.58. The company has a debt-to-equity ratio of 0.61, a current ratio of 4.39 and a quick ratio of 1.72.

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

Sensient Technologies Announces Dividend

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

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the company. Robert W. Baird increased their target price on Sensient Technologies from $125.00 to $140.00 and gave the stock an “outperform” rating in a research note on Monday, July 27th. Zacks Research upgraded Sensient Technologies from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 27th. Rothschild & Co Redburn began coverage on Sensient Technologies in a report on Wednesday, July 8th. They set a “neutral” rating and a $125.00 price objective on the stock. UBS Group increased their price objective on Sensient Technologies from $143.00 to $155.00 and gave the stock a “buy” rating in a research report on Monday, July 27th. Finally, Weiss Ratings raised Sensient Technologies from a “buy (b-)” rating to a “buy (b)” rating in a report on Thursday, August 6th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, Sensient Technologies presently has a consensus rating of “Buy” and a consensus target price of $140.00.

Insiders Place Their Bets

In other Sensient Technologies news, Director Mario Ferruzzi sold 1,200 shares of the firm’s stock in a transaction 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 completion of the transaction, the director owned 7,352 shares of the company’s stock, valued at approximately $951,936.96. This trade represents a 14.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 1.30% of the company’s stock.

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.