Sensient Technologies (NYSE:SXT) VP Thierry Hoang Sells 439 Shares

Sensient Technologies Corporation (NYSE:SXT) VP Thierry Hoang sold 439 shares of Sensient Technologies stock in a transaction on Monday, May 4th. The shares were sold at an average price of $114.15, for a total value of $50,111.85. Following the completion of the sale, the vice president directly owned 14,309 shares of the company’s stock, valued at $1,633,372.35. This trade represents a 2.98% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Sensient Technologies Stock Up 2.9%

NYSE SXT opened at $119.05 on Thursday. The stock has a fifty day moving average of $96.20 and a 200-day moving average of $95.44. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.97 and a current ratio of 5.01. The stock has a market capitalization of $5.07 billion, a P/E ratio of 35.12 and a beta of 0.81. Sensient Technologies Corporation has a 52 week low of $82.60 and a 52 week high of $129.35.

Sensient Technologies (NYSE:SXT) last announced its quarterly earnings data on Friday, April 24th. The specialty chemicals company reported $1.04 EPS for the quarter, topping analysts’ consensus estimates of $0.80 by $0.24. The firm had revenue of $435.83 million during the quarter, compared to analyst estimates of $411.39 million. Sensient Technologies had a return on equity of 13.12% and a net margin of 8.71%.The company’s revenue was up 11.1% on a year-over-year basis. During the same period last year, the company earned $0.86 earnings per share. Sensient Technologies has set its FY 2026 guidance at 3.700-3.90 EPS. On average, equities research analysts forecast that Sensient Technologies Corporation will post 3.9 EPS for the current year.

Sensient Technologies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Monday, May 11th will be issued a $0.41 dividend. This represents a $1.64 annualized dividend and a yield of 1.4%. The ex-dividend date is Monday, May 11th. Sensient Technologies’s dividend payout ratio is currently 48.38%.

Institutional Trading of Sensient Technologies

A number of institutional investors have recently modified their holdings of SXT. Salomon & Ludwin LLC lifted its holdings in shares of Sensient Technologies by 146.2% in the fourth quarter. Salomon & Ludwin LLC now owns 293 shares of the specialty chemicals company’s stock valued at $28,000 after purchasing an additional 174 shares in the last quarter. Farther Finance Advisors LLC raised its holdings in Sensient Technologies by 313.5% during the fourth quarter. Farther Finance Advisors LLC now owns 306 shares of the specialty chemicals company’s stock worth $29,000 after acquiring an additional 232 shares in the last quarter. State of Wyoming bought a new stake in Sensient Technologies during the third quarter worth about $32,000. Kohmann Bosshard Financial Services LLC bought a new stake in Sensient Technologies during the fourth quarter worth about $33,000. Finally, Advisors Asset Management Inc. raised its holdings in Sensient Technologies by 53.1% during the fourth quarter. Advisors Asset Management Inc. now owns 401 shares of the specialty chemicals company’s stock worth $38,000 after acquiring an additional 139 shares in the last quarter. 90.86% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research firms have commented on SXT. UBS Group lifted their target price on shares of Sensient Technologies from $115.00 to $143.00 and gave the stock a “buy” rating in a report on Tuesday, April 28th. Weiss Ratings raised shares of Sensient Technologies from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, April 24th. Finally, Zacks Research raised Sensient Technologies from a “strong sell” rating to a “hold” rating in a research note on Monday, April 20th. Two equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, Sensient Technologies currently has an average rating of “Hold” and a consensus target price of $121.00.

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.