Thierry Hoang Sells 400 Shares of Sensient Technologies (NYSE:SXT) Stock

Sensient Technologies Corporation (NYSE:SXT) VP Thierry Hoang sold 400 shares of Sensient Technologies stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $115.19, for a total value of $46,076.00. Following the completion of the transaction, the vice president directly owned 13,909 shares in the company, valued at $1,602,177.71. This trade represents a 2.80% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Thierry Hoang also recently made the following trade(s):

• On Monday, May 4th, Thierry Hoang sold 439 shares of Sensient Technologies stock. The shares were sold at an average price of $114.15, for a total value of $50,111.85.

Sensient Technologies Price Performance

SXT opened at $113.34 on Friday. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.97 and a current ratio of 5.01. Sensient Technologies Corporation has a 52-week low of $82.60 and a 52-week high of $129.35. The stock has a market capitalization of $4.82 billion, a PE ratio of 33.43 and a beta of 0.81. The stock’s 50 day moving average price is $100.56 and its 200-day moving average price is $97.06.

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

Sensient Technologies Announces Dividend

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

Institutional Investors Weigh In On Sensient Technologies

Hedge funds have recently made changes to their positions in the company. Salomon & Ludwin LLC boosted its position in shares of Sensient Technologies by 146.2% during 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 boosted its position in shares of Sensient Technologies by 313.5% during the fourth quarter. Farther Finance Advisors LLC now owns 306 shares of the specialty chemicals company’s stock valued at $29,000 after purchasing an additional 232 shares in the last quarter. State of Wyoming bought a new stake in shares of Sensient Technologies during the third quarter valued at approximately $32,000. Kohmann Bosshard Financial Services LLC bought a new stake in shares of Sensient Technologies during the fourth quarter valued at approximately $33,000. Finally, Advisors Asset Management Inc. boosted its position in shares of Sensient Technologies by 53.1% during the fourth 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. 90.86% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research firms have recently issued reports on SXT. Weiss Ratings raised Sensient Technologies from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, April 24th. UBS Group boosted their target price on Sensient Technologies from $115.00 to $143.00 and gave the company a “buy” rating in a research note on Tuesday, April 28th. Finally, Zacks Research raised Sensient Technologies from a “hold” rating to a “strong-buy” rating in a research note on Tuesday. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target 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.