Sensient Technologies Corporation (NYSE:SXT) Stock Has Average Price Target of $140.67 According to Analysts

Shares of Sensient Technologies Corporation (NYSE:SXT) have earned a consensus recommendation of “Moderate Buy” from the five analysts that are presently covering the company, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is $140.67.

SXT has been the subject of a number of analyst reports. Robert W. Baird boosted their price target on Sensient Technologies from $125.00 to $140.00 and gave the stock an “outperform” rating in a research report on Monday, July 27th. Zacks Research lowered Sensient Technologies from a “strong-buy” rating to a “hold” rating in a report on Friday, September 25th. Rothschild & Co Redburn initiated coverage on shares of Sensient Technologies in a research note on Wednesday, July 8th. They set a “neutral” rating and a $125.00 price objective on the stock. UBS Group upped their price objective on shares of Sensient Technologies from $155.00 to $157.00 and gave the stock a “buy” rating in a report on Wednesday, September 30th. Finally, Weiss Ratings upgraded shares of Sensient Technologies from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, September 11th.

Sensient Technologies Stock Up 0.5%

SXT stock opened at $129.18 on Friday. The stock has a market cap of $5.50 billion, a PE ratio of 34.82 and a beta of 0.84. The firm’s 50-day simple moving average is $130.72 and its 200 day simple moving average is $117.06. Sensient Technologies has a fifty-two week low of $82.60 and a fifty-two week high of $138.82. The company has a quick ratio of 1.72, a current ratio of 4.39 and a debt-to-equity ratio of 0.61.

Sensient Technologies (NYSE:SXT) last posted its earnings results on Friday, July 24th. The specialty chemicals company reported $1.20 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $462.08 million during the quarter, compared to analyst estimates of $448.84 million. During the same period in the previous year, the business posted $0.88 EPS. Sensient Technologies’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. As a group, sell-side analysts predict that Sensient Technologies will post 4.2 EPS for the current year.

Sensient Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Stockholders of record on Monday, August 3rd were paid a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend was Monday, August 3rd. Sensient Technologies’s dividend payout ratio is currently 44.20%.

Insider Activity

In other news, Director Mario Ferruzzi sold 1,200 shares of the stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $129.48, for a total value of $155,376.00. Following the completion of the transaction, the director directly owned 7,352 shares in the company, valued at $951,936.96. This trade represents a 14.03% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 1.30% of the stock is owned by company insiders.

Institutional Investors Weigh In On Sensient Technologies

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. BlackRock Inc. bought a new position in Sensient Technologies during the 2nd quarter valued at $818,403,000. Jupiter Topco LLC bought a new stake in shares of Sensient Technologies in the 2nd quarter worth $211,264,000. Dimensional Fund Advisors LP lifted its holdings in shares of Sensient Technologies by 2.2% in the first quarter. Dimensional Fund Advisors LP now owns 1,046,850 shares of the specialty chemicals company’s stock valued at $90,494,000 after buying an additional 22,793 shares during the period. Geode Capital Management LLC boosted its stake in Sensient Technologies by 0.4% during the fourth quarter. Geode Capital Management LLC now owns 1,010,258 shares of the specialty chemicals company’s stock valued at $94,930,000 after buying an additional 4,123 shares in the last quarter. Finally, Vaughan Nelson Investment Management L.P. bought a new position in Sensient Technologies during the first quarter valued at about $77,955,000. Institutional investors own 90.86% of the company’s stock.

Sensient Technologies Company Profile

Sensient Technologies Corporation (NYSE:SXT) is a global manufacturer and marketer of colors, flavors, and fragrances. The company develops specialized ingredients and formulations used by food and beverage producers, pharmaceutical companies, personal care and cosmetics manufacturers, and other industrial customers.

Sensient’s product portfolio includes natural and synthetic color systems, flavoring extracts, sweeteners, seasonings, fragrances, and other functional ingredients. Its technologies are designed for applications such as beverages, confectionery, baked goods, pharmaceuticals, cosmetics, household products, and pet food.

Founded in 1882 and headquartered in Milwaukee, Wisconsin, Sensient serves customers through manufacturing, research, and sales operations across North America, Europe, Asia-Pacific, and other international markets.