Insider Selling: Sensient Technologies (NYSE:SXT) VP Sells $50,111.85 in Stock

Sensient Technologies Corporation (NYSE:SXT) VP Thierry Hoang sold 439 shares of Sensient Technologies stock in a transaction dated 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 transaction, the vice president owned 14,309 shares of the company’s stock, valued at approximately $1,633,372.35. This represents a 2.98% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Sensient Technologies Trading Up 0.1%

SXT stock opened at $118.02 on Friday. The company has a current ratio of 5.01, a quick ratio of 1.97 and a debt-to-equity ratio of 0.63. Sensient Technologies Corporation has a 12-month low of $82.60 and a 12-month high of $129.35. The stock has a market cap of $5.02 billion, a price-to-earnings ratio of 34.81 and a beta of 0.81. The business’s 50-day moving average is $96.65 and its 200 day moving average is $95.59.

Sensient Technologies (NYSE:SXT) last posted its quarterly earnings data on Friday, April 24th. The specialty chemicals company reported $1.04 earnings per share (EPS) for the quarter, topping 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 company 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 posted $0.86 EPS. Sensient Technologies’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, sell-side analysts anticipate that Sensient Technologies Corporation will post 3.9 EPS for the current fiscal year.

Sensient Technologies Announces Dividend

The company 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 payout ratio is presently 48.38%.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on SXT. Zacks Research upgraded Sensient Technologies from a “strong sell” rating to a “hold” rating in a report on Monday, April 20th. UBS Group lifted their price objective on Sensient Technologies from $115.00 to $143.00 and gave the stock a “buy” rating in a report on Tuesday, April 28th. Finally, Weiss Ratings upgraded Sensient Technologies from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, April 24th. Two analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $121.00.

Institutional Trading of Sensient Technologies

Institutional investors have recently made changes to their positions in the company. Salomon & Ludwin LLC raised its position in shares of Sensient Technologies by 146.2% during the 4th quarter. Salomon & Ludwin LLC now owns 293 shares of the specialty chemicals company’s stock valued at $28,000 after buying an additional 174 shares during the period. Farther Finance Advisors LLC raised its position in shares of Sensient Technologies by 313.5% during the 4th quarter. Farther Finance Advisors LLC now owns 306 shares of the specialty chemicals company’s stock valued at $29,000 after buying an additional 232 shares during the period. State of Wyoming purchased a new stake in shares of Sensient Technologies during the 3rd quarter valued at approximately $32,000. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of Sensient Technologies during the 4th quarter valued at approximately $33,000. Finally, Advisors Asset Management Inc. raised its position in shares of Sensient Technologies by 53.1% during the 4th quarter. Advisors Asset Management Inc. now owns 401 shares of the specialty chemicals company’s stock valued at $38,000 after buying an additional 139 shares during the period. Hedge funds and other institutional investors own 90.86% 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.