Sensient Technologies Corporation $SXT Shares Acquired by Squarepoint Ops LLC

Squarepoint Ops LLC increased its holdings in shares of Sensient Technologies Corporation (NYSE:SXT) by 32.9% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 109,059 shares of the specialty chemicals company’s stock after purchasing an additional 26,996 shares during the quarter. Squarepoint Ops LLC’s holdings in Sensient Technologies were worth $13,446,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of SXT. Royal Bank of Canada boosted its stake in Sensient Technologies by 19.3% during the first quarter. Royal Bank of Canada now owns 4,952 shares of the specialty chemicals company’s stock worth $369,000 after buying an additional 802 shares during the period. AQR Capital Management LLC increased its position in shares of Sensient Technologies by 103.2% during the first quarter. AQR Capital Management LLC now owns 8,852 shares of the specialty chemicals company’s stock valued at $647,000 after acquiring an additional 4,496 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Sensient Technologies by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 25,091 shares of the specialty chemicals company’s stock valued at $1,868,000 after acquiring an additional 1,107 shares during the period. Millennium Management LLC raised its stake in shares of Sensient Technologies by 112.1% in the 1st quarter. Millennium Management LLC now owns 115,042 shares of the specialty chemicals company’s stock valued at $8,563,000 after acquiring an additional 60,807 shares during the period. Finally, United Services Automobile Association acquired a new position in shares of Sensient Technologies in the 1st quarter worth approximately $201,000. 90.86% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms recently weighed in on SXT. Weiss Ratings downgraded shares of Sensient Technologies from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday, August 26th. UBS Group raised their price target on Sensient Technologies from $143.00 to $155.00 and gave the stock a “buy” rating in a research report on Monday, July 27th. Zacks Research raised Sensient Technologies from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 27th. Rothschild & Co Redburn started coverage on Sensient Technologies in a report on Wednesday, July 8th. They issued a “neutral” rating and a $125.00 price objective on the stock. Finally, Robert W. Baird lifted their target price on Sensient Technologies from $125.00 to $140.00 and gave the company an “outperform” rating in a research report on Monday, July 27th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $140.00.

Insider Activity at Sensient Technologies

In related news, Director Mario Ferruzzi sold 1,200 shares of the stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $129.48, for a total value of $155,376.00. Following the transaction, the director owned 7,352 shares of the company’s stock, valued at $951,936.96. This represents a 14.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders own 1.30% of the company’s stock.

Sensient Technologies Price Performance

SXT stock opened at $133.10 on Thursday. The business’s 50-day moving average is $126.57 and its two-hundred day moving average is $112.57. The company has a debt-to-equity ratio of 0.61, a current ratio of 4.39 and a quick ratio of 1.72. The firm has a market capitalization of $5.66 billion, a P/E ratio of 35.88 and a beta of 0.80. Sensient Technologies Corporation has a 1 year low of $82.60 and a 1 year high of $138.82.

Sensient Technologies (NYSE:SXT) last issued its earnings results on Friday, July 24th. The specialty chemicals company reported $1.20 earnings per share for the quarter, beating the consensus estimate 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 for the quarter, compared to analysts’ expectations of $448.84 million. During the same quarter last year, the company earned $0.88 earnings per share. The firm’s revenue was up 11.6% compared to the same quarter last year. Sensient Technologies has set its FY 2026 guidance at 4.100-4.200 EPS. Analysts anticipate that Sensient Technologies Corporation will post 4.2 earnings per share for the current fiscal year.

Sensient Technologies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Monday, August 3rd were paid a dividend of $0.41 per share. The ex-dividend date was Monday, August 3rd. This represents a $1.64 dividend on an annualized basis and a dividend yield of 1.2%. Sensient Technologies’s payout ratio is presently 44.20%.

About Sensient Technologies

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.