Paradigm Capital Management Inc. NY Purchases Shares of 83,075 Sensient Technologies Corporation $SXT

Paradigm Capital Management Inc. NY acquired a new position in shares of Sensient Technologies Corporation (NYSE:SXT) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 83,075 shares of the specialty chemicals company’s stock, valued at approximately $10,242,000. Paradigm Capital Management Inc. NY owned approximately 0.20% of Sensient Technologies as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Mountaineer Partners Management LLC bought a new stake in Sensient Technologies during the fourth quarter worth $11,001,000. California State Teachers Retirement System raised its position in Sensient Technologies by 26.4% in the 1st quarter. California State Teachers Retirement System now owns 43,777 shares of the specialty chemicals company’s stock valued at $3,784,000 after buying an additional 9,146 shares during the last quarter. Vaughan Nelson Investment Management L.P. bought a new position in Sensient Technologies during the 1st quarter valued at $77,955,000. Fox Run Management L.L.C. bought a new position in Sensient Technologies during the 4th quarter valued at $962,000. Finally, Yost Capital Management LP boosted its holdings in Sensient Technologies by 51.4% during the 4th quarter. Yost Capital Management LP now owns 130,700 shares of the specialty chemicals company’s stock worth $12,279,000 after acquiring an additional 44,400 shares during the last quarter. 90.86% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

SXT has been the subject of several recent analyst reports. UBS Group upped their target price on shares of Sensient Technologies from $143.00 to $155.00 and gave the stock a “buy” rating in a research note on Monday, July 27th. Weiss Ratings raised shares of Sensient Technologies from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday, August 6th. Rothschild & Co Redburn started coverage on shares of Sensient Technologies in a report on Wednesday, July 8th. They set a “neutral” rating and a $125.00 price target on the stock. Zacks Research raised shares of Sensient Technologies from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 27th. Finally, Robert W. Baird upped their price objective on shares of Sensient Technologies from $125.00 to $140.00 and gave the stock an “outperform” rating in a research report on Monday, July 27th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, Sensient Technologies presently has an average rating of “Buy” and a consensus target price of $140.00.

Sensient Technologies Price Performance

Shares of NYSE:SXT opened at $137.96 on Tuesday. The company has a market capitalization of $5.87 billion, a P/E ratio of 37.19 and a beta of 0.78. The company’s 50-day moving average is $122.41 and its 200 day moving average is $109.26. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.72 and a current ratio of 4.39. Sensient Technologies Corporation has a fifty-two week low of $82.60 and a fifty-two week high of $138.24.

Sensient Technologies (NYSE:SXT) last posted its quarterly earnings data on Friday, July 24th. The specialty chemicals company reported $1.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.03 by $0.17. The business had revenue of $462.08 million during the quarter, compared to the consensus estimate of $448.84 million. Sensient Technologies had a net margin of 9.27% and a return on equity of 13.77%. The firm’s quarterly revenue was up 11.6% compared to the same quarter last year. During the same quarter last year, the company posted $0.88 earnings per share. Sensient Technologies has set its FY 2026 guidance at 4.100-4.200 EPS. On average, equities research analysts forecast that Sensient Technologies Corporation will post 4.2 earnings per share for the current year.

Sensient Technologies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Monday, August 3rd will be issued a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Monday, August 3rd. Sensient Technologies’s payout ratio is 44.20%.

Insider Buying and Selling

In related news, Director Mario Ferruzzi sold 1,200 shares of the company’s stock in a transaction that occurred 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 in the company, valued at approximately $951,936.96. This represents a 14.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 1.30% 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.