Public Employees Retirement System of Ohio Takes $3.23 Million Position in Sensient Technologies Corporation $SXT

Public Employees Retirement System of Ohio purchased a new position in Sensient Technologies Corporation (NYSE:SXT) during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 26,157 shares of the specialty chemicals company’s stock, valued at approximately $3,225,000. Public Employees Retirement System of Ohio owned approximately 0.06% of Sensient Technologies at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. MML Investors Services LLC lifted its stake in Sensient Technologies by 3.9% during the fourth quarter. MML Investors Services LLC now owns 3,146 shares of the specialty chemicals company’s stock valued at $296,000 after buying an additional 119 shares in the last quarter. Oregon Public Employees Retirement Fund boosted its stake in Sensient Technologies by 1.4% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 9,675 shares of the specialty chemicals company’s stock worth $909,000 after purchasing an additional 130 shares during the period. Advisors Asset Management Inc. boosted its stake in Sensient Technologies by 53.1% in the 4th quarter. Advisors Asset Management Inc. now owns 401 shares of the specialty chemicals company’s stock worth $38,000 after purchasing an additional 139 shares during the period. Covestor Ltd grew its position in Sensient Technologies by 31.7% during the 4th quarter. Covestor Ltd now owns 594 shares of the specialty chemicals company’s stock worth $56,000 after purchasing an additional 143 shares in the last quarter. Finally, Evergreen Capital Management LLC grew its position in Sensient Technologies by 3.4% during the 2nd quarter. Evergreen Capital Management LLC now owns 4,500 shares of the specialty chemicals company’s stock worth $443,000 after purchasing an additional 146 shares in the last quarter. Institutional investors and hedge funds own 90.86% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the company. Robert W. Baird increased their target price on Sensient Technologies from $125.00 to $140.00 and gave the company an “outperform” rating in a report on Monday, July 27th. UBS Group lifted their price target on Sensient Technologies from $143.00 to $155.00 and gave the company a “buy” rating in a report on Monday, July 27th. Rothschild & Co Redburn assumed coverage on Sensient Technologies in a research report on Wednesday, July 8th. They set a “neutral” rating and a $125.00 price target on the stock. Zacks Research upgraded Sensient Technologies from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 27th. Finally, Weiss Ratings cut Sensient Technologies from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday, August 26th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of $140.00.

Sensient Technologies Price Performance

Shares of Sensient Technologies stock opened at $135.27 on Friday. The firm has a fifty day simple moving average of $125.82 and a 200-day simple moving average of $111.55. Sensient Technologies Corporation has a 1-year low of $82.60 and a 1-year high of $138.82. The stock has a market capitalization of $5.76 billion, a price-to-earnings ratio of 36.46 and a beta of 0.80. The company has a current ratio of 4.39, a quick ratio of 1.72 and a debt-to-equity ratio of 0.61.

Sensient Technologies (NYSE:SXT) last released 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 return on equity of 13.77% and a net margin of 9.27%.The firm had revenue of $462.08 million for the quarter, compared to analyst estimates of $448.84 million. During the same quarter last year, the firm posted $0.88 EPS. The company’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. On average, sell-side analysts expect that Sensient Technologies Corporation will post 4.2 earnings per share for the current 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 given a dividend of $0.41 per share. The ex-dividend date of this dividend was Monday, August 3rd. This represents a $1.64 dividend on an annualized basis and a yield of 1.2%. Sensient Technologies’s dividend payout ratio (DPR) is 44.20%.

Insider Transactions at Sensient Technologies

In related news, Director Mario Ferruzzi sold 1,200 shares of the business’s stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $129.48, for a total transaction of $155,376.00. Following the transaction, the director directly owned 7,352 shares in the company, valued at $951,936.96. The trade was a 14.03% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 1.30% of the stock is owned by corporate insiders.

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.