Sensient Technologies Corporation $SXT Holdings Lifted by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio increased its position in shares of Sensient Technologies Corporation (NYSE:SXT) by 16.1% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 33,192 shares of the specialty chemicals company’s stock after acquiring an additional 4,615 shares during the period. Public Employees Retirement System of Ohio owned approximately 0.08% of Sensient Technologies worth $2,869,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Salomon & Ludwin LLC lifted its holdings in Sensient Technologies by 146.2% in the 4th quarter. Salomon & Ludwin LLC now owns 293 shares of the specialty chemicals company’s stock valued at $28,000 after acquiring an additional 174 shares during the last quarter. Farther Finance Advisors LLC grew its stake in shares of Sensient Technologies by 313.5% in the 4th quarter. Farther Finance Advisors LLC now owns 306 shares of the specialty chemicals company’s stock worth $29,000 after purchasing an additional 232 shares during the last quarter. Kohmann Bosshard Financial Services LLC acquired a new position in shares of Sensient Technologies in the 4th quarter worth approximately $33,000. Advisors Asset Management Inc. raised its holdings in shares of 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 in the last quarter. Finally, Kestra Advisory Services LLC bought a new stake in shares of Sensient Technologies in the 4th quarter worth approximately $44,000. 90.86% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on SXT. Robert W. Baird raised their target price on shares of Sensient Technologies from $125.00 to $140.00 and gave the stock an “outperform” rating in a report on Monday, July 27th. UBS Group upped 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. Zacks Research raised Sensient Technologies from a “hold” rating to a “strong-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 objective for the company. Finally, Weiss Ratings raised Sensient Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, July 2nd. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, Sensient Technologies currently has a consensus rating of “Buy” and an average target price of $140.00.

Insider Activity at Sensient Technologies

In related news, VP Thierry Hoang sold 400 shares of the firm’s stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $115.19, for a total value of $46,076.00. Following the completion of the transaction, the vice president owned 13,909 shares of the company’s stock, valued at approximately $1,602,177.71. This trade represents a 2.80% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 1.30% of the company’s stock.

Sensient Technologies Price Performance

NYSE SXT opened at $123.87 on Friday. 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 Corporation has a 1 year low of $82.60 and a 1 year high of $131.04. The company has a market cap of $5.27 billion, a PE ratio of 33.39 and a beta of 0.78. The stock’s 50-day moving average price is $117.76 and its two-hundred day moving average price is $105.25.

Sensient Technologies (NYSE:SXT) last announced its earnings results on Friday, July 24th. The specialty chemicals company reported $1.20 EPS for the quarter, topping the consensus estimate of $1.03 by $0.17. The company had revenue of $462.08 million during the quarter, compared to analysts’ expectations of $448.84 million. Sensient Technologies had a net margin of 9.27% and a return on equity of 13.77%. The business’s revenue for the quarter was up 11.6% on a year-over-year basis. During the same period 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, analysts predict that Sensient Technologies Corporation will post 4.2 EPS for the current year.

Sensient Technologies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Monday, August 3rd will be given a $0.41 dividend. This represents a $1.64 annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Monday, August 3rd. Sensient Technologies’s dividend payout ratio is 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.