Vanguard Group Inc. Sells 8,627 Shares of Sensient Technologies Corporation $SXT

Vanguard Group Inc. decreased its position in shares of Sensient Technologies Corporation (NYSE:SXT) by 0.2% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 4,954,131 shares of the specialty chemicals company’s stock after selling 8,627 shares during the period. Vanguard Group Inc. owned about 11.66% of Sensient Technologies worth $465,441,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in SXT. Salomon & Ludwin LLC boosted its position in shares of Sensient Technologies by 146.2% during the fourth quarter. Salomon & Ludwin LLC now owns 293 shares of the specialty chemicals company’s stock valued at $28,000 after purchasing an additional 174 shares in the last quarter. Farther Finance Advisors LLC lifted its position in Sensient Technologies by 313.5% during the fourth 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 position in Sensient Technologies during the third quarter valued at $32,000. EverSource Wealth Advisors LLC boosted its holdings in shares of Sensient Technologies by 181.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 475 shares of the specialty chemicals company’s stock valued at $47,000 after buying an additional 306 shares in the last quarter. Finally, Danske Bank A S purchased a new stake in shares of Sensient Technologies in the 3rd quarter worth about $47,000. Institutional investors own 90.86% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on SXT. Zacks Research raised shares of Sensient Technologies from a “strong sell” rating to a “hold” rating in a research report on Monday, April 20th. Weiss Ratings upgraded shares of Sensient Technologies from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, April 24th. Finally, UBS Group upped their price target on Sensient Technologies from $115.00 to $143.00 and gave the stock a “buy” rating in a research note on Tuesday, April 28th. Two analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $121.00.

Sensient Technologies Stock Performance

Shares of Sensient Technologies stock opened at $115.73 on Wednesday. Sensient Technologies Corporation has a 1 year low of $82.60 and a 1 year high of $129.35. The firm’s 50-day moving average is $95.66 and its 200 day moving average is $95.26. The stock has a market cap of $4.92 billion, a price-to-earnings ratio of 34.14 and a beta of 0.81. The company has a debt-to-equity ratio of 0.63, a current ratio of 5.01 and a quick ratio of 1.97.

Sensient Technologies (NYSE:SXT) last released its quarterly earnings data on Friday, April 24th. The specialty chemicals company reported $1.04 earnings per share for the quarter, beating analysts’ consensus estimates of $0.80 by $0.24. The business had revenue of $435.83 million during the quarter, compared to analyst estimates of $411.39 million. Sensient Technologies had a net margin of 8.71% and a return on equity of 13.12%. Sensient Technologies’s revenue was up 11.1% compared to the same quarter last year. During the same period last year, the business earned $0.86 EPS. Sensient Technologies has set its FY 2026 guidance at 3.700-3.90 EPS. 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 declared a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Monday, May 11th will be given a dividend of $0.41 per share. The ex-dividend date of this dividend is Monday, May 11th. This represents a $1.64 annualized dividend and a dividend yield of 1.4%. Sensient Technologies’s dividend payout ratio (DPR) is 48.38%.

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.