Sensient Technologies (NYSE:SXT) Updates FY 2025 Earnings Guidance

Sensient Technologies (NYSE:SXT) updated its FY 2025 earnings guidance on Friday. The company provided EPS guidance of 3.130-3.230 for the period, compared to the consensus EPS estimate of 3.460. The company issued revenue guidance of -.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “buy (b-)” rating on shares of Sensient Technologies in a report on Wednesday, October 8th. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $110.00.

Sensient Technologies Trading Up 5.1%

Sensient Technologies stock opened at $94.37 on Friday. The company has a 50 day moving average price of $100.58 and a 200 day moving average price of $100.60. Sensient Technologies has a 52 week low of $66.14 and a 52 week high of $121.54. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.78 and a current ratio of 4.25. The firm has a market capitalization of $4.01 billion, a price-to-earnings ratio of 29.77 and a beta of 0.56.

Sensient Technologies (NYSE:SXT) last posted its quarterly earnings data on Friday, October 31st. The specialty chemicals company reported $0.96 EPS for the quarter, topping analysts’ consensus estimates of $0.90 by $0.06. The firm had revenue of $412.11 million during the quarter, compared to analyst estimates of $407.45 million. Sensient Technologies had a net margin of 8.56% and a return on equity of 12.56%. The company’s revenue was up 5.0% on a year-over-year basis. During the same quarter last year, the business posted $0.80 EPS. Sensient Technologies has set its FY 2025 guidance at 3.130-3.230 EPS. Research analysts forecast that Sensient Technologies will post 3.1 EPS for the current year.

Sensient Technologies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, December 1st. Shareholders of record on Monday, November 10th will be paid a dividend of $0.41 per share. The ex-dividend date of this dividend is Monday, November 10th. This represents a $1.64 dividend on an annualized basis and a dividend yield of 1.7%. Sensient Technologies’s dividend payout ratio (DPR) is 51.74%.

Institutional Investors Weigh In On Sensient Technologies

A number of institutional investors have recently modified their holdings of SXT. Sei Investments Co. boosted its stake in shares of Sensient Technologies by 2,934.6% during the 2nd quarter. Sei Investments Co. now owns 134,859 shares of the specialty chemicals company’s stock valued at $13,286,000 after buying an additional 130,415 shares during the period. Bank of America Corp DE increased its holdings in Sensient Technologies by 47.0% in the second quarter. Bank of America Corp DE now owns 403,224 shares of the specialty chemicals company’s stock worth $39,726,000 after buying an additional 128,846 shares during the last quarter. Balyasny Asset Management L.P. acquired a new position in Sensient Technologies in the second quarter worth approximately $11,993,000. Raymond James Financial Inc. increased its holdings in Sensient Technologies by 100.3% in the second quarter. Raymond James Financial Inc. now owns 182,760 shares of the specialty chemicals company’s stock worth $18,006,000 after buying an additional 91,505 shares during the last quarter. Finally, Millennium Management LLC increased its holdings in Sensient Technologies by 112.1% in the first quarter. Millennium Management LLC now owns 115,042 shares of the specialty chemicals company’s stock worth $8,563,000 after buying an additional 60,807 shares during the last quarter. Institutional investors and hedge funds own 90.86% of the company’s stock.

About Sensient Technologies

Sensient Technologies Corporation, together with its subsidiaries, develops, manufactures, and markets colors, flavors, and other specialty ingredients in North America, Europe, Asia, Australia, South America, and Africa. The company offers flavor-delivery systems, and compounded and blended products; ingredient products, such as essential oils, natural and synthetic flavors, and natural extracts; and chili powder, paprika, and chili pepper, as well as dehydrated vegetables comprising parsley, celery, and spinach to the food, beverage, and personal care industries.