Intech Investment Management LLC decreased its position in Sensient Technologies Corporation (NYSE:SXT – Free Report) by 18.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,843 shares of the specialty chemicals company’s stock after selling 5,022 shares during the period. Intech Investment Management LLC’s holdings in Sensient Technologies were worth $2,146,000 at the end of the most recent reporting period.
Other hedge funds also recently bought and sold shares of the company. Salomon & Ludwin LLC boosted its stake in Sensient Technologies by 146.2% in the 4th quarter. Salomon & Ludwin LLC now owns 293 shares of the specialty chemicals company’s stock worth $28,000 after purchasing an additional 174 shares in the last quarter. Farther Finance Advisors LLC boosted its stake in 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 in the last quarter. State of Wyoming bought a new position in Sensient Technologies in the 3rd quarter worth about $32,000. Kohmann Bosshard Financial Services LLC bought a new position in Sensient Technologies in the 4th quarter worth about $33,000. Finally, EverSource Wealth Advisors LLC boosted its stake in Sensient Technologies by 181.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 475 shares of the specialty chemicals company’s stock worth $47,000 after purchasing an additional 306 shares in the last quarter. Institutional investors own 90.86% of the company’s stock.
Insider Activity at Sensient Technologies
In other news, VP Thierry Hoang sold 400 shares of the company’s stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $115.19, for a total transaction of $46,076.00. Following the completion of the sale, the vice president owned 13,909 shares of the company’s stock, valued at $1,602,177.71. This represents a 2.80% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.30% of the stock is owned by insiders.
Wall Street Analyst Weigh In
Check Out Our Latest Stock Analysis on Sensient Technologies
Sensient Technologies Price Performance
Shares of NYSE:SXT opened at $112.68 on Thursday. Sensient Technologies Corporation has a fifty-two week low of $82.60 and a fifty-two week high of $129.35. The business has a 50-day simple moving average of $105.42 and a two-hundred day simple moving average of $98.40. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.97 and a current ratio of 5.01. The firm has a market cap of $4.80 billion, a price-to-earnings ratio of 33.24 and a beta of 0.80.
Sensient Technologies (NYSE:SXT – Get Free Report) last issued its earnings results on Friday, April 24th. The specialty chemicals company reported $1.04 earnings per share for the quarter, topping analysts’ consensus estimates of $0.80 by $0.24. Sensient Technologies had a return on equity of 13.12% and a net margin of 8.71%.The business had revenue of $435.83 million during the quarter, compared to analyst estimates of $411.39 million. During the same quarter in the previous year, the firm earned $0.86 EPS. Sensient Technologies’s revenue was up 11.1% on a year-over-year basis. Sensient Technologies has set its FY 2026 guidance at 3.700-3.90 EPS. On average, analysts expect that Sensient Technologies Corporation will post 3.9 earnings per share for the current year.
Sensient Technologies Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Monday, May 11th were given a $0.41 dividend. The ex-dividend date of this dividend was Monday, May 11th. This represents a $1.64 dividend on an annualized basis and a yield of 1.5%. Sensient Technologies’s payout ratio 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.
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