Sensient Technologies (NYSE:SXT) VP Sells $46,076.00 in Stock

Sensient Technologies Corporation (NYSE:SXTGet Free Report) VP Thierry Hoang sold 400 shares of the stock in a transaction 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 sale, the vice president directly owned 13,909 shares of the company’s stock, valued at $1,602,177.71. The trade was a 2.80% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Thierry Hoang also recently made the following trade(s):

  • On Monday, May 4th, Thierry Hoang sold 439 shares of Sensient Technologies stock. The shares were sold at an average price of $114.15, for a total value of $50,111.85.

Sensient Technologies Trading Up 1.2%

NYSE SXT opened at $114.40 on Friday. The firm has a market capitalization of $4.87 billion, a P/E ratio of 33.74 and a beta of 0.81. The business has a fifty day simple moving average of $101.03 and a 200 day simple moving average of $97.18. Sensient Technologies Corporation has a 12 month low of $82.60 and a 12 month high of $129.35. The company has a current ratio of 5.01, a quick ratio of 1.97 and a debt-to-equity ratio of 0.63.

Sensient Technologies (NYSE:SXTGet Free Report) last announced its earnings results on Friday, April 24th. The specialty chemicals company reported $1.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.80 by $0.24. Sensient Technologies had a return on equity of 13.12% and a net margin of 8.71%.The firm had revenue of $435.83 million during the quarter, compared to analyst estimates of $411.39 million. During the same period last year, the firm posted $0.86 EPS. The business’s revenue was up 11.1% compared to the same quarter last year. Sensient Technologies has set its FY 2026 guidance at 3.700-3.90 EPS. On average, analysts predict that Sensient Technologies Corporation will post 3.9 EPS for the current fiscal year.

Sensient Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Stockholders 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 currently 48.38%.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on SXT. Weiss Ratings raised Sensient Technologies from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, April 24th. UBS Group raised their target price on Sensient Technologies from $115.00 to $143.00 and gave the company a “buy” rating in a research report on Tuesday, April 28th. Finally, Zacks Research raised Sensient Technologies from a “hold” rating to a “strong-buy” rating in a research report on Tuesday. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $121.00.

View Our Latest Analysis on SXT

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Salomon & Ludwin LLC grew its stake in shares of Sensient Technologies by 146.2% during the 4th quarter. Salomon & Ludwin LLC now owns 293 shares of the specialty chemicals company’s stock worth $28,000 after acquiring an additional 174 shares during the period. Farther Finance Advisors LLC grew its stake in shares of Sensient Technologies by 313.5% during the 4th quarter. Farther Finance Advisors LLC now owns 306 shares of the specialty chemicals company’s stock worth $29,000 after acquiring an additional 232 shares during the period. State of Wyoming bought a new position in shares of Sensient Technologies during the 3rd quarter worth $32,000. Kohmann Bosshard Financial Services LLC bought a new position in shares of Sensient Technologies during the 4th quarter worth $33,000. Finally, Advisors Asset Management Inc. grew its stake in shares of Sensient Technologies by 53.1% during the 4th quarter. Advisors Asset Management Inc. now owns 401 shares of the specialty chemicals company’s stock worth $38,000 after acquiring an additional 139 shares during the period. Institutional investors own 90.86% of the company’s stock.

Sensient Technologies Company Profile

(Get Free Report)

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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Insider Buying and Selling by Quarter for Sensient Technologies (NYSE:SXT)

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