Yost Capital Management LP Makes New $5.91 Million Investment in Sensient Technologies Corporation $SXT

Yost Capital Management LP acquired a new position in Sensient Technologies Corporation (NYSE:SXT) in the 2nd quarter, Holdings Channel reports. The firm acquired 60,000 shares of the specialty chemicals company’s stock, valued at approximately $5,911,000. Sensient Technologies comprises approximately 8.1% of Yost Capital Management LP’s holdings, making the stock its 6th biggest holding.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Bank of Montreal Can increased its holdings in Sensient Technologies by 1.3% in the 2nd quarter. Bank of Montreal Can now owns 8,418 shares of the specialty chemicals company’s stock valued at $829,000 after purchasing an additional 111 shares in the last quarter. Maryland State Retirement & Pension System lifted its stake in shares of Sensient Technologies by 0.9% during the second quarter. Maryland State Retirement & Pension System now owns 12,478 shares of the specialty chemicals company’s stock worth $1,229,000 after purchasing an additional 113 shares in the last quarter. Nisa Investment Advisors LLC boosted its position in shares of Sensient Technologies by 20.8% in the second quarter. Nisa Investment Advisors LLC now owns 899 shares of the specialty chemicals company’s stock worth $89,000 after buying an additional 155 shares during the period. State Board of Administration of Florida Retirement System grew its stake in shares of Sensient Technologies by 1.0% in the second quarter. State Board of Administration of Florida Retirement System now owns 16,708 shares of the specialty chemicals company’s stock valued at $1,646,000 after buying an additional 172 shares in the last quarter. Finally, New York State Teachers Retirement System raised its holdings in shares of Sensient Technologies by 0.4% during the 2nd quarter. New York State Teachers Retirement System now owns 56,165 shares of the specialty chemicals company’s stock valued at $5,533,000 after buying an additional 200 shares during the period. Institutional investors and hedge funds own 90.86% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “hold (c+)” rating on shares of Sensient Technologies in a report on Monday, December 1st. One analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, Sensient Technologies has a consensus rating of “Hold” and a consensus price target of $110.00.

Sensient Technologies Trading Down 2.3%

NYSE:SXT opened at $92.29 on Monday. The stock has a market cap of $3.92 billion, a price-to-earnings ratio of 28.22 and a beta of 0.58. Sensient Technologies Corporation has a one year low of $66.14 and a one year high of $121.54. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.79 and a current ratio of 4.59. The business’s 50-day simple moving average is $94.13 and its 200 day simple moving average is $101.59.

Sensient Technologies (NYSE:SXT) last posted its quarterly earnings data on Friday, October 31st. The specialty chemicals company reported $0.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.90 by $0.06. The company had revenue of $412.11 million for the quarter, compared to the consensus estimate of $407.45 million. Sensient Technologies had a return on equity of 12.91% and a net margin of 8.72%.Sensient Technologies’s revenue for the quarter was up 5.0% compared to the same quarter last year. During the same period in the previous year, the business earned $0.80 EPS. Sensient Technologies has set its FY 2025 guidance at 3.130-3.230 EPS. As a group, sell-side analysts predict that Sensient Technologies Corporation will post 3.1 earnings per share for the current fiscal year.

Sensient Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 1st. Shareholders of record on Monday, November 10th were paid a dividend of $0.41 per share. The ex-dividend date was Monday, November 10th. This represents a $1.64 annualized dividend and a yield of 1.8%. Sensient Technologies’s dividend payout ratio is presently 50.15%.

Insider Activity at Sensient Technologies

In other Sensient Technologies news, Director Essie Whitelaw sold 3,985 shares of the firm’s stock in a transaction dated Wednesday, December 3rd. The shares were sold at an average price of $95.02, for a total value of $378,654.70. Following the transaction, the director owned 17,128 shares of the company’s stock, valued at $1,627,502.56. This trade represents a 18.87% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, VP David J. Plautz acquired 2,150 shares of Sensient Technologies stock in a transaction that occurred on Tuesday, November 4th. The shares were bought at an average price of $92.98 per share, with a total value of $199,907.00. Following the transaction, the vice president directly owned 2,999 shares in the company, valued at approximately $278,847.02. This trade represents a 253.24% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Corporate insiders own 1.20% of the company’s stock.

Sensient Technologies Profile

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.