Vestmark Advisory Solutions Inc. Has $251,000 Stake in Sensient Technologies Corporation $SXT

Vestmark Advisory Solutions Inc. lowered its holdings in shares of Sensient Technologies Corporation (NYSE:SXT) by 80.1% during the third quarter, Holdings Channel reports. The institutional investor owned 2,677 shares of the specialty chemicals company’s stock after selling 10,795 shares during the quarter. Vestmark Advisory Solutions Inc.’s holdings in Sensient Technologies were worth $251,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. State of Wyoming bought a new position in shares of Sensient Technologies during the 3rd quarter worth about $32,000. EverSource Wealth Advisors LLC lifted its stake in Sensient Technologies by 181.1% during the second 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 during the period. GAMMA Investing LLC lifted its stake in Sensient Technologies by 19.3% during the third quarter. GAMMA Investing LLC now owns 878 shares of the specialty chemicals company’s stock worth $82,000 after purchasing an additional 142 shares during the period. Nisa Investment Advisors LLC boosted its holdings in Sensient Technologies by 20.8% during the second quarter. Nisa Investment Advisors LLC now owns 899 shares of the specialty chemicals company’s stock valued at $89,000 after purchasing an additional 155 shares in the last quarter. Finally, Strs Ohio bought a new stake in shares of Sensient Technologies in the 1st quarter valued at approximately $119,000. Institutional investors own 90.86% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently commented on SXT. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Sensient Technologies in a research note on Monday, December 29th. Zacks Research lowered Sensient Technologies from a “hold” rating to a “strong sell” rating in a research note on Tuesday, February 17th. One investment analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Sensient Technologies has a consensus rating of “Hold” and a consensus target price of $110.00.

Insiders Place Their Bets

In other news, Director Essie Whitelaw sold 3,985 shares of the company’s stock in a transaction that occurred on Wednesday, December 3rd. The shares were sold at an average price of $95.02, for a total transaction of $378,654.70. Following the transaction, the director directly owned 17,128 shares in the company, valued at approximately $1,627,502.56. This represents a 18.87% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 1.20% of the company’s stock.

Sensient Technologies Stock Up 3.8%

NYSE SXT opened at $101.63 on Friday. The stock’s 50 day simple moving average is $95.78 and its 200 day simple moving average is $98.25. Sensient Technologies Corporation has a one year low of $67.79 and a one year high of $121.54. The firm has a market cap of $4.32 billion, a PE ratio of 32.16 and a beta of 0.58. The company has a debt-to-equity ratio of 0.59, a current ratio of 4.10 and a quick ratio of 1.53.

Sensient Technologies (NYSE:SXT) last issued its quarterly earnings data on Friday, February 13th. The specialty chemicals company reported $0.72 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.78 by ($0.06). The business had revenue of $393.45 million during the quarter, compared to the consensus estimate of $395.70 million. Sensient Technologies had a net margin of 8.34% and a return on equity of 12.82%. The company’s revenue for the quarter was up 4.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.70 EPS. Sensient Technologies has set its FY 2026 guidance at 3.600-3.800 EPS. As a group, sell-side analysts forecast that Sensient Technologies Corporation will post 3.1 earnings per share for the current fiscal year.

Sensient Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 2nd. Shareholders of record on Tuesday, February 3rd will be issued a dividend of $0.41 per share. The ex-dividend date of this dividend is Tuesday, February 3rd. This represents a $1.64 dividend on an annualized basis and a yield of 1.6%. Sensient Technologies’s dividend payout ratio is currently 51.90%.

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.