Cramer Rosenthal Mcglynn LLC Sells 150,904 Shares of Sensient Technologies Corporation $SXT

Cramer Rosenthal Mcglynn LLC decreased its position in Sensient Technologies Corporation (NYSE:SXT) by 59.6% in the third quarter, Holdings Channel.com reports. The firm owned 102,337 shares of the specialty chemicals company’s stock after selling 150,904 shares during the quarter. Cramer Rosenthal Mcglynn LLC’s holdings in Sensient Technologies were worth $9,604,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the business. CW Advisors LLC grew its holdings in Sensient Technologies by 15.4% in the second quarter. CW Advisors LLC now owns 108,654 shares of the specialty chemicals company’s stock worth $10,705,000 after purchasing an additional 14,498 shares during the period. Y Intercept Hong Kong Ltd bought a new stake in shares of Sensient Technologies in the 3rd quarter worth approximately $5,497,000. Allworth Financial LP grew its stake in shares of Sensient Technologies by 38,785.2% in the 2nd quarter. Allworth Financial LP now owns 20,998 shares of the specialty chemicals company’s stock worth $2,069,000 after buying an additional 20,944 shares during the last quarter. Exchange Traded Concepts LLC bought a new position in Sensient Technologies during the 3rd quarter valued at approximately $671,000. Finally, Creative Planning increased its position in Sensient Technologies by 45.1% during the 2nd quarter. Creative Planning now owns 30,044 shares of the specialty chemicals company’s stock valued at $2,960,000 after buying an additional 9,335 shares in the last quarter. Institutional investors own 90.86% of the company’s stock.

Sensient Technologies Trading Down 2.8%

Sensient Technologies stock opened at $93.26 on Friday. Sensient Technologies Corporation has a one year low of $67.79 and a one year high of $121.54. The business’s fifty day moving average is $95.82 and its 200 day moving average is $97.79. The stock has a market capitalization of $3.96 billion, a PE ratio of 29.51 and a beta of 0.55. 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 announced its quarterly earnings results on Friday, February 13th. The specialty chemicals company reported $0.72 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.78 by ($0.06). Sensient Technologies had a net margin of 8.34% and a return on equity of 12.82%. The company had revenue of $393.45 million for the quarter, compared to analysts’ expectations of $395.70 million. During the same period in the previous year, the business earned $0.70 EPS. The business’s revenue was up 4.5% compared to the same quarter last year. Sensient Technologies has set its FY 2026 guidance at 3.600-3.800 EPS. On average, sell-side analysts predict that Sensient Technologies Corporation will post 3.1 EPS for the current year.

Sensient Technologies Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 2nd. Investors of record on Tuesday, February 3rd were issued a $0.41 dividend. The ex-dividend date of this dividend was Tuesday, February 3rd. This represents a $1.64 dividend on an annualized basis and a dividend yield of 1.8%. Sensient Technologies’s dividend payout ratio (DPR) is presently 51.90%.

Analyst Ratings Changes

Several equities research analysts have commented on SXT shares. Weiss Ratings reissued a “hold (c+)” rating on shares of Sensient Technologies in a report on Monday, December 29th. Zacks Research cut shares of 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. Based on data from MarketBeat.com, Sensient Technologies presently has a consensus rating of “Hold” and an average price target of $110.00.

Sensient Technologies Company Profile

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.