JPMorgan Chase & Co. Raises Stock Position in Sensient Technologies Corporation $SXT

JPMorgan Chase & Co. increased its position in shares of Sensient Technologies Corporation (NYSE:SXT) by 47.5% in the 3rd quarter, HoldingsChannel reports. The fund owned 98,683 shares of the specialty chemicals company’s stock after acquiring an additional 31,777 shares during the period. JPMorgan Chase & Co.’s holdings in Sensient Technologies were worth $9,261,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. State of Wyoming purchased a new position in Sensient Technologies in the third quarter worth $32,000. EverSource Wealth Advisors LLC lifted its holdings in shares of Sensient Technologies by 181.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 475 shares of the specialty chemicals company’s stock valued at $47,000 after purchasing an additional 306 shares during the last quarter. GAMMA Investing LLC boosted its position in shares of Sensient Technologies by 19.3% in the 3rd quarter. GAMMA Investing LLC now owns 878 shares of the specialty chemicals company’s stock worth $82,000 after purchasing an additional 142 shares in the last quarter. Nisa Investment Advisors LLC grew its stake in Sensient Technologies by 15.9% during the 3rd quarter. Nisa Investment Advisors LLC now owns 1,042 shares of the specialty chemicals company’s stock worth $98,000 after buying an additional 143 shares during the last quarter. Finally, Smartleaf Asset Management LLC grew its stake in Sensient Technologies by 16.7% during the 2nd quarter. Smartleaf Asset Management LLC now owns 1,291 shares of the specialty chemicals company’s stock worth $127,000 after buying an additional 185 shares during the last quarter. 90.86% of the stock is currently owned by institutional investors and hedge funds.

Sensient Technologies Price Performance

NYSE:SXT opened at $91.59 on Friday. The firm’s fifty day moving average is $95.72 and its two-hundred day moving average is $97.62. The firm has a market cap of $3.89 billion, a price-to-earnings ratio of 28.98 and a beta of 0.55. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.53 and a current ratio of 4.10. Sensient Technologies Corporation has a one year low of $67.79 and a one year high of $121.54.

Sensient Technologies (NYSE:SXT) last announced its 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). The business had revenue of $393.45 million for the quarter, compared to analysts’ expectations of $395.70 million. Sensient Technologies had a net margin of 8.34% and a return on equity of 12.82%. The company’s quarterly revenue was up 4.5% on a year-over-year basis. During the same quarter last year, the business earned $0.70 EPS. Sensient Technologies has set its FY 2026 guidance at 3.600-3.800 EPS. Research analysts expect that Sensient Technologies Corporation will post 3.1 EPS for the current year.

Sensient Technologies Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 2nd. Stockholders of record on Tuesday, February 3rd were given a $0.41 dividend. The ex-dividend date was Tuesday, February 3rd. This represents a $1.64 annualized dividend and a dividend yield of 1.8%. Sensient Technologies’s dividend payout ratio (DPR) is 51.90%.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on SXT shares. Weiss Ratings reiterated 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 research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Sensient Technologies currently has an average rating of “Hold” and a consensus target price 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.