Strs Ohio Sells 6,000 Shares of Sensient Technologies Corporation $SXT

Strs Ohio lowered its holdings in Sensient Technologies Corporation (NYSE:SXT) by 75.9% during the 4th quarter, HoldingsChannel.com reports. The firm owned 1,900 shares of the specialty chemicals company’s stock after selling 6,000 shares during the quarter. Strs Ohio’s holdings in Sensient Technologies were worth $179,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Nisa Investment Advisors LLC raised its position in shares of Sensient Technologies by 15.9% in the third quarter. Nisa Investment Advisors LLC now owns 1,042 shares of the specialty chemicals company’s stock valued at $98,000 after purchasing an additional 143 shares during the period. Evergreen Capital Management LLC raised its position in shares of Sensient Technologies by 3.4% in the second quarter. Evergreen Capital Management LLC now owns 4,500 shares of the specialty chemicals company’s stock valued at $443,000 after purchasing an additional 146 shares during the period. Arizona State Retirement System raised its position in shares of Sensient Technologies by 1.4% in the third quarter. Arizona State Retirement System now owns 10,679 shares of the specialty chemicals company’s stock valued at $1,002,000 after purchasing an additional 151 shares during the period. Salomon & Ludwin LLC raised its position in shares of Sensient Technologies by 146.2% in the fourth quarter. Salomon & Ludwin LLC now owns 293 shares of the specialty chemicals company’s stock valued at $28,000 after purchasing an additional 174 shares during the period. Finally, Smartleaf Asset Management LLC raised its position in shares of Sensient Technologies by 16.7% in the second quarter. Smartleaf Asset Management LLC now owns 1,291 shares of the specialty chemicals company’s stock valued at $127,000 after purchasing an additional 185 shares during the period. Institutional investors own 90.86% of the company’s stock.

Sensient Technologies Stock Performance

Sensient Technologies stock opened at $116.97 on Tuesday. The firm’s 50 day simple moving average is $97.45 and its 200 day simple moving average is $95.88. The company has a current ratio of 5.01, a quick ratio of 1.97 and a debt-to-equity ratio of 0.63. The firm has a market capitalization of $4.98 billion, a PE ratio of 34.50 and a beta of 0.81. Sensient Technologies Corporation has a 1-year low of $82.60 and a 1-year high of $129.35.

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

Sensient Technologies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Monday, May 11th will be issued a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend is Monday, May 11th. Sensient Technologies’s dividend payout ratio is 48.38%.

Wall Street Analysts Forecast Growth

SXT has been the topic of several research reports. Zacks Research raised shares of Sensient Technologies from a “strong sell” rating to a “hold” rating in a research report on Monday, April 20th. UBS Group boosted their price target on shares of Sensient Technologies from $115.00 to $143.00 and gave the company a “buy” rating in a research report on Tuesday, April 28th. Finally, Weiss Ratings raised shares of Sensient Technologies from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, April 24th. Two equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $121.00.

Insiders Place Their Bets

In related news, VP Thierry Hoang sold 439 shares of the company’s stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $114.15, for a total transaction of $50,111.85. Following the sale, the vice president owned 14,309 shares of the company’s stock, valued at approximately $1,633,372.35. This represents a 2.98% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 1.30% of the company’s stock.

Sensient Technologies 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.