Thornburg Investment Management Inc. Sells 12,430 Shares of Sensient Technologies Corporation $SXT

Thornburg Investment Management Inc. reduced its stake in shares of Sensient Technologies Corporation (NYSE:SXT) by 8.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 131,856 shares of the specialty chemicals company’s stock after selling 12,430 shares during the period. Thornburg Investment Management Inc.’s holdings in Sensient Technologies were worth $12,375,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the stock. State of Wyoming bought a new position in shares of Sensient Technologies in the 3rd quarter valued at approximately $32,000. EverSource Wealth Advisors LLC boosted its position 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 grew its holdings in Sensient Technologies by 19.3% during the third quarter. GAMMA Investing LLC now owns 878 shares of the specialty chemicals company’s stock valued at $82,000 after purchasing an additional 142 shares during the last quarter. Nisa Investment Advisors LLC raised 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 valued at $89,000 after purchasing an additional 155 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.

Insiders Place Their Bets

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

Analyst Upgrades and Downgrades

SXT has been the subject of several recent analyst reports. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Sensient Technologies in a report on Monday, December 29th. Zacks Research lowered shares of Sensient Technologies from a “hold” rating to a “strong sell” rating in a research report on Tuesday, February 17th. One analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $110.00.

Sensient Technologies Trading Up 1.8%

Shares of SXT opened at $96.95 on Thursday. The stock’s 50-day moving average price is $95.66 and its 200 day moving average price is $98.49. The company has a quick ratio of 1.53, a current ratio of 4.10 and a debt-to-equity ratio of 0.59. The firm has a market capitalization of $4.12 billion, a price-to-earnings ratio of 30.68 and a beta of 0.58. Sensient Technologies Corporation has a 12-month low of $67.79 and a 12-month high of $121.54.

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

Sensient Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Tuesday, February 3rd will be given a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a dividend yield of 1.7%. The ex-dividend date is Tuesday, February 3rd. Sensient Technologies’s payout ratio is 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.