Sensient Technologies (NYSE:SXT) Coverage Initiated at UBS Group

Investment analysts at UBS Group initiated coverage on shares of Sensient Technologies (NYSE:SXT) in a note issued to investors on Wednesday. The brokerage set a “buy” rating and a $115.00 price target on the specialty chemicals company’s stock. UBS Group’s price target would indicate a potential upside of 32.80% from the company’s previous close.

Several other analysts also recently weighed in on SXT. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Sensient Technologies in a report on Monday, December 29th. Zacks Research lowered Sensient Technologies from a “hold” rating to a “strong sell” rating in a report on Tuesday, February 17th. Two research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Sensient Technologies has an average rating of “Hold” and a consensus target price of $111.67.

Sensient Technologies Trading Down 0.7%

NYSE:SXT opened at $86.60 on Wednesday. The firm has a market cap of $3.68 billion, a P/E ratio of 27.40 and a beta of 0.55. The company has a current ratio of 4.10, a quick ratio of 1.53 and a debt-to-equity ratio of 0.59. The stock’s 50 day simple moving average is $93.02 and its 200-day simple moving average is $94.47. Sensient Technologies has a 12-month low of $67.79 and a 12-month high of $121.54.

Sensient Technologies (NYSE:SXT) last issued its quarterly earnings results 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). Sensient Technologies had a return on equity of 12.82% and a net margin of 8.34%.The company had revenue of $393.45 million for the quarter, compared to analyst estimates of $395.70 million. During the same period in the prior year, the business earned $0.70 earnings per share. Sensient Technologies’s revenue for the quarter 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. Equities analysts anticipate that Sensient Technologies will post 3.1 EPS for the current year.

Institutional Trading of Sensient Technologies

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Salomon & Ludwin LLC grew its position in Sensient Technologies by 146.2% during the fourth quarter. Salomon & Ludwin LLC now owns 293 shares of the specialty chemicals company’s stock worth $28,000 after buying an additional 174 shares during the period. Farther Finance Advisors LLC boosted its stake in shares of Sensient Technologies by 313.5% during the 4th quarter. Farther Finance Advisors LLC now owns 306 shares of the specialty chemicals company’s stock worth $29,000 after acquiring an additional 232 shares in the last quarter. State of Wyoming purchased a new stake in shares of Sensient Technologies during the 3rd quarter worth approximately $32,000. Kohmann Bosshard Financial Services LLC purchased a new position in Sensient Technologies in the 4th quarter valued at approximately $33,000. Finally, Advisors Asset Management Inc. increased its stake in Sensient Technologies by 53.1% in the 4th quarter. Advisors Asset Management Inc. now owns 401 shares of the specialty chemicals company’s stock valued at $38,000 after purchasing an additional 139 shares in the last quarter. Institutional investors and hedge funds own 90.86% of the company’s stock.

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.