Owls Nest Partners IA LLC bought a new position in Sensient Technologies Corporation (NYSE:SXT – Free Report) during the 4th quarter, Holdings Channel reports. The fund bought 205,392 shares of the specialty chemicals company’s stock, valued at approximately $19,297,000. Sensient Technologies comprises 5.3% of Owls Nest Partners IA LLC’s holdings, making the stock its 8th largest position.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Salomon & Ludwin LLC boosted its holdings in Sensient Technologies by 146.2% during the fourth quarter. Salomon & Ludwin LLC now owns 293 shares of the specialty chemicals company’s stock valued at $28,000 after acquiring an additional 174 shares during the period. Farther Finance Advisors LLC lifted its position 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 purchasing an additional 232 shares during the last quarter. State of Wyoming bought a new stake in Sensient Technologies during the 3rd quarter valued at approximately $32,000. Kohmann Bosshard Financial Services LLC acquired a new stake in Sensient Technologies in the 4th quarter valued at approximately $33,000. Finally, Advisors Asset Management Inc. increased its position 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 worth $38,000 after buying an additional 139 shares during the period. Institutional investors and hedge funds own 90.86% of the company’s stock.
Insider Transactions at Sensient Technologies
In other Sensient Technologies news, VP Thierry Hoang sold 439 shares of the business’s stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $114.15, for a total value of $50,111.85. Following the transaction, the vice president directly owned 14,309 shares in the company, valued at $1,633,372.35. The trade was a 2.98% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.30% of the stock is owned by corporate insiders.
Sensient Technologies Price Performance
Sensient Technologies (NYSE:SXT – Get Free Report) last released its quarterly earnings data on Friday, April 24th. The specialty chemicals company reported $1.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.80 by $0.24. Sensient Technologies had a return on equity of 13.12% and a net margin of 8.71%.The firm had revenue of $435.83 million during the quarter, compared to analyst estimates of $411.39 million. During the same period in the prior year, the company posted $0.86 earnings per share. The business’s revenue for the quarter was up 11.1% compared to the same quarter last year. Sensient Technologies has set its FY 2026 guidance at 3.700-3.90 EPS. On average, 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 was paid on Monday, June 1st. Investors of record on Monday, May 11th were given a dividend of $0.41 per share. The ex-dividend date was Monday, May 11th. This represents a $1.64 dividend on an annualized basis and a dividend yield of 1.3%. Sensient Technologies’s dividend payout ratio (DPR) is 48.38%.
Analyst Ratings Changes
SXT has been the subject of a number of research analyst reports. UBS Group upped their price target on Sensient Technologies from $115.00 to $143.00 and gave the stock a “buy” rating in a report on Tuesday, April 28th. Zacks Research upgraded shares of Sensient Technologies from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 19th. Finally, Weiss Ratings raised shares of Sensient Technologies from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $134.00.
Read Our Latest Stock Report on Sensient Technologies
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.
Read More
- Five stocks we like better than Sensient Technologies
- 3 ETFs Giving Ready-Made Access to the Discounted International Small-Cap Space
- What to Expect From Q2 Earnings as Tech Strength Broadens
- Viasat’s Orbiting Profits: Space Force Jackpot?
- Robinhood Wants a Bigger Role in IPOs—Here’s Why It Matters
Want to see what other hedge funds are holding SXT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Sensient Technologies Corporation (NYSE:SXT – Free Report).
Receive News & Ratings for Sensient Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sensient Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
