Future Fund LLC Grows Position in Sensient Technologies Corporation $SXT

Future Fund LLC raised its stake in shares of Sensient Technologies Corporation (NYSE:SXT) by 27.5% in the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 28,426 shares of the specialty chemicals company’s stock after purchasing an additional 6,130 shares during the period. Future Fund LLC’s holdings in Sensient Technologies were worth $2,457,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the stock. Royal Bank of Canada increased its position in Sensient Technologies by 19.3% in the first quarter. Royal Bank of Canada now owns 4,952 shares of the specialty chemicals company’s stock worth $369,000 after buying an additional 802 shares in the last quarter. AQR Capital Management LLC lifted its position in shares of Sensient Technologies by 103.2% during the 1st quarter. AQR Capital Management LLC now owns 8,852 shares of the specialty chemicals company’s stock valued at $647,000 after buying an additional 4,496 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Sensient Technologies by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 25,091 shares of the specialty chemicals company’s stock valued at $1,868,000 after acquiring an additional 1,107 shares during the period. Millennium Management LLC grew its stake in shares of Sensient Technologies by 112.1% during the 1st quarter. Millennium Management LLC now owns 115,042 shares of the specialty chemicals company’s stock valued at $8,563,000 after acquiring an additional 60,807 shares during the period. Finally, United Services Automobile Association bought a new position in shares of Sensient Technologies during the 1st quarter valued at approximately $201,000. Institutional investors own 90.86% of the company’s stock.

Sensient Technologies Price Performance

Shares of Sensient Technologies stock opened at $108.74 on Friday. The company has a market capitalization of $4.63 billion, a price-to-earnings ratio of 32.08 and a beta of 0.78. The company has a quick ratio of 1.97, a current ratio of 5.01 and a debt-to-equity ratio of 0.63. The stock’s 50-day simple moving average is $116.84 and its 200-day simple moving average is $103.52. Sensient Technologies Corporation has a 52 week low of $82.60 and a 52 week high of $129.35.

Sensient Technologies (NYSE:SXT) last released its earnings results 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. The firm had revenue of $435.83 million during the quarter, compared to analysts’ expectations of $411.39 million. Sensient Technologies had a return on equity of 13.12% and a net margin of 8.71%.The firm’s revenue was up 11.1% on a year-over-year basis. During the same quarter last year, the business posted $0.86 earnings per share. 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 Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Monday, May 11th were paid a $0.41 dividend. This represents a $1.64 annualized dividend and a yield of 1.5%. The ex-dividend date was Monday, May 11th. Sensient Technologies’s dividend payout ratio is presently 48.38%.

Insider Transactions at Sensient Technologies

In other Sensient Technologies news, VP Thierry Hoang sold 400 shares of the stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $115.19, for a total transaction of $46,076.00. Following the completion of the sale, the vice president directly owned 13,909 shares of the company’s stock, valued at $1,602,177.71. This trade represents a 2.80% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 1.30% of the stock is currently owned by company insiders.

Analyst Ratings Changes

SXT has been the topic of a number of recent analyst reports. Rothschild & Co Redburn initiated coverage on shares of Sensient Technologies in a research note on Wednesday, July 8th. They set a “neutral” rating and a $125.00 target price on the stock. Weiss Ratings upgraded shares of Sensient Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, July 2nd. UBS Group reiterated a “buy” rating on shares of Sensient Technologies in a research report on Monday, June 22nd. Finally, Zacks Research cut shares of Sensient Technologies from a “strong-buy” rating to a “hold” rating in a research note on Friday, June 26th. Two analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $134.00.

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.