UBS Group Issues Positive Forecast for Sensient Technologies (NYSE:SXT) Stock Price

Key Points

• UBS Group raised Sensient Technologies’ price target from $155 to $157 and reiterated a “buy” rating, implying 19.38% upside from the prior close. Analysts overall assign the stock a “Moderate Buy” consensus rating with a $140.67 average target.
• Sensient shares rose 2.2% to $131.51, while the company’s latest quarterly results exceeded expectations: EPS was $1.20 versus the $1.03 consensus, and revenue increased 11.6% year over year to $462.08 million.
• Institutional investors own 90.86% of the company, with several funds recently initiating or increasing positions. A company director, however, sold 1,200 shares worth approximately $155,376.

Sensient Technologies (NYSE:SXT - Get Free Report) had its target price increased by stock analysts at UBS Group from $155.00 to $157.00 in a note issued to investors on Wednesday, Benzinga reports. The brokerage currently has a "buy" rating on the specialty chemicals company's stock. UBS Group's price target would indicate a potential upside of 19.38% from the stock's previous close.

A number of other analysts have also recently weighed in on the stock. Weiss Ratings raised shares of Sensient Technologies from a "buy (b-)" rating to a "buy (b)" rating in a report on Friday, September 11th. Rothschild & Co Redburn began coverage on shares of Sensient Technologies in a research report on Wednesday, July 8th. They set a "neutral" rating and a $125.00 price objective for the company. Zacks Research lowered shares of Sensient Technologies from a "strong-buy" rating to a "hold" rating in a research note on Friday, September 25th. Finally, Robert W. Baird increased their price objective on shares of Sensient Technologies from $125.00 to $140.00 and gave the stock an "outperform" rating in a research note on Monday, July 27th. Three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $140.67.

Sensient Technologies Stock Up 2.2%

NYSE SXT traded up $2.79 on Wednesday, hitting $131.51. 247,172 shares of the stock traded hands, compared to its average volume of 398,429. The company has a current ratio of 4.39, a quick ratio of 1.72 and a debt-to-equity ratio of 0.61. The stock has a 50-day moving average of $130.03 and a 200 day moving average of $115.94. Sensient Technologies has a twelve month low of $82.60 and a twelve month high of $138.82. The company has a market capitalization of $5.60 billion, a P/E ratio of 35.45 and a beta of 0.80.

Sensient Technologies (NYSE:SXT - Get Free Report) last issued its earnings results on Friday, July 24th. The specialty chemicals company reported $1.20 EPS for the quarter, topping the consensus estimate of $1.03 by $0.17. The company had revenue of $462.08 million during the quarter, compared to analyst estimates of $448.84 million. Sensient Technologies had a return on equity of 13.77% and a net margin of 9.27%.The business's revenue was up 11.6% on a year-over-year basis. During the same quarter last year, the firm earned $0.88 EPS. Sensient Technologies has set its FY 2026 guidance at 4.100-4.200 EPS. As a group, analysts expect that Sensient Technologies will post 4.2 earnings per share for the current fiscal year.

Insider Activity

In other news, Director Mario Ferruzzi sold 1,200 shares of the company's stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $129.48, for a total transaction of $155,376.00. Following the completion of the transaction, the director owned 7,352 shares in the company, valued at approximately $951,936.96. This represents a 14.03% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 1.30% of the company's stock.

Institutional Trading of Sensient Technologies

Several hedge funds have recently bought and sold shares of the company. Reynders McVeigh Capital Management LLC bought a new stake in Sensient Technologies during the 2nd quarter valued at $10,668,000. Mountaineer Partners Management LLC bought a new position in shares of Sensient Technologies in the fourth quarter worth $11,001,000. California State Teachers Retirement System grew its stake in shares of Sensient Technologies by 26.4% in the first quarter. California State Teachers Retirement System now owns 43,777 shares of the specialty chemicals company's stock worth $3,784,000 after purchasing an additional 9,146 shares in the last quarter. Squarepoint Ops LLC increased its holdings in shares of Sensient Technologies by 32.9% during the second quarter. Squarepoint Ops LLC now owns 109,059 shares of the specialty chemicals company's stock valued at $13,446,000 after purchasing an additional 26,996 shares during the period. Finally, Vaughan Nelson Investment Management L.P. acquired a new position in shares of Sensient Technologies during the first quarter valued at $77,955,000. 90.86% of the stock is currently owned by institutional investors.

Sensient Technologies Company Profile

Sensient Technologies Corporation NYSE: SXT is a global manufacturer and marketer of colors, flavors, and fragrances. The company develops specialized ingredients and formulations used by food and beverage producers, pharmaceutical companies, personal care and cosmetics manufacturers, and other industrial customers.

Sensient's product portfolio includes natural and synthetic color systems, flavoring extracts, sweeteners, seasonings, fragrances, and other functional ingredients. Its technologies are designed for applications such as beverages, confectionery, baked goods, pharmaceuticals, cosmetics, household products, and pet food.

Founded in 1882 and headquartered in Milwaukee, Wisconsin, Sensient serves customers through manufacturing, research, and sales operations across North America, Europe, Asia-Pacific, and other international markets.

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