Wall Street Zen Upgrades Sensient Technologies (NYSE:SXT) to Buy

Key Points

• Wall Street Zen upgraded Sensient Technologies to “buy” from “hold,” contributing to a broader consensus “Moderate Buy” rating. Analysts’ average price target is $140.67.
• Sensient reported quarterly EPS of $1.20, exceeding the $1.03 consensus estimate, while revenue reached $462.08 million and increased 11.6% year over year.
• The stock opened at $133.78, near its 52-week high of $138.82, with a $5.69 billion market capitalization; institutional investors own 90.86% of outstanding shares.

Sensient Technologies (NYSE:SXT - Get Free Report) was upgraded by investment analysts at Wall Street Zen from a "hold" rating to a "buy" rating in a research note issued to investors on Monday, Wall Street Zen reports.

SXT has been the subject of several other reports. Rothschild & Co Redburn assumed coverage on shares of Sensient Technologies in a research report on Wednesday, July 8th. They set a "neutral" rating and a $125.00 target price for the company. Weiss Ratings raised Sensient Technologies from a "buy (b)" rating to a "buy (b+)" rating in a report on Thursday, October 8th. Zacks Research downgraded Sensient Technologies from a "strong-buy" rating to a "hold" rating in a research report on Friday, September 25th. UBS Group boosted their price target on Sensient Technologies from $155.00 to $157.00 and gave the company a "buy" rating in a report on Wednesday, September 30th. Finally, Robert W. Baird upped their price target on Sensient Technologies from $125.00 to $140.00 and gave the stock an "outperform" rating in a research report 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. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $140.67.

Sensient Technologies Stock Performance

Shares of SXT opened at $133.78 on Monday. The company has a debt-to-equity ratio of 0.61, a current ratio of 4.39 and a quick ratio of 1.72. Sensient Technologies has a one year low of $82.60 and a one year high of $138.82. The firm has a market capitalization of $5.69 billion, a P/E ratio of 36.06 and a beta of 0.84. The business has a fifty day moving average of $131.78 and a 200 day moving average of $120.00.

Sensient Technologies (NYSE:SXT - Get Free Report) last posted its quarterly earnings data on Friday, July 24th. The specialty chemicals company reported $1.20 EPS for the quarter, beating analysts' consensus estimates of $1.03 by $0.17. The company had revenue of $462.08 million during the quarter, compared to analysts' expectations of $448.84 million. Sensient Technologies had a return on equity of 13.77% and a net margin of 9.27%. Sensient Technologies's revenue for the quarter was up 11.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.88 earnings per share. Sensient Technologies has set its FY 2026 guidance at 4.100-4.200 EPS. As a group, sell-side analysts anticipate that Sensient Technologies will post 4.20 EPS for the current year.

Insiders Place Their Bets

In other Sensient Technologies news, Director Mario Ferruzzi sold 1,200 shares of the stock in a transaction that occurred on 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 sale, the director directly owned 7,352 shares of the company's stock, valued at $951,936.96. This trade represents a 14.03% 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 owned by insiders.

Hedge Funds Weigh In On Sensient Technologies

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in Sensient Technologies in the 2nd quarter valued at $26,000. Silvant Capital Management LLC purchased a new position in shares of Sensient Technologies during the second quarter valued at about $27,000. Global Retirement Partners LLC purchased a new position in shares of Sensient Technologies during the second quarter valued at about $36,000. Integrated Wealth Concepts LLC bought a new stake in shares of Sensient Technologies in the second quarter worth about $37,000. Finally, GAMMA Investing LLC increased its holdings in shares of Sensient Technologies by 35.2% in the second quarter. GAMMA Investing LLC now owns 938 shares of the specialty chemicals company's stock worth $116,000 after purchasing an additional 244 shares during the last quarter. Institutional investors own 90.86% of the company's stock.

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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