Bank of New York Mellon Corp Makes New $47.17 Million Investment in Sensient Technologies Corporation $SXT

Key Points

• Bank of New York Mellon invested approximately $47.17 million in Sensient Technologies during the second quarter, acquiring 382,622 shares and an estimated 0.90% stake. Institutional investors collectively own 90.86% of the company.
• Sensient reported stronger-than-expected quarterly results, with EPS of $1.20 versus the $1.03 consensus and revenue of $462.08 million, up 11.6% year over year. The company issued fiscal 2026 EPS guidance of $4.10–$4.20.
• Analysts maintain a generally positive outlook, with a consensus “Buy” rating and $140 average price target; UBS raised its target to $155. Sensient also declared a quarterly dividend of $0.41 per share, yielding about 1.2% annually.

Bank of New York Mellon Corp purchased a new position in shares of Sensient Technologies Corporation (NYSE:SXT - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 382,622 shares of the specialty chemicals company's stock, valued at approximately $47,173,000. Bank of New York Mellon Corp owned about 0.90% of Sensient Technologies as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of SXT. MML Investors Services LLC increased its position in shares of Sensient Technologies by 3.9% during the 4th quarter. MML Investors Services LLC now owns 3,146 shares of the specialty chemicals company's stock valued at $296,000 after purchasing an additional 119 shares during the period. Oregon Public Employees Retirement Fund increased its stake in Sensient Technologies by 1.4% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 9,675 shares of the specialty chemicals company's stock worth $909,000 after purchasing an additional 130 shares in the last quarter. Advisors Asset Management Inc. raised its stake in Sensient Technologies by 53.1% during 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 during the period. Covestor Ltd raised its stake in Sensient Technologies by 31.7% during the 4th quarter. Covestor Ltd now owns 594 shares of the specialty chemicals company's stock valued at $56,000 after purchasing an additional 143 shares during the period. Finally, Evergreen Capital Management LLC increased its holdings in shares of Sensient Technologies by 3.4% in the 2nd quarter. Evergreen Capital Management LLC now owns 4,500 shares of the specialty chemicals company's stock valued at $443,000 after purchasing an additional 146 shares during the period. Institutional investors and hedge funds own 90.86% of the company's stock.

Sensient Technologies Stock Down 2.3%

Sensient Technologies stock opened at $133.83 on Friday. The firm has a market capitalization of $5.70 billion, a price-to-earnings ratio of 36.07 and a beta of 0.78. The company's 50 day simple moving average is $123.86 and its 200 day simple moving average is $110.11. 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 Corporation has a fifty-two week low of $82.60 and a fifty-two week high of $138.82.

Sensient Technologies (NYSE:SXT - Get Free Report) last posted its earnings results on Friday, July 24th. The specialty chemicals company reported $1.20 earnings per share for the quarter, topping the consensus estimate of $1.03 by $0.17. The firm had revenue of $462.08 million for 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 company's revenue for the quarter was up 11.6% on a year-over-year basis. During the same period in the previous year, the company posted $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 Corporation will post 4.2 EPS for the current year.

Sensient Technologies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Monday, August 3rd will be given a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Monday, August 3rd. Sensient Technologies's dividend payout ratio (DPR) is currently 44.20%.

Insider Buying and Selling

In related news, Director Mario Ferruzzi sold 1,200 shares of the stock in a transaction 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 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 sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 1.30% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the stock. Robert W. Baird upped their price target 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. Zacks Research raised shares of Sensient Technologies from a "hold" rating to a "strong-buy" rating in a research report on Monday, July 27th. Weiss Ratings downgraded Sensient Technologies from a "buy (b)" rating to a "buy (b-)" rating in a research report on Wednesday. Rothschild & Co Redburn started 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 on the stock. Finally, UBS Group boosted their price target on Sensient Technologies from $143.00 to $155.00 and gave the company a "buy" rating in a research note on Monday, July 27th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, Sensient Technologies currently has a consensus rating of "Buy" and an average price target of $140.00.

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.

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