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CI Investments Inc. Sells 12,778 Shares of Sensient Technologies Corporation $SXT

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Key Points

  • CI Investments Inc. reduced its stake in Sensient Technologies by 15.6%, selling 12,778 shares in Q3 and leaving 69,044 shares (a 0.16% stake worth $6.48M).
  • Sensient missed estimates with Q results of $0.72 EPS versus $0.78 expected and revenue of $393.45M (vs. $395.7M), while issuing FY2026 guidance of $3.60–$3.80 EPS against analysts' ~3.1 projection.
  • The stock has a MarketBeat consensus "Hold" with a $110 price target, trades around $96 (PE ~30.4), and pays a $1.64 annual dividend (1.7% yield).
  • MarketBeat previews top five stocks to own in May.

CI Investments Inc. reduced its holdings in Sensient Technologies Corporation (NYSE:SXT - Free Report) by 15.6% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 69,044 shares of the specialty chemicals company's stock after selling 12,778 shares during the quarter. CI Investments Inc. owned 0.16% of Sensient Technologies worth $6,480,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Y Intercept Hong Kong Ltd bought a new position in shares of Sensient Technologies in the third quarter worth approximately $5,497,000. CW Advisors LLC grew its stake in Sensient Technologies by 15.4% in the 2nd quarter. CW Advisors LLC now owns 108,654 shares of the specialty chemicals company's stock worth $10,705,000 after buying an additional 14,498 shares in the last quarter. Exchange Traded Concepts LLC bought a new position in shares of Sensient Technologies in the 3rd quarter worth $671,000. Allworth Financial LP raised its position in shares of Sensient Technologies by 38,785.2% during the 2nd quarter. Allworth Financial LP now owns 20,998 shares of the specialty chemicals company's stock valued at $2,069,000 after buying an additional 20,944 shares in the last quarter. Finally, Creative Planning raised its position in shares of Sensient Technologies by 45.1% during the 2nd quarter. Creative Planning now owns 30,044 shares of the specialty chemicals company's stock valued at $2,960,000 after buying an additional 9,335 shares in the last quarter. Hedge funds and other institutional investors own 90.86% of the company's stock.

Analysts Set New Price Targets

Several research analysts recently issued reports on SXT shares. Weiss Ratings reiterated a "hold (c+)" rating on shares of Sensient Technologies in a research report on Monday, December 29th. Zacks Research lowered Sensient Technologies from a "hold" rating to a "strong sell" rating in a research note on Tuesday, February 17th. One analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $110.00.

Read Our Latest Stock Analysis on Sensient Technologies

Sensient Technologies Stock Performance

Sensient Technologies stock opened at $96.00 on Thursday. The firm has a fifty day simple moving average of $95.87 and a two-hundred day simple moving average of $97.83. The company has a quick ratio of 1.53, a current ratio of 4.10 and a debt-to-equity ratio of 0.59. Sensient Technologies Corporation has a twelve month low of $67.79 and a twelve month high of $121.54. The company has a market capitalization of $4.08 billion, a PE ratio of 30.38 and a beta of 0.55.

Sensient Technologies (NYSE:SXT - Get Free Report) last announced its quarterly earnings data on Friday, February 13th. The specialty chemicals company reported $0.72 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.78 by ($0.06). Sensient Technologies had a net margin of 8.34% and a return on equity of 12.82%. The company had revenue of $393.45 million for the quarter, compared to the consensus estimate of $395.70 million. During the same period last year, the business posted $0.70 earnings per share. The firm's quarterly revenue was up 4.5% compared to the same quarter last year. Sensient Technologies has set its FY 2026 guidance at 3.600-3.800 EPS. Research analysts expect that Sensient Technologies Corporation will post 3.1 EPS for the current year.

Sensient Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 2nd. Shareholders of record on Tuesday, February 3rd were given a $0.41 dividend. The ex-dividend date was Tuesday, February 3rd. This represents a $1.64 annualized dividend and a yield of 1.7%. Sensient Technologies's payout ratio is presently 51.90%.

About Sensient Technologies

(Free Report)

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.

Further Reading

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).

Institutional Ownership by Quarter for Sensient Technologies (NYSE:SXT)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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