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JPMorgan Chase & Co. Purchases 31,777 Shares of Sensient Technologies Corporation $SXT

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Key Points

  • JPMorgan Chase & Co. raised its stake in Sensient by 47.5%, buying 31,777 shares to hold 98,683 shares (~0.23%) worth about $9.26 million, while overall institutional ownership stands at 90.86% with large new positions from firms like Eminence, Westwood and Norges Bank.
  • Sensient missed consensus in the latest quarter with $0.72 EPS vs. $0.78 expected and $393.45M revenue (slightly below estimates), but issued FY 2026 guidance of $3.60–$3.80 EPS
  • The company pays a quarterly dividend of $0.41 ($1.64 annual, 1.9% yield, 51.9% payout ratio), and the stock trades around $86.83 with a one-year range of $67.79–$121.54 and a consensus analyst rating of Hold (average target $110).
  • MarketBeat previews the top five stocks to own by May 1st.

JPMorgan Chase & Co. increased its position in shares of Sensient Technologies Corporation (NYSE:SXT - Free Report) by 47.5% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 98,683 shares of the specialty chemicals company's stock after purchasing an additional 31,777 shares during the quarter. JPMorgan Chase & Co. owned approximately 0.23% of Sensient Technologies worth $9,261,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in SXT. Eminence Capital LP acquired a new stake in shares of Sensient Technologies during the second quarter worth approximately $99,117,000. Westwood Holdings Group Inc. bought a new position in shares of Sensient Technologies in the second quarter valued at approximately $91,280,000. Congress Asset Management Co. boosted its holdings in shares of Sensient Technologies by 4.4% in the 3rd quarter. Congress Asset Management Co. now owns 716,638 shares of the specialty chemicals company's stock worth $67,257,000 after acquiring an additional 29,901 shares in the last quarter. Norges Bank acquired a new position in shares of Sensient Technologies in the 2nd quarter worth approximately $50,728,000. Finally, Parsifal Capital Management LP bought a new stake in Sensient Technologies during the 3rd quarter worth approximately $46,784,000. 90.86% of the stock is owned by institutional investors.

Sensient Technologies Price Performance

Shares of SXT stock opened at $86.83 on Monday. Sensient Technologies Corporation has a 1 year low of $67.79 and a 1 year high of $121.54. The company has a current ratio of 4.10, a quick ratio of 1.53 and a debt-to-equity ratio of 0.59. The firm's 50 day moving average is $93.39 and its 200-day moving average is $94.75. The firm has a market capitalization of $3.69 billion, a price-to-earnings ratio of 27.48 and a beta of 0.55.

Sensient Technologies (NYSE:SXT - Get Free Report) last issued its quarterly earnings results on Friday, February 13th. The specialty chemicals company reported $0.72 earnings per share 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 during the quarter, compared to analyst estimates of $395.70 million. During the same period in the prior year, the business earned $0.70 EPS. The business's revenue for the quarter was up 4.5% on a year-over-year basis. Sensient Technologies has set its FY 2026 guidance at 3.600-3.800 EPS. Sell-side analysts forecast that Sensient Technologies Corporation will post 3.1 EPS for the current fiscal year.

Sensient Technologies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 2nd. Stockholders of record on Tuesday, February 3rd were given a dividend of $0.41 per share. The ex-dividend date was Tuesday, February 3rd. This represents a $1.64 dividend on an annualized basis and a dividend yield of 1.9%. Sensient Technologies's payout ratio is presently 51.90%.

Analyst Ratings Changes

Several brokerages have issued reports on SXT. Weiss Ratings reiterated a "hold (c+)" rating on shares of Sensient Technologies in a research report on Monday, December 29th. Zacks Research cut Sensient Technologies from a "hold" rating to a "strong sell" rating in a report on Tuesday, February 17th. One equities research 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. According to MarketBeat, Sensient Technologies currently has a consensus rating of "Hold" and an average target price of $110.00.

Check Out Our Latest Analysis on SXT

Sensient Technologies Profile

(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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