Quantbot Technologies LP Acquires New Position in Sensient Technologies Corporation $SXT

Quantbot Technologies LP bought a new position in Sensient Technologies Corporation (NYSE:SXT - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 9,216 shares of the specialty chemicals company's stock, valued at approximately $1,136,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of SXT. MML Investors Services LLC raised 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 worth $296,000 after purchasing an additional 119 shares during the period. Oregon Public Employees Retirement Fund lifted its holdings in shares of 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 during the last quarter. Advisors Asset Management Inc. boosted its position 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 boosted its position 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 grew its stake in Sensient Technologies by 3.4% during the 2nd quarter. Evergreen Capital Management LLC now owns 4,500 shares of the specialty chemicals company's stock worth $443,000 after buying an additional 146 shares during the last quarter. 90.86% of the stock is currently owned by institutional investors and hedge funds.

Sensient Technologies Stock Down 0.4%

SXT opened at $136.88 on Wednesday. Sensient Technologies Corporation has a 12 month low of $82.60 and a 12 month high of $138.52. The company has a debt-to-equity ratio of 0.61, a current ratio of 4.39 and a quick ratio of 1.72. The stock has a market cap of $5.83 billion, a P/E ratio of 36.89 and a beta of 0.78. The stock's 50 day moving average price is $122.92 and its 200 day moving average price is $109.56.

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

Sensient Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Monday, August 3rd will be issued a $0.41 dividend. The ex-dividend date of this dividend is Monday, August 3rd. This represents a $1.64 annualized dividend and a yield of 1.2%. Sensient Technologies's dividend payout ratio is presently 44.20%.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the company. Zacks Research upgraded Sensient Technologies from a "hold" rating to a "strong-buy" rating in a research note on Monday, July 27th. 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 report on Monday, July 27th. Weiss Ratings raised shares of Sensient Technologies from a "buy (b-)" rating to a "buy (b)" rating in a report on Thursday, August 6th. UBS Group increased their price objective on shares of Sensient Technologies from $143.00 to $155.00 and gave the stock a "buy" rating in a report on Monday, July 27th. Finally, Rothschild & Co Redburn initiated coverage on shares of Sensient Technologies in a research report on Wednesday, July 8th. They issued a "neutral" rating and a $125.00 price objective on the stock. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Buy" and a consensus price target of $140.00.

Insider Transactions at Sensient Technologies

In other Sensient Technologies news, Director Mario Ferruzzi sold 1,200 shares of the firm'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 transaction, the director owned 7,352 shares of the company's stock, valued at approximately $951,936.96. This trade represents a 14.03% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.30% of the stock is owned by corporate insiders.

Sensient Technologies Profile

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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