Sensient Technologies (NYSE:SXT) Updates FY 2025 Earnings Guidance

Key Points

• Sensient Technologies has revised its FY 2025 earnings guidance, projecting earnings per share between $3.130-$3.230, below the consensus estimate of $3.343.
• The company recently announced a quarterly dividend of $0.41 per share, representing an annualized yield of 1.49%.
• Analysts have mixed ratings on the stock, with Robert W. Baird raising their price target to $125.00 while CJS Securities set a price objective of $95.00.

Sensient Technologies (NYSE:SXT - Get Free Report) updated its FY 2025 earnings guidance on Friday. The company provided EPS guidance of 3.130-3.230 for the period, compared to the consensus EPS estimate of 3.343. The company issued revenue guidance of -.

Analysts Set New Price Targets

A number of brokerages recently weighed in on SXT. CJS Securities began coverage on Sensient Technologies in a report on Tuesday, June 10th. They set a "market perform" rating and a $95.00 price objective on the stock. Robert W. Baird raised their price objective on Sensient Technologies from $93.00 to $125.00 and gave the company an "outperform" rating in a report on Thursday, July 3rd.

Sensient Technologies Stock Down 1.0%

Shares of NYSE SXT traded down $1.13 during mid-day trading on Tuesday, hitting $111.80. 95,330 shares of the stock traded hands, compared to its average volume of 351,632. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.78 and a current ratio of 4.25. Sensient Technologies has a 52 week low of $66.14 and a 52 week high of $114.59. The company has a market cap of $4.75 billion, a price-to-earnings ratio of 35.27 and a beta of 0.56. The stock has a fifty day moving average price of $100.91 and a 200-day moving average price of $85.48.

Sensient Technologies (NYSE:SXT - Get Free Report) last released its quarterly earnings results on Friday, July 25th. The specialty chemicals company reported $0.94 earnings per share for the quarter, beating the consensus estimate of $0.88 by $0.06. Sensient Technologies had a return on equity of 12.56% and a net margin of 8.56%. The company had revenue of $414.23 million for the quarter, compared to analyst estimates of $417.60 million. During the same period in the previous year, the company posted $0.77 earnings per share. The firm's revenue was up 2.7% on a year-over-year basis. Research analysts anticipate that Sensient Technologies will post 3.1 EPS for the current year.

Sensient Technologies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 2nd. Shareholders of record on Monday, August 4th will be issued a $0.41 dividend. This represents a $1.64 annualized dividend and a yield of 1.47%. The ex-dividend date of this dividend is Monday, August 4th. Sensient Technologies's dividend payout ratio (DPR) is 51.74%.

Insider Buying and Selling

In other Sensient Technologies news, Director Mario Ferruzzi sold 1,668 shares of the business's stock in a transaction on Friday, May 9th. The stock was sold at an average price of $95.45, for a total value of $159,210.60. Following the sale, the director directly owned 7,946 shares of the company's stock, valued at approximately $758,445.70. The trade was a 17.35% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 1.20% of the company's stock.

Institutional Investors Weigh In On Sensient Technologies

Several hedge funds have recently added to or reduced their stakes in SXT. Millennium Management LLC boosted its holdings in Sensient Technologies by 112.1% in the first quarter. Millennium Management LLC now owns 115,042 shares of the specialty chemicals company's stock worth $8,563,000 after acquiring an additional 60,807 shares in the last quarter. Jane Street Group LLC lifted its holdings in shares of Sensient Technologies by 111.7% during the first quarter. Jane Street Group LLC now owns 52,496 shares of the specialty chemicals company's stock valued at $3,907,000 after purchasing an additional 27,693 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of Sensient Technologies by 14.0% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 112,151 shares of the specialty chemicals company's stock valued at $8,347,000 after purchasing an additional 13,780 shares in the last quarter. AQR Capital Management LLC lifted its holdings in shares of Sensient Technologies by 103.2% during the first quarter. AQR Capital Management LLC now owns 8,852 shares of the specialty chemicals company's stock valued at $647,000 after purchasing an additional 4,496 shares in the last quarter. Finally, United Services Automobile Association bought a new position in shares of Sensient Technologies during the first quarter valued at $201,000. 90.86% of the stock is owned by institutional investors.

Sensient Technologies Company Profile

Sensient Technologies Corporation, together with its subsidiaries, develops, manufactures, and markets colors, flavors, and other specialty ingredients in North America, Europe, Asia, Australia, South America, and Africa. The company offers flavor-delivery systems, and compounded and blended products; ingredient products, such as essential oils, natural and synthetic flavors, and natural extracts; and chili powder, paprika, and chili pepper, as well as dehydrated vegetables comprising parsley, celery, and spinach to the food, beverage, and personal care industries.