American Century Companies Inc. Lowers Stock Holdings in Sensient Technologies Corporation $SXT

American Century Companies Inc. cut its stake in shares of Sensient Technologies Corporation (NYSE:SXT) by 22.7% during the third quarter, HoldingsChannel.com reports. The fund owned 455,751 shares of the specialty chemicals company’s stock after selling 133,521 shares during the quarter. American Century Companies Inc.’s holdings in Sensient Technologies were worth $42,773,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in SXT. State of Wyoming bought a new stake in shares of Sensient Technologies in the 3rd quarter valued at about $32,000. EverSource Wealth Advisors LLC lifted its position in shares of Sensient Technologies by 181.1% during the second quarter. EverSource Wealth Advisors LLC now owns 475 shares of the specialty chemicals company’s stock valued at $47,000 after buying an additional 306 shares during the last quarter. GAMMA Investing LLC boosted its holdings in shares of Sensient Technologies by 19.3% in the 3rd quarter. GAMMA Investing LLC now owns 878 shares of the specialty chemicals company’s stock valued at $82,000 after buying an additional 142 shares in the last quarter. Nisa Investment Advisors LLC grew its position in shares of Sensient Technologies by 15.9% in the 3rd quarter. Nisa Investment Advisors LLC now owns 1,042 shares of the specialty chemicals company’s stock worth $98,000 after buying an additional 143 shares during the last quarter. Finally, Strs Ohio purchased a new stake in shares of Sensient Technologies during the 1st quarter valued at $119,000. 90.86% of the stock is currently owned by hedge funds and other institutional investors.

Sensient Technologies Trading Down 1.8%

Shares of SXT opened at $91.59 on Friday. Sensient Technologies Corporation has a 12-month low of $67.79 and a 12-month high of $121.54. The firm has a market capitalization of $3.89 billion, a P/E ratio of 28.98 and a beta of 0.55. The firm has a 50-day moving average price of $95.72 and a 200 day moving average price of $97.62. The company has a current ratio of 4.10, a quick ratio of 1.53 and a debt-to-equity ratio of 0.59.

Sensient Technologies (NYSE:SXT) last posted its earnings results on Friday, February 13th. The specialty chemicals company reported $0.72 EPS for the quarter, missing analysts’ consensus estimates of $0.78 by ($0.06). The business had revenue of $393.45 million during the quarter, compared to analysts’ expectations of $395.70 million. Sensient Technologies had a net margin of 8.34% and a return on equity of 12.82%. Sensient Technologies’s revenue for the quarter was up 4.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.70 EPS. 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 year.

Sensient Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, March 2nd. Investors of record on Tuesday, February 3rd were paid a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend was Tuesday, February 3rd. Sensient Technologies’s dividend payout ratio is presently 51.90%.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on SXT. Weiss Ratings restated a “hold (c+)” rating on shares of Sensient Technologies in a research note on Monday, December 29th. Zacks Research downgraded shares of Sensient Technologies from a “hold” rating to a “strong sell” rating in a research note on Tuesday, February 17th. One investment analyst has rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Sensient Technologies has a consensus rating of “Hold” and an average target price of $110.00.

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.