Bessemer Group Inc. Has $10.96 Million Stake in Sensient Technologies Corporation $SXT

Bessemer Group Inc. grew its position in Sensient Technologies Corporation (NYSE:SXT) by 13.7% during the first quarter, HoldingsChannel.com reports. The firm owned 126,783 shares of the specialty chemicals company’s stock after buying an additional 15,325 shares during the quarter. Bessemer Group Inc.’s holdings in Sensient Technologies were worth $10,959,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of SXT. Salomon & Ludwin LLC boosted its position in shares of Sensient Technologies by 146.2% during the fourth quarter. Salomon & Ludwin LLC now owns 293 shares of the specialty chemicals company’s stock worth $28,000 after buying an additional 174 shares during the period. Farther Finance Advisors LLC raised its position in Sensient Technologies by 313.5% in the 4th quarter. Farther Finance Advisors LLC now owns 306 shares of the specialty chemicals company’s stock valued at $29,000 after buying an additional 232 shares during the last quarter. Kohmann Bosshard Financial Services LLC acquired a new stake in Sensient Technologies in the 4th quarter valued at approximately $33,000. Advisors Asset Management Inc. lifted its stake in Sensient Technologies by 53.1% in the 4th quarter. Advisors Asset Management Inc. now owns 401 shares of the specialty chemicals company’s stock valued at $38,000 after acquiring an additional 139 shares in the last quarter. Finally, Kestra Advisory Services LLC bought a new stake in Sensient Technologies in the 4th quarter valued at approximately $44,000. 90.86% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Sensient Technologies

In other news, VP Thierry Hoang sold 439 shares of the company’s stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $114.15, for a total transaction of $50,111.85. Following the sale, the vice president owned 14,309 shares in the company, valued at $1,633,372.35. This represents a 2.98% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. 1.30% of the stock is owned by company insiders.

Sensient Technologies Price Performance

Shares of NYSE SXT opened at $108.74 on Monday. The company has a debt-to-equity ratio of 0.63, a current ratio of 5.01 and a quick ratio of 1.97. The business has a 50-day moving average of $116.84 and a 200-day moving average of $103.57. The stock has a market capitalization of $4.63 billion, a price-to-earnings ratio of 32.08 and a beta of 0.78. Sensient Technologies Corporation has a fifty-two week low of $82.60 and a fifty-two week high of $129.35.

Sensient Technologies (NYSE:SXT) last released its earnings results on Friday, April 24th. The specialty chemicals company reported $1.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.80 by $0.24. Sensient Technologies had a return on equity of 13.12% and a net margin of 8.71%.The business had revenue of $435.83 million for the quarter, compared to analyst estimates of $411.39 million. During the same quarter in the prior year, the company posted $0.86 earnings per share. Sensient Technologies’s revenue was up 11.1% on a year-over-year basis. Sensient Technologies has set its FY 2026 guidance at 3.700-3.90 EPS. As a group, sell-side analysts predict that Sensient Technologies Corporation will post 3.9 earnings per share for the current fiscal year.

Sensient Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Monday, May 11th were given a dividend of $0.41 per share. The ex-dividend date of this dividend was Monday, May 11th. This represents a $1.64 annualized dividend and a dividend yield of 1.5%. Sensient Technologies’s payout ratio is 48.38%.

Analyst Ratings Changes

A number of equities analysts have weighed in on SXT shares. Rothschild & Co Redburn began coverage on Sensient Technologies in a research report on Wednesday, July 8th. They set a “neutral” rating and a $125.00 price target for the company. UBS Group reiterated a “buy” rating on shares of Sensient Technologies in a report on Monday, June 22nd. Weiss Ratings raised shares of Sensient Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, July 2nd. Finally, Zacks Research cut shares of Sensient Technologies from a “strong-buy” rating to a “hold” rating in a report on Friday, June 26th. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $134.00.

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.