Axiom Investors LLC DE Raises Holdings in Sensient Technologies Corporation $SXT

Axiom Investors LLC DE lifted its stake in Sensient Technologies Corporation (NYSE:SXT) by 5.1% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 161,293 shares of the specialty chemicals company’s stock after buying an additional 7,764 shares during the quarter. Axiom Investors LLC DE owned approximately 0.38% of Sensient Technologies worth $15,153,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Fox Run Management L.L.C. acquired a new position in Sensient Technologies in the 4th quarter worth about $962,000. Cerity Partners LLC raised its holdings in Sensient Technologies by 9.1% in the 4th quarter. Cerity Partners LLC now owns 3,609 shares of the specialty chemicals company’s stock worth $339,000 after purchasing an additional 300 shares during the period. JPMorgan Chase & Co. raised its holdings in Sensient Technologies by 50.7% in the 4th quarter. JPMorgan Chase & Co. now owns 148,691 shares of the specialty chemicals company’s stock worth $13,970,000 after purchasing an additional 50,008 shares during the period. Los Angeles Capital Management LLC acquired a new position in Sensient Technologies in the 4th quarter worth about $1,500,000. Finally, OneAscent Financial Services LLC acquired a new position in Sensient Technologies in the 4th quarter worth about $616,000. Hedge funds and other institutional investors own 90.86% of the company’s stock.

Sensient Technologies Trading Up 5.6%

Shares of Sensient Technologies stock opened at $119.18 on Wednesday. The firm has a market capitalization of $5.07 billion, a price-to-earnings ratio of 35.15 and a beta of 0.80. Sensient Technologies Corporation has a fifty-two week low of $82.60 and a fifty-two week high of $129.35. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.97 and a current ratio of 5.01. The stock has a 50 day moving average of $107.66 and a 200 day moving average of $98.99.

Sensient Technologies (NYSE:SXT) last released its quarterly earnings results on Friday, April 24th. The specialty chemicals company reported $1.04 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 during the quarter, compared to analyst estimates of $411.39 million. During the same period last year, the business posted $0.86 earnings per share. The company’s quarterly 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, research analysts predict that Sensient Technologies Corporation will post 3.9 earnings per share for the current year.

Sensient Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Monday, May 11th were paid a $0.41 dividend. This represents a $1.64 annualized dividend and a dividend yield of 1.4%. The ex-dividend date was Monday, May 11th. Sensient Technologies’s dividend payout ratio (DPR) is presently 48.38%.

Insider Activity

In other news, VP Thierry Hoang sold 400 shares of the stock in a transaction on Monday, May 18th. The stock was sold at an average price of $115.19, for a total value of $46,076.00. Following the sale, the vice president directly owned 13,909 shares in the company, valued at approximately $1,602,177.71. This trade represents a 2.80% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 1.30% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on SXT shares. Weiss Ratings raised Sensient Technologies from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, April 24th. Zacks Research raised Sensient Technologies from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 19th. Finally, UBS Group increased their target price on Sensient Technologies from $115.00 to $143.00 and gave the company a “buy” rating in a report on Tuesday, April 28th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $134.00.

About Sensient Technologies

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.