Sensient Technologies Corporation $SXT Shares Sold by Boston Trust Walden Corp

Boston Trust Walden Corp lowered its position in Sensient Technologies Corporation (NYSE:SXT) by 12.8% during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 318,750 shares of the specialty chemicals company’s stock after selling 46,697 shares during the period. Boston Trust Walden Corp owned 0.75% of Sensient Technologies worth $27,553,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in SXT. Keybank National Association OH boosted its holdings in Sensient Technologies by 9.7% during the 1st quarter. Keybank National Association OH now owns 4,662 shares of the specialty chemicals company’s stock valued at $403,000 after acquiring an additional 414 shares during the period. Inspire Investing LLC raised its stake in Sensient Technologies by 18.5% during the 1st quarter. Inspire Investing LLC now owns 5,937 shares of the specialty chemicals company’s stock worth $513,000 after acquiring an additional 928 shares in the last quarter. Pictet Asset Management Holding SA grew its stake in Sensient Technologies by 50.4% during the 1st quarter. Pictet Asset Management Holding SA now owns 492,630 shares of the specialty chemicals company’s stock worth $42,583,000 after buying an additional 164,976 shares during the last quarter. Louisiana State Employees Retirement System acquired a new stake in shares of Sensient Technologies during the first quarter worth about $1,625,000. Finally, Vaughan Nelson Investment Management L.P. acquired a new position in Sensient Technologies in the 1st quarter valued at $77,955,000. Hedge funds and other institutional investors own 90.86% of the company’s stock.

Insider Transactions at Sensient Technologies

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

Analysts Set New Price Targets

A number of research firms recently weighed in on SXT. Weiss Ratings upgraded Sensient Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday. Zacks Research downgraded Sensient Technologies from a “strong-buy” rating to a “hold” rating in a research report on Friday, June 26th. Finally, UBS Group restated a “buy” rating on shares of Sensient Technologies in a research report on Monday, June 22nd. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, Sensient Technologies has an average rating of “Moderate Buy” and an average price target of $143.00.

Sensient Technologies Trading Up 0.1%

NYSE SXT opened at $124.57 on Friday. The company’s fifty day simple moving average is $117.07 and its 200-day simple moving average is $102.09. The stock has a market cap of $5.30 billion, a P/E ratio of 36.75 and a beta of 0.78. Sensient Technologies Corporation has a 52 week low of $82.60 and a 52 week high of $129.35. The company has a current ratio of 5.01, a quick ratio of 1.97 and a debt-to-equity ratio of 0.63.

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

Sensient Technologies Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Monday, May 11th were given a $0.41 dividend. The ex-dividend date of this dividend was Monday, May 11th. This represents a $1.64 annualized dividend and a yield of 1.3%. Sensient Technologies’s dividend payout ratio (DPR) is currently 48.38%.

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.