UBS Group Initiates Coverage on Sensient Technologies (NYSE:SXT)

Investment analysts at UBS Group began coverage on shares of Sensient Technologies (NYSE:SXT) in a research report issued on Wednesday, Marketbeat reports. The brokerage set a “buy” rating and a $115.00 price target on the specialty chemicals company’s stock. UBS Group’s target price would indicate a potential upside of 24.77% from the company’s previous close.

Several other research analysts have also issued reports on the company. Weiss Ratings reiterated 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. Two research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Sensient Technologies currently has an average rating of “Hold” and a consensus price target of $111.67.

Sensient Technologies Stock Up 0.7%

Shares of SXT opened at $92.17 on Wednesday. The company has a quick ratio of 1.53, a current ratio of 4.10 and a debt-to-equity ratio of 0.59. The company has a 50-day moving average price of $92.77 and a two-hundred day moving average price of $94.43. The stock has a market cap of $3.92 billion, a price-to-earnings ratio of 29.17 and a beta of 0.62. Sensient Technologies has a 12 month low of $67.79 and a 12 month high of $121.54.

Sensient Technologies (NYSE:SXT) last released its quarterly earnings data on Friday, February 13th. The specialty chemicals company reported $0.72 earnings per share for the quarter, missing the consensus estimate of $0.78 by ($0.06). The company had revenue of $393.45 million during the quarter, compared to the consensus estimate of $395.70 million. Sensient Technologies had a net margin of 8.34% and a return on equity of 12.82%. The company’s revenue for the quarter was up 4.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.70 earnings per share. Sensient Technologies has set its FY 2026 guidance at 3.600-3.800 EPS. Equities analysts predict that Sensient Technologies will post 3.1 EPS for the current fiscal year.

Institutional Trading of Sensient Technologies

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Salomon & Ludwin LLC boosted its stake in shares of Sensient Technologies by 146.2% in the 4th quarter. Salomon & Ludwin LLC now owns 293 shares of the specialty chemicals company’s stock valued at $28,000 after purchasing an additional 174 shares during the last quarter. Farther Finance Advisors LLC raised its stake in shares of Sensient Technologies by 313.5% during the fourth quarter. Farther Finance Advisors LLC now owns 306 shares of the specialty chemicals company’s stock worth $29,000 after buying an additional 232 shares during the last quarter. State of Wyoming bought a new stake in shares of Sensient Technologies during the third quarter worth approximately $32,000. Kohmann Bosshard Financial Services LLC acquired a new position in Sensient Technologies in the fourth quarter valued at approximately $33,000. Finally, Advisors Asset Management Inc. boosted its stake in Sensient Technologies by 53.1% in the fourth 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 during the last quarter. 90.86% of the stock is owned by institutional investors.

Sensient Technologies Company 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.