American Century Companies Inc. Cuts Stock Position in Sensient Technologies Corporation $SXT

American Century Companies Inc. cut its holdings in shares of Sensient Technologies Corporation (NYSE:SXT) by 22.7% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 455,751 shares of the specialty chemicals company’s stock after selling 133,521 shares during the quarter. American Century Companies Inc. owned 1.07% of Sensient Technologies worth $42,773,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of SXT. State of Wyoming purchased a new position in shares of Sensient Technologies in the third quarter worth $32,000. EverSource Wealth Advisors LLC lifted its stake in shares of Sensient Technologies by 181.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 475 shares of the specialty chemicals company’s stock valued at $47,000 after purchasing an additional 306 shares during the period. GAMMA Investing LLC lifted its stake 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 purchasing an additional 142 shares during the period. Nisa Investment Advisors LLC grew its stake in Sensient Technologies by 15.9% in the third quarter. Nisa Investment Advisors LLC now owns 1,042 shares of the specialty chemicals company’s stock worth $98,000 after purchasing an additional 143 shares during the period. Finally, Strs Ohio purchased a new position in Sensient Technologies during the 1st quarter valued at about $119,000. 90.86% of the stock is owned by institutional investors.

Sensient Technologies Stock Performance

NYSE:SXT opened at $91.59 on Friday. The stock has a 50-day moving average price of $95.72 and a 200 day moving average price of $97.62. The stock has a market capitalization of $3.89 billion, a P/E ratio of 28.98 and a beta of 0.55. Sensient Technologies Corporation has a 12-month low of $67.79 and a 12-month high of $121.54. 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 quarterly earnings results 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 business had revenue of $393.45 million during the quarter, compared to the consensus estimate of $395.70 million. Sensient Technologies had a return on equity of 12.82% and a net margin of 8.34%.The company’s revenue for the quarter was up 4.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.70 earnings per share. Sensient Technologies has set its FY 2026 guidance at 3.600-3.800 EPS. Equities research analysts forecast that Sensient Technologies Corporation will post 3.1 EPS for the current fiscal year.

Sensient Technologies Announces Dividend

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

Analyst Upgrades and Downgrades

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

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.