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

Bessemer Group Inc. raised its holdings in Sensient Technologies Corporation (NYSE:SXT) by 13.7% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 126,783 shares of the specialty chemicals company’s stock after purchasing an additional 15,325 shares during the quarter. Bessemer Group Inc. owned approximately 0.30% of Sensient Technologies worth $10,959,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of SXT. Tudor Investment Corp ET AL acquired a new position in Sensient Technologies during the 3rd quarter worth about $4,142,000. JPMorgan Chase & Co. lifted its holdings in Sensient Technologies by 47.5% in the third quarter. JPMorgan Chase & Co. now owns 98,683 shares of the specialty chemicals company’s stock valued at $9,261,000 after buying an additional 31,777 shares during the period. Congress Asset Management Co. boosted its position in shares of Sensient Technologies by 2.5% in the 4th quarter. Congress Asset Management Co. now owns 734,573 shares of the specialty chemicals company’s stock worth $69,013,000 after purchasing an additional 17,935 shares during the last quarter. Mountaineer Partners Management LLC bought a new position in Sensient Technologies during the fourth quarter worth about $11,001,000. Finally, Yost Capital Management LP raised its position in shares of Sensient Technologies by 51.4% in the 4th quarter. Yost Capital Management LP now owns 130,700 shares of the specialty chemicals company’s stock valued at $12,279,000 after acquiring an additional 44,400 shares during the period. Institutional investors and hedge funds own 90.86% of the company’s stock.

Analyst Ratings Changes

SXT has been the topic of several recent analyst reports. Weiss Ratings raised shares of Sensient Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, July 2nd. UBS Group reaffirmed a “buy” rating on shares of Sensient Technologies in a research note on Monday, June 22nd. Rothschild & Co Redburn started coverage on shares of Sensient Technologies in a report on Wednesday, July 8th. They issued a “neutral” rating and a $125.00 target price on the stock. Finally, Zacks Research cut shares of Sensient Technologies from a “strong-buy” rating to a “hold” rating in a research report on Friday, June 26th. Two research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $134.00.

Insider Buying and Selling

In other Sensient Technologies news, VP Thierry Hoang sold 400 shares of Sensient Technologies stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $115.19, for a total value of $46,076.00. Following 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 filing with the SEC, which is available through the SEC website. Company insiders own 1.30% of the company’s stock.

Sensient Technologies Stock Down 0.3%

Shares of Sensient Technologies stock opened at $108.74 on Monday. Sensient Technologies Corporation has a 1 year low of $82.60 and a 1 year high of $129.35. The business has a 50-day moving average of $116.84 and a two-hundred day moving average of $103.57. The company has a market capitalization of $4.63 billion, a P/E ratio of 32.08 and a beta of 0.78. The company has a debt-to-equity ratio of 0.63, a current ratio of 5.01 and a quick ratio of 1.97.

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 analysts’ consensus estimates of $0.80 by $0.24. Sensient Technologies had a return on equity of 13.12% and a net margin of 8.71%.The company had revenue of $435.83 million for the quarter, compared to analyst estimates of $411.39 million. During the same quarter last year, the firm posted $0.86 earnings per share. Sensient Technologies’s revenue was up 11.1% compared to the same quarter last year. Sensient Technologies has set its FY 2026 guidance at 3.700-3.90 EPS. As a group, equities analysts predict that Sensient Technologies Corporation will post 3.9 EPS for the current 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 issued a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a yield of 1.5%. The ex-dividend date was Monday, May 11th. Sensient Technologies’s dividend payout ratio (DPR) is 48.38%.

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.