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SXT $77.19

SXT target price
77.19
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0
Sensient Technologies Corporation
Type
Public
Traded as NYSE: SXT
S&P 400 Component
Industry Colors, Flavors and Fragrance
Founded 1882
Headquarters U.S. Bank Center
Milwaukee, Wisconsin
Key people
Paul Manning, CEO
Products Colors, Flavors and Fragrances
Revenue $ 1,468 million (2013)
Number of employees
3,986 worldwide
Website www.sensient.com

Sensient Technologies is a global manufacturer and marketer of colors, flavors and fragrances based in Milwaukee, Wisconsin. Their products are used to make a diverse variety of foods and beverages, pharmaceuticals, cosmetics, home and personal care products, specialty printing and imaging products, computer imaging and industrial colors. Sensient reported revenue of $1,468 million in 2013. Subdivisions include the Sensient Flavors & Fragrances Group and the Sensient Color Group. Within the Flavors & Fragrances Group is Sensient Natural Ingredients.

Sensient Technologies was founded in 1882 as Meadow Springs Distilling Company. In the late 19th century, the company changed its name to National Distilling Company. By 1919 the company was threatened by prohibition but by then it had created a business selling yeast under the Red Star Yeast brand. Accordingly, the company changed its name to Red Star Yeast and Products Company.

By the 1960s, the company had become a highly diversified food company and changed its name again to Universal Foods Corporation. In 1977 the company listed its stock on the New York Stock Exchange(SXT).

In 1984 Sensient acquired Warner-Jenkinson Co. (color applications). Together with some other acquisitions this developed into the cosmetic color division. This division is now called 'Sensient Cosmetic Technologies'.

Kenneth P. Manning, Sensient Technologies' Chairman and CEO, joined the company in 1987 as Group Vice President. When Manning was named CEO of Universal Foods in 1996, he began steering the company in a new direction by building upon its strengths and knowledge in the areas of color and flavor, and accelerating its expansion by making strategic acquisitions. Since 1997, the corporation has acquired 20 companies.

In 2000 Universal Foods changed its name to Sensient Technologies Corporation.

Following this name change, Sensient sold Red Star Yeast in 2001. Sensient's acquisitions have dramatically strengthened its existing businesses and allowed it to enter new markets around the world. The acquisitions have provided the foundation for a transformed company whose focus is now on operations. Sensient is a specialty chemicals company that concentrates on core technologies and markets where it can add value.

Sensient Natural Ingredients received Non-GMO Project Verification for its California-grown garlic, onion and parsley in March 2016.

Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q3 2022 2022-10-21 Future report Set alerts
Q2 2022 2022-07-22 0.92 0.92
Q1 2022 2022-04-29 0.88 0.88
Q4 2021 2022-02-11 0.73 0.73
Q3 2021 2021-10-15 0.85 0.85
Q2 2021 2021-07-23 0.79 0.79
Q1 2021 2021-04-23 0.77 0.77
Q4 2020 2021-02-12 0.61 0.61
Q3 2020 2020-10-16 0.00 0.00
Q2 2020 2020-07-17 0.70 0.72

Ratings

2016-02-09 Reiterated Rating KeyBanc Buy $71.00 to $66.00
2016-02-09 Reiterated Rating KeyCorp Buy $71.00 to $66.00
2016-02-08 Upgrade Gabelli Hold to Buy $71.00
2016-02-05 Lower Price Target BB&T Corp. Buy $75.00
2016-01-15 Lower Price Target KeyBanc $73.00 to $71.00
2016-01-14 Lower Price Target BB&T Corp. $79.00 to $76.00
2015-04-14 Boost Price Target KeyBanc Overweight $68.00 to $73.00
2015-03-31 Initiated Coverage BB&T Corp. Buy $81.00
2015-02-09 Downgrade Gabelli Buy to Hold
2015-01-14 Initiated Coverage Piper Jaffray Overweight $70.00
2015-01-14 Initiated Coverage Piper Jaffray Cos. Overweight $70.00
2014-03-05 Boost Price Target KeyBanc $56.00 to $63.00
2014-01-09 Upgrade KeyBanc Hold to Buy $56.00
2011-02-07 Downgrade Oppenheimer Outperform to Perform
2008-04-22 Downgrade KeyBanc Capital Mkts Buy to Hold
2007-07-31 Upgrade KeyBanc Capital Mkts / McDonald Hold to Buy $31
2007-02-13 Downgrade KeyBanc Capital Mkts / McDonald Buy to Hold
2016-02-09 Reiterated Rating KeyBanc Buy $71.00 to $66.00
2016-02-09 Reiterated Rating KeyCorp Buy $71.00 to $66.00
2016-02-08 Upgrade Gabelli Hold to Buy $71.00
2016-02-05 Lower Price Target BB&T Corp. Buy $75.00
2016-01-15 Lower Price Target KeyBanc $73.00 to $71.00

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks
MANNING KENNETH P Chairman, President and CEO 0.60%  (288807) SEE / SXT /
ROLFS STEPHEN J VP Administration 0.20%  (95082) SXT /
Wilkins Robert President, Asia Pacific Group 0.16%  (75280) SXT /
HOBBS RICHARD F Senior VP & CFO 0.14%  (66448) SXT /
Manning Paul President, Color Group 0.13%  (63882) SXT /
HAMMOND JOHN L Senior VP, Gen Counsel & Secy 0.12%  (58111) SXT /
Collopy John V.P. and Treasurer 0.10%  (46702) SXT /
HICKEY WILLIAM V 0.07%  (36053) PEG / SEE / SXT /
BROWN HANK 0.05%  (25659) SEE / SXT /
WEDRAL ELAINE R 0.05%  (25192) BCPC / SXT /
Daniels Christopher M VP Human Resources 0.05%  (24650) SXT /
CROFT JAMES AD 0.05%  (24548) SXT /
CLYDESDALE FERGUS M 0.05%  (24087) SXT /
Makal Jeffrey VP Controller & CAO 0.04%  (18326) SXT /
WHITELAW ESSIE 0.03%  (16864) SXT /
McCarthy James Pres, Flavors & Fragrances Grp 0.03%  (15423) SXT /
Geraghty Michael C President, Color Group 0.03%  (12111) SXT /
MALIN RICHARD Assistant Controller 0.02%  (11746) SXT /
Salmon Peter M 0.02%  (10100) SXT /
CICHURSKI EDWARD H 0.02%  (8654) SXT /
CARLEONE JOSEPH 0.01%  (7193) APFC / PPHM / SXT /
McKeithan Gebhardt Deborah 0.01%  (7151) SXT /
Manning John J VP & Assistant General Counsel 0.01%  (5647) SXT /
LANDRY DONALD W 0.01%  (3487) SXT / TNXP /
Ferruzzi Mario 0.01%  (3463) SXT /