Robeco Schweiz AG Increases Holdings in Sensient Technologies Co. (NYSE:SXT)

Robeco Schweiz AG lifted its position in shares of Sensient Technologies Co. (NYSE:SXT) by 12.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 92,840 shares of the specialty chemicals company’s stock after buying an additional 10,500 shares during the period. Robeco Schweiz AG’s holdings in Sensient Technologies were worth $6,127,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Covestor Ltd increased its stake in Sensient Technologies by 32.2% in the 3rd quarter. Covestor Ltd now owns 1,087 shares of the specialty chemicals company’s stock worth $64,000 after purchasing an additional 265 shares during the period. BRYN MAWR TRUST Co increased its stake in Sensient Technologies by 0.5% in the 3rd quarter. BRYN MAWR TRUST Co now owns 60,126 shares of the specialty chemicals company’s stock worth $3,516,000 after purchasing an additional 270 shares during the period. CWM LLC increased its stake in Sensient Technologies by 30.5% in the 4th quarter. CWM LLC now owns 1,558 shares of the specialty chemicals company’s stock worth $103,000 after purchasing an additional 364 shares during the period. PNC Financial Services Group Inc. increased its stake in Sensient Technologies by 30.9% in the 3rd quarter. PNC Financial Services Group Inc. now owns 2,222 shares of the specialty chemicals company’s stock worth $130,000 after purchasing an additional 525 shares during the period. Finally, Moody National Bank Trust Division increased its stake in Sensient Technologies by 5.4% in the 4th quarter. Moody National Bank Trust Division now owns 10,521 shares of the specialty chemicals company’s stock worth $694,000 after purchasing an additional 540 shares during the period. 90.86% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Sensient Technologies

In related news, insider Steven B. Morris sold 400 shares of Sensient Technologies stock in a transaction that occurred on Tuesday, April 30th. The stock was sold at an average price of $72.97, for a total transaction of $29,188.00. Following the sale, the insider now directly owns 4,082 shares in the company, valued at $297,863.54. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other Sensient Technologies news, insider Steven B. Morris sold 400 shares of the business’s stock in a transaction on Tuesday, April 30th. The stock was sold at an average price of $72.97, for a total value of $29,188.00. Following the sale, the insider now directly owns 4,082 shares of the company’s stock, valued at $297,863.54. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Essie Whitelaw sold 600 shares of the business’s stock in a transaction on Friday, May 10th. The stock was sold at an average price of $75.84, for a total value of $45,504.00. Following the completion of the sale, the director now directly owns 21,826 shares in the company, valued at $1,655,283.84. The disclosure for this sale can be found here. Insiders have sold 2,037 shares of company stock worth $153,245 over the last ninety days. 1.40% of the stock is owned by corporate insiders.

Sensient Technologies Trading Down 0.3 %

Shares of SXT traded down $0.22 during mid-day trading on Tuesday, hitting $75.47. 8,120 shares of the company’s stock traded hands, compared to its average volume of 203,409. The company has a quick ratio of 1.71, a current ratio of 4.31 and a debt-to-equity ratio of 0.60. Sensient Technologies Co. has a 1 year low of $52.90 and a 1 year high of $78.00. The firm has a market capitalization of $3.20 billion, a P/E ratio of 35.20 and a beta of 0.78. The business’s 50-day moving average price is $72.86 and its 200-day moving average price is $67.28.

Sensient Technologies (NYSE:SXT) last posted its earnings results on Friday, April 26th. The specialty chemicals company reported $0.79 earnings per share (EPS) for the quarter. Sensient Technologies had a return on equity of 11.40% and a net margin of 6.16%. The firm had revenue of $384.67 million for the quarter. As a group, sell-side analysts forecast that Sensient Technologies Co. will post 2.85 EPS for the current fiscal year.

Sensient Technologies Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, June 3rd. Investors of record on Monday, May 6th were given a dividend of $0.41 per share. The ex-dividend date was Friday, May 3rd. This represents a $1.64 annualized dividend and a dividend yield of 2.17%. Sensient Technologies’s dividend payout ratio is presently 76.28%.

Wall Street Analysts Forecast Growth

SXT has been the topic of a number of analyst reports. StockNews.com raised Sensient Technologies from a “hold” rating to a “buy” rating in a research note on Friday. Robert W. Baird boosted their target price on Sensient Technologies from $70.00 to $80.00 and gave the company an “outperform” rating in a research note on Monday, April 29th.

About Sensient Technologies

Sensient Technologies Corporation, together with its subsidiaries, develops, manufactures, and markets colors, flavors, and other specialty ingredients in North America, Europe, Asia, Australia, South America, and Africa. The company offers flavor-delivery systems, and compounded and blended products; ingredient products, such as essential oils, natural and synthetic flavors, and natural extracts; and chili powder, paprika, and chili pepper, as well as dehydrated vegetables comprising parsley, celery, and spinach to the food, beverage, and personal care industries.