Sensient Technologies (NYSE:SXT) Director Essie Whitelaw Sells 3,985 Shares

Sensient Technologies Corporation (NYSE:SXT) Director Essie Whitelaw sold 3,985 shares of the firm’s stock in a transaction dated Wednesday, December 3rd. The stock was sold at an average price of $95.02, for a total value of $378,654.70. Following the sale, the director directly owned 17,128 shares in the company, valued at approximately $1,627,502.56. This trade represents a 18.87% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Essie Whitelaw also recently made the following trade(s):

• On Thursday, November 20th, Essie Whitelaw sold 533 shares of Sensient Technologies stock. The shares were sold at an average price of $93.22, for a total transaction of $49,686.26.

Sensient Technologies Price Performance

Shares of NYSE:SXT traded down $0.54 during trading on Friday, reaching $93.88. The stock had a trading volume of 8,244 shares, compared to its average volume of 389,530. Sensient Technologies Corporation has a 1-year low of $66.14 and a 1-year high of $121.54. The stock has a market cap of $3.99 billion, a PE ratio of 28.86 and a beta of 0.58. The business has a fifty day moving average price of $94.19 and a 200-day moving average price of $101.51. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.79 and a current ratio of 4.59.

Sensient Technologies (NYSE:SXT) last posted its quarterly earnings results on Friday, October 31st. The specialty chemicals company reported $0.96 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.90 by $0.06. The business had revenue of $412.11 million during the quarter, compared to analyst estimates of $407.45 million. Sensient Technologies had a return on equity of 12.91% and a net margin of 8.72%.The business’s revenue was up 5.0% compared to the same quarter last year. During the same period in the prior year, the business earned $0.80 earnings per share. Sensient Technologies has set its FY 2025 guidance at 3.130-3.230 EPS. On average, equities analysts forecast that Sensient Technologies Corporation will post 3.1 earnings per share for the current fiscal year.

Sensient Technologies Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, December 1st. Shareholders of record on Monday, November 10th were paid a dividend of $0.41 per share. The ex-dividend date was Monday, November 10th. This represents a $1.64 dividend on an annualized basis and a yield of 1.7%. Sensient Technologies’s dividend payout ratio is 50.15%.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “hold (c+)” rating on shares of Sensient Technologies in a research note on Monday. One equities research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, Sensient Technologies has a consensus rating of “Hold” and an average target price of $110.00.

Institutional Investors Weigh In On Sensient Technologies

A number of hedge funds and other institutional investors have recently modified their holdings of SXT. CIBC Bancorp USA Inc. acquired a new position in shares of Sensient Technologies during the third quarter worth $423,000. Voss Capital LP increased its holdings in shares of Sensient Technologies by 200.0% in the 3rd quarter. Voss Capital LP now owns 75,000 shares of the specialty chemicals company’s stock valued at $7,039,000 after acquiring an additional 50,000 shares during the last quarter. Coldstream Capital Management Inc. raised its position in shares of Sensient Technologies by 88.3% during the 3rd quarter. Coldstream Capital Management Inc. now owns 5,548 shares of the specialty chemicals company’s stock worth $521,000 after acquiring an additional 2,601 shares in the last quarter. Danske Bank A S purchased a new stake in Sensient Technologies during the third quarter worth approximately $47,000. Finally, Caitong International Asset Management Co. Ltd increased its stake in Sensient Technologies by 34,450.0% in the third quarter. Caitong International Asset Management Co. Ltd now owns 691 shares of the specialty chemicals company’s stock valued at $65,000 after purchasing an additional 689 shares during the last quarter. 90.86% of the stock is currently owned by institutional investors and hedge funds.

Sensient Technologies Company Profile

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.