Boston Trust Walden Corp Reduces Stake in Sensient Technologies Corporation $SXT

Key Points

• Boston Trust Walden Corp reduced its stake in Sensient Technologies by 2.4%, holding approximately 1.18% of the company, valued at $49.34 million as of the latest SEC filing.
• Sensient Technologies reported earnings of $0.94 per share for the last quarter, beating the consensus estimate by $0.06, while revenue showed a 2.7% year-over-year increase.
• The company announced a quarterly dividend of $0.41 per share, representing an annualized yield of 1.7% and a payout ratio of 51.74%.

Boston Trust Walden Corp lowered its position in Sensient Technologies Corporation (NYSE:SXT - Free Report) by 2.4% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 500,848 shares of the specialty chemicals company's stock after selling 12,286 shares during the period. Boston Trust Walden Corp owned approximately 1.18% of Sensient Technologies worth $49,344,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of SXT. GAMMA Investing LLC boosted its position in Sensient Technologies by 132.6% in the first quarter. GAMMA Investing LLC now owns 435 shares of the specialty chemicals company's stock valued at $32,000 after buying an additional 248 shares during the last quarter. ST Germain D J Co. Inc. purchased a new stake in Sensient Technologies in the second quarter valued at approximately $89,000. Russell Investments Group Ltd. boosted its position in Sensient Technologies by 52.5% in the first quarter. Russell Investments Group Ltd. now owns 1,257 shares of the specialty chemicals company's stock valued at $94,000 after buying an additional 433 shares during the last quarter. Strs Ohio acquired a new position in Sensient Technologies in the first quarter valued at approximately $119,000. Finally, CWM LLC boosted its position in Sensient Technologies by 8.6% in the 1st quarter. CWM LLC now owns 1,894 shares of the specialty chemicals company's stock worth $141,000 after purchasing an additional 150 shares in the last quarter. Hedge funds and other institutional investors own 90.86% of the company's stock.

Sensient Technologies Trading Up 1.8%

Shares of SXT stock opened at $95.27 on Wednesday. The company has a debt-to-equity ratio of 0.61, a current ratio of 4.25 and a quick ratio of 1.78. The company has a market cap of $4.05 billion, a price-to-earnings ratio of 30.05 and a beta of 0.56. The stock has a 50 day simple moving average of $106.17 and a 200-day simple moving average of $98.50. Sensient Technologies Corporation has a 1-year low of $66.14 and a 1-year high of $121.54.

Sensient Technologies (NYSE:SXT - Get Free Report) last announced its earnings results on Friday, July 25th. The specialty chemicals company reported $0.94 earnings per share for the quarter, topping the consensus estimate of $0.88 by $0.06. The business had revenue of $414.23 million during the quarter, compared to the consensus estimate of $417.60 million. Sensient Technologies had a return on equity of 12.56% and a net margin of 8.56%.The business's quarterly revenue was up 2.7% on a year-over-year basis. During the same period in the prior year, the company posted $0.77 EPS. Sensient Technologies has set its FY 2025 guidance at 3.130-3.230 EPS. On average, equities research analysts expect that Sensient Technologies Corporation will post 3.1 EPS for the current fiscal year.

Sensient Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Stockholders of record on Monday, August 4th were paid a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a dividend yield of 1.7%. The ex-dividend date of this dividend was Monday, August 4th. Sensient Technologies's dividend payout ratio is presently 51.74%.

Analyst Upgrades and Downgrades

Several research firms have commented on SXT. Weiss Ratings restated a "buy (b-)" rating on shares of Sensient Technologies in a research report on Wednesday, October 8th. Robert W. Baird upped their price objective on Sensient Technologies from $93.00 to $125.00 and gave the stock an "outperform" rating in a research report on Thursday, July 3rd. Two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $110.00.

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.

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