Boston Trust Walden Corp Sells 5,938 Shares of Sensient Technologies Corporation (NYSE:SXT)

Boston Trust Walden Corp trimmed its holdings in Sensient Technologies Corporation (NYSE:SXT - Free Report) by 1.1% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 513,134 shares of the specialty chemicals company's stock after selling 5,938 shares during the quarter. Boston Trust Walden Corp owned 1.21% of Sensient Technologies worth $38,193,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Kohmann Bosshard Financial Services LLC purchased a new stake in Sensient Technologies during the fourth quarter valued at about $25,000. GAMMA Investing LLC lifted its stake in Sensient Technologies by 132.6% during 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 in the last quarter. Jones Financial Companies Lllp lifted its stake in Sensient Technologies by 18,766.7% during the fourth quarter. Jones Financial Companies Lllp now owns 566 shares of the specialty chemicals company's stock valued at $40,000 after buying an additional 563 shares in the last quarter. Quarry LP purchased a new stake in Sensient Technologies during the fourth quarter valued at about $50,000. Finally, Covestor Ltd lifted its stake in Sensient Technologies by 49.4% during the fourth quarter. Covestor Ltd now owns 920 shares of the specialty chemicals company's stock valued at $66,000 after buying an additional 304 shares in the last quarter. 90.86% of the stock is owned by institutional investors and hedge funds.

Sensient Technologies Stock Up 2.5%

NYSE:SXT traded up $2.45 during mid-day trading on Monday, reaching $98.34. The stock had a trading volume of 365,614 shares, compared to its average volume of 230,728. The business's 50 day moving average is $91.66 and its 200 day moving average is $79.61. Sensient Technologies Corporation has a fifty-two week low of $66.15 and a fifty-two week high of $98.48. The stock has a market cap of $4.18 billion, a P/E ratio of 32.56 and a beta of 0.56. The company has a debt-to-equity ratio of 0.62, a current ratio of 4.34 and a quick ratio of 1.74.

Sensient Technologies (NYSE:SXT - Get Free Report) last released its quarterly earnings data on Friday, April 25th. The specialty chemicals company reported $0.86 EPS for the quarter, topping analysts' consensus estimates of $0.82 by $0.04. Sensient Technologies had a return on equity of 12.14% and a net margin of 8.19%. The firm had revenue of $392.33 million for the quarter, compared to the consensus estimate of $387.70 million. During the same quarter in the prior year, the company posted $0.73 earnings per share. The firm's revenue was up 2.0% on a year-over-year basis. As a group, sell-side analysts predict that Sensient Technologies Corporation will post 3.1 earnings per share for the current year.

Sensient Technologies Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 2nd. Shareholders of record on Monday, May 12th were issued a dividend of $0.41 per share. The ex-dividend date was Monday, May 12th. This represents a $1.64 annualized dividend and a yield of 1.67%. Sensient Technologies's dividend payout ratio (DPR) is presently 54.30%.

Insider Transactions at Sensient Technologies

In other Sensient Technologies news, Director Mario Ferruzzi sold 1,668 shares of Sensient Technologies stock in a transaction on Friday, May 9th. The shares were sold at an average price of $95.45, for a total transaction of $159,210.60. Following the sale, the director now owns 7,946 shares in the company, valued at $758,445.70. The trade was a 17.35% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 1.20% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research firms have commented on SXT. Wall Street Zen lowered shares of Sensient Technologies from a "buy" rating to a "hold" rating in a research note on Saturday, March 22nd. CJS Securities assumed coverage on shares of Sensient Technologies in a research report on Tuesday, June 10th. They issued a "market perform" rating and a $95.00 price target for the company. Finally, Robert W. Baird increased their price target on shares of Sensient Technologies from $85.00 to $93.00 and gave the stock an "outperform" rating in a research report on Monday, April 28th.

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.