CW Advisors LLC Buys 88,041 Shares of Sensient Technologies Corporation $SXT

Key Points

• CW Advisors LLC significantly increased its stake in Sensient Technologies Corporation by 1,439.8%, now holding a total of 94,156 shares valued at approximately $7 million.
• Analysts have set a consensus target price of $110.00 for Sensient Technologies, with recent upgrades from Robert W. Baird raising the price objective from $93.00 to $125.00 and a general rating of "Moderate Buy."
• Sensient Technologies is set to pay a quarterly dividend of $0.41 per share on September 2nd, resulting in an annualized dividend yield of 1.4% and a payout ratio of 51.74%.

CW Advisors LLC increased its stake in Sensient Technologies Corporation (NYSE:SXT - Free Report) by 1,439.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 94,156 shares of the specialty chemicals company's stock after purchasing an additional 88,041 shares during the period. CW Advisors LLC owned approximately 0.22% of Sensient Technologies worth $7,008,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of SXT. Dimensional Fund Advisors LP increased its position in shares of Sensient Technologies by 2.2% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,223,728 shares of the specialty chemicals company's stock worth $87,203,000 after purchasing an additional 26,119 shares during the last quarter. MetLife Investment Management LLC increased its position in shares of Sensient Technologies by 4.4% in the fourth quarter. MetLife Investment Management LLC now owns 25,382 shares of the specialty chemicals company's stock worth $1,809,000 after purchasing an additional 1,072 shares during the last quarter. Tower Research Capital LLC TRC increased its position in shares of Sensient Technologies by 156.2% in the fourth quarter. Tower Research Capital LLC TRC now owns 4,051 shares of the specialty chemicals company's stock worth $289,000 after purchasing an additional 2,470 shares during the last quarter. State of Tennessee Department of Treasury increased its position in shares of Sensient Technologies by 3.9% in the fourth quarter. State of Tennessee Department of Treasury now owns 19,688 shares of the specialty chemicals company's stock worth $1,403,000 after purchasing an additional 743 shares during the last quarter. Finally, Hsbc Holdings PLC increased its position in shares of Sensient Technologies by 14.7% in the fourth quarter. Hsbc Holdings PLC now owns 7,178 shares of the specialty chemicals company's stock worth $513,000 after purchasing an additional 919 shares during the last quarter. 90.86% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the stock. Robert W. Baird upped their price objective on shares of Sensient Technologies from $93.00 to $125.00 and gave the stock an "outperform" rating in a research report on Thursday, July 3rd. CJS Securities started coverage on shares of Sensient Technologies in a research report on Tuesday, June 10th. They set a "market perform" rating and a $95.00 price target on the stock. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $110.00.

Sensient Technologies Stock Up 0.4%

Shares of NYSE SXT opened at $114.7810 on Friday. Sensient Technologies Corporation has a one year low of $66.14 and a one year high of $121.54. 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 firm's 50 day simple moving average is $108.49 and its two-hundred day simple moving average is $90.65. The stock has a market capitalization of $4.87 billion, a P/E ratio of 36.21 and a beta of 0.58.

Sensient Technologies (NYSE:SXT - Get Free Report) last released its quarterly earnings data on Friday, July 25th. The specialty chemicals company reported $0.94 earnings per share for the quarter, beating analysts' consensus estimates of $0.88 by $0.06. The firm had revenue of $414.23 million during the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.77 earnings per share. Sensient Technologies has set its FY 2025 guidance at 3.130-3.230 EPS. As a group, analysts expect that Sensient Technologies Corporation will post 3.1 EPS for the current fiscal year.

Sensient Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 2nd. Stockholders of record on Monday, August 4th will be paid a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Monday, August 4th. Sensient Technologies's dividend payout ratio is 51.74%.

Sensient Technologies 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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