Sensient Technologies Corporation $SXT Shares Purchased by CW Advisors LLC

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 boosted its position in Sensient Technologies Corporation (NYSE:SXT - Free Report) by 1,439.8% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 94,156 shares of the specialty chemicals company's stock after buying an additional 88,041 shares during the quarter. CW Advisors LLC owned 0.22% of Sensient Technologies worth $7,008,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. Dimensional Fund Advisors LP increased its holdings in Sensient Technologies by 2.2% during the 4th 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 grew its position in shares of Sensient Technologies by 4.4% during the fourth quarter. MetLife Investment Management LLC now owns 25,382 shares of the specialty chemicals company's stock worth $1,809,000 after buying an additional 1,072 shares in the last quarter. Tower Research Capital LLC TRC increased its stake 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 buying an additional 2,470 shares during the last quarter. State of Tennessee Department of Treasury raised its holdings in 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 valued at $1,403,000 after acquiring an additional 743 shares in the last quarter. Finally, Hsbc Holdings PLC boosted its stake in Sensient Technologies by 14.7% during the 4th quarter. Hsbc Holdings PLC now owns 7,178 shares of the specialty chemicals company's stock valued at $513,000 after acquiring an additional 919 shares during the last quarter. 90.86% of the stock is currently owned by institutional investors and hedge funds.

Sensient Technologies Stock Performance

NYSE SXT traded up $0.25 on Thursday, hitting $113.79. The stock had a trading volume of 64,279 shares, compared to its average volume of 374,137. The company's 50-day moving average is $109.58 and its two-hundred day moving average is $91.41. The stock has a market cap of $4.83 billion, a price-to-earnings ratio of 35.89 and a beta of 0.58. The company has a quick ratio of 1.78, a current ratio of 4.25 and a debt-to-equity ratio of 0.61. Sensient Technologies Corporation has a one year low of $66.14 and a one year high of $121.54.

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

Sensient Technologies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 2nd. Stockholders of record on Monday, August 4th will be issued 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 (DPR) is 51.74%.

Analysts Set New Price Targets

SXT has been the subject of several research analyst reports. Robert W. Baird boosted their target price 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 began coverage on Sensient Technologies in a report on Tuesday, June 10th. They issued a "market perform" rating and a $95.00 price objective for the company. One investment analyst has 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 presently has a consensus rating of "Moderate Buy" and an average target price of $110.00.

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.