Diversified Trust Co Sells 4,752 Shares of Sensient Technologies Corporation $SXT

Key Points

• Diversified Trust Co reduced its stake in Sensient Technologies Corporation by 47.2%, selling 4,752 shares during the second quarter, now holding 5,312 shares valued at $523,000.
• Several hedge funds, including GAMMA Investing LLC and Principal Financial Group Inc., increased their positions in Sensient Technologies, highlighting a strong interest from institutional investors who own 90.86% of the company's stock.
• Sensient Technologies reported an EPS of $0.94 for the last quarter, surpassing analysts' expectations of $0.88, and set its FY 2025 earnings guidance at 3.130-3.230 EPS.

Diversified Trust Co lessened its stake in Sensient Technologies Corporation (NYSE:SXT - Free Report) by 47.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 5,312 shares of the specialty chemicals company's stock after selling 4,752 shares during the quarter. Diversified Trust Co's holdings in Sensient Technologies were worth $523,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. GAMMA Investing LLC raised its holdings in shares of Sensient Technologies by 132.6% in the 1st quarter. GAMMA Investing LLC now owns 435 shares of the specialty chemicals company's stock worth $32,000 after purchasing an additional 248 shares during the period. Principal Financial Group Inc. grew its stake in Sensient Technologies by 2.3% in the 1st quarter. Principal Financial Group Inc. now owns 220,906 shares of the specialty chemicals company's stock valued at $16,442,000 after buying an additional 5,011 shares in the last quarter. Pacific Capital Partners Ltd purchased a new position in Sensient Technologies in the 2nd quarter valued at approximately $985,000. Oppenheimer Asset Management Inc. purchased a new position in Sensient Technologies in the 1st quarter valued at approximately $224,000. Finally, Graham Capital Management L.P. grew its stake in Sensient Technologies by 52.6% in the 1st quarter. Graham Capital Management L.P. now owns 17,798 shares of the specialty chemicals company's stock valued at $1,325,000 after buying an additional 6,135 shares in the last quarter. Institutional investors own 90.86% of the company's stock.

Analyst Ratings Changes

A number of research analysts recently weighed in on SXT shares. Robert W. Baird lifted their price objective on shares of Sensient Technologies from $93.00 to $125.00 and gave the company an "outperform" rating in a research note on Thursday, July 3rd. CJS Securities started coverage on shares of Sensient Technologies in a research note 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 stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $110.00.

Sensient Technologies Stock Down 1.1%

SXT opened at $100.40 on Wednesday. The company has a fifty day moving average price of $111.23 and a 200-day moving average price of $96.36. The firm has a market capitalization of $4.26 billion, a P/E ratio of 31.67 and a beta of 0.57. The company has a debt-to-equity ratio of 0.61, a current ratio of 4.25 and a quick ratio of 1.78. 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 released its quarterly earnings results on Friday, July 25th. The specialty chemicals company reported $0.94 EPS 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 net margin of 8.56% and a return on equity of 12.56%. The business's revenue for the quarter was up 2.7% on a year-over-year basis. During the same period in the previous year, the business earned $0.77 EPS. Sensient Technologies has set its FY 2025 guidance at 3.130-3.230 EPS. Equities research analysts expect that Sensient Technologies Corporation will post 3.1 earnings per share for the current fiscal year.

Sensient Technologies Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Investors of record on Monday, August 4th were given a $0.41 dividend. The ex-dividend date was Monday, August 4th. This represents a $1.64 annualized dividend and a yield of 1.6%. Sensient Technologies's payout ratio is 51.74%.

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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