Sensient Technologies Corporation $SXT Shares Acquired by Graham Capital Management L.P.

Key Points

• Graham Capital Management L.P. increased its stake in Sensient Technologies by 52.6%, acquiring a total of 17,798 shares valued at approximately $1.325 million.
• Multiple institutional investors, including GAMMA Investing LLC and Russell Investments Group Ltd., have also significantly boosted their holdings in Sensient, indicating strong institutional interest with 90.86% of the stock owned by institutional investors.
• Sensient Technologies recently reported an EPS of $0.94, surpassing analyst expectations, while announcing a quarterly dividend of $0.41, resulting in an annual yield of 1.5%.

Graham Capital Management L.P. raised its holdings in Sensient Technologies Corporation (NYSE:SXT - Free Report) by 52.6% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 17,798 shares of the specialty chemicals company's stock after acquiring an additional 6,135 shares during the period. Graham Capital Management L.P.'s holdings in Sensient Technologies were worth $1,325,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Freemont Capital Pte Ltd purchased a new position in Sensient Technologies in the 4th quarter worth approximately $449,288,000. Congress Asset Management Co. bought a new stake in shares of Sensient Technologies during the first quarter valued at approximately $49,984,000. Nuveen LLC bought a new stake in shares of Sensient Technologies during the first quarter valued at approximately $24,434,000. Armistice Capital LLC boosted its position in shares of Sensient Technologies by 57.1% during the first quarter. Armistice Capital LLC now owns 549,827 shares of the specialty chemicals company's stock valued at $40,924,000 after purchasing an additional 199,827 shares in the last quarter. Finally, Cramer Rosenthal Mcglynn LLC purchased a new position in Sensient Technologies during the first quarter valued at $11,251,000. Hedge funds and other institutional investors own 90.86% of the company's stock.

Analyst Ratings Changes

SXT has been the topic of a number of research analyst reports. CJS Securities initiated coverage on Sensient Technologies in a report on Tuesday, June 10th. They set a "market perform" rating and a $95.00 price target on the stock. Robert W. Baird increased their target price on Sensient Technologies from $93.00 to $125.00 and gave the company an "outperform" rating in a report on Thursday, July 3rd. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, Sensient Technologies currently has an average rating of "Moderate Buy" and a consensus price target of $110.00.

Sensient Technologies Trading Up 0.5%

Shares of SXT stock traded up $0.52 on Monday, reaching $113.36. 33,508 shares of the company's stock were exchanged, compared to its average volume of 370,971. The company has a current ratio of 4.25, a quick ratio of 1.78 and a debt-to-equity ratio of 0.61. The company's fifty day simple moving average is $111.74 and its 200 day simple moving average is $93.62. The stock has a market capitalization of $4.81 billion, a PE ratio of 35.76 and a beta of 0.57. Sensient Technologies Corporation has a 52 week low of $66.14 and a 52 week high of $121.54.

Sensient Technologies (NYSE:SXT - Get Free Report) last announced its quarterly earnings results on Friday, July 25th. The specialty chemicals company reported $0.94 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 for the quarter, compared to the consensus estimate of $417.60 million. During the same period last year, the business posted $0.77 EPS. The business's revenue was up 2.7% compared to the same quarter last year. Sensient Technologies has set its FY 2025 guidance at 3.130-3.230 EPS. As a group, analysts forecast that Sensient Technologies Corporation will post 3.1 EPS for the current year.

Sensient Technologies Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 2nd. Shareholders of record on Monday, August 4th were paid a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a yield of 1.4%. The ex-dividend date was Monday, August 4th. Sensient Technologies's payout ratio is presently 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.