Sensient Technologies Corporation $SXT Shares Sold by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. decreased its position in shares of Sensient Technologies Corporation (NYSE:SXT - Free Report) by 1.1% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 594,720 shares of the specialty chemicals company's stock after selling 6,313 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 1.40% of Sensient Technologies worth $44,265,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently bought and sold shares of the stock. GAMMA Investing LLC lifted its position in Sensient Technologies by 132.6% in 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 during the last quarter. Quarry LP purchased a new stake in Sensient Technologies during the fourth quarter worth about $50,000. CWM LLC increased its stake in Sensient Technologies by 8.6% during the first quarter. CWM LLC now owns 1,894 shares of the specialty chemicals company's stock worth $141,000 after purchasing an additional 150 shares during the period. State of Wyoming increased its stake in Sensient Technologies by 52.9% during the fourth quarter. State of Wyoming now owns 1,913 shares of the specialty chemicals company's stock worth $136,000 after purchasing an additional 662 shares during the period. Finally, Point72 Hong Kong Ltd purchased a new stake in Sensient Technologies during the fourth quarter worth about $155,000. Institutional investors and hedge funds own 90.86% of the company's stock.

Wall Street Analyst Weigh In

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

Sensient Technologies Stock Up 1.5%

SXT traded up $1.7560 on Friday, reaching $116.1260. The company's stock had a trading volume of 80,870 shares, compared to its average volume of 372,055. The stock has a 50 day moving average of $108.09 and a two-hundred day moving average of $90.38. The company has a quick ratio of 1.78, a current ratio of 4.25 and a debt-to-equity ratio of 0.61. The company has a market capitalization of $4.93 billion, a price-to-earnings ratio of 36.58 and a beta of 0.58. Sensient Technologies Corporation has a fifty-two week low of $66.14 and a fifty-two 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. The firm had revenue of $414.23 million during the quarter, compared to the consensus estimate of $417.60 million. Sensient Technologies had a return on equity of 12.56% and a net margin of 8.56%.The firm's quarterly revenue was up 2.7% compared to the same quarter last year. During the same period in the prior year, the company posted $0.77 earnings per share. 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 fiscal year.

Sensient Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 2nd. Stockholders of record on Monday, August 4th will be issued a $0.41 dividend. This represents a $1.64 annualized dividend 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 presently 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.