Trexquant Investment LP Sells 7,890 Shares of Sensient Technologies Corporation $SXT

Key Points

• Trexquant Investment LP has decreased its stake in Sensient Technologies Corporation by 20.7%, now holding approximately 0.07% of the company valued at $2.25 million after selling 7,890 shares in Q1.
• The company reported EPS of $0.94 for the most recent quarter, surpassing the consensus estimate of $0.88, with revenues reaching $414.23 million.
• Sensient Technologies has declared a quarterly dividend of $0.41 per share, which represents a 1.5% yield based on an annualized amount of $1.64.

Trexquant Investment LP lowered its holdings in Sensient Technologies Corporation (NYSE:SXT - Free Report) by 20.7% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 30,303 shares of the specialty chemicals company's stock after selling 7,890 shares during the period. Trexquant Investment LP owned approximately 0.07% of Sensient Technologies worth $2,255,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. GAMMA Investing LLC boosted its position in Sensient Technologies by 132.6% during the 1st quarter. GAMMA Investing LLC now owns 435 shares of the specialty chemicals company's stock worth $32,000 after acquiring an additional 248 shares during the period. Russell Investments Group Ltd. grew its holdings in shares of Sensient Technologies by 52.5% during the 1st quarter. Russell Investments Group Ltd. now owns 1,257 shares of the specialty chemicals company's stock valued at $94,000 after acquiring an additional 433 shares in the last quarter. State of Wyoming raised its holdings in shares of 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 acquiring an additional 662 shares in the last quarter. CWM LLC grew its stake in Sensient Technologies by 8.6% in the first quarter. CWM LLC now owns 1,894 shares of the specialty chemicals company's stock valued at $141,000 after purchasing an additional 150 shares in the last quarter. Finally, Point72 Hong Kong Ltd purchased a new stake in shares of Sensient Technologies during the 4th quarter worth about $155,000. 90.86% of the stock is owned by institutional investors and hedge funds.

Sensient Technologies Stock Performance

NYSE SXT traded up $0.35 during midday trading on Monday, hitting $113.19. The company had a trading volume of 305,848 shares, compared to its average volume of 372,596. The firm has a fifty day simple moving average of $111.74 and a two-hundred day simple moving average of $93.62. The stock has a market cap of $4.81 billion, a price-to-earnings ratio of 35.71 and a beta of 0.57. 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 fifty-two week low of $66.14 and a fifty-two week high of $121.54.

Sensient Technologies (NYSE:SXT - Get Free Report) last released its earnings results on Friday, July 25th. The specialty chemicals company reported $0.94 earnings per share for the quarter, beating the consensus estimate of $0.88 by $0.06. Sensient Technologies had a net margin of 8.56% and a return on equity of 12.56%. The business had revenue of $414.23 million during the quarter, compared to analysts' expectations of $417.60 million. During the same quarter last year, the company earned $0.77 earnings per share. The firm'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. Equities analysts forecast that Sensient Technologies Corporation will post 3.1 earnings per share for the current fiscal year.

Sensient Technologies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Investors of record on Monday, August 4th were paid a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date was Monday, August 4th. Sensient Technologies's dividend payout ratio is presently 51.74%.

Analysts Set New Price Targets

Several equities analysts recently weighed in on SXT shares. CJS Securities initiated 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 objective on the stock. Robert W. Baird increased 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. 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, the company presently has a consensus rating of "Moderate Buy" and an average price target of $110.00.

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.