Janus Henderson Group PLC Grows Position in Sensient Technologies Co. (NYSE:SXT)

Janus Henderson Group PLC raised its holdings in Sensient Technologies Co. (NYSE:SXT - Free Report) by 1.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,257,033 shares of the specialty chemicals company's stock after purchasing an additional 25,230 shares during the quarter. Janus Henderson Group PLC owned 5.33% of Sensient Technologies worth $160,836,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently bought and sold shares of the company. Kohmann Bosshard Financial Services LLC bought a new position in Sensient Technologies in the 4th quarter valued at $25,000. Jones Financial Companies Lllp grew its stake in Sensient Technologies by 18,766.7% in the 4th quarter. Jones Financial Companies Lllp now owns 566 shares of the specialty chemicals company's stock valued at $40,000 after purchasing an additional 563 shares during the period. Quarry LP bought a new position in Sensient Technologies in the 4th quarter valued at $50,000. R Squared Ltd bought a new position in Sensient Technologies in the 4th quarter valued at $65,000. Finally, Covestor Ltd grew its stake in Sensient Technologies by 49.4% in the 4th quarter. Covestor Ltd now owns 920 shares of the specialty chemicals company's stock valued at $66,000 after purchasing an additional 304 shares during the period. Institutional investors own 90.86% of the company's stock.

Analyst Ratings Changes

A number of research analysts have issued reports on SXT shares. StockNews.com downgraded Sensient Technologies from a "buy" rating to a "hold" rating in a research note on Saturday, March 22nd. Robert W. Baird upped their price target on Sensient Technologies from $85.00 to $93.00 and gave the company an "outperform" rating in a research report on Monday, April 28th.

Sensient Technologies Stock Performance

Shares of NYSE SXT traded down $0.13 during trading on Friday, reaching $94.41. 345,431 shares of the stock traded hands, compared to its average volume of 220,761. Sensient Technologies Co. has a 52-week low of $66.15 and a 52-week high of $98.27. The company has a debt-to-equity ratio of 0.58, a current ratio of 3.55 and a quick ratio of 1.34. The company has a 50-day moving average of $80.32 and a 200-day moving average of $76.49. The stock has a market capitalization of $4.01 billion, a P/E ratio of 32.11 and a beta of 0.58.

Sensient Technologies (NYSE:SXT - Get Free Report) last issued its quarterly earnings results on Friday, April 25th. The specialty chemicals company reported $0.86 EPS for the quarter, beating analysts' consensus estimates of $0.82 by $0.04. Sensient Technologies had a return on equity of 11.93% and a net margin of 8.01%. The firm had revenue of $392.33 million for the quarter, compared to analysts' expectations of $387.70 million. During the same quarter in the prior year, the firm earned $0.73 EPS. The business's revenue for the quarter was up 2.0% compared to the same quarter last year. Analysts forecast that Sensient Technologies Co. will post 3.1 EPS for the current fiscal year.

Sensient Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 2nd. Investors of record on Monday, May 12th will be issued a dividend of $0.41 per share. The ex-dividend date of this dividend is Monday, May 12th. This represents a $1.64 dividend on an annualized basis and a yield of 1.74%. Sensient Technologies's dividend payout ratio (DPR) is 54.30%.

Insider Buying and Selling

In related news, Director Mario Ferruzzi sold 1,668 shares of the stock in a transaction dated Friday, May 9th. The stock was sold at an average price of $95.45, for a total transaction of $159,210.60. Following the sale, the director now owns 7,946 shares of the company's stock, valued at approximately $758,445.70. This represents a 17.35% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 1.20% of the stock is currently owned by insiders.

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.