Sensient Technologies Co. (NYSE:SXT) Stock Holdings Boosted by Invesco Ltd.

Invesco Ltd. increased its position in Sensient Technologies Co. (NYSE:SXT - Free Report) by 4.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 185,490 shares of the specialty chemicals company's stock after purchasing an additional 7,148 shares during the quarter. Invesco Ltd. owned 0.44% of Sensient Technologies worth $13,218,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Bank of Montreal Can grew its position in shares of Sensient Technologies by 5.1% during the fourth quarter. Bank of Montreal Can now owns 6,914 shares of the specialty chemicals company's stock worth $493,000 after buying an additional 338 shares in the last quarter. Dynamic Technology Lab Private Ltd bought a new position in Sensient Technologies during the 4th quarter valued at $249,000. Wells Fargo & Company MN grew its holdings in Sensient Technologies by 13.6% during the 4th quarter. Wells Fargo & Company MN now owns 55,482 shares of the specialty chemicals company's stock worth $3,954,000 after acquiring an additional 6,624 shares in the last quarter. ExodusPoint Capital Management LP raised its stake in shares of Sensient Technologies by 41.3% in the 4th quarter. ExodusPoint Capital Management LP now owns 7,844 shares of the specialty chemicals company's stock valued at $559,000 after purchasing an additional 2,291 shares in the last quarter. Finally, Trexquant Investment LP lifted its position in shares of Sensient Technologies by 165.6% during the fourth quarter. Trexquant Investment LP now owns 38,193 shares of the specialty chemicals company's stock worth $2,722,000 after purchasing an additional 23,813 shares during the last quarter. 90.86% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, StockNews.com lowered Sensient Technologies from a "buy" rating to a "hold" rating in a report on Saturday, March 22nd.

Sensient Technologies Stock Performance

Sensient Technologies stock traded up $10.90 during mid-day trading on Friday, reaching $91.04. The company's stock had a trading volume of 1,458,610 shares, compared to its average volume of 202,746. The company has a current ratio of 3.55, a quick ratio of 1.34 and a debt-to-equity ratio of 0.58. Sensient Technologies Co. has a twelve month low of $66.15 and a twelve month high of $91.14. The business has a 50 day moving average price of $73.30 and a 200-day moving average price of $74.83. The firm has a market cap of $3.86 billion, a price-to-earnings ratio of 30.97 and a beta of 0.63.

Sensient Technologies (NYSE:SXT - Get Free Report) last posted its quarterly earnings results on Friday, April 25th. The specialty chemicals company reported $0.86 EPS for the quarter, beating the consensus estimate of $0.82 by $0.04. The business had revenue of $392.33 million during the quarter, compared to analyst estimates of $387.70 million. Sensient Technologies had a net margin of 8.01% and a return on equity of 11.93%. Sell-side analysts predict that Sensient Technologies Co. will post 3.1 EPS for the current fiscal year.

Sensient Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 2nd. Stockholders of record on Monday, May 12th will be given a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a dividend yield of 1.80%. The ex-dividend date is Monday, May 12th. Sensient Technologies's payout ratio is 55.78%.

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.