2 weeks Ago By Defense World Staff
Charles Schwab Investment Management Inc. lifted its stake in shares of Sensient Technologies Co. (NYSE:SXT – Free Report) by 1.
8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 601,033 shares of the specialty chemicals company’s stock after purchasing an additional 10,884 shares during the quarter. Charles Schwab Investment Management Inc.
owned 1.42% of Sensient Technologies worth $42,830,000 as of its most recent SEC filing. A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock.
Franklin Resources Inc. grew its position in Sensient Technologies by 4.8% during the third quarter.
Franklin Resources Inc. now owns 3,462 shares of the specialty chemicals company’s stock worth $270,000 after buying an additional 160 shares in the last quarter. Versor Investments LP grew its position in Sensient Technologies by 5.
1% during the fourth quarter. Versor Investments LP now owns 4,521 shares of the specialty chemicals company’s stock worth $322,000 after buying an additional 221 shares in the last quarter. Kohmann Bosshard Financial Services LLC purchased a new position in Sensient Technologies during the fourth quarter worth about $25,000.
Inspire Investing LLC grew its position in Sensient Technologies by 9.1% during the fourth quarter. Inspire Investing LLC now owns 5,617 shares of the specialty chemicals company’s stock worth $400,000 after buying an additional 470 shares in the last quarter.
Finally, SG Americas Securities LLC grew its position in Sensient Technologies by 32.0% during the fourth quarter. SG Americas Securities LLC now owns 2,229 shares of the specialty chemicals company’s stock worth $159,000 after buying an additional 541 shares in the last quarter.
90.86% of the stock is currently owned by institutional investors. Sensient Technologies Price PerformanceSXT opened at $73.
23 on Friday. The stock has a 50-day moving average price of $72.70 and a 200-day moving average price of $75.
28. Sensient Technologies Co. has a 12-month low of $66.
15 and a 12-month high of $82.99. The company has a current ratio of 3.
55, a quick ratio of 1.34 and a debt-to-equity ratio of 0.58.
The stock has a market capitalization of $3.10 billion, a P/E ratio of 24.91 and a beta of 0.
71. Sensient Technologies (NYSE:SXT – Get Free Report) last posted its quarterly earnings data on Friday, February 14th. The specialty chemicals company reported $0.
65 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.64 by $0.01.
Sensient Technologies had a return on equity of 11.93% and a net margin of 8.01%.
The firm had revenue of $376.40 million during the quarter, compared to analysts’ expectations of $375.10 million.
During the same period in the prior year, the business earned $0.51 EPS. The company’s revenue for the quarter was up 7.
8% compared to the same quarter last year. Equities analysts predict that Sensient Technologies Co. will post 3.
1 earnings per share for the current fiscal year. Sensient Technologies Dividend AnnouncementThe company also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 4th were issued a $0.
41 dividend. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.
24%. The ex-dividend date was Tuesday, February 4th. Sensient Technologies’s payout ratio is currently 55.
78%. Analyst Upgrades and DowngradesSeparately, StockNews.com upgraded Sensient Technologies from a “hold” rating to a “buy” rating in a research report on Friday.
Check Out Our Latest Research Report on SXTSensient Technologies Company Profile (Free Report)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.Featured ArticlesFive stocks we like better than Sensient TechnologiesHow Investors Can Find the Best Cheap Dividend StocksRubrik Stock’s V-Bottom Reversal Signals a Major Rally AheadStock Sentiment Analysis: How it WorksHow Super Micro Computer Stock Is Defying the Market Sell-OffBest of the list of Dividend Aristocrats: Build wealth with the aristocrat indexAppLovin vs.
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