Dimensional Fund Advisors LP Has $68.40 Million Position in Sensient Technologies Co. (NYSE:SXT)

Dimensional Fund Advisors LP boosted its holdings in shares of Sensient Technologies Co. (NYSE:SXT – Get Rating) by 0.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 937,989 shares of the specialty chemicals company’s stock after buying an additional 1,325 shares during the period. Dimensional Fund Advisors LP owned about 2.23% of Sensient Technologies worth $68,399,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of SXT. Belpointe Asset Management LLC acquired a new stake in Sensient Technologies during the fourth quarter worth $31,000. Quadrant Capital Group LLC boosted its stake in Sensient Technologies by 160.7% during the third quarter. Quadrant Capital Group LLC now owns 477 shares of the specialty chemicals company’s stock worth $33,000 after buying an additional 294 shares in the last quarter. Covestor Ltd boosted its stake in Sensient Technologies by 88.1% during the first quarter. Covestor Ltd now owns 489 shares of the specialty chemicals company’s stock worth $41,000 after buying an additional 229 shares in the last quarter. Valley National Advisers Inc. boosted its stake in Sensient Technologies by 39.6% during the third quarter. Valley National Advisers Inc. now owns 1,044 shares of the specialty chemicals company’s stock worth $75,000 after buying an additional 296 shares in the last quarter. Finally, Point72 Hong Kong Ltd acquired a new stake in Sensient Technologies during the third quarter worth $76,000. Institutional investors and hedge funds own 87.30% of the company’s stock.

Sensient Technologies Stock Performance

Shares of NYSE:SXT opened at $72.00 on Friday. The stock has a market capitalization of $3.04 billion, a P/E ratio of 22.09 and a beta of 0.89. Sensient Technologies Co. has a 1-year low of $63.17 and a 1-year high of $89.34. The company has a current ratio of 4.09, a quick ratio of 1.65 and a debt-to-equity ratio of 0.66. The business has a 50-day moving average price of $74.31 and a two-hundred day moving average price of $74.13.

Sensient Technologies (NYSE:SXT – Get Rating) last announced its quarterly earnings data on Friday, April 28th. The specialty chemicals company reported $0.80 earnings per share for the quarter, topping the consensus estimate of $0.78 by $0.02. The firm had revenue of $369.00 million during the quarter, compared to analysts’ expectations of $369.87 million. Sensient Technologies had a return on equity of 13.76% and a net margin of 9.48%. The company’s quarterly revenue was up 3.8% compared to the same quarter last year. During the same period in the previous year, the business posted $0.88 EPS.

Sensient Technologies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 1st. Stockholders of record on Monday, May 8th will be paid a $0.41 dividend. The ex-dividend date of this dividend is Friday, May 5th. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.28%. Sensient Technologies’s dividend payout ratio (DPR) is presently 50.31%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com started coverage on shares of Sensient Technologies in a research note on Thursday, May 18th. They issued a “hold” rating on the stock.

Sensient Technologies Company Profile

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Sensient Technologies Corp. engages in the manufacture of colors, flavors, and fragrances. It operates through the following segments: Flavors and Fragrances Group, Color Group, and Asia Pacific Group. The Flavors and Fragrances segment includes beverage flavors, bionutrients, savory flavors, sweet flavors, natural ingredients, and fragrance compounds and ingredients.