TFO Wealth Partners LLC Increases Position in Sensient Technologies Co. (NYSE:SXT)

TFO Wealth Partners LLC boosted its stake in Sensient Technologies Co. (NYSE:SXTFree Report) by 44,075.0% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,767 shares of the specialty chemicals company’s stock after acquiring an additional 1,763 shares during the period. TFO Wealth Partners LLC’s holdings in Sensient Technologies were worth $117,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Covestor Ltd increased its holdings in shares of Sensient Technologies by 32.2% in the third quarter. Covestor Ltd now owns 1,087 shares of the specialty chemicals company’s stock valued at $64,000 after purchasing an additional 265 shares during the period. CWM LLC raised its position in Sensient Technologies by 30.5% during the 4th quarter. CWM LLC now owns 1,558 shares of the specialty chemicals company’s stock worth $103,000 after buying an additional 364 shares during the last quarter. PNC Financial Services Group Inc. lifted its stake in shares of Sensient Technologies by 30.9% in the 3rd quarter. PNC Financial Services Group Inc. now owns 2,222 shares of the specialty chemicals company’s stock worth $130,000 after acquiring an additional 525 shares during the period. Healthcare of Ontario Pension Plan Trust Fund purchased a new stake in shares of Sensient Technologies in the third quarter valued at about $175,000. Finally, Janney Capital Management LLC acquired a new position in shares of Sensient Technologies during the fourth quarter worth about $209,000. 90.86% of the stock is owned by hedge funds and other institutional investors.

Sensient Technologies Trading Down 1.0 %

Shares of SXT stock opened at $75.75 on Wednesday. The business’s fifty day moving average price is $72.40 and its 200 day moving average price is $66.89. The firm has a market capitalization of $3.21 billion, a PE ratio of 35.23 and a beta of 0.78. The company has a debt-to-equity ratio of 0.60, a current ratio of 4.31 and a quick ratio of 1.71. Sensient Technologies Co. has a 1-year low of $52.90 and a 1-year high of $78.70.

Sensient Technologies (NYSE:SXTGet Free Report) last posted its quarterly earnings results on Friday, April 26th. The specialty chemicals company reported $0.79 earnings per share for the quarter. Sensient Technologies had a net margin of 6.16% and a return on equity of 11.40%. The business had revenue of $384.67 million for the quarter. As a group, sell-side analysts forecast that Sensient Technologies Co. will post 2.85 EPS for the current fiscal year.

Sensient Technologies Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 3rd. Stockholders of record on Monday, May 6th were given a dividend of $0.41 per share. The ex-dividend date was Friday, May 3rd. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.17%. Sensient Technologies’s payout ratio is 76.28%.

Insider Transactions at Sensient Technologies

In related news, Director Essie Whitelaw sold 600 shares of Sensient Technologies stock in a transaction on Friday, May 10th. The stock was sold at an average price of $75.84, for a total transaction of $45,504.00. Following the completion of the transaction, the director now directly owns 21,826 shares of the company’s stock, valued at $1,655,283.84. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other news, Director Essie Whitelaw sold 600 shares of the firm’s stock in a transaction on Friday, May 10th. The stock was sold at an average price of $75.84, for a total value of $45,504.00. Following the completion of the transaction, the director now owns 21,826 shares in the company, valued at $1,655,283.84. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, insider Steven B. Morris sold 400 shares of the business’s stock in a transaction dated Tuesday, April 30th. The stock was sold at an average price of $72.97, for a total transaction of $29,188.00. Following the completion of the sale, the insider now owns 4,082 shares in the company, valued at $297,863.54. The disclosure for this sale can be found here. Insiders have sold 2,037 shares of company stock valued at $153,245 in the last quarter. 1.40% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Separately, Robert W. Baird raised their price objective on shares of Sensient Technologies from $70.00 to $80.00 and gave the company an “outperform” rating in a research report on Monday, April 29th.

Get Our Latest Report on Sensient Technologies

Sensient Technologies 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.

See Also

Want to see what other hedge funds are holding SXT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Sensient Technologies Co. (NYSE:SXTFree Report).

Institutional Ownership by Quarter for Sensient Technologies (NYSE:SXT)

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