Sensient Technologies Co. (NYSE:SXT) Shares Bought by Invesco Ltd.

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

Other large investors have also made changes to their positions in the company. Vanguard Group Inc. boosted its stake in Sensient Technologies by 0.7% during the fourth quarter. Vanguard Group Inc. now owns 5,064,724 shares of the specialty chemicals company’s stock worth $360,912,000 after buying an additional 36,406 shares during the last quarter. Norges Bank purchased a new stake in shares of Sensient Technologies in the fourth quarter valued at about $45,757,000. Charles Schwab Investment Management Inc. increased its position in Sensient Technologies by 1.8% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 601,033 shares of the specialty chemicals company’s stock worth $42,830,000 after purchasing an additional 10,884 shares during the last quarter. Principal Financial Group Inc. raised its stake in Sensient Technologies by 3.3% during the fourth quarter. Principal Financial Group Inc. now owns 215,895 shares of the specialty chemicals company’s stock worth $15,385,000 after purchasing an additional 6,984 shares during the period. Finally, JPMorgan Chase & Co. boosted its holdings in Sensient Technologies by 100.9% in the 4th quarter. JPMorgan Chase & Co. now owns 200,726 shares of the specialty chemicals company’s stock valued at $14,304,000 after purchasing an additional 100,788 shares during the last quarter. 90.86% of the stock is currently owned by hedge funds and other institutional investors.

Sensient Technologies Stock Up 0.3 %

Shares of NYSE:SXT opened at $74.78 on Tuesday. The company has a market capitalization of $3.17 billion, a price-to-earnings ratio of 25.44 and a beta of 0.63. Sensient Technologies Co. has a 12-month low of $66.15 and a 12-month high of $82.99. The business has a 50-day moving average price of $72.54 and a 200 day moving average price of $74.65. 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 (NYSE:SXT) last announced its quarterly earnings results on Friday, February 14th. The specialty chemicals company reported $0.65 earnings per share for the quarter, beating analysts’ consensus estimates of $0.64 by $0.01. The business had revenue of $376.40 million during the quarter, compared to analysts’ expectations of $375.10 million. Sensient Technologies had a net margin of 8.01% and a return on equity of 11.93%. The business’s revenue for the quarter was up 7.8% on a year-over-year basis. During the same period last year, the business earned $0.51 earnings per share. Sell-side analysts expect that Sensient Technologies Co. will post 3.1 EPS for the current year.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered shares of Sensient Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, March 22nd.

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.