Hsbc Holdings PLC Has $473,000 Holdings in Sensient Technologies Corporation $SXT

Hsbc Holdings PLC lessened its position in shares of Sensient Technologies Corporation (NYSE:SXT) by 11.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,366 shares of the specialty chemicals company’s stock after selling 812 shares during the quarter. Hsbc Holdings PLC’s holdings in Sensient Technologies were worth $473,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of SXT. GAMMA Investing LLC grew its holdings in shares of Sensient Technologies by 132.6% during the 1st quarter. GAMMA Investing LLC now owns 435 shares of the specialty chemicals company’s stock worth $32,000 after purchasing an additional 248 shares in the last quarter. Russell Investments Group Ltd. boosted its stake in Sensient Technologies by 52.5% in the 1st quarter. Russell Investments Group Ltd. now owns 1,257 shares of the specialty chemicals company’s stock valued at $94,000 after buying an additional 433 shares in the last quarter. State of Wyoming boosted its stake in Sensient Technologies by 52.9% in the 4th quarter. State of Wyoming now owns 1,913 shares of the specialty chemicals company’s stock valued at $136,000 after buying an additional 662 shares in the last quarter. CWM LLC boosted its stake in Sensient Technologies by 8.6% in the 1st quarter. CWM LLC now owns 1,894 shares of the specialty chemicals company’s stock valued at $141,000 after buying an additional 150 shares in the last quarter. Finally, Point72 Hong Kong Ltd acquired a new stake in Sensient Technologies in the 4th quarter valued at $155,000. Institutional investors and hedge funds own 90.86% of the company’s stock.

Sensient Technologies Price Performance

Sensient Technologies stock opened at $113.30 on Tuesday. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.78 and a current ratio of 4.25. The firm has a market cap of $4.81 billion, a P/E ratio of 35.74 and a beta of 0.57. The business’s fifty day moving average is $110.59 and its two-hundred day moving average is $92.44. Sensient Technologies Corporation has a 52 week low of $66.14 and a 52 week high of $121.54.

Sensient Technologies (NYSE:SXT) last posted its quarterly earnings data on Friday, July 25th. The specialty chemicals company reported $0.94 EPS for the quarter, topping analysts’ consensus estimates of $0.88 by $0.06. The company had revenue of $414.23 million for the quarter, compared to analyst estimates of $417.60 million. Sensient Technologies had a return on equity of 12.56% and a net margin of 8.56%.The business’s revenue was up 2.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.77 earnings per share. Sensient Technologies has set its FY 2025 guidance at 3.130-3.230 EPS. Equities research analysts forecast that Sensient Technologies Corporation will post 3.1 earnings per share for the current fiscal year.

Sensient Technologies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 2nd. Shareholders of record on Monday, August 4th will be paid a $0.41 dividend. The ex-dividend date of this dividend is Monday, August 4th. This represents a $1.64 dividend on an annualized basis and a yield of 1.4%. Sensient Technologies’s payout ratio is currently 51.74%.

Analyst Ratings Changes

Several analysts recently commented on SXT shares. Robert W. Baird boosted their price target on Sensient Technologies from $93.00 to $125.00 and gave the company an “outperform” rating in a research note on Thursday, July 3rd. CJS Securities started coverage on Sensient Technologies in a research note on Tuesday, June 10th. They issued a “market perform” rating and a $95.00 price target on the stock. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, Sensient Technologies presently has a consensus rating of “Moderate Buy” and a consensus target price of $110.00.

About Sensient Technologies

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.