American Century Companies Inc. Has $951,000 Stock Holdings in Sensient Technologies Corporation $SXT

American Century Companies Inc. grew its stake in shares of Sensient Technologies Corporation (NYSE:SXT) by 88.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 12,779 shares of the specialty chemicals company’s stock after purchasing an additional 6,008 shares during the period. American Century Companies Inc.’s holdings in Sensient Technologies were worth $951,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in the company. Freemont Capital Pte Ltd bought a new stake in Sensient Technologies in the 4th quarter valued at about $449,288,000. Congress Asset Management Co. bought a new stake in shares of Sensient Technologies during the first quarter valued at approximately $49,984,000. Nuveen LLC bought a new stake in shares of Sensient Technologies during the first quarter valued at approximately $24,434,000. Robeco Schweiz AG raised its position in shares of Sensient Technologies by 48.7% during the first quarter. Robeco Schweiz AG now owns 235,372 shares of the specialty chemicals company’s stock worth $17,519,000 after purchasing an additional 77,043 shares during the period. Finally, Northern Trust Corp lifted its holdings in shares of Sensient Technologies by 10.2% in the 4th quarter. Northern Trust Corp now owns 569,652 shares of the specialty chemicals company’s stock worth $40,593,000 after purchasing an additional 52,654 shares in the last quarter. 90.86% of the stock is currently owned by institutional investors and hedge funds.

Sensient Technologies Trading Up 1.1%

Shares of SXT stock opened at $113.14 on Thursday. 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 company has a market capitalization of $4.80 billion, a price-to-earnings ratio of 35.69 and a beta of 0.57. Sensient Technologies Corporation has a 52-week low of $66.14 and a 52-week high of $121.54. The company has a 50-day simple moving average of $111.16 and a two-hundred day simple moving average of $92.72.

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

Sensient Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Stockholders of record on Monday, August 4th were given a dividend of $0.41 per share. The ex-dividend date of this dividend was Monday, August 4th. This represents a $1.64 annualized dividend and a dividend yield of 1.4%. Sensient Technologies’s dividend payout ratio (DPR) is currently 51.74%.

Analysts Set New Price Targets

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

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.