Sensient Technologies Corporation $SXT Shares Acquired by Russell Investments Group Ltd.

Russell Investments Group Ltd. increased its stake in Sensient Technologies Corporation (NYSE:SXT) by 52.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,257 shares of the specialty chemicals company’s stock after purchasing an additional 433 shares during the quarter. Russell Investments Group Ltd.’s holdings in Sensient Technologies were worth $94,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SXT. GAMMA Investing LLC raised its position in Sensient Technologies by 132.6% in the first quarter. GAMMA Investing LLC now owns 435 shares of the specialty chemicals company’s stock worth $32,000 after acquiring an additional 248 shares in the last quarter. State of Wyoming raised its position in Sensient Technologies by 52.9% in the fourth quarter. State of Wyoming now owns 1,913 shares of the specialty chemicals company’s stock worth $136,000 after acquiring an additional 662 shares in the last quarter. CWM LLC raised its position in Sensient Technologies by 8.6% in the first quarter. CWM LLC now owns 1,894 shares of the specialty chemicals company’s stock worth $141,000 after acquiring an additional 150 shares in the last quarter. Point72 Hong Kong Ltd bought a new stake in Sensient Technologies in the fourth quarter worth about $155,000. Finally, Quantinno Capital Management LP bought a new stake in Sensient Technologies in the fourth quarter worth about $205,000. 90.86% of the stock is currently owned by institutional investors.

Sensient Technologies Price Performance

NYSE SXT opened at $113.14 on Thursday. The stock’s 50-day moving average price is $111.16 and its two-hundred day moving average price is $92.72. The company has a current ratio of 4.25, a quick ratio of 1.78 and a debt-to-equity ratio of 0.61. The company has a market cap of $4.80 billion, a PE ratio of 35.69 and a beta of 0.57. Sensient Technologies Corporation has a 1 year low of $66.14 and a 1 year 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 earnings per share (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 the consensus estimate 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 for the quarter was up 2.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.77 EPS. Sensient Technologies has set its FY 2025 guidance at 3.130-3.230 EPS. On average, analysts predict that Sensient Technologies Corporation will post 3.1 EPS for the current year.

Sensient Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 2nd. Shareholders of record on Monday, August 4th were issued a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a yield of 1.4%. The ex-dividend date was Monday, August 4th. Sensient Technologies’s payout ratio is presently 51.74%.

Wall Street Analysts Forecast Growth

SXT has been the topic of several research reports. Robert W. Baird boosted their price target on shares of Sensient Technologies from $93.00 to $125.00 and gave the stock an “outperform” rating in a research report on Thursday, July 3rd. CJS Securities initiated coverage on shares of Sensient Technologies in a research report on Tuesday, June 10th. They issued a “market perform” rating and a $95.00 price target on the stock. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus 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.