Sensient Technologies Corporation $SXT Shares Purchased by Cwm LLC

Cwm LLC increased its holdings in shares of Sensient Technologies Corporation (NYSE:SXT) by 12.4% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,128 shares of the specialty chemicals company’s stock after purchasing an additional 234 shares during the quarter. Cwm LLC’s holdings in Sensient Technologies were worth $210,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Maryland State Retirement & Pension System increased its position in shares of Sensient Technologies by 0.9% during the 2nd quarter. Maryland State Retirement & Pension System now owns 12,478 shares of the specialty chemicals company’s stock worth $1,229,000 after purchasing an additional 113 shares during the last quarter. Xponance Inc. increased its position in shares of Sensient Technologies by 5.0% during the 1st quarter. Xponance Inc. now owns 3,169 shares of the specialty chemicals company’s stock worth $236,000 after purchasing an additional 152 shares during the last quarter. GAMMA Investing LLC increased its position 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 during the last quarter. Raymond James Financial Inc. increased its position in shares of Sensient Technologies by 0.3% during the 1st quarter. Raymond James Financial Inc. now owns 91,255 shares of the specialty chemicals company’s stock worth $6,792,000 after purchasing an additional 282 shares during the last quarter. Finally, Vanguard Personalized Indexing Management LLC increased its position in shares of Sensient Technologies by 14.0% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 3,369 shares of the specialty chemicals company’s stock worth $332,000 after purchasing an additional 415 shares during the last quarter. 90.86% of the stock is owned by institutional investors and hedge funds.

Sensient Technologies Stock Performance

Shares of Sensient Technologies stock opened at $94.30 on Wednesday. The business has a 50-day moving average of $101.96 and a 200 day moving average of $100.25. Sensient Technologies Corporation has a 12 month low of $66.14 and a 12 month high of $121.54. The stock has a market capitalization of $4.00 billion, a price-to-earnings ratio of 29.75 and a beta of 0.56. The company has a debt-to-equity ratio of 0.61, a current ratio of 4.25 and a quick ratio of 1.78.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. Robert W. Baird raised their price objective on Sensient Technologies from $93.00 to $125.00 and gave the stock an “outperform” rating in a research report on Thursday, July 3rd. Weiss Ratings restated a “buy (b-)” rating on shares of Sensient Technologies in a report on Wednesday, October 8th. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average 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.