CW Advisors LLC Purchases 14,498 Shares of Sensient Technologies Corporation $SXT

CW Advisors LLC raised its position in shares of Sensient Technologies Corporation (NYSE:SXT) by 15.4% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 108,654 shares of the specialty chemicals company’s stock after purchasing an additional 14,498 shares during the quarter. CW Advisors LLC owned 0.26% of Sensient Technologies worth $10,705,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the company. Geode Capital Management LLC grew its holdings in shares of Sensient Technologies by 0.9% during the second quarter. Geode Capital Management LLC now owns 1,000,613 shares of the specialty chemicals company’s stock valued at $98,593,000 after buying an additional 9,211 shares during the last quarter. Westwood Holdings Group Inc. bought a new position in Sensient Technologies in the 2nd quarter valued at approximately $91,280,000. Congress Asset Management Co. boosted its stake in Sensient Technologies by 2.3% during the 2nd quarter. Congress Asset Management Co. now owns 686,737 shares of the specialty chemicals company’s stock valued at $67,657,000 after purchasing an additional 15,181 shares during the last quarter. American Century Companies Inc. increased its holdings in shares of Sensient Technologies by 4,511.3% in the 2nd quarter. American Century Companies Inc. now owns 589,272 shares of the specialty chemicals company’s stock worth $58,055,000 after purchasing an additional 576,493 shares in the last quarter. Finally, Armistice Capital LLC raised its stake in shares of Sensient Technologies by 57.1% in the first quarter. Armistice Capital LLC now owns 549,827 shares of the specialty chemicals company’s stock worth $40,924,000 after purchasing an additional 199,827 shares during the last quarter. 90.86% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Sensient Technologies in a research report on Monday. One investment analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $110.00.

Sensient Technologies Price Performance

NYSE SXT opened at $94.42 on Friday. The stock has a market capitalization of $4.01 billion, a price-to-earnings ratio of 28.88 and a beta of 0.58. Sensient Technologies Corporation has a 1-year low of $66.14 and a 1-year high of $121.54. The company has a debt-to-equity ratio of 0.60, a current ratio of 4.59 and a quick ratio of 1.79. The business’s fifty day moving average price is $94.19 and its 200-day moving average price is $101.51.

Sensient Technologies (NYSE:SXT) last issued its quarterly earnings data on Friday, October 31st. The specialty chemicals company reported $0.96 EPS for the quarter, topping the consensus estimate of $0.90 by $0.06. Sensient Technologies had a return on equity of 12.91% and a net margin of 8.72%.The company had revenue of $412.11 million during the quarter, compared to analyst estimates of $407.45 million. During the same quarter in the previous year, the company posted $0.80 earnings per share. Sensient Technologies’s revenue was up 5.0% compared to the same quarter last year. Sensient Technologies has set its FY 2025 guidance at 3.130-3.230 EPS. On average, equities analysts predict that Sensient Technologies Corporation will post 3.1 earnings per share for the current year.

Sensient Technologies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 1st. Stockholders of record on Monday, November 10th were paid a $0.41 dividend. This represents a $1.64 annualized dividend and a dividend yield of 1.7%. The ex-dividend date was Monday, November 10th. Sensient Technologies’s dividend payout ratio is 50.15%.

Insider Buying and Selling

In other Sensient Technologies news, Director Joseph Carleone purchased 1,000 shares of the company’s stock in a transaction dated Monday, November 3rd. The shares were acquired at an average price of $91.26 per share, for a total transaction of $91,260.00. Following the purchase, the director directly owned 22,414 shares of the company’s stock, valued at $2,045,501.64. The trade was a 4.67% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP David J. Plautz acquired 2,150 shares of the business’s stock in a transaction dated Tuesday, November 4th. The shares were acquired at an average cost of $92.98 per share, with a total value of $199,907.00. Following the transaction, the vice president owned 2,999 shares in the company, valued at approximately $278,847.02. This trade represents a 253.24% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 1.20% of the stock is currently owned by insiders.

Sensient Technologies Company 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.