Robeco Institutional Asset Management B.V. Increases Position in Sensient Technologies Corporation $SXT

Robeco Institutional Asset Management B.V. boosted its stake in Sensient Technologies Corporation (NYSE:SXT) by 55.8% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 47,294 shares of the specialty chemicals company’s stock after purchasing an additional 16,938 shares during the quarter. Robeco Institutional Asset Management B.V. owned about 0.11% of Sensient Technologies worth $4,439,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bank of Montreal Can raised its stake in shares of Sensient Technologies by 1.3% during the second quarter. Bank of Montreal Can now owns 8,418 shares of the specialty chemicals company’s stock valued at $829,000 after purchasing an additional 111 shares during the period. Maryland State Retirement & Pension System increased its holdings in shares of Sensient Technologies by 0.9% in the 2nd quarter. Maryland State Retirement & Pension System now owns 12,478 shares of the specialty chemicals company’s stock valued at $1,229,000 after acquiring an additional 113 shares during the last quarter. GAMMA Investing LLC lifted its position in shares of Sensient Technologies by 19.3% in the 3rd quarter. GAMMA Investing LLC now owns 878 shares of the specialty chemicals company’s stock worth $82,000 after buying an additional 142 shares during the last quarter. Evergreen Capital Management LLC boosted its stake in Sensient Technologies by 3.4% in the second quarter. Evergreen Capital Management LLC now owns 4,500 shares of the specialty chemicals company’s stock valued at $443,000 after acquiring an additional 146 shares during the period. Finally, Nisa Investment Advisors LLC boosted its position in Sensient Technologies by 20.8% during the 2nd quarter. Nisa Investment Advisors LLC now owns 899 shares of the specialty chemicals company’s stock valued at $89,000 after purchasing an additional 155 shares during the period. 90.86% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on SXT shares. Weiss Ratings reissued a “hold (c+)” rating on shares of Sensient Technologies in a report on Monday, December 29th. Zacks Research upgraded Sensient Technologies to a “hold” rating in a report on Tuesday, December 16th. One equities research analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, Sensient Technologies presently has a consensus rating of “Hold” and a consensus target price of $110.00.

Sensient Technologies Price Performance

Shares of NYSE:SXT opened at $97.91 on Friday. The company has a market capitalization of $4.16 billion, a PE ratio of 29.94 and a beta of 0.59. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.79 and a current ratio of 4.59. The stock has a fifty day moving average of $94.69 and a 200-day moving average of $101.49. Sensient Technologies Corporation has a one year low of $66.14 and a one year high of $121.54.

Sensient Technologies (NYSE:SXT) last announced its earnings results on Friday, October 31st. The specialty chemicals company reported $0.96 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $407.45 million. During the same period in the previous year, the firm earned $0.80 earnings per share. Sensient Technologies’s revenue for the quarter 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. As a group, equities analysts anticipate that Sensient Technologies Corporation will post 3.1 EPS for the current fiscal year.

Sensient Technologies Dividend Announcement

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

Insider Buying and Selling at Sensient Technologies

In related news, Director Essie Whitelaw sold 3,985 shares of the company’s stock in a transaction that occurred on Wednesday, December 3rd. The shares were sold at an average price of $95.02, for a total value of $378,654.70. Following the completion of the sale, the director owned 17,128 shares in the company, valued at approximately $1,627,502.56. This represents a 18.87% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP David J. Plautz acquired 2,150 shares of the firm’s stock in a transaction that occurred on Tuesday, November 4th. The stock was purchased at an average cost of $92.98 per share, with a total value of $199,907.00. Following the purchase, the vice president directly owned 2,999 shares in the company, valued at approximately $278,847.02. This trade represents a 253.24% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders own 1.20% of the company’s stock.

Sensient Technologies Profile

Sensient Technologies Corporation is a global leader in the manufacture and supply of colors, flavors and fragrances for a broad range of end-markets. The company develops and produces ingredients that enhance the appearance, taste and scent of products in the food, beverage, nutraceutical, pharmaceutical, personal care and household sectors. Its portfolio includes natural and synthetic colorants, botanical and artificial flavor systems, fragrance compounds and specialty chemical offerings tailored to customer specifications.

Within its flavor and fragrance division, Sensient provides custom formulations for sweet, savory and umami taste profiles along with fragrance blends for personal care and cosmetic applications.