Eaton Vance Management held its position in shares of Sensient Technologies Corporation (NYSE:SXT) during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 39,430 shares of the specialty chemicals company’s stock at the close of the second quarter. Eaton Vance Management owned approximately 0.09% of Sensient Technologies Corporation worth $3,175,000 at the end of the most recent quarter.
A number of other institutional investors have also bought and sold shares of SXT. BlackRock Inc. grew its position in Sensient Technologies Corporation by 22,190.3% in the first quarter. BlackRock Inc. now owns 4,553,467 shares of the specialty chemicals company’s stock worth $360,908,000 after buying an additional 4,533,039 shares during the last quarter. Vanguard Group Inc. grew its position in Sensient Technologies Corporation by 6.6% in the first quarter. Vanguard Group Inc. now owns 4,145,433 shares of the specialty chemicals company’s stock worth $328,567,000 after buying an additional 256,125 shares during the last quarter. MARSHALL WACE ASIA Ltd acquired a new position in Sensient Technologies Corporation in the first quarter worth approximately $17,712,000. Eagle Asset Management Inc. grew its position in Sensient Technologies Corporation by 58.8% in the second quarter. Eagle Asset Management Inc. now owns 537,892 shares of the specialty chemicals company’s stock worth $43,316,000 after buying an additional 199,123 shares during the last quarter. Finally, Citadel Advisors LLC grew its position in Sensient Technologies Corporation by 218.5% in the first quarter. Citadel Advisors LLC now owns 95,914 shares of the specialty chemicals company’s stock worth $7,602,000 after buying an additional 65,796 shares during the last quarter. Hedge funds and other institutional investors own 88.96% of the company’s stock.
Sensient Technologies Corporation (NYSE:SXT) opened at 74.83 on Monday. Sensient Technologies Corporation has a 12-month low of $68.51 and a 12-month high of $84.98. The stock’s 50 day moving average is $73.42 and its 200 day moving average is $78.67. The stock has a market capitalization of $3.28 billion, a PE ratio of 30.14 and a beta of 1.08.
Sensient Technologies Corporation (NYSE:SXT) last issued its quarterly earnings data on Thursday, July 20th. The specialty chemicals company reported $0.87 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.87. Sensient Technologies Corporation had a net margin of 8.16% and a return on equity of 17.15%. The company had revenue of $338.48 million during the quarter. Analysts forecast that Sensient Technologies Corporation will post $3.41 EPS for the current year.
The business also recently disclosed a quarterly dividend, which was paid on Friday, September 1st. Stockholders of record on Friday, August 4th were given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 1.60%. The ex-dividend date was Wednesday, August 2nd. Sensient Technologies Corporation’s dividend payout ratio is 48.39%.
In related news, Director Joseph Carleone acquired 1,000 shares of the stock in a transaction dated Monday, July 24th. The stock was bought at an average price of $75.32 per share, with a total value of $75,320.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.95% of the stock is owned by corporate insiders.
Several research analysts have issued reports on the stock. Zacks Investment Research upgraded shares of Sensient Technologies Corporation from a “hold” rating to a “buy” rating and set a $90.00 price target on the stock in a research report on Friday, June 2nd. BidaskClub cut shares of Sensient Technologies Corporation from a “hold” rating to a “sell” rating in a research report on Thursday, July 27th.
Sensient Technologies Corporation Company Profile
Sensient Technologies Corporation is a manufacturer and marketer of colors, flavors and fragrances. The Company uses technologies at facilities around the world to develop specialty food and beverage systems, cosmetic and pharmaceutical systems, specialty inks and colors, and other specialty and fine chemicals.
Receive News & Ratings for Sensient Technologies Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sensient Technologies Corporation and related companies with MarketBeat.com's FREE daily email newsletter.