Sensient Technologies Corporation $SXT Shares Sold by Boston Trust Walden Corp

Boston Trust Walden Corp reduced its position in Sensient Technologies Corporation (NYSE:SXT) by 2.4% in the 2nd quarter, Holdings Channel reports. The firm owned 500,848 shares of the specialty chemicals company’s stock after selling 12,286 shares during the quarter. Boston Trust Walden Corp’s holdings in Sensient Technologies were worth $49,344,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Yousif Capital Management LLC raised its stake in Sensient Technologies by 1.6% in the 2nd quarter. Yousif Capital Management LLC now owns 15,879 shares of the specialty chemicals company’s stock valued at $1,564,000 after purchasing an additional 245 shares during the last quarter. CWM LLC raised its stake in Sensient Technologies by 12.4% in the 2nd quarter. CWM LLC now owns 2,128 shares of the specialty chemicals company’s stock valued at $210,000 after purchasing an additional 234 shares during the last quarter. Vanguard Personalized Indexing Management LLC raised its stake in Sensient Technologies by 14.0% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 3,369 shares of the specialty chemicals company’s stock valued at $332,000 after purchasing an additional 415 shares during the last quarter. US Bancorp DE raised its stake in Sensient Technologies by 9.0% in the 2nd quarter. US Bancorp DE now owns 6,928 shares of the specialty chemicals company’s stock valued at $683,000 after purchasing an additional 573 shares during the last quarter. Finally, Maryland State Retirement & Pension System raised its stake in 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 purchasing an additional 113 shares during the last quarter. 90.86% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts recently commented on SXT shares. Robert W. Baird increased their price objective on Sensient Technologies from $93.00 to $125.00 and gave the company an “outperform” rating in a research note on Thursday, July 3rd. Weiss Ratings restated a “buy (b-)” rating on shares of Sensient Technologies in a report on Wednesday, October 8th. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, Sensient Technologies presently has an average rating of “Moderate Buy” and a consensus price target of $110.00.

Sensient Technologies Stock Up 1.8%

Shares of NYSE:SXT opened at $95.27 on Wednesday. The company has a quick ratio of 1.78, a current ratio of 4.25 and a debt-to-equity ratio of 0.61. The business has a fifty day moving average of $106.17 and a two-hundred day moving average of $98.50. The stock has a market cap of $4.05 billion, a P/E ratio of 30.05 and a beta of 0.56. Sensient Technologies Corporation has a 52-week low of $66.14 and a 52-week high of $121.54.

Sensient Technologies (NYSE:SXT) last released its quarterly earnings results on Friday, July 25th. The specialty chemicals company reported $0.94 earnings per share for the quarter, topping analysts’ consensus estimates of $0.88 by $0.06. The business had revenue of $414.23 million during the quarter, compared to analysts’ expectations of $417.60 million. Sensient Technologies had a return on equity of 12.56% and a net margin of 8.56%.The company’s revenue was up 2.7% compared to the same quarter last year. During the same period in the prior year, the business posted $0.77 EPS. Sensient Technologies has set its FY 2025 guidance at 3.130-3.230 EPS. On average, research analysts expect that Sensient Technologies Corporation will post 3.1 earnings per share for the current year.

Sensient Technologies Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 2nd. Stockholders of record on Monday, August 4th were issued a dividend of $0.41 per share. The ex-dividend date was Monday, August 4th. This represents a $1.64 dividend on an annualized basis and a dividend yield of 1.7%. Sensient Technologies’s dividend payout ratio is currently 51.74%.

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.