iSAM Funds UK Ltd Has $391,000 Stock Position in Sensient Technologies Co. (NYSE:SXT)

iSAM Funds UK Ltd raised its holdings in Sensient Technologies Co. (NYSE:SXT) by 63.5% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 5,484 shares of the specialty chemicals company’s stock after acquiring an additional 2,129 shares during the quarter. iSAM Funds UK Ltd’s holdings in Sensient Technologies were worth $391,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SXT. Kohmann Bosshard Financial Services LLC bought a new stake in shares of Sensient Technologies in the 4th quarter valued at $25,000. Jones Financial Companies Lllp boosted its stake in shares of Sensient Technologies by 18,766.7% in the 4th quarter. Jones Financial Companies Lllp now owns 566 shares of the specialty chemicals company’s stock valued at $40,000 after purchasing an additional 563 shares during the last quarter. Quarry LP bought a new stake in shares of Sensient Technologies in the 4th quarter valued at $50,000. R Squared Ltd bought a new stake in shares of Sensient Technologies in the 4th quarter valued at $65,000. Finally, Covestor Ltd boosted its stake in shares of Sensient Technologies by 49.4% in the 4th quarter. Covestor Ltd now owns 920 shares of the specialty chemicals company’s stock valued at $66,000 after purchasing an additional 304 shares during the last quarter. 90.86% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Sensient Technologies news, Director Mario Ferruzzi sold 1,668 shares of the firm’s stock in a transaction on Friday, May 9th. The shares were sold at an average price of $95.45, for a total value of $159,210.60. Following the transaction, the director now directly owns 7,946 shares of the company’s stock, valued at approximately $758,445.70. This trade represents a 17.35% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.20% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on SXT. StockNews.com lowered shares of Sensient Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, March 22nd. Robert W. Baird upped their price objective on shares of Sensient Technologies from $85.00 to $93.00 and gave the company an “outperform” rating in a research note on Monday, April 28th.

Sensient Technologies Stock Up 0.4%

Shares of NYSE SXT opened at $94.80 on Wednesday. The firm has a market cap of $4.03 billion, a PE ratio of 32.24 and a beta of 0.58. Sensient Technologies Co. has a 12-month low of $66.15 and a 12-month high of $98.27. The company’s fifty day simple moving average is $81.19 and its 200 day simple moving average is $76.75. The company has a quick ratio of 1.34, a current ratio of 3.55 and a debt-to-equity ratio of 0.58.

Sensient Technologies (NYSE:SXT) last issued its earnings results on Friday, April 25th. The specialty chemicals company reported $0.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.82 by $0.04. The business had revenue of $392.33 million for the quarter, compared to analyst estimates of $387.70 million. Sensient Technologies had a net margin of 8.01% and a return on equity of 11.93%. Sensient Technologies’s revenue was up 2.0% on a year-over-year basis. During the same period in the prior year, the firm earned $0.73 earnings per share. As a group, sell-side analysts forecast that Sensient Technologies Co. will post 3.1 earnings per share for the current fiscal year.

Sensient Technologies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 2nd. Investors of record on Monday, May 12th will be paid a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a yield of 1.73%. The ex-dividend date of this dividend is Monday, May 12th. Sensient Technologies’s dividend payout ratio is presently 54.30%.

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.