Sensient Technologies (NYSE:SXT) Director Essie Whitelaw Sells 533 Shares of Stock

Sensient Technologies Corporation (NYSE:SXT) Director Essie Whitelaw sold 533 shares of the firm’s stock in a transaction that occurred on Thursday, November 20th. The stock was sold at an average price of $93.22, for a total transaction of $49,686.26. Following the sale, the director owned 21,101 shares of the company’s stock, valued at $1,967,035.22. This trade represents a 2.46% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Essie Whitelaw also recently made the following trade(s):

• On Wednesday, December 3rd, Essie Whitelaw sold 3,985 shares of Sensient Technologies stock. The stock was sold at an average price of $95.02, for a total value of $378,654.70.

Sensient Technologies Stock Performance

NYSE:SXT traded down $1.03 during mid-day trading on Friday, hitting $93.39. 11,959 shares of the stock were exchanged, compared to its average volume of 389,539. The firm’s 50-day simple moving average is $94.19 and its 200 day simple moving average is $101.51. The stock has a market capitalization of $3.97 billion, a price-to-earnings ratio of 28.56 and a beta of 0.58. Sensient Technologies Corporation has a fifty-two week low of $66.14 and a fifty-two week high of $121.54. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.79 and a current ratio of 4.59.

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, beating 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 firm had revenue of $412.11 million for the quarter, compared to analyst estimates of $407.45 million. During the same period in the prior year, the firm posted $0.80 EPS. The company’s revenue for the quarter was up 5.0% on a year-over-year basis. 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 firm also recently announced a quarterly dividend, which was paid on Monday, December 1st. Shareholders of record on Monday, November 10th were given a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date was Monday, November 10th. Sensient Technologies’s dividend payout ratio is presently 50.15%.

Analysts Set New Price Targets

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

Institutional Trading of Sensient Technologies

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Bank of Montreal Can increased its holdings in Sensient Technologies by 1.3% in 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 stake 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 in the last quarter. GAMMA Investing LLC increased its stake in Sensient Technologies by 19.3% in the third quarter. GAMMA Investing LLC now owns 878 shares of the specialty chemicals company’s stock valued at $82,000 after purchasing an additional 142 shares in the last quarter. Nisa Investment Advisors LLC grew its stake in Sensient Technologies by 15.9% in the third quarter. Nisa Investment Advisors LLC now owns 1,042 shares of the specialty chemicals company’s stock valued at $98,000 after acquiring an additional 143 shares during the period. Finally, Evergreen Capital Management LLC increased its stake in Sensient Technologies by 3.4% during the 2nd quarter. Evergreen Capital Management LLC now owns 4,500 shares of the specialty chemicals company’s stock valued at $443,000 after purchasing an additional 146 shares in the last quarter. 90.86% of the stock is currently owned by institutional investors.

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.