Robeco Schweiz AG Has $12.80 Million Stock Position in Sensient Technologies Corporation $SXT

Robeco Schweiz AG lowered its stake in shares of Sensient Technologies Corporation (NYSE:SXT) by 30.8% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 136,401 shares of the specialty chemicals company’s stock after selling 60,670 shares during the period. Robeco Schweiz AG owned approximately 0.32% of Sensient Technologies worth $12,801,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of the stock. Private Trust Co. NA bought a new stake in shares of Sensient Technologies in the 2nd quarter valued at $29,000. EverSource Wealth Advisors LLC increased its holdings in shares of Sensient Technologies by 181.1% in the second quarter. EverSource Wealth Advisors LLC now owns 475 shares of the specialty chemicals company’s stock worth $47,000 after acquiring an additional 306 shares in the last quarter. Gables Capital Management Inc. acquired a new stake in shares of Sensient Technologies during the second quarter worth about $59,000. GAMMA Investing LLC lifted its holdings in shares of Sensient Technologies by 69.2% during the 2nd quarter. GAMMA Investing LLC now owns 736 shares of the specialty chemicals company’s stock valued at $73,000 after purchasing an additional 301 shares in the last quarter. Finally, Nisa Investment Advisors LLC increased its stake 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 worth $89,000 after purchasing an additional 155 shares in the last quarter. 90.86% of the stock is currently owned by institutional investors and hedge funds.

Sensient Technologies Stock Performance

Shares of NYSE SXT opened at $95.32 on Wednesday. The company has a current ratio of 4.59, a quick ratio of 1.79 and a debt-to-equity ratio of 0.60. The company has a market capitalization of $4.05 billion, a P/E ratio of 29.15 and a beta of 0.59. Sensient Technologies Corporation has a 12 month low of $67.61 and a 12 month high of $121.54. The stock has a 50 day moving average of $94.91 and a 200-day moving average of $101.49.

Sensient Technologies (NYSE:SXT) last issued its quarterly earnings results on Friday, October 31st. The specialty chemicals company reported $0.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.90 by $0.06. The business had revenue of $412.11 million during the quarter, compared to analysts’ expectations of $407.45 million. Sensient Technologies had a return on equity of 12.91% and a net margin of 8.72%.The firm’s revenue for the quarter was up 5.0% compared to the same quarter last year. During the same period in the previous year, the company posted $0.80 earnings per share. Sensient Technologies has set its FY 2025 guidance at 3.130-3.230 EPS. As a group, equities research analysts predict that Sensient Technologies Corporation will post 3.1 EPS for the current year.

Sensient Technologies Dividend Announcement

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

Insider Transactions at Sensient Technologies

In other Sensient Technologies news, VP David J. Plautz purchased 2,150 shares of the business’s stock in a transaction on Tuesday, November 4th. The shares were purchased at an average cost of $92.98 per share, for a total transaction of $199,907.00. Following the acquisition, the vice president owned 2,999 shares of the company’s stock, valued at approximately $278,847.02. This represents a 253.24% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Essie Whitelaw sold 3,985 shares of the stock in a transaction on Wednesday, December 3rd. The stock was sold at an average price of $95.02, for a total value of $378,654.70. Following the completion of the transaction, the director owned 17,128 shares in the company, valued at approximately $1,627,502.56. This represents a 18.87% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 1.20% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

SXT has been the topic of several recent research reports. Zacks Research raised Sensient Technologies to a “hold” rating in a research note on Tuesday, December 16th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Sensient Technologies in a report on Monday, December 29th. One investment analyst has rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Sensient Technologies currently has an average rating of “Hold” and an average target price of $110.00.

About Sensient Technologies

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.