Carillon Tower Advisers Inc. purchased a new position in shares of Sensient Technologies Co. (NYSE:SXT) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 521,716 shares of the specialty chemicals company’s stock, valued at approximately $38,163,000. Carillon Tower Advisers Inc. owned approximately 1.20% of Sensient Technologies at the end of the most recent reporting period.
Other large investors also recently made changes to their positions in the company. Schwab Charles Investment Management Inc. raised its stake in Sensient Technologies by 5.1% during the 3rd quarter. Schwab Charles Investment Management Inc. now owns 304,694 shares of the specialty chemicals company’s stock worth $23,438,000 after acquiring an additional 14,917 shares in the last quarter. Sei Investments Co. grew its position in Sensient Technologies by 59.8% during the 3rd quarter. Sei Investments Co. now owns 5,520 shares of the specialty chemicals company’s stock worth $424,000 after purchasing an additional 2,066 shares during the last quarter. Swiss National Bank grew its position in Sensient Technologies by 1.5% during the 4th quarter. Swiss National Bank now owns 74,700 shares of the specialty chemicals company’s stock worth $5,464,000 after purchasing an additional 1,100 shares during the last quarter. Old Mutual Global Investors UK Ltd. purchased a new position in Sensient Technologies during the 3rd quarter worth $394,000. Finally, Public Employees Retirement System of Ohio grew its position in Sensient Technologies by 792.9% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 25,224 shares of the specialty chemicals company’s stock worth $1,940,000 after purchasing an additional 22,399 shares during the last quarter. Hedge funds and other institutional investors own 91.00% of the company’s stock.
Several brokerages have issued reports on SXT. Gabelli raised shares of Sensient Technologies from a “hold” rating to a “buy” rating and set a $94.00 price objective on the stock in a research report on Monday, February 12th. TheStreet downgraded shares of Sensient Technologies from a “b” rating to a “c+” rating in a research report on Thursday, February 8th. Finally, Off Wall Street began coverage on shares of Sensient Technologies in a research report on Monday, December 18th. They set a “sell” rating on the stock. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $90.77.
Sensient Technologies Co. (NYSE SXT) opened at $73.99 on Wednesday. Sensient Technologies Co. has a 52-week low of $65.60 and a 52-week high of $84.98. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.25 and a current ratio of 3.39. The stock has a market cap of $3,226.18, a price-to-earnings ratio of 36.45, a price-to-earnings-growth ratio of 2.29 and a beta of 0.94.
Sensient Technologies (NYSE:SXT) last issued its earnings results on Thursday, February 8th. The specialty chemicals company reported $0.84 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.84. The business had revenue of $328.87 million for the quarter. Sensient Technologies had a net margin of 6.58% and a return on equity of 17.37%. equities analysts anticipate that Sensient Technologies Co. will post 3.8 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Thursday, March 1st. Stockholders of record on Tuesday, February 6th were issued a $0.33 dividend. This represents a $1.32 annualized dividend and a dividend yield of 1.78%. The ex-dividend date was Monday, February 5th. Sensient Technologies’s payout ratio is 65.02%.
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Sensient Technologies 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.
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