Federated Investors Inc. PA decreased its holdings in Sensient Technologies Corporation (NYSE:SXT) by 7.0% in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 20,598 shares of the specialty chemicals company’s stock after selling 1,554 shares during the period. Federated Investors Inc. PA’s holdings in Sensient Technologies Corporation were worth $1,659,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the company. World Asset Management Inc boosted its stake in shares of Sensient Technologies Corporation by 0.4% in the 1st quarter. World Asset Management Inc now owns 2,739 shares of the specialty chemicals company’s stock valued at $217,000 after purchasing an additional 11 shares in the last quarter. Capstone Asset Management Co. boosted its stake in shares of Sensient Technologies Corporation by 2.0% in the 1st quarter. Capstone Asset Management Co. now owns 4,126 shares of the specialty chemicals company’s stock valued at $327,000 after purchasing an additional 80 shares in the last quarter. State Treasurer State of Michigan boosted its stake in shares of Sensient Technologies Corporation by 0.6% in the 1st quarter. State Treasurer State of Michigan now owns 18,070 shares of the specialty chemicals company’s stock valued at $1,432,000 after purchasing an additional 100 shares in the last quarter. Advantus Capital Management Inc boosted its stake in shares of Sensient Technologies Corporation by 2.6% in the 1st quarter. Advantus Capital Management Inc now owns 5,679 shares of the specialty chemicals company’s stock valued at $450,000 after purchasing an additional 143 shares in the last quarter. Finally, Bessemer Group Inc. boosted its stake in shares of Sensient Technologies Corporation by 0.5% in the 2nd quarter. Bessemer Group Inc. now owns 30,566 shares of the specialty chemicals company’s stock valued at $2,461,000 after purchasing an additional 166 shares in the last quarter. 89.59% of the stock is owned by institutional investors.

In other news, Director Joseph Carleone acquired 1,000 shares of the company’s stock in a transaction on Monday, July 24th. The stock was bought at an average cost of $75.32 per share, with a total value of $75,320.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.95% of the stock is owned by insiders.

Shares of Sensient Technologies Corporation (NYSE SXT) opened at 73.23 on Tuesday. The firm’s 50-day moving average is $73.54 and its 200 day moving average is $78.85. Sensient Technologies Corporation has a 12 month low of $68.51 and a 12 month high of $84.98. The stock has a market cap of $3.21 billion, a PE ratio of 29.49 and a beta of 1.08.

Sensient Technologies Corporation (NYSE:SXT) last posted its quarterly earnings data on Thursday, July 20th. The specialty chemicals company reported $0.87 EPS for the quarter, hitting the consensus estimate of $0.87. The company had revenue of $338.48 million during the quarter. Sensient Technologies Corporation had a net margin of 8.16% and a return on equity of 17.15%. On average, equities analysts predict that Sensient Technologies Corporation will post $3.41 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 1st. Shareholders of record on Friday, August 4th were paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 1.64%. The ex-dividend date was Wednesday, August 2nd. Sensient Technologies Corporation’s payout ratio is 48.39%.

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A number of equities research analysts have recently issued reports on the stock. Zacks Investment Research cut shares of Sensient Technologies Corporation from a “buy” rating to a “hold” rating in a research note on Wednesday, June 7th. BidaskClub cut shares of Sensient Technologies Corporation from a “sell” rating to a “strong sell” rating in a research note on Thursday, August 3rd. Finally, KeyCorp reissued a “buy” rating and set a $90.00 price target on shares of Sensient Technologies Corporation in a research report on Thursday, August 24th.

Sensient Technologies Corporation Company 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.

Institutional Ownership by Quarter for Sensient Technologies Corporation (NYSE:SXT)

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