Robeco Schweiz AG Buys 10,500 Shares of Sensient Technologies Co. (NYSE:SXT)

Robeco Schweiz AG grew its stake in Sensient Technologies Co. (NYSE:SXT) by 12.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 92,840 shares of the specialty chemicals company’s stock after acquiring an additional 10,500 shares during the quarter. Robeco Schweiz AG owned 0.22% of Sensient Technologies worth $6,127,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Covestor Ltd increased its stake in Sensient Technologies by 32.2% during the 3rd quarter. Covestor Ltd now owns 1,087 shares of the specialty chemicals company’s stock worth $64,000 after purchasing an additional 265 shares in the last quarter. CWM LLC increased its stake in Sensient Technologies by 30.5% during the 4th quarter. CWM LLC now owns 1,558 shares of the specialty chemicals company’s stock worth $103,000 after purchasing an additional 364 shares in the last quarter. TFO Wealth Partners LLC increased its stake in Sensient Technologies by 44,075.0% during the 4th quarter. TFO Wealth Partners LLC now owns 1,767 shares of the specialty chemicals company’s stock worth $117,000 after purchasing an additional 1,763 shares in the last quarter. PNC Financial Services Group Inc. increased its stake in Sensient Technologies by 30.9% during the 3rd quarter. PNC Financial Services Group Inc. now owns 2,222 shares of the specialty chemicals company’s stock worth $130,000 after purchasing an additional 525 shares in the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund bought a new stake in Sensient Technologies during the 3rd quarter worth approximately $175,000. 90.86% of the stock is owned by institutional investors.

Insider Activity

In related news, Director Essie Whitelaw sold 1,037 shares of the stock in a transaction on Friday, May 17th. The stock was sold at an average price of $75.75, for a total value of $78,552.75. Following the sale, the director now owns 20,789 shares in the company, valued at approximately $1,574,766.75. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In related news, insider Steven B. Morris sold 400 shares of the firm’s stock in a transaction dated Tuesday, April 30th. The stock was sold at an average price of $72.97, for a total value of $29,188.00. Following the sale, the insider now directly owns 4,082 shares of the company’s stock, valued at $297,863.54. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Essie Whitelaw sold 1,037 shares of the firm’s stock in a transaction dated Friday, May 17th. The shares were sold at an average price of $75.75, for a total value of $78,552.75. Following the completion of the sale, the director now directly owns 20,789 shares in the company, valued at $1,574,766.75. The disclosure for this sale can be found here. In the last 90 days, insiders sold 2,037 shares of company stock valued at $153,245. 1.40% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of research firms recently issued reports on SXT. StockNews.com raised Sensient Technologies from a “hold” rating to a “buy” rating in a research note on Friday. Robert W. Baird upped their price target on Sensient Technologies from $70.00 to $80.00 and gave the stock an “outperform” rating in a research report on Monday, April 29th.

Sensient Technologies Stock Down 0.3 %

NYSE:SXT traded down $0.22 during trading hours on Tuesday, reaching $75.47. 8,120 shares of the stock were exchanged, compared to its average volume of 203,409. Sensient Technologies Co. has a twelve month low of $52.90 and a twelve month high of $78.00. The company has a debt-to-equity ratio of 0.60, a current ratio of 4.31 and a quick ratio of 1.71. The firm has a 50 day moving average of $72.86 and a 200 day moving average of $67.28. The stock has a market cap of $3.20 billion, a PE ratio of 35.20 and a beta of 0.78.

Sensient Technologies (NYSE:SXT) last released its quarterly earnings results on Friday, April 26th. The specialty chemicals company reported $0.79 earnings per share for the quarter. The firm had revenue of $384.67 million during the quarter. Sensient Technologies had a return on equity of 11.40% and a net margin of 6.16%. On average, equities analysts expect that Sensient Technologies Co. will post 2.85 earnings per share for the current year.

Sensient Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 3rd. Stockholders of record on Monday, May 6th were issued a $0.41 dividend. This represents a $1.64 annualized dividend and a dividend yield of 2.17%. The ex-dividend date was Friday, May 3rd. Sensient Technologies’s payout ratio is presently 76.28%.

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.