Charles Schwab Investment Management Inc. Has $42.83 Million Stock Holdings in Sensient Technologies Co. (NYSE:SXT)

Charles Schwab Investment Management Inc. lifted its stake in Sensient Technologies Co. (NYSE:SXT - Free Report) by 1.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 601,033 shares of the specialty chemicals company's stock after acquiring an additional 10,884 shares during the period. Charles Schwab Investment Management Inc. owned 1.42% of Sensient Technologies worth $42,830,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in SXT. State Street Corp lifted its stake in shares of Sensient Technologies by 3.7% in the 3rd quarter. State Street Corp now owns 1,694,114 shares of the specialty chemicals company's stock worth $135,902,000 after acquiring an additional 60,622 shares during the period. Barclays PLC raised its holdings in shares of Sensient Technologies by 309.3% in the 3rd quarter. Barclays PLC now owns 77,260 shares of the specialty chemicals company's stock worth $6,197,000 after purchasing an additional 58,386 shares in the last quarter. Robeco Schweiz AG raised its holdings in shares of Sensient Technologies by 34.9% in the 4th quarter. Robeco Schweiz AG now owns 158,329 shares of the specialty chemicals company's stock worth $11,283,000 after purchasing an additional 40,989 shares in the last quarter. FMR LLC raised its holdings in shares of Sensient Technologies by 124.0% in the 3rd quarter. FMR LLC now owns 59,223 shares of the specialty chemicals company's stock worth $4,751,000 after purchasing an additional 32,784 shares in the last quarter. Finally, Citigroup Inc. raised its holdings in shares of Sensient Technologies by 88.4% in the 3rd quarter. Citigroup Inc. now owns 55,880 shares of the specialty chemicals company's stock worth $4,483,000 after purchasing an additional 26,219 shares in the last quarter. 90.86% of the stock is owned by institutional investors and hedge funds.

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Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded shares of Sensient Technologies from a "hold" rating to a "buy" rating in a report on Friday.

Sensient Technologies Trading Up 1.3 %

Shares of SXT stock traded up $0.98 during trading hours on Tuesday, reaching $74.00. 254,911 shares of the stock traded hands, compared to its average volume of 167,294. Sensient Technologies Co. has a 1-year low of $66.15 and a 1-year high of $82.99. The business has a fifty day moving average price of $72.76 and a 200 day moving average price of $75.25. The company has a quick ratio of 1.34, a current ratio of 3.55 and a debt-to-equity ratio of 0.58. The firm has a market capitalization of $3.14 billion, a PE ratio of 25.17 and a beta of 0.71.

Sensient Technologies (NYSE:SXT - Get Free Report) last released its quarterly earnings results on Friday, February 14th. The specialty chemicals company reported $0.65 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.64 by $0.01. Sensient Technologies had a net margin of 8.01% and a return on equity of 11.93%. The business had revenue of $376.40 million for the quarter, compared to analyst estimates of $375.10 million. During the same quarter in the previous year, the business earned $0.51 earnings per share. The firm's revenue was up 7.8% compared to the same quarter last year. On average, equities research analysts forecast that Sensient Technologies Co. will post 3.1 EPS for the current year.

Sensient Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 4th were paid a $0.41 dividend. The ex-dividend date of this dividend was Tuesday, February 4th. This represents a $1.64 annualized dividend and a yield of 2.22%. Sensient Technologies's dividend payout ratio is presently 55.78%.

About Sensient Technologies

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.