Robeco Schweiz AG Acquires 40,989 Shares of Sensient Technologies Co. (NYSE:SXT)

Robeco Schweiz AG boosted its stake in shares of Sensient Technologies Co. (NYSE:SXT - Free Report) by 34.9% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 158,329 shares of the specialty chemicals company's stock after purchasing an additional 40,989 shares during the quarter. Robeco Schweiz AG owned about 0.37% of Sensient Technologies worth $11,283,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of SXT. Franklin Resources Inc. raised its holdings in Sensient Technologies by 4.8% in the 3rd quarter. Franklin Resources Inc. now owns 3,462 shares of the specialty chemicals company's stock worth $270,000 after acquiring an additional 160 shares during the period. US Bancorp DE lifted its position in shares of Sensient Technologies by 6.1% during the 3rd quarter. US Bancorp DE now owns 6,355 shares of the specialty chemicals company's stock worth $510,000 after purchasing an additional 366 shares during the last quarter. Inspire Investing LLC boosted its stake in Sensient Technologies by 9.1% during the 4th quarter. Inspire Investing LLC now owns 5,617 shares of the specialty chemicals company's stock valued at $400,000 after purchasing an additional 470 shares during the period. SG Americas Securities LLC grew its holdings in Sensient Technologies by 32.0% in the 4th quarter. SG Americas Securities LLC now owns 2,229 shares of the specialty chemicals company's stock valued at $159,000 after buying an additional 541 shares during the last quarter. Finally, Olympiad Research LP increased its position in Sensient Technologies by 22.5% in the 4th quarter. Olympiad Research LP now owns 3,806 shares of the specialty chemicals company's stock worth $271,000 after buying an additional 698 shares during the period. 90.86% of the stock is currently owned by institutional investors and hedge funds.

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Analysts Set New Price Targets

Separately, StockNews.com cut Sensient Technologies from a "buy" rating to a "hold" rating in a research report on Tuesday, February 25th.

Sensient Technologies Stock Performance

NYSE SXT traded up $0.99 during midday trading on Friday, hitting $69.35. The company had a trading volume of 266,017 shares, compared to its average volume of 213,570. The firm has a fifty day simple moving average of $72.69 and a two-hundred day simple moving average of $75.41. Sensient Technologies Co. has a fifty-two week low of $64.76 and a fifty-two week high of $82.99. 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 stock has a market cap of $2.94 billion, a price-to-earnings ratio of 23.59 and a beta of 0.77.

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

Sensient Technologies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Tuesday, February 4th will be paid a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a yield of 2.36%. The ex-dividend date of this dividend is Tuesday, February 4th. Sensient Technologies's dividend payout ratio is 55.78%.

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.