Vanguard Group Inc. Has $360.91 Million Position in Sensient Technologies Co. (NYSE:SXT)

Vanguard Group Inc. increased its position in shares of Sensient Technologies Co. (NYSE:SXT - Free Report) by 0.7% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 5,064,724 shares of the specialty chemicals company's stock after buying an additional 36,406 shares during the quarter. Vanguard Group Inc. owned about 11.96% of Sensient Technologies worth $360,912,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the business. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of Sensient Technologies during the fourth quarter worth about $25,000. Jones Financial Companies Lllp boosted its holdings in Sensient Technologies by 18,766.7% in the fourth quarter. Jones Financial Companies Lllp now owns 566 shares of the specialty chemicals company's stock valued at $40,000 after purchasing an additional 563 shares during the period. R Squared Ltd purchased a new stake in Sensient Technologies during the 4th quarter worth about $65,000. Smartleaf Asset Management LLC lifted its stake in Sensient Technologies by 152.4% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,123 shares of the specialty chemicals company's stock worth $80,000 after acquiring an additional 678 shares during the last quarter. Finally, KBC Group NV grew its holdings in Sensient Technologies by 77.3% during the 4th quarter. KBC Group NV now owns 1,787 shares of the specialty chemicals company's stock worth $127,000 after acquiring an additional 779 shares in the last quarter. 90.86% of the stock is currently owned by hedge funds and other institutional investors.

Sensient Technologies Price Performance

Shares of NYSE:SXT traded down $3.67 on Tuesday, hitting $68.70. The company had a trading volume of 828,856 shares, compared to its average volume of 195,127. The company has a market cap of $2.91 billion, a PE ratio of 23.37 and a beta of 0.63. The company has a current ratio of 3.55, a quick ratio of 1.34 and a debt-to-equity ratio of 0.58. The business has a 50 day moving average of $72.93 and a 200 day moving average of $74.96. Sensient Technologies Co. has a 52-week low of $66.15 and a 52-week high of $82.99.

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Sensient Technologies (NYSE:SXT - Get Free Report) last released its quarterly earnings data on Friday, February 14th. The specialty chemicals company reported $0.65 EPS 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 company 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 posted $0.51 EPS. The company's quarterly revenue was up 7.8% compared to the same quarter last year. As a group, equities analysts anticipate that Sensient Technologies Co. will post 3.1 earnings per share for the current fiscal year.

Sensient Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 4th were paid a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.39%. The ex-dividend date was Tuesday, February 4th. Sensient Technologies's dividend payout ratio is currently 55.78%.

Analysts Set New Price Targets

Separately, StockNews.com downgraded shares of Sensient Technologies from a "buy" rating to a "hold" rating in a research report on Saturday, March 22nd.

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.