2,095 Shares in Sensient Technologies Corporation $SXT Bought by Ellevest Inc.

Ellevest Inc. acquired a new stake in Sensient Technologies Corporation (NYSE:SXT) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 2,095 shares of the specialty chemicals company’s stock, valued at approximately $206,000.

Other large investors have also bought and sold shares of the company. Bank of Montreal Can raised its stake in Sensient Technologies by 1.3% during the 2nd quarter. Bank of Montreal Can now owns 8,418 shares of the specialty chemicals company’s stock worth $829,000 after buying an additional 111 shares during the period. Versor Investments LP bought a new position in shares of Sensient Technologies in the second quarter valued at $256,000. Pier Capital LLC acquired a new position in shares of Sensient Technologies during the second quarter valued at about $4,916,000. Keybank National Association OH acquired a new stake in shares of Sensient Technologies in the 2nd quarter worth about $426,000. Finally, Envestnet Asset Management Inc. boosted its stake in Sensient Technologies by 2.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 24,748 shares of the specialty chemicals company’s stock valued at $2,438,000 after purchasing an additional 675 shares during the last quarter. 90.86% of the stock is currently owned by institutional investors and hedge funds.

Sensient Technologies Trading Up 1.2%

NYSE:SXT opened at $93.12 on Friday. Sensient Technologies Corporation has a 52 week low of $66.14 and a 52 week high of $121.54. The firm has a 50-day moving average price of $98.50 and a two-hundred day moving average price of $101.05. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.78 and a current ratio of 4.25. The firm has a market cap of $3.95 billion, a price-to-earnings ratio of 29.37 and a beta of 0.61.

Sensient Technologies (NYSE:SXT) last released its earnings results on Friday, October 31st. The specialty chemicals company reported $0.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.90 by $0.06. The company had revenue of $412.11 million during the quarter, compared to analyst estimates of $407.45 million. Sensient Technologies had a return on equity of 12.56% and a net margin of 8.56%.Sensient Technologies’s quarterly revenue was up 5.0% on a year-over-year basis. During the same period in the prior year, the company posted $0.80 earnings per share. Sensient Technologies has set its FY 2025 guidance at 3.130-3.230 EPS. On average, equities analysts expect that Sensient Technologies Corporation will post 3.1 earnings per share for the current fiscal year.

Sensient Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 1st. Stockholders of record on Monday, November 10th will be given a dividend of $0.41 per share. The ex-dividend date of this dividend is Monday, November 10th. This represents a $1.64 annualized dividend and a dividend yield of 1.8%. Sensient Technologies’s dividend payout ratio (DPR) is currently 50.15%.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “buy (b-)” rating on shares of Sensient Technologies in a research note on Wednesday, October 8th. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $110.00.

Insider Buying and Selling at Sensient Technologies

In related news, Director Joseph Carleone acquired 1,000 shares of the stock in a transaction on Monday, November 3rd. The shares were acquired at an average price of $91.26 per share, with a total value of $91,260.00. Following the completion of the transaction, the director owned 22,414 shares in the company, valued at approximately $2,045,501.64. The trade was a 4.67% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP David J. Plautz bought 2,150 shares of the company’s stock in a transaction on Tuesday, November 4th. The stock was bought at an average price of $92.98 per share, for a total transaction of $199,907.00. Following the completion of the purchase, the vice president owned 2,999 shares of the company’s stock, valued at approximately $278,847.02. The trade was a 253.24% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last ninety days, insiders have bought 3,170 shares of company stock valued at $293,506. Insiders own 1.20% of the company’s stock.

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.