WINTON GROUP Ltd Buys Shares of 7,158 Sensient Technologies Co. (NYSE:SXT)

WINTON GROUP Ltd bought a new stake in shares of Sensient Technologies Co. (NYSE:SXT) in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 7,158 shares of the specialty chemicals company’s stock, valued at approximately $531,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Robeco Schweiz AG increased its stake in Sensient Technologies by 12.8% during the fourth quarter. Robeco Schweiz AG now owns 92,840 shares of the specialty chemicals company’s stock valued at $6,127,000 after purchasing an additional 10,500 shares during the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. boosted its holdings in shares of Sensient Technologies by 16.7% during the first quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 200,888 shares of the specialty chemicals company’s stock valued at $13,899,000 after acquiring an additional 28,788 shares during the period. UniSuper Management Pty Ltd acquired a new position in shares of Sensient Technologies during the first quarter valued at $736,000. Dimensional Fund Advisors LP boosted its holdings in shares of Sensient Technologies by 12.5% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,161,451 shares of the specialty chemicals company’s stock valued at $76,657,000 after acquiring an additional 129,386 shares during the period. Finally, Moody National Bank Trust Division boosted its holdings in shares of Sensient Technologies by 31.6% during the first quarter. Moody National Bank Trust Division now owns 13,841 shares of the specialty chemicals company’s stock valued at $958,000 after acquiring an additional 3,320 shares during the period. Institutional investors own 90.86% of the company’s stock.

Insider Buying and Selling

In related news, Director Gebhardt Deborah Mckeithan sold 2,000 shares of the company’s stock in a transaction dated Wednesday, August 14th. The shares were sold at an average price of $71.08, for a total value of $142,160.00. Following the completion of the sale, the director now owns 15,162 shares of the company’s stock, valued at $1,077,714.96. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 1.40% of the company’s stock.

Sensient Technologies Stock Performance

SXT stock opened at $76.66 on Wednesday. The company has a market capitalization of $3.25 billion, a P/E ratio of 35.70 and a beta of 0.75. The company has a 50-day simple moving average of $75.63 and a 200 day simple moving average of $73.44. Sensient Technologies Co. has a fifty-two week low of $52.90 and a fifty-two week high of $82.99. The company has a quick ratio of 1.72, a current ratio of 4.16 and a debt-to-equity ratio of 0.60.

Sensient Technologies (NYSE:SXT) last posted its quarterly earnings data on Friday, July 26th. The specialty chemicals company reported $0.77 earnings per share for the quarter. The business had revenue of $403.53 million during the quarter. Sensient Technologies had a net margin of 5.83% and a return on equity of 11.25%. Sell-side analysts predict that Sensient Technologies Co. will post 2.82 earnings per share for the current fiscal year.

Sensient Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 3rd. Investors of record on Monday, August 5th were issued a $0.41 dividend. This represents a $1.64 annualized dividend and a yield of 2.14%. The ex-dividend date of this dividend was Monday, August 5th. Sensient Technologies’s payout ratio is currently 76.28%.

Analyst Ratings Changes

SXT has been the subject of several analyst reports. StockNews.com downgraded shares of Sensient Technologies from a “buy” rating to a “hold” rating in a report on Thursday, July 25th. Robert W. Baird boosted their price target on shares of Sensient Technologies from $80.00 to $85.00 and gave the company an “outperform” rating in a report on Monday, July 29th.

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.