2,667 Shares in Sensient Technologies Co. (NYSE:SXT) Purchased by Stanley Laman Group Ltd.

Stanley Laman Group Ltd. purchased a new stake in Sensient Technologies Co. (NYSE:SXT) during the 3rd quarter, Holdings Channel reports. The fund purchased 2,667 shares of the specialty chemicals company’s stock, valued at approximately $214,000.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Vanguard Group Inc. lifted its holdings in shares of Sensient Technologies by 1.2% in the fourth quarter. Vanguard Group Inc. now owns 5,389,711 shares of the specialty chemicals company’s stock valued at $355,721,000 after purchasing an additional 64,683 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Sensient Technologies by 3.4% in the second quarter. Dimensional Fund Advisors LP now owns 1,208,815 shares of the specialty chemicals company’s stock valued at $89,683,000 after purchasing an additional 39,290 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of Sensient Technologies by 5.4% in the second quarter. Bank of New York Mellon Corp now owns 541,998 shares of the specialty chemicals company’s stock valued at $40,211,000 after purchasing an additional 27,967 shares in the last quarter. SG Capital Management LLC lifted its holdings in shares of Sensient Technologies by 182.3% in the first quarter. SG Capital Management LLC now owns 280,176 shares of the specialty chemicals company’s stock valued at $19,385,000 after purchasing an additional 180,933 shares in the last quarter. Finally, BNP PARIBAS ASSET MANAGEMENT Holding S.A. lifted its holdings in shares of Sensient Technologies by 2.7% in the second quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 206,288 shares of the specialty chemicals company’s stock valued at $15,304,000 after purchasing an additional 5,400 shares in the last quarter. Hedge funds and other institutional investors own 90.86% of the company’s stock.

Insider Activity at Sensient Technologies

In related news, Director Gebhardt Deborah Mckeithan sold 2,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 14th. The shares were sold at an average price of $71.08, for a total transaction of $142,160.00. Following the completion of the transaction, the director now owns 15,162 shares of the company’s stock, valued at approximately $1,077,714.96. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 1.40% of the company’s stock.

Sensient Technologies Stock Performance

Shares of SXT opened at $77.05 on Thursday. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.72 and a current ratio of 4.16. The company has a market capitalization of $3.26 billion, a price-to-earnings ratio of 35.83 and a beta of 0.75. The company’s 50 day simple moving average is $76.39 and its 200 day simple moving average is $75.22. Sensient Technologies Co. has a 1 year low of $55.02 and a 1 year high of $82.99.

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

Analysts Set New Price Targets

Several analysts have issued reports on SXT shares. 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 upped their price objective on shares of Sensient Technologies from $80.00 to $85.00 and gave the company an “outperform” rating in a research note on Monday, July 29th.

Sensient Technologies 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.