Sensient Technologies Co. (NYSE:SXT) Shares Sold by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC trimmed its position in Sensient Technologies Co. (NYSE:SXT) by 0.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 354,064 shares of the specialty chemicals company’s stock after selling 2,437 shares during the quarter. Segall Bryant & Hamill LLC’s holdings in Sensient Technologies were worth $25,231,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the company. JPMorgan Chase & Co. lifted its position in shares of Sensient Technologies by 22.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 99,938 shares of the specialty chemicals company’s stock worth $8,017,000 after buying an additional 18,235 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in Sensient Technologies by 1.2% in the third quarter. Charles Schwab Investment Management Inc. now owns 590,149 shares of the specialty chemicals company’s stock worth $47,342,000 after acquiring an additional 7,235 shares during the last quarter. Verition Fund Management LLC acquired a new position in Sensient Technologies in the third quarter valued at approximately $635,000. Principal Financial Group Inc. grew its holdings in shares of Sensient Technologies by 3.3% during the fourth quarter. Principal Financial Group Inc. now owns 215,895 shares of the specialty chemicals company’s stock valued at $15,385,000 after purchasing an additional 6,984 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. raised its position in shares of Sensient Technologies by 34.3% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 24,449 shares of the specialty chemicals company’s stock worth $1,742,000 after purchasing an additional 6,247 shares during the period. 90.86% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, StockNews.com downgraded Sensient Technologies from a “buy” rating to a “hold” rating in a research note on Saturday.

Sensient Technologies Trading Up 0.8 %

Sensient Technologies stock opened at $73.39 on Tuesday. Sensient Technologies Co. has a 52-week low of $66.15 and a 52-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 firm has a market capitalization of $3.11 billion, a price-to-earnings ratio of 24.96 and a beta of 0.71. The firm has a 50-day moving average price of $73.21 and a two-hundred day moving average price of $75.15.

Sensient Technologies (NYSE:SXT) last issued its quarterly earnings data on Friday, February 14th. The specialty chemicals company reported $0.65 earnings per share (EPS) for the quarter, topping the consensus estimate 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 during the quarter, compared to the consensus estimate of $375.10 million. During the same period in the previous year, the firm posted $0.51 earnings per share. The business’s revenue was up 7.8% on a year-over-year basis. Sell-side analysts expect that Sensient Technologies Co. will post 3.1 earnings per share for the current year.

Sensient Technologies Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 4th were issued a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.23%. The ex-dividend date of this dividend was Tuesday, February 4th. Sensient Technologies’s dividend payout ratio (DPR) is 55.78%.

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.