Linden Thomas Advisory Services LLC Has $731,000 Stock Holdings in Sensient Technologies Co. (NYSE:SXT)

Linden Thomas Advisory Services LLC raised its stake in Sensient Technologies Co. (NYSE:SXT) by 23.1% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 10,265 shares of the specialty chemicals company’s stock after buying an additional 1,923 shares during the quarter. Linden Thomas Advisory Services LLC’s holdings in Sensient Technologies were worth $731,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the stock. Franklin Resources Inc. increased its stake in Sensient Technologies by 4.8% in the 3rd quarter. Franklin Resources Inc. now owns 3,462 shares of the specialty chemicals company’s stock valued at $270,000 after buying an additional 160 shares during the period. US Bancorp DE grew its position in Sensient Technologies by 6.1% in the third quarter. US Bancorp DE now owns 6,355 shares of the specialty chemicals company’s stock worth $510,000 after acquiring an additional 366 shares in the last quarter. Quarry LP bought a new stake in Sensient Technologies in the second quarter worth approximately $29,000. Inspire Investing LLC grew its position in Sensient Technologies by 8.3% in the third quarter. Inspire Investing LLC now owns 5,147 shares of the specialty chemicals company’s stock worth $413,000 after acquiring an additional 393 shares in the last quarter. Finally, SG Americas Securities LLC grew its position in Sensient Technologies by 32.0% in the fourth quarter. SG Americas Securities LLC now owns 2,229 shares of the specialty chemicals company’s stock worth $159,000 after acquiring an additional 541 shares in the last quarter. Institutional investors and hedge funds own 90.86% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of Sensient Technologies from a “hold” rating to a “buy” rating in a research report on Monday, October 28th.

Insider Buying and Selling

In related news, insider Michael C. Geraghty sold 4,000 shares of the company’s stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $80.48, for a total transaction of $321,920.00. Following the completion of the sale, the insider now directly owns 36,518 shares of the company’s stock, valued at approximately $2,938,968.64. This represents a 9.87 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.40% of the stock is owned by insiders.

Sensient Technologies Stock Performance

SXT stock opened at $76.02 on Monday. The company has a quick ratio of 1.47, a current ratio of 3.74 and a debt-to-equity ratio of 0.58. The firm has a 50 day moving average of $74.50 and a two-hundred day moving average of $75.97. The company has a market capitalization of $3.22 billion, a price-to-earnings ratio of 36.37 and a beta of 0.77. Sensient Technologies Co. has a 12 month low of $55.02 and a 12 month high of $82.99.

Sensient Technologies (NYSE:SXT) last posted its quarterly earnings data on Friday, October 25th. The specialty chemicals company reported $0.80 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.80. The business had revenue of $392.61 million during the quarter, compared to the consensus estimate of $390.64 million. Sensient Technologies had a net margin of 5.80% and a return on equity of 11.41%. Sensient Technologies’s quarterly revenue was up 7.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.75 EPS. As a group, equities analysts anticipate that Sensient Technologies Co. will post 2.82 EPS for the current fiscal year.

Sensient Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 4th will be issued a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a dividend yield of 2.16%. The ex-dividend date is Tuesday, February 4th. Sensient Technologies’s dividend payout ratio is currently 78.47%.

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.