Sensient Technologies Co. (NYSE:SXT) Shares Acquired by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans increased its holdings in shares of Sensient Technologies Co. (NYSE:SXT) by 5.7% during the 4th quarter, Holdings Channel.com reports. The fund owned 62,002 shares of the specialty chemicals company’s stock after buying an additional 3,359 shares during the period. Thrivent Financial for Lutherans’ holdings in Sensient Technologies were worth $4,418,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of the business. JPMorgan Chase & Co. lifted its holdings 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 purchasing an additional 18,235 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its stake 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 valued at $47,342,000 after buying an additional 7,235 shares during the last quarter. Verition Fund Management LLC acquired a new position in shares of Sensient Technologies during the third quarter valued at $635,000. Principal Financial Group Inc. grew its position 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 worth $15,385,000 after acquiring an additional 6,984 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. increased its holdings in shares of Sensient Technologies by 34.3% in 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 acquiring an additional 6,247 shares during the period. Institutional investors own 90.86% of the company’s stock.

Sensient Technologies Stock Up 0.8 %

Shares of Sensient Technologies stock opened at $73.39 on Tuesday. Sensient Technologies Co. has a 1-year low of $66.15 and a 1-year high of $82.99. The company has a market capitalization of $3.11 billion, a P/E ratio of 24.96 and a beta of 0.71. The business’s fifty day moving average price is $73.21 and its two-hundred day moving average price is $75.15. The company has a debt-to-equity ratio of 0.58, a current ratio of 3.55 and a quick ratio of 1.34.

Sensient Technologies (NYSE:SXT) last posted its quarterly earnings data on Friday, February 14th. The specialty chemicals company reported $0.65 earnings per share for the quarter, topping the consensus estimate of $0.64 by $0.01. The business had revenue of $376.40 million during the quarter, compared to the consensus estimate of $375.10 million. Sensient Technologies had a net margin of 8.01% and a return on equity of 11.93%. The company’s quarterly revenue was up 7.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.51 earnings per share. As a group, research analysts forecast that Sensient Technologies Co. will post 3.1 EPS for the current year.

Sensient Technologies Dividend Announcement

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

Wall Street Analyst Weigh In

Separately, StockNews.com cut shares of Sensient Technologies from a “buy” rating to a “hold” rating in a research report on Saturday.

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.