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

Linden Thomas Advisory Services LLC grew its holdings in Sensient Technologies Co. (NYSE:SXT) by 23.1% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor 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 as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in the business. State Street Corp raised its stake in shares of Sensient Technologies by 3.7% in the 3rd quarter. State Street Corp now owns 1,694,114 shares of the specialty chemicals company’s stock valued at $135,902,000 after buying an additional 60,622 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of Sensient Technologies by 1.7% in the 3rd quarter. Geode Capital Management LLC now owns 961,455 shares of the specialty chemicals company’s stock valued at $77,143,000 after buying an additional 15,868 shares in the last quarter. Charles Schwab Investment Management Inc. raised its stake in shares of Sensient Technologies by 1.2% in the 3rd 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 in the last quarter. JPMorgan Chase & Co. raised its stake 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 valued at $8,017,000 after buying an additional 18,235 shares in the last quarter. Finally, Eagle Asset Management Inc. raised its stake in shares of Sensient Technologies by 2.3% in the 3rd quarter. Eagle Asset Management Inc. now owns 86,390 shares of the specialty chemicals company’s stock valued at $6,874,000 after buying an additional 1,909 shares in the last quarter. Institutional investors and hedge funds own 90.86% of the company’s stock.

Insiders Place Their Bets

In other Sensient Technologies news, insider Michael C. Geraghty sold 4,000 shares of the stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $80.48, for a total transaction of $321,920.00. Following the sale, the insider now owns 36,518 shares of the company’s stock, valued at $2,938,968.64. This represents a 9.87 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 1.40% of the company’s stock.

Sensient Technologies Trading Down 0.4 %

Shares of Sensient Technologies stock opened at $76.02 on Monday. The stock has a market capitalization of $3.22 billion, a P/E ratio of 36.37 and a beta of 0.77. 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 company has a 50-day simple moving average of $74.50 and a 200 day simple moving average of $75.97. Sensient Technologies Co. has a 12-month low of $55.02 and a 12-month high of $82.99.

Sensient Technologies (NYSE:SXT) last announced its earnings results on Friday, October 25th. The specialty chemicals company reported $0.80 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.80. The business had revenue of $392.61 million during the quarter, compared to analysts’ expectations of $390.64 million. Sensient Technologies had a net margin of 5.80% and a return on equity of 11.41%. The firm’s revenue for the quarter was up 7.9% on a year-over-year basis. During the same quarter last year, the company posted $0.75 EPS. Research analysts expect that Sensient Technologies Co. will post 2.82 earnings per share for the current fiscal year.

Sensient Technologies Dividend Announcement

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

Wall Street Analysts Forecast Growth

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

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.