Sensient Technologies Corporation (SXT) Holdings Held by State Board of Administration of Florida Retirement System

State Board of Administration of Florida Retirement System continued to hold its stake in shares of Sensient Technologies Corporation (NYSE:SXT) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 26,317 shares of the specialty chemicals company’s stock at the close of the 2nd quarter. State Board of Administration of Florida Retirement System owned approximately 0.06% of Sensient Technologies Corporation worth $2,119,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of SXT. BlackRock Inc. grew its stake in Sensient Technologies Corporation by 22,190.3% during the first quarter. BlackRock Inc. now owns 4,553,467 shares of the specialty chemicals company’s stock worth $360,908,000 after buying an additional 4,533,039 shares during the last quarter. Vanguard Group Inc. grew its stake in Sensient Technologies Corporation by 6.6% during the first quarter. Vanguard Group Inc. now owns 4,145,433 shares of the specialty chemicals company’s stock worth $328,567,000 after buying an additional 256,125 shares during the last quarter. MARSHALL WACE ASIA Ltd bought a new stake in Sensient Technologies Corporation during the first quarter worth about $17,712,000. Aberdeen Asset Management PLC UK grew its stake in Sensient Technologies Corporation by 13.8% during the first quarter. Aberdeen Asset Management PLC UK now owns 769,474 shares of the specialty chemicals company’s stock worth $60,988,000 after buying an additional 93,026 shares during the last quarter. Finally, Citadel Advisors LLC grew its stake in Sensient Technologies Corporation by 218.5% during the first quarter. Citadel Advisors LLC now owns 95,914 shares of the specialty chemicals company’s stock worth $7,602,000 after buying an additional 65,796 shares during the last quarter. 89.59% of the stock is currently owned by hedge funds and other institutional investors.

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In other news, Director Joseph Carleone bought 1,000 shares of the firm’s stock in a transaction on Monday, July 24th. The shares were purchased at an average cost of $75.32 per share, with a total value of $75,320.00. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.95% of the stock is owned by company insiders.

Sensient Technologies Corporation (NYSE:SXT) opened at 73.23 on Tuesday. The stock’s 50 day moving average is $73.54 and its 200-day moving average is $78.85. Sensient Technologies Corporation has a 12 month low of $68.51 and a 12 month high of $84.98. The firm has a market capitalization of $3.21 billion, a price-to-earnings ratio of 29.49 and a beta of 1.08.

Sensient Technologies Corporation (NYSE:SXT) last released its earnings results on Thursday, July 20th. The specialty chemicals company reported $0.87 EPS for the quarter, meeting the consensus estimate of $0.87. Sensient Technologies Corporation had a net margin of 8.16% and a return on equity of 17.15%. The firm had revenue of $338.48 million for the quarter. Equities analysts anticipate that Sensient Technologies Corporation will post $3.41 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Friday, September 1st. Shareholders of record on Friday, August 4th were issued a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 1.64%. The ex-dividend date was Wednesday, August 2nd. Sensient Technologies Corporation’s dividend payout ratio is currently 48.39%.

Several brokerages have weighed in on SXT. KeyCorp reaffirmed a “buy” rating and set a $90.00 price objective on shares of Sensient Technologies Corporation in a research note on Thursday, August 24th. BidaskClub cut shares of Sensient Technologies Corporation from a “sell” rating to a “strong sell” rating in a research note on Thursday, August 3rd. Finally, Zacks Investment Research cut shares of Sensient Technologies Corporation from a “hold” rating to a “sell” rating in a research note on Thursday, July 27th.

Sensient Technologies Corporation Company Profile

Sensient Technologies Corporation is a manufacturer and marketer of colors, flavors and fragrances. The Company uses technologies at facilities around the world to develop specialty food and beverage systems, cosmetic and pharmaceutical systems, specialty inks and colors, and other specialty and fine chemicals.

Institutional Ownership by Quarter for Sensient Technologies Corporation (NYSE:SXT)

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