Dimensional Fund Advisors LP Has $87.20 Million Stock Holdings in Sensient Technologies Co. (NYSE:SXT)

Dimensional Fund Advisors LP lifted its position in shares of Sensient Technologies Co. (NYSE:SXT) by 2.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,223,728 shares of the specialty chemicals company’s stock after purchasing an additional 26,119 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Sensient Technologies were worth $87,203,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. JPMorgan Chase & Co. grew its stake in Sensient Technologies by 22.3% in the third quarter. JPMorgan Chase & Co. now owns 99,938 shares of the specialty chemicals company’s stock valued at $8,017,000 after acquiring an additional 18,235 shares during the period. Wells Fargo & Company MN grew its position in shares of Sensient Technologies by 13.6% in the 4th quarter. Wells Fargo & Company MN now owns 55,482 shares of the specialty chemicals company’s stock valued at $3,954,000 after purchasing an additional 6,624 shares during the period. Invesco Ltd. increased its stake in Sensient Technologies by 4.0% during the 4th quarter. Invesco Ltd. now owns 185,490 shares of the specialty chemicals company’s stock worth $13,218,000 after purchasing an additional 7,148 shares in the last quarter. Principal Financial Group Inc. raised its holdings in Sensient Technologies by 3.3% during the 4th quarter. Principal Financial Group Inc. now owns 215,895 shares of the specialty chemicals company’s stock worth $15,385,000 after buying an additional 6,984 shares during the period. Finally, Robeco Institutional Asset Management B.V. lifted its stake in Sensient Technologies by 34.3% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 24,449 shares of the specialty chemicals company’s stock valued at $1,742,000 after buying an additional 6,247 shares in the last quarter. Institutional investors own 90.86% of the company’s stock.

Sensient Technologies Stock Up 4.9 %

Sensient Technologies stock opened at $94.49 on Wednesday. The company has a fifty day simple moving average of $74.19 and a 200 day simple moving average of $75.03. Sensient Technologies Co. has a 1-year low of $66.15 and a 1-year high of $94.64. The company has a current ratio of 3.55, a quick ratio of 1.34 and a debt-to-equity ratio of 0.58. The company has a market cap of $4.01 billion, a P/E ratio of 32.14 and a beta of 0.63.

Sensient Technologies (NYSE:SXT) last issued its quarterly earnings results on Friday, April 25th. The specialty chemicals company reported $0.86 EPS for the quarter, beating the consensus estimate of $0.82 by $0.04. Sensient Technologies had a return on equity of 11.93% and a net margin of 8.01%. The firm had revenue of $392.33 million during the quarter, compared to analysts’ expectations of $387.70 million. During the same period in the prior year, the firm posted $0.73 earnings per share. The business’s quarterly revenue was up 2.0% compared to the same quarter last year. Research analysts anticipate that Sensient Technologies Co. will post 3.1 earnings per share for the current fiscal year.

Sensient Technologies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Monday, May 12th will be paid a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a yield of 1.74%. The ex-dividend date of this dividend is Monday, May 12th. Sensient Technologies’s dividend payout ratio is currently 54.30%.

Analyst Ratings Changes

A number of brokerages recently commented on SXT. StockNews.com lowered shares of Sensient Technologies from a “buy” rating to a “hold” rating in a report on Saturday, March 22nd. Robert W. Baird lifted their price target on Sensient Technologies from $85.00 to $93.00 and gave the company an “outperform” rating in a research note on Monday.

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.