Essie Whitelaw Sells 3,985 Shares of Sensient Technologies (NYSE:SXT) Stock

Sensient Technologies Corporation (NYSE:SXT) Director Essie Whitelaw sold 3,985 shares of the business’s stock in a transaction on Wednesday, December 3rd. The shares were sold at an average price of $95.02, for a total transaction of $378,654.70. Following the transaction, the director owned 17,128 shares in the company, valued at approximately $1,627,502.56. This represents a 18.87% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Essie Whitelaw also recently made the following trade(s):

• On Thursday, November 20th, Essie Whitelaw sold 533 shares of Sensient Technologies stock. The stock was sold at an average price of $93.22, for a total value of $49,686.26.

Sensient Technologies Stock Up 1.9%

SXT traded up $1.80 during trading on Thursday, reaching $94.42. 261,352 shares of the stock traded hands, compared to its average volume of 391,183. The stock’s 50-day simple moving average is $94.24 and its two-hundred day simple moving average is $101.56. The company has a debt-to-equity ratio of 0.60, a current ratio of 4.59 and a quick ratio of 1.79. Sensient Technologies Corporation has a fifty-two week low of $66.14 and a fifty-two week high of $121.54. The stock has a market cap of $4.01 billion, a price-to-earnings ratio of 28.88 and a beta of 0.58.

Sensient Technologies (NYSE:SXT) last issued its earnings results on Friday, October 31st. The specialty chemicals company reported $0.96 earnings per share for the quarter, topping the consensus estimate of $0.90 by $0.06. The company had revenue of $412.11 million for the quarter, compared to analyst estimates of $407.45 million. Sensient Technologies had a return on equity of 12.91% and a net margin of 8.72%.The business’s revenue was up 5.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.80 EPS. Sensient Technologies has set its FY 2025 guidance at 3.130-3.230 EPS. As a group, equities research analysts expect that Sensient Technologies Corporation will post 3.1 EPS for the current year.

Sensient Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, December 1st. Shareholders of record on Monday, November 10th were paid a $0.41 dividend. The ex-dividend date was Monday, November 10th. This represents a $1.64 dividend on an annualized basis and a yield of 1.7%. Sensient Technologies’s payout ratio is 50.15%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Private Trust Co. NA bought a new position in Sensient Technologies in the 2nd quarter worth $29,000. State of Wyoming acquired a new stake in shares of Sensient Technologies in the third quarter valued at about $32,000. EverSource Wealth Advisors LLC increased its stake in shares of Sensient Technologies by 181.1% in the second quarter. EverSource Wealth Advisors LLC now owns 475 shares of the specialty chemicals company’s stock worth $47,000 after purchasing an additional 306 shares during the period. Danske Bank A S bought a new position in shares of Sensient Technologies in the third quarter worth about $47,000. Finally, Quarry LP acquired a new position in shares of Sensient Technologies during the 3rd quarter worth about $54,000. 90.86% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “hold (c+)” rating on shares of Sensient Technologies in a research report on Monday. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $110.00.

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.