Key Points
- Essie Whitelaw sold 3,985 Sensient (NYSE:SXT) shares on Dec. 3 at an average price of $95.02 for a total of $378,654.70, cutting her stake by 18.87% to 17,128 shares valued at about $1.63M.
- Sensient beat Q3 estimates, reporting $0.96 EPS vs. $0.90 expected and $412.11M in revenue, set FY2025 guidance of 3.130–3.230 EPS, pays a $0.41 quarterly dividend (1.7% yield), and has a consensus "Hold" rating with a $110 target.
Sensient Technologies Corporation (NYSE:SXT - Get Free Report) Director Essie Whitelaw sold 533 shares of Sensient Technologies stock in a transaction on Thursday, November 20th. The stock was sold at an average price of $93.22, for a total value of $49,686.26. Following the sale, the director owned 21,101 shares in the company, valued at $1,967,035.22. This trade represents a 2.46% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this link.
Essie Whitelaw also recently made the following trade(s):
- On Wednesday, December 3rd, Essie Whitelaw sold 3,985 shares of Sensient Technologies stock. The stock was sold at an average price of $95.02, for a total transaction of $378,654.70.
Sensient Technologies Stock Performance
Shares of SXT stock traded down $1.03 during trading hours on Friday, hitting $93.39. 11,959 shares of the company were exchanged, compared to its average volume of 389,539. The firm has a fifty day simple moving average of $94.19 and a 200 day simple moving average of $101.51. Sensient Technologies Corporation has a 52-week low of $66.14 and a 52-week high of $121.54. The stock has a market capitalization of $3.97 billion, a price-to-earnings ratio of 28.56 and a beta of 0.58. The company has a current ratio of 4.59, a quick ratio of 1.79 and a debt-to-equity ratio of 0.60.
Sensient Technologies (NYSE:SXT - Get Free Report) last issued its earnings results on Friday, October 31st. The specialty chemicals company reported $0.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.90 by $0.06. Sensient Technologies had a return on equity of 12.91% and a net margin of 8.72%.The firm had revenue of $412.11 million for the quarter, compared to analyst estimates of $407.45 million. During the same period in the previous year, the company posted $0.80 earnings per share. The business's revenue was up 5.0% on a year-over-year basis. Sensient Technologies has set its FY 2025 guidance at 3.130-3.230 EPS. Research analysts predict that Sensient Technologies Corporation will post 3.1 earnings per share for the current fiscal 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 issued a dividend of $0.41 per share. The ex-dividend date of this dividend was Monday, November 10th. This represents a $1.64 dividend on an annualized basis and a yield of 1.8%. Sensient Technologies's payout ratio is presently 50.15%.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently bought and sold shares of the business. Private Trust Co. NA acquired a new position in Sensient Technologies in the 2nd quarter valued at about $29,000. State of Wyoming purchased a new position in Sensient Technologies during the 3rd quarter worth $32,000. EverSource Wealth Advisors LLC raised its position in Sensient Technologies by 181.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 475 shares of the specialty chemicals company's stock worth $47,000 after buying an additional 306 shares during the last quarter. Danske Bank A S acquired a new stake in shares of Sensient Technologies in the 3rd quarter worth $47,000. Finally, Quarry LP purchased a new stake in shares of Sensient Technologies in the third quarter valued at about $54,000. 90.86% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
Separately, Weiss Ratings reiterated a "hold (c+)" rating on shares of Sensient Technologies in a research note on Monday. One analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $110.00.
Check Out Our Latest Research Report on SXT
Sensient Technologies Company Profile
(
Get Free Report)
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.
See Also
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
