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Gamco Investors INC. ET AL Sells 9,776 Shares of Sensient Technologies Co. (NYSE:SXT)

Defense World ·  Sep 14, 2022 04:12

Gamco Investors INC. ET AL lowered its position in Sensient Technologies Co. (NYSE:SXT – Get Rating) by 2.3% during the first quarter, according to its most recent filing with the SEC. The firm owned 413,557 shares of the specialty chemicals company's stock after selling 9,776 shares during the period. Gamco Investors INC. ET AL owned 0.98% of Sensient Technologies worth $34,718,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of the company. Jane Street Group LLC lifted its holdings in Sensient Technologies by 209.2% in the first quarter. Jane Street Group LLC now owns 7,523 shares of the specialty chemicals company's stock valued at $632,000 after buying an additional 5,090 shares during the period. Quantbot Technologies LP bought a new stake in shares of Sensient Technologies during the 1st quarter valued at about $414,000. First Republic Investment Management Inc. grew its stake in Sensient Technologies by 2.4% during the first quarter. First Republic Investment Management Inc. now owns 6,678 shares of the specialty chemicals company's stock worth $561,000 after purchasing an additional 156 shares during the period. Guggenheim Capital LLC lifted its stake in Sensient Technologies by 22.9% in the first quarter. Guggenheim Capital LLC now owns 24,389 shares of the specialty chemicals company's stock valued at $2,048,000 after buying an additional 4,547 shares during the period. Finally, Lombard Odier Asset Management Europe Ltd grew its position in shares of Sensient Technologies by 981.0% during the 1st quarter. Lombard Odier Asset Management Europe Ltd now owns 128,147 shares of the specialty chemicals company's stock worth $10,758,000 after buying an additional 116,293 shares during the period. 88.92% of the stock is owned by institutional investors.

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Sensient Technologies Stock Performance

NYSE:SXT opened at $76.81 on Wednesday. The firm has a market capitalization of $3.23 billion, a P/E ratio of 23.63 and a beta of 0.88. Sensient Technologies Co. has a twelve month low of $72.75 and a twelve month high of $106.32. The company has a fifty day moving average of $82.74 and a 200-day moving average of $82.23. The company has a quick ratio of 1.40, a current ratio of 3.11 and a debt-to-equity ratio of 0.52.

Sensient Technologies (NYSE:SXT – Get Rating) last released its quarterly earnings data on Friday, July 22nd. The specialty chemicals company reported $0.92 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.89 by $0.03. The company had revenue of $371.70 million for the quarter, compared to analysts' expectations of $358.70 million. Sensient Technologies had a net margin of 9.69% and a return on equity of 14.96%. The business's revenue was up 10.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.79 EPS.

Sensient Technologies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, September 1st. Investors of record on Monday, August 1st were issued a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.14%. The ex-dividend date of this dividend was Friday, July 29th. Sensient Technologies's dividend payout ratio is currently 50.46%.

Sensient Technologies Profile

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Sensient Technologies Corporation, together with its subsidiaries, develops, manufactures, and markets colors, flavors, and other specialty ingredients in North America, Europe, the Asia Pacific, and internationally. It operates through three segments: Flavors & Extracts Group, Color Group, and Asia Pacific Group.

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