BNP Paribas Financial Markets Has $1.73 Million Holdings in Sensient Technologies Co. (NYSE:SXT)

BNP Paribas Financial Markets boosted its holdings in shares of Sensient Technologies Co. (NYSE:SXT) by 28.7% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,534 shares of the specialty chemicals company’s stock after purchasing an additional 4,804 shares during the period. BNP Paribas Financial Markets owned 0.05% of Sensient Technologies worth $1,727,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Quarry LP bought a new stake in shares of Sensient Technologies during the second quarter worth $29,000. nVerses Capital LLC acquired a new stake in Sensient Technologies in the 3rd quarter valued at about $72,000. Hantz Financial Services Inc. bought a new position in shares of Sensient Technologies in the second quarter worth about $129,000. Blue Trust Inc. raised its stake in shares of Sensient Technologies by 2,753.7% in the third quarter. Blue Trust Inc. now owns 1,912 shares of the specialty chemicals company’s stock worth $142,000 after acquiring an additional 1,845 shares during the last quarter. Finally, Vanguard Personalized Indexing Management LLC acquired a new position in shares of Sensient Technologies during the second quarter worth approximately $214,000. Institutional investors own 90.86% of the company’s stock.

Insider Activity

In related news, insider Michael C. Geraghty sold 4,000 shares of the stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $80.48, for a total value of $321,920.00. Following the sale, the insider now directly owns 36,518 shares in the company, valued at $2,938,968.64. This trade represents a 9.87 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 1.40% of the stock is currently owned by company insiders.

Sensient Technologies Trading Up 0.1 %

Shares of SXT opened at $78.10 on Friday. The stock’s fifty day simple moving average is $77.84 and its 200-day simple moving average is $76.46. The firm has a market capitalization of $3.31 billion, a PE ratio of 37.37 and a beta of 0.76. Sensient Technologies Co. has a 12-month low of $55.02 and a 12-month high of $82.99. The company has a quick ratio of 1.47, a current ratio of 3.74 and a debt-to-equity ratio of 0.58.

Sensient Technologies (NYSE:SXT) last released its earnings results on Friday, October 25th. The specialty chemicals company reported $0.80 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.80. Sensient Technologies had a net margin of 5.80% and a return on equity of 11.41%. The company had revenue of $392.61 million for the quarter, compared to the consensus estimate of $390.64 million. During the same period in the prior year, the company posted $0.75 EPS. The company’s revenue was up 7.9% compared to the same quarter last year. As a group, research analysts predict that Sensient Technologies Co. will post 2.82 earnings per share for the current year.

Sensient Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Monday, November 4th were given a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a dividend yield of 2.10%. The ex-dividend date was Monday, November 4th. Sensient Technologies’s payout ratio is 78.47%.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of Sensient Technologies from a “hold” rating to a “buy” rating in a report on Monday, October 28th.

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.