Sensient Technologies Co. (NYSE:SXT) Shares Sold by Boston Trust Walden Corp

Boston Trust Walden Corp lowered its holdings in Sensient Technologies Co. (NYSE:SXT) by 1.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 519,072 shares of the specialty chemicals company’s stock after selling 7,988 shares during the quarter. Boston Trust Walden Corp owned 1.23% of Sensient Technologies worth $36,989,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in SXT. State Street Corp grew its position in Sensient Technologies by 3.7% during the 3rd quarter. State Street Corp now owns 1,694,114 shares of the specialty chemicals company’s stock worth $135,902,000 after purchasing an additional 60,622 shares during the period. Barclays PLC boosted its stake in shares of Sensient Technologies by 309.3% in the third quarter. Barclays PLC now owns 77,260 shares of the specialty chemicals company’s stock worth $6,197,000 after buying an additional 58,386 shares during the last quarter. FMR LLC grew its holdings in Sensient Technologies by 124.0% during the third quarter. FMR LLC now owns 59,223 shares of the specialty chemicals company’s stock worth $4,751,000 after acquiring an additional 32,784 shares during the period. Citigroup Inc. grew its holdings in Sensient Technologies by 88.4% during the third quarter. Citigroup Inc. now owns 55,880 shares of the specialty chemicals company’s stock worth $4,483,000 after acquiring an additional 26,219 shares during the period. Finally, Thrivent Financial for Lutherans raised its position in Sensient Technologies by 66.7% during the third quarter. Thrivent Financial for Lutherans now owns 58,643 shares of the specialty chemicals company’s stock valued at $4,704,000 after acquiring an additional 23,474 shares in the last quarter. Hedge funds and other institutional investors own 90.86% of the company’s stock.

Insider Buying and Selling at Sensient Technologies

In related news, insider Michael C. Geraghty sold 4,000 shares of Sensient Technologies stock in a transaction 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 owns 36,518 shares of the company’s stock, valued at approximately $2,938,968.64. This trade represents a 9.87 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.40% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

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

Sensient Technologies Trading Down 0.5 %

Shares of Sensient Technologies stock opened at $75.12 on Tuesday. The firm has a 50-day simple moving average of $74.28 and a two-hundred day simple moving average of $75.81. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.47 and a current ratio of 3.74. Sensient Technologies Co. has a fifty-two week low of $55.02 and a fifty-two week high of $82.99. The company has a market cap of $3.18 billion, a P/E ratio of 35.94 and a beta of 0.77.

Sensient Technologies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Tuesday, February 4th will be given a dividend of $0.41 per share. The ex-dividend date is Tuesday, February 4th. This represents a $1.64 dividend on an annualized basis and a yield of 2.18%. Sensient Technologies’s dividend payout ratio is currently 78.47%.

About Sensient Technologies

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.