Linden Thomas Advisory Services LLC Has $525,000 Stock Position in Sensient Technologies Co. (NYSE:SXT)

Linden Thomas Advisory Services LLC increased its holdings in shares of Sensient Technologies Co. (NYSE:SXT) by 9.9% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 7,081 shares of the specialty chemicals company’s stock after purchasing an additional 638 shares during the period. Linden Thomas Advisory Services LLC’s holdings in Sensient Technologies were worth $525,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the business. CWM LLC boosted its stake in shares of Sensient Technologies by 30.5% during the 4th quarter. CWM LLC now owns 1,558 shares of the specialty chemicals company’s stock worth $103,000 after acquiring an additional 364 shares during the period. TFO Wealth Partners LLC raised its stake in Sensient Technologies by 44,075.0% in the 4th quarter. TFO Wealth Partners LLC now owns 1,767 shares of the specialty chemicals company’s stock valued at $117,000 after acquiring an additional 1,763 shares during the period. SG Americas Securities LLC acquired a new stake in Sensient Technologies during the 1st quarter valued at $203,000. Silvercrest Asset Management Group LLC bought a new position in Sensient Technologies during the first quarter worth $208,000. Finally, Janney Capital Management LLC acquired a new position in shares of Sensient Technologies in the fourth quarter valued at $209,000. Institutional investors and hedge funds own 90.86% of the company’s stock.

Sensient Technologies Price Performance

Shares of NYSE:SXT traded up $1.04 during midday trading on Thursday, hitting $71.30. The stock had a trading volume of 25,408 shares, compared to its average volume of 197,175. The company has a quick ratio of 1.72, a current ratio of 4.16 and a debt-to-equity ratio of 0.60. The company has a market capitalization of $3.02 billion, a P/E ratio of 33.07 and a beta of 0.76. The company’s 50-day moving average price is $76.19 and its 200-day moving average price is $71.27. Sensient Technologies Co. has a fifty-two week low of $52.90 and a fifty-two week high of $82.99.

Sensient Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 3rd. Investors of record on Monday, August 5th will be paid a $0.41 dividend. This represents a $1.64 annualized dividend and a yield of 2.30%. The ex-dividend date of this dividend is Monday, August 5th. Sensient Technologies’s payout ratio is 76.28%.

Wall Street Analyst Weigh In

SXT has been the subject of a number of research reports. StockNews.com cut shares of Sensient Technologies from a “buy” rating to a “hold” rating in a research note on Thursday, July 25th. Robert W. Baird increased their target price on shares of Sensient Technologies from $80.00 to $85.00 and gave the stock an “outperform” rating in a research report on Monday, July 29th.

Insider Buying and Selling at Sensient Technologies

In related news, Director Essie Whitelaw sold 600 shares of the company’s stock in a transaction that occurred on Friday, May 10th. The stock was sold at an average price of $75.84, for a total transaction of $45,504.00. Following the transaction, the director now directly owns 21,826 shares of the company’s stock, valued at approximately $1,655,283.84. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Corporate insiders own 1.40% of the company’s stock.

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.