Sensient Technologies Corp. (NYSE: SXT) is 17.94% higher on its value in year-to-date trading and has touched a low of $52.90 and a high of $82.99 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The SXT stock was last observed hovering at around $76.59 in the last trading session, with the day’s gains setting it 1.25%.
Currently trading at $77.84, the stock is 6.36% and 3.31% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.15 million and changing 1.63% at the moment leaves the stock 12.26% off its SMA200. SXT registered 26.22% gain for a year compared to 6-month gain of 16.74%.
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The stock witnessed a 2.41% loss in the last 1 month and extending the period to 3 months gives it a 0.22%, and is 3.15% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.79% over the week and 2.02% over the month.
Sensient Technologies Corp. (SXT) has around 3956 employees, a market worth around $3.30B and $1.50B in sales. Current P/E ratio is 37.62 and Fwd P/E is 22.86. Profit margin for the company is 5.83%. Distance from 52-week low is 47.15% and -6.21% from its 52-week high. The company has generated returns on investments over the last 12 months (5.17%).
The EPS is expected to grow by 5.59% this year.
Sensient Technologies Corp. (SXT) Top Institutional Holders
332.0 institutions hold shares in Sensient Technologies Corp. (SXT), with institutional investors hold 96.60% of the company’s shares. The shares outstanding are 42.07M, and float is at 35.45M with Short Float at 1.28%. Institutions hold 95.21% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 6.43 million shares valued at $476.91 million. The investor’s holdings represent 15.2674% of the SXT Shares outstanding. As of 2024-06-30, the second largest holder is WINDER PTE. LTD. with 6.3 million shares valued at $$467.76 million to account for 14.9746 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 5.02 million shares representing 11.9211% and valued at over $372.38 million, while JANUS HENDERSON GROUP PLC holds 5.2958 of the shares totaling 2.23 million with a market value of $165.42 million.
Sensient Technologies Corp. (SXT) Insider Activity
The most recent transaction is an insider sale by McKeithan Gebhardt Deborah,the company’sDirector. SEC filings show that McKeithan Gebhardt Deborah sold 2,000 shares of the company’s common stock on Aug 14 ’24 at a price of $71.08 per share for a total of $0.14 million. Following the sale, the insider now owns 0.0 shares.
Sensient Technologies Corp. disclosed in a document filed with the SEC on May 17 ’24 that WHITELAW ESSIE (Director) sold a total of 1,037 shares of the company’s common stock. The trade occurred on May 17 ’24 and was made at $75.75 per share for $78553.0. Following the transaction, the insider now directly holds 20789.0 shares of the SXT stock.
Still, SEC filings show that on May 10 ’24, WHITELAW ESSIE (Director) disposed off 600 shares at an average price of $75.84 for $45505.0. The insider now directly holds 21,826 shares of Sensient Technologies Corp. (SXT).
