Sensata Technologies Holding plc (NYSE:ST) Given Average Recommendation of "Moderate Buy" by Analysts – MarketBeat
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Shares of Sensata Technologies Holding plc (NYSE:ST – Get Rating) have been assigned a consensus rating of “Moderate Buy” from the seventeen analysts that are currently covering the company, MarketBeat Ratings reports. Six equities research analysts have rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $55.80.
ST has been the topic of several research analyst reports. Citigroup cut their price objective on Sensata Technologies from $45.00 to $42.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 26th. JPMorgan Chase & Co. boosted their price objective on Sensata Technologies from $42.00 to $47.00 and gave the stock a “neutral” rating in a research report on Monday, October 10th. Stifel Nicolaus lowered their target price on Sensata Technologies from $52.00 to $48.00 and set a “buy” rating on the stock in a research note on Monday, October 10th. Royal Bank of Canada lowered their target price on Sensata Technologies from $51.00 to $49.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 26th. Finally, StockNews.com started coverage on Sensata Technologies in a research note on Wednesday, October 12th. They issued a “hold” rating on the stock.
Sensata Technologies Stock Down 1.4 %
ST stock opened at $44.59 on Tuesday. The stock’s fifty day simple moving average is $41.42 and its two-hundred day simple moving average is $42.47. The company has a current ratio of 2.98, a quick ratio of 2.23 and a debt-to-equity ratio of 1.38. Sensata Technologies has a 1-year low of $36.64 and a 1-year high of $65.58. The stock has a market cap of $6.82 billion, a P/E ratio of 22.63, a P/E/G ratio of 1.23 and a beta of 1.28.
Sensata Technologies Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Wednesday, November 23rd. Stockholders of record on Wednesday, November 9th were issued a $0.11 dividend. The ex-dividend date of this dividend was Tuesday, November 8th. This represents a $0.44 annualized dividend and a dividend yield of 0.99%. Sensata Technologies’s dividend payout ratio (DPR) is 22.34%.
Insider Buying and Selling
In related news, Director Martha N. Sullivan sold 198,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 8th. The stock was sold at an average price of $41.42, for a total value of $8,201,160.00. Following the completion of the sale, the director now owns 201,268 shares in the company, valued at $8,336,520.56. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.00% of the stock is currently owned by company insiders.
Institutional Investors Weigh In On Sensata Technologies
Several hedge funds have recently added to or reduced their stakes in the business. Artisan Partners Limited Partnership boosted its position in Sensata Technologies by 1.7% in the 3rd quarter. Artisan Partners Limited Partnership now owns 17,324,713 shares of the scientific and technical instruments company’s stock valued at $645,865,000 after buying an additional 285,459 shares during the period. Vanguard Group Inc. raised its stake in shares of Sensata Technologies by 0.4% during the third quarter. Vanguard Group Inc. now owns 14,299,681 shares of the scientific and technical instruments company’s stock valued at $533,093,000 after purchasing an additional 56,641 shares during the period. Select Equity Group L.P. increased its stake in Sensata Technologies by 4.8% during the first quarter. Select Equity Group L.P. now owns 9,769,589 shares of the scientific and technical instruments company’s stock valued at $496,784,000 after purchasing an additional 451,562 shares during the last quarter. FMR LLC lifted its holdings in Sensata Technologies by 8.5% in the second quarter. FMR LLC now owns 9,749,718 shares of the scientific and technical instruments company’s stock worth $402,761,000 after purchasing an additional 765,801 shares during the period. Finally, Franklin Resources Inc. raised its holdings in Sensata Technologies by 9.2% during the 2nd quarter. Franklin Resources Inc. now owns 5,649,340 shares of the scientific and technical instruments company’s stock worth $233,374,000 after buying an additional 476,320 shares during the period. 98.58% of the stock is owned by hedge funds and other institutional investors.
Sensata Technologies Company Profile
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Sensata Technologies Holding plc develops, manufactures, and sells sensors, sensor-based solutions, controls, and other products in the Americas, Europe, Asia, and internationally. It operates in two segments, Performance Sensing and Sensing Solutions. The Performance Sensing segment develops and manufactures sensors, high-voltage contactors, and other solutions used in mission-critical systems and applications, such as tire pressure monitoring, thermal management, electrical protection, regenerative braking, powertrain (engine/transmission), and exhaust management.
Read More
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