Sensata Technologies Holding plc (NYSE:ST) Receives Average … – MarketBeat

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Sensata Technologies Holding plc (NYSE:ST – Get Rating) has earned an average recommendation of “Moderate Buy” from the seventeen brokerages that are currently covering the company, MarketBeat Ratings reports. Six investment analysts have rated the stock with a hold rating and eight have issued a buy rating on the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $55.80.
Several brokerages have issued reports on ST. Stifel Nicolaus reduced their price target on shares of Sensata Technologies from $52.00 to $48.00 and set a “buy” rating on the stock in a report on Monday, October 10th. JPMorgan Chase & Co. upped their price objective on Sensata Technologies from $42.00 to $47.00 and gave the company a “neutral” rating in a research report on Monday, October 10th. Jefferies Financial Group raised shares of Sensata Technologies from a “hold” rating to a “buy” rating and boosted their target price for the company from $43.00 to $54.00 in a research note on Tuesday, November 22nd. Citigroup lowered their price target on shares of Sensata Technologies from $45.00 to $42.00 and set a “neutral” rating for the company in a report on Wednesday, October 26th. Finally, StockNews.com started coverage on shares of Sensata Technologies in a research note on Wednesday, October 12th. They set a “hold” rating on the stock.

Sensata Technologies Stock Down 0.2 %

Sensata Technologies stock opened at $40.38 on Friday. The stock’s fifty day moving average is $42.29 and its two-hundred day moving average is $41.82. The stock has a market cap of $6.18 billion, a PE ratio of 20.50, a P/E/G ratio of 1.10 and a beta of 1.28. Sensata Technologies has a 1-year low of $36.64 and a 1-year high of $65.58. The company has a debt-to-equity ratio of 1.38, a current ratio of 2.98 and a quick ratio of 2.23.
Sensata Technologies (NYSE:ST – Get Rating) last released its quarterly earnings results on Tuesday, October 25th. The scientific and technical instruments company reported $0.85 earnings per share for the quarter, missing analysts’ consensus estimates of $0.86 by ($0.01). The firm had revenue of $1.02 billion during the quarter, compared to analyst estimates of $1.01 billion. Sensata Technologies had a return on equity of 17.07% and a net margin of 7.84%. On average, sell-side analysts expect that Sensata Technologies will post 3.33 EPS for the current fiscal year.

Sensata Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 23rd. Stockholders of record on Wednesday, November 9th were paid a $0.11 dividend. This represents a $0.44 dividend on an annualized basis and a dividend yield of 1.09%. The ex-dividend date was Tuesday, November 8th. Sensata Technologies’s dividend payout ratio is presently 22.34%.

Insider Buying and Selling

In other Sensata Technologies news, CAO Maria G. Freve sold 867 shares of the firm’s stock in a transaction dated Thursday, December 15th. The stock was sold at an average price of $41.67, for a total value of $36,127.89. Following the transaction, the chief accounting officer now directly owns 6,729 shares of the company’s stock, valued at $280,397.43. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, CAO Maria G. Freve sold 867 shares of the stock in a transaction dated Thursday, December 15th. The stock was sold at an average price of $41.67, for a total value of $36,127.89. Following the completion of the sale, the chief accounting officer now owns 6,729 shares in the company, valued at $280,397.43. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, 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 transaction, the director now directly owns 201,268 shares in the company, valued at $8,336,520.56. The disclosure for this sale can be found here. 1.00% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Sensata Technologies

A number of institutional investors and hedge funds have recently added to or reduced their stakes in ST. IFP Advisors Inc grew its position in shares of Sensata Technologies by 125.4% during the third quarter. IFP Advisors Inc now owns 453 shares of the scientific and technical instruments company’s stock worth $25,000 after buying an additional 252 shares in the last quarter. SeaCrest Wealth Management LLC acquired a new position in Sensata Technologies in the second quarter worth about $54,000. First Horizon Advisors Inc. increased its holdings in shares of Sensata Technologies by 1,199.1% in the 2nd quarter. First Horizon Advisors Inc. now owns 1,429 shares of the scientific and technical instruments company’s stock valued at $58,000 after acquiring an additional 1,319 shares during the last quarter. Wahed Invest LLC bought a new position in shares of Sensata Technologies in the 2nd quarter worth about $61,000. Finally, Rockefeller Capital Management L.P. grew its position in shares of Sensata Technologies by 87.3% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 2,130 shares of the scientific and technical instruments company’s stock valued at $79,000 after buying an additional 993 shares during the last quarter. 97.82% 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.

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Analyst Recommendations for Sensata Technologies (NYSE:ST)
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
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