Sensata Technologies Holding plc (NYSE:ST) Stock Holdings Trimmed by Raymond James & Associates

Raymond James & Associates decreased its holdings in Sensata Technologies Holding plc (NYSE:ST) by 4.5% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 40,226 shares of the scientific and technical instruments company’s stock after selling 1,881 shares during the quarter. Raymond James & Associates’ holdings in Sensata Technologies were worth $1,511,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently modified their holdings of ST. Vanguard Group Inc. lifted its position in Sensata Technologies by 1.8% in the third quarter. Vanguard Group Inc. now owns 14,840,668 shares of the scientific and technical instruments company’s stock worth $561,274,000 after purchasing an additional 265,583 shares during the period. Select Equity Group L.P. lifted its holdings in shares of Sensata Technologies by 88.2% in the fourth quarter. Select Equity Group L.P. now owns 9,852,952 shares of the scientific and technical instruments company’s stock valued at $397,862,000 after buying an additional 4,616,942 shares during the period. BlackRock Inc. boosted its stake in Sensata Technologies by 0.3% during the second quarter. BlackRock Inc. now owns 9,596,735 shares of the scientific and technical instruments company’s stock valued at $431,757,000 after buying an additional 30,787 shares in the last quarter. Massachusetts Financial Services Co. MA grew its holdings in Sensata Technologies by 1.2% during the third quarter. Massachusetts Financial Services Co. MA now owns 5,084,921 shares of the scientific and technical instruments company’s stock worth $192,312,000 after acquiring an additional 62,468 shares during the period. Finally, Shapiro Capital Management LLC raised its position in Sensata Technologies by 4.5% in the third quarter. Shapiro Capital Management LLC now owns 4,358,416 shares of the scientific and technical instruments company’s stock worth $164,835,000 after acquiring an additional 186,627 shares in the last quarter. Institutional investors own 99.42% of the company’s stock.

Sensata Technologies Trading Up 0.1 %

NYSE ST opened at $33.51 on Friday. The firm’s 50 day moving average price is $34.93 and its two-hundred day moving average price is $34.84. The stock has a market cap of $5.04 billion, a price-to-earnings ratio of -670.07, a PEG ratio of 0.82 and a beta of 1.37. Sensata Technologies Holding plc has a twelve month low of $30.56 and a twelve month high of $48.17. The company has a debt-to-equity ratio of 1.13, a quick ratio of 1.69 and a current ratio of 2.55.

Sensata Technologies (NYSE:ST) last issued its quarterly earnings results on Tuesday, February 6th. The scientific and technical instruments company reported $0.81 earnings per share for the quarter, missing analysts’ consensus estimates of $0.86 by ($0.05). The business had revenue of $992.50 million for the quarter, compared to analysts’ expectations of $978.05 million. Sensata Technologies had a negative net margin of 0.10% and a positive return on equity of 17.47%. The business’s quarterly revenue was down 2.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.96 EPS. Equities analysts anticipate that Sensata Technologies Holding plc will post 3.74 EPS for the current year.

Sensata Technologies Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, February 28th. Stockholders of record on Wednesday, February 14th were given a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.43%. The ex-dividend date of this dividend was Tuesday, February 13th. Sensata Technologies’s dividend payout ratio (DPR) is -959.81%.

Analysts Set New Price Targets

Several brokerages have recently issued reports on ST. Oppenheimer raised shares of Sensata Technologies from a “market perform” rating to an “outperform” rating and set a $50.00 price objective on the stock in a research note on Tuesday, January 30th. Truist Financial dropped their price target on Sensata Technologies from $39.00 to $36.00 and set a “hold” rating on the stock in a report on Wednesday, February 7th. Jefferies Financial Group started coverage on Sensata Technologies in a research note on Tuesday, April 9th. They set a “hold” rating and a $40.00 price objective for the company. JPMorgan Chase & Co. lowered Sensata Technologies from a “neutral” rating to an “underweight” rating and cut their target price for the stock from $37.00 to $34.00 in a research report on Monday, January 8th. Finally, The Goldman Sachs Group reiterated a “neutral” rating and issued a $36.00 price target (down previously from $44.00) on shares of Sensata Technologies in a research report on Tuesday, April 9th. One analyst has rated the stock with a sell rating, six have issued a hold rating and one has given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $39.25.

Sensata Technologies Company Profile

Sensata Technologies Holding plc develops, manufactures, and sells sensors and sensor-rich solutions, electrical protection components and systems, and other products used in mission-critical systems and applications in the United States and internationally. It operates in two segments, Performance Sensing and Sensing Solutions.