Sensata Technologies Holding plc (NYSE:ST) Shares Sold by Vontobel Holding Ltd.

Vontobel Holding Ltd. lowered its position in Sensata Technologies Holding plc (NYSE:ST) by 4.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 13,266 shares of the scientific and technical instruments company’s stock after selling 613 shares during the period. Vontobel Holding Ltd.’s holdings in Sensata Technologies were worth $498,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in ST. CWM LLC lifted its position in Sensata Technologies by 253.8% in the third quarter. CWM LLC now owns 3,014 shares of the scientific and technical instruments company’s stock valued at $114,000 after purchasing an additional 2,162 shares during the period. SG Americas Securities LLC lifted its position in Sensata Technologies by 153.8% in the third quarter. SG Americas Securities LLC now owns 13,102 shares of the scientific and technical instruments company’s stock valued at $496,000 after purchasing an additional 7,940 shares during the period. State of Alaska Department of Revenue acquired a new stake in shares of Sensata Technologies during the 3rd quarter valued at approximately $685,000. GHP Investment Advisors Inc. lifted its position in shares of Sensata Technologies by 15.6% during the 3rd quarter. GHP Investment Advisors Inc. now owns 16,019 shares of the scientific and technical instruments company’s stock valued at $589,000 after acquiring an additional 2,164 shares during the period. Finally, Boston Trust Walden Corp lifted its position in shares of Sensata Technologies by 13.1% during the 3rd quarter. Boston Trust Walden Corp now owns 14,741 shares of the scientific and technical instruments company’s stock valued at $558,000 after acquiring an additional 1,705 shares during the period. Institutional investors and hedge funds own 99.42% of the company’s stock.

Sensata Technologies Stock Performance

NYSE:ST opened at $33.71 on Tuesday. The company has a current ratio of 2.55, a quick ratio of 1.69 and a debt-to-equity ratio of 1.13. The firm has a market capitalization of $5.07 billion, a price-to-earnings ratio of -674.07, a PEG ratio of 0.82 and a beta of 1.37. The firm’s fifty day simple moving average is $34.95 and its 200 day simple moving average is $34.75. Sensata Technologies Holding plc has a twelve month low of $30.56 and a twelve month high of $48.10.

Sensata Technologies (NYSE:ST) last posted its earnings results on Tuesday, February 6th. The scientific and technical instruments company reported $0.81 earnings per share for the quarter, missing the consensus estimate of $0.86 by ($0.05). The business had revenue of $992.50 million for the quarter, compared to analyst estimates 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 revenue was down 2.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.96 EPS. As a group, equities research analysts expect that Sensata Technologies Holding plc will post 3.72 earnings per share for the current fiscal year.

Sensata Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 28th. Shareholders of record on Wednesday, February 14th were issued a $0.12 dividend. The ex-dividend date of this dividend was Tuesday, February 13th. This represents a $0.48 dividend on an annualized basis and a yield of 1.42%. Sensata Technologies’s dividend payout ratio is currently -959.81%.

Wall Street Analyst Weigh In

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

About Sensata Technologies

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.