Sensata Technologies Holding plc (NYSE:ST) Shares Sold by Xponance Inc.

Xponance Inc. lessened its holdings in shares of Sensata Technologies Holding plc (NYSE:ST) by 1.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 18,030 shares of the scientific and technical instruments company’s stock after selling 311 shares during the period. Xponance Inc.’s holdings in Sensata Technologies were worth $677,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of ST. CWM LLC grew its holdings 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 last quarter. SG Americas Securities LLC grew its holdings 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 last quarter. State of Alaska Department of Revenue acquired a new stake in Sensata Technologies in the third quarter valued at $685,000. Boston Trust Walden Corp grew its holdings in Sensata Technologies by 13.1% in the third quarter. Boston Trust Walden Corp now owns 14,741 shares of the scientific and technical instruments company’s stock valued at $558,000 after purchasing an additional 1,705 shares during the last quarter. Finally, Asset Management One Co. Ltd. grew its holdings in Sensata Technologies by 1.7% in the third quarter. Asset Management One Co. Ltd. now owns 64,151 shares of the scientific and technical instruments company’s stock valued at $2,426,000 after purchasing an additional 1,052 shares during the last quarter. Institutional investors and hedge funds own 99.42% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently issued reports on the company. Bank of America downgraded Sensata Technologies from a “buy” rating to a “neutral” rating and reduced their price objective for the company from $46.00 to $38.00 in a research report on Wednesday, February 7th. Truist Financial reduced their price objective on Sensata Technologies from $39.00 to $36.00 and set a “hold” rating on the stock in a research report on Wednesday, February 7th. Jefferies Financial Group assumed coverage on Sensata Technologies in a research report on Tuesday, April 9th. They issued a “hold” rating and a $40.00 price objective on the stock. JPMorgan Chase & Co. downgraded Sensata Technologies from a “neutral” rating to an “underweight” rating and reduced their price objective for the company from $37.00 to $34.00 in a research report on Monday, January 8th. Finally, Oppenheimer upgraded Sensata Technologies from a “market perform” rating to an “outperform” rating and set a $50.00 price objective on the stock in a research report on Tuesday, January 30th. One analyst has rated the stock with a sell rating, six have given a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat.com, Sensata Technologies has an average rating of “Hold” and a consensus target price of $39.25.

Sensata Technologies Stock Up 1.7 %

NYSE ST opened at $34.96 on Friday. The business’s 50-day moving average price is $35.06 and its 200 day moving average price is $34.71. Sensata Technologies Holding plc has a twelve month low of $30.56 and a twelve month high of $47.41. The company has a current ratio of 2.55, a quick ratio of 1.69 and a debt-to-equity ratio of 1.13.

Sensata Technologies (NYSE:ST) last released its quarterly earnings data on Tuesday, February 6th. The scientific and technical instruments company reported $0.81 EPS for the quarter, missing analysts’ consensus estimates of $0.86 by ($0.05). The firm had revenue of $992.50 million during the quarter, compared to analysts’ expectations of $978.05 million. Sensata Technologies had a positive return on equity of 17.47% and a negative net margin of 0.10%. The business’s revenue for the quarter was down 2.2% compared to the same quarter last year. During the same quarter last year, the business earned $0.96 earnings per share. Research analysts expect that Sensata Technologies Holding plc will post 3.72 earnings per share for the current fiscal year.

Sensata Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 22nd. Stockholders of record on Wednesday, May 8th will be issued a $0.12 dividend. The ex-dividend date is Tuesday, May 7th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.37%. Sensata Technologies’s dividend payout ratio (DPR) is -959.81%.

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.