Sensata Technologies Holding plc (NYSE:ST) Director Ali John Mirshekari Acquires 73,137 Shares

Sensata Technologies Holding plc (NYSE:ST) Director Ali John Mirshekari purchased 73,137 shares of the stock in a transaction dated Thursday, May 2nd. The stock was acquired at an average price of $39.17 per share, for a total transaction of $2,864,776.29. Following the completion of the transaction, the director now directly owns 73,137 shares of the company’s stock, valued at $2,864,776.29. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Sensata Technologies Price Performance

ST stock opened at $41.10 on Tuesday. The stock has a 50-day moving average price of $35.62 and a two-hundred day moving average price of $34.75. The company has a market cap of $6.19 billion, a PE ratio of -373.60, a price-to-earnings-growth ratio of 0.97 and a beta of 1.32. The company has a current ratio of 2.64, a quick ratio of 1.74 and a debt-to-equity ratio of 1.14. Sensata Technologies Holding plc has a 12-month low of $30.56 and a 12-month high of $47.41.

Sensata Technologies (NYSE:ST) last posted its quarterly earnings results on Monday, April 29th. The scientific and technical instruments company reported $0.89 EPS for the quarter, beating the consensus estimate of $0.86 by $0.03. Sensata Technologies had a negative net margin of 0.35% and a positive return on equity of 17.58%. The firm had revenue of $1.01 billion for the quarter, compared to analyst estimates of $986.51 million. During the same quarter last year, the firm posted $0.92 earnings per share. Sensata Technologies’s revenue for the quarter was up .9% compared to the same quarter last year. As a group, research analysts predict that Sensata Technologies Holding plc will post 3.75 EPS for the current year.

Sensata Technologies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, May 22nd. Stockholders of record on Wednesday, May 8th will be paid 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 1.17%. Sensata Technologies’s dividend payout ratio (DPR) is currently -436.32%.

Hedge Funds Weigh In On Sensata Technologies

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Cary Street Partners Investment Advisory LLC lifted its position in shares of Sensata Technologies by 1,389.8% during the third quarter. Cary Street Partners Investment Advisory LLC now owns 730 shares of the scientific and technical instruments company’s stock worth $28,000 after purchasing an additional 681 shares in the last quarter. Principal Securities Inc. purchased a new position in Sensata Technologies in the 4th quarter valued at about $29,000. Parkside Financial Bank & Trust increased its position in shares of Sensata Technologies by 761.2% during the fourth quarter. Parkside Financial Bank & Trust now owns 887 shares of the scientific and technical instruments company’s stock worth $33,000 after acquiring an additional 784 shares during the last quarter. Covestor Ltd lifted its stake in shares of Sensata Technologies by 71.6% in the third quarter. Covestor Ltd now owns 1,249 shares of the scientific and technical instruments company’s stock worth $47,000 after acquiring an additional 521 shares in the last quarter. Finally, TFO Wealth Partners LLC boosted its holdings in Sensata Technologies by 17,818.8% in the fourth quarter. TFO Wealth Partners LLC now owns 2,867 shares of the scientific and technical instruments company’s stock valued at $108,000 after purchasing an additional 2,851 shares during the last quarter. Hedge funds and other institutional investors own 99.42% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently issued reports on ST. Robert W. Baird upped their target price on Sensata Technologies from $37.00 to $47.00 and gave the company a “neutral” rating in a research note on Tuesday, April 30th. Bank of America lowered shares of Sensata Technologies from a “buy” rating to a “neutral” rating and reduced their target price for the company from $46.00 to $38.00 in a report on Wednesday, February 7th. Jefferies Financial Group started coverage on shares of Sensata Technologies in a research report on Tuesday, April 9th. They issued a “hold” rating and a $40.00 price objective for the company. Evercore ISI upgraded shares of Sensata Technologies from an “in-line” rating to an “outperform” rating and raised their target price for the stock from $44.00 to $60.00 in a research report on Monday. Finally, Stifel Nicolaus boosted their price target on Sensata Technologies from $36.00 to $43.00 and gave the company a “hold” rating in a report on Tuesday, April 30th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and two have issued a buy rating to the stock. According to MarketBeat, Sensata Technologies has a consensus rating of “Hold” and a consensus price target of $43.78.

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.