Sensata Technologies Holding plc (NYSE:ST) Shares Acquired by Natixis Advisors L.P.

Natixis Advisors L.P. boosted its position in Sensata Technologies Holding plc (NYSE:ST) by 39.0% in the fourth quarter, Holdings Channel.com reports. The firm owned 235,010 shares of the scientific and technical instruments company’s stock after acquiring an additional 65,911 shares during the quarter. Natixis Advisors L.P.’s holdings in Sensata Technologies were worth $8,829,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in the business. Treasurer of the State of North Carolina boosted its stake in shares of Sensata Technologies by 0.5% in the third quarter. Treasurer of the State of North Carolina now owns 66,248 shares of the scientific and technical instruments company’s stock valued at $2,505,000 after buying an additional 340 shares in the last quarter. M&T Bank Corp grew its stake in shares of Sensata Technologies by 7.1% during the 3rd quarter. M&T Bank Corp now owns 6,312 shares of the scientific and technical instruments company’s stock worth $239,000 after purchasing an additional 421 shares during the period. Highland Capital Management LLC increased its holdings in shares of Sensata Technologies by 3.3% in the 4th quarter. Highland Capital Management LLC now owns 15,571 shares of the scientific and technical instruments company’s stock valued at $585,000 after purchasing an additional 500 shares in the last quarter. Covestor Ltd boosted its holdings in Sensata Technologies by 71.6% during the third quarter. Covestor Ltd now owns 1,249 shares of the scientific and technical instruments company’s stock worth $47,000 after buying an additional 521 shares in the last quarter. Finally, New York State Teachers Retirement System grew its position in Sensata Technologies by 2.7% during the fourth quarter. New York State Teachers Retirement System now owns 23,100 shares of the scientific and technical instruments company’s stock worth $868,000 after buying an additional 600 shares during the period. Hedge funds and other institutional investors own 99.42% of the company’s stock.

Insider Buying and Selling

In other news, Director Ali John Mirshekari purchased 73,137 shares of Sensata Technologies stock in a transaction dated Thursday, May 2nd. The stock was bought at an average price of $39.17 per share, with a total value of $2,864,776.29. Following the completion of the acquisition, the director now owns 73,137 shares in the company, valued at approximately $2,864,776.29. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 1.00% of the company’s stock.

Analyst Upgrades and Downgrades

ST has been the topic of several recent research reports. Robert W. Baird boosted their price objective on shares of Sensata Technologies from $37.00 to $47.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 30th. Truist Financial lifted their target price on shares of Sensata Technologies from $36.00 to $46.00 and gave the stock a “hold” rating in a research note on Tuesday, April 30th. 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 report on Tuesday, January 30th. Bank of America downgraded shares of Sensata Technologies from a “buy” rating to a “neutral” rating and dropped their price objective for the company from $46.00 to $38.00 in a research note on Wednesday, February 7th. Finally, The Goldman Sachs Group restated a “neutral” rating and issued a $36.00 price target (down previously from $44.00) on shares of Sensata Technologies in a report on Tuesday, April 9th. One analyst has rated the stock with a sell rating, seven have given a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat, Sensata Technologies presently has an average rating of “Hold” and a consensus target price of $43.78.

Sensata Technologies Stock Up 1.3 %

Shares of Sensata Technologies stock opened at $42.54 on Thursday. The company has a quick ratio of 1.74, a current ratio of 2.64 and a debt-to-equity ratio of 1.14. The business has a 50-day moving average price of $35.95 and a 200 day moving average price of $34.85. Sensata Technologies Holding plc has a fifty-two week low of $30.56 and a fifty-two week high of $47.41. The firm has a market cap of $6.40 billion, a P/E ratio of -386.73, a P/E/G ratio of 0.97 and a beta of 1.32.

Sensata Technologies (NYSE:ST) last issued its earnings results on Monday, April 29th. The scientific and technical instruments company reported $0.89 earnings per share for the quarter, topping analysts’ consensus estimates 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 company had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $986.51 million. During the same period in the prior year, the company earned $0.92 earnings per share. The firm’s revenue was up .9% compared to the same quarter last year. On average, sell-side analysts forecast that Sensata Technologies Holding plc will post 3.75 earnings per share for the current fiscal year.

Sensata Technologies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, May 22nd. Stockholders of record on Wednesday, May 8th will be given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.13%. The ex-dividend date of this dividend is Tuesday, May 7th. Sensata Technologies’s payout ratio is -436.36%.

Sensata Technologies 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.