Sensata Technologies Holding plc (NYSE:ST) Given Average Rating of “Hold” by Brokerages

Shares of Sensata Technologies Holding plc (NYSE:STGet Free Report) have been assigned an average rating of “Hold” from the nine brokerages that are currently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating on the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $43.78.

A number of research analysts have issued reports on ST shares. Evercore ISI upgraded shares of Sensata Technologies from an “in-line” rating to an “outperform” rating and upped their price target for the company from $44.00 to $60.00 in a research note on Monday, May 6th. Stifel Nicolaus lifted their price target on Sensata Technologies from $36.00 to $43.00 and gave the stock a “hold” rating in a research report on Tuesday, April 30th. Robert W. Baird increased their price objective on Sensata Technologies from $37.00 to $47.00 and gave the company a “neutral” rating in a report on Tuesday, April 30th. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $36.00 target price (down previously from $44.00) on shares of Sensata Technologies in a report on Tuesday, April 9th. Finally, Truist Financial increased their price target on shares of Sensata Technologies from $36.00 to $46.00 and gave the stock a “hold” rating in a report on Tuesday, April 30th.

Get Our Latest Analysis on Sensata Technologies

Insider Activity at Sensata Technologies

In other news, Director Ali John Mirshekari purchased 73,137 shares of the company’s stock in a transaction that occurred on Thursday, May 2nd. The shares were bought 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 owns 73,137 shares in the company, valued at $2,864,776.29. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 1.00% of the company’s stock.

Institutional Trading of Sensata Technologies

Several institutional investors have recently bought and sold shares of the business. Boston Partners lifted its position in shares of Sensata Technologies by 13.0% during the 1st quarter. Boston Partners now owns 1,379,250 shares of the scientific and technical instruments company’s stock valued at $50,481,000 after buying an additional 158,947 shares in the last quarter. Swedbank AB purchased a new position in Sensata Technologies during the first quarter valued at $1,249,000. Invenomic Capital Management LP grew its position in shares of Sensata Technologies by 91.2% in the first quarter. Invenomic Capital Management LP now owns 879,192 shares of the scientific and technical instruments company’s stock valued at $32,302,000 after purchasing an additional 419,256 shares during the period. Earnest Partners LLC increased its stake in shares of Sensata Technologies by 35.6% during the first quarter. Earnest Partners LLC now owns 1,294,866 shares of the scientific and technical instruments company’s stock worth $47,573,000 after purchasing an additional 339,724 shares in the last quarter. Finally, Quadrature Capital Ltd purchased a new stake in shares of Sensata Technologies during the first quarter worth about $1,054,000. 99.42% of the stock is owned by institutional investors and hedge funds.

Sensata Technologies Price Performance

Shares of ST stock opened at $39.46 on Friday. The company has a market cap of $5.94 billion, a P/E ratio of -358.69, a PEG ratio of 1.17 and a beta of 1.30. The company has a debt-to-equity ratio of 1.14, a current ratio of 2.64 and a quick ratio of 1.74. The stock’s 50-day moving average is $38.64 and its 200 day moving average is $36.20. Sensata Technologies has a 1-year low of $30.56 and a 1-year high of $47.41.

Sensata Technologies (NYSE:STGet Free Report) last announced its earnings results on Monday, April 29th. The scientific and technical instruments company reported $0.89 earnings per share 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 company had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $986.51 million. During the same period last year, the firm earned $0.92 earnings per share. Sensata Technologies’s revenue was up .9% compared to the same quarter last year. Research analysts predict that Sensata Technologies will post 3.75 earnings per share for the current fiscal year.

Sensata Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, May 22nd. Stockholders of record on Wednesday, May 8th were paid a dividend of $0.12 per share. The ex-dividend date of this dividend was Tuesday, May 7th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.22%. Sensata Technologies’s payout ratio is -436.32%.

About Sensata Technologies

(Get Free Report

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.

See Also

Analyst Recommendations for Sensata Technologies (NYSE:ST)

Receive News & Ratings for Sensata Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sensata Technologies and related companies with MarketBeat.com's FREE daily email newsletter.