Sensata Technologies Holding plc (NYSE:ST) Shares Purchased by State of Alaska Department of Revenue

State of Alaska Department of Revenue boosted its stake in shares of Sensata Technologies Holding plc (NYSE:ST) by 7.3% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 17,535 shares of the scientific and technical instruments company’s stock after acquiring an additional 1,190 shares during the period. State of Alaska Department of Revenue’s holdings in Sensata Technologies were worth $628,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in ST. Fifth Third Bancorp increased its position in shares of Sensata Technologies by 0.9% during the second quarter. Fifth Third Bancorp now owns 29,509 shares of the scientific and technical instruments company’s stock worth $1,103,000 after purchasing an additional 275 shares in the last quarter. Arizona State Retirement System grew its holdings in shares of Sensata Technologies by 1.3% during the second quarter. Arizona State Retirement System now owns 42,125 shares of the scientific and technical instruments company’s stock worth $1,575,000 after buying an additional 529 shares in the last quarter. Ariel Investments LLC grew its holdings in shares of Sensata Technologies by 7.0% during the first quarter. Ariel Investments LLC now owns 8,268 shares of the scientific and technical instruments company’s stock worth $304,000 after buying an additional 539 shares in the last quarter. NorthCrest Asset Manangement LLC raised its position in shares of Sensata Technologies by 5.9% in the second quarter. NorthCrest Asset Manangement LLC now owns 12,966 shares of the scientific and technical instruments company’s stock valued at $485,000 after buying an additional 720 shares during the last quarter. Finally, Quarry LP lifted its stake in shares of Sensata Technologies by 227.1% in the second quarter. Quarry LP now owns 1,063 shares of the scientific and technical instruments company’s stock worth $40,000 after buying an additional 738 shares in the last quarter. 99.42% of the stock is owned by hedge funds and other institutional investors.

Sensata Technologies Trading Up 0.0 %

Shares of ST stock opened at $33.47 on Friday. Sensata Technologies Holding plc has a 1-year low of $30.56 and a 1-year high of $43.14. The firm has a market cap of $5.05 billion, a PE ratio of -61.98, a price-to-earnings-growth ratio of 1.33 and a beta of 1.25. The company has a 50-day moving average of $35.35 and a two-hundred day moving average of $37.62. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.77 and a quick ratio of 1.31.

Sensata Technologies (NYSE:ST) last posted its quarterly earnings data on Monday, November 4th. The scientific and technical instruments company reported $0.86 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.86. Sensata Technologies had a negative net margin of 1.98% and a positive return on equity of 17.63%. The firm had revenue of $982.80 million during the quarter, compared to analysts’ expectations of $983.93 million. During the same quarter last year, the company posted $0.91 EPS. The firm’s quarterly revenue was down 1.8% on a year-over-year basis. On average, analysts predict that Sensata Technologies Holding plc will post 3.55 EPS for the current year.

Sensata Technologies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, November 27th. Investors of record on Wednesday, November 13th will be issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 1.43%. The ex-dividend date of this dividend is Wednesday, November 13th. Sensata Technologies’s dividend payout ratio (DPR) is -88.89%.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on ST. UBS Group dropped their price objective on shares of Sensata Technologies from $44.00 to $39.00 and set a “buy” rating for the company in a research note on Wednesday. Truist Financial cut their price target on Sensata Technologies from $38.00 to $33.00 and set a “hold” rating for the company in a report on Tuesday. Evercore ISI lowered their price objective on Sensata Technologies from $60.00 to $50.00 and set an “outperform” rating on the stock in a research note on Tuesday, October 15th. Robert W. Baird dropped their target price on Sensata Technologies from $40.00 to $36.00 and set a “neutral” rating for the company in a report on Tuesday. Finally, Bank of America reduced their price target on Sensata Technologies from $44.00 to $41.00 and set a “neutral” rating on the stock in a report on Tuesday, July 30th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat, Sensata Technologies presently has a consensus rating of “Hold” and a consensus target price of $41.00.

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.