Sensata Technologies Holding plc (NYSE:ST) Shares Purchased by Invesco Ltd.

Invesco Ltd. grew its stake in shares of Sensata Technologies Holding plc (NYSE:ST) by 19.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 326,180 shares of the scientific and technical instruments company’s stock after purchasing an additional 53,034 shares during the quarter. Invesco Ltd. owned approximately 0.22% of Sensata Technologies worth $8,937,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. Blue Trust Inc. lifted its holdings in shares of Sensata Technologies by 738.7% during the fourth quarter. Blue Trust Inc. now owns 931 shares of the scientific and technical instruments company’s stock worth $26,000 after purchasing an additional 820 shares during the period. Brown Brothers Harriman & Co. acquired a new stake in shares of Sensata Technologies in the 4th quarter worth $27,000. Venturi Wealth Management LLC boosted its holdings in shares of Sensata Technologies by 67.6% in the fourth quarter. Venturi Wealth Management LLC now owns 2,026 shares of the scientific and technical instruments company’s stock valued at $56,000 after acquiring an additional 817 shares in the last quarter. Parkside Financial Bank & Trust increased its stake in shares of Sensata Technologies by 48.2% during the fourth quarter. Parkside Financial Bank & Trust now owns 2,523 shares of the scientific and technical instruments company’s stock worth $69,000 after acquiring an additional 820 shares during the period. Finally, Headlands Technologies LLC raised its holdings in Sensata Technologies by 524.8% during the fourth quarter. Headlands Technologies LLC now owns 2,768 shares of the scientific and technical instruments company’s stock worth $76,000 after purchasing an additional 2,325 shares in the last quarter. Hedge funds and other institutional investors own 99.42% of the company’s stock.

Analyst Ratings Changes

ST has been the topic of several recent analyst reports. Evercore ISI lowered shares of Sensata Technologies from an “outperform” rating to an “inline” rating and lowered their target price for the stock from $40.00 to $27.00 in a research report on Thursday, April 3rd. Robert W. Baird lowered their price target on Sensata Technologies from $24.00 to $23.00 and set a “neutral” rating on the stock in a report on Tuesday, April 15th. JPMorgan Chase & Co. reduced their price objective on Sensata Technologies from $27.00 to $21.00 and set an “underweight” rating for the company in a report on Thursday, April 17th. UBS Group lowered their target price on Sensata Technologies from $37.00 to $30.00 and set a “buy” rating on the stock in a report on Thursday, April 10th. Finally, The Goldman Sachs Group raised Sensata Technologies from a “neutral” rating to a “buy” rating and cut their price target for the stock from $31.00 to $27.00 in a research note on Thursday, April 10th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, Sensata Technologies has a consensus rating of “Hold” and a consensus target price of $34.55.

Sensata Technologies Stock Up 2.9 %

Shares of Sensata Technologies stock opened at $20.14 on Thursday. Sensata Technologies Holding plc has a 1-year low of $17.32 and a 1-year high of $43.14. The company has a market capitalization of $3.01 billion, a P/E ratio of 23.98, a PEG ratio of 1.25 and a beta of 1.12. The business’s fifty day moving average price is $24.89 and its two-hundred day moving average price is $28.64. The company has a debt-to-equity ratio of 1.11, a current ratio of 2.85 and a quick ratio of 1.99.

Sensata Technologies (NYSE:ST) last announced its earnings results on Tuesday, February 11th. The scientific and technical instruments company reported $0.76 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.76. Sensata Technologies had a net margin of 3.27% and a return on equity of 17.54%. As a group, research analysts forecast that Sensata Technologies Holding plc will post 3.21 EPS for the current year.

Sensata Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 28th. Stockholders of record on Wednesday, May 14th will be paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 2.38%. The ex-dividend date of this dividend is Wednesday, May 14th. Sensata Technologies’s dividend payout ratio is presently 57.14%.

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.