Brokerages Set Sensata Technologies Holding plc (NYSE:ST) Target Price at $33.33

Shares of Sensata Technologies Holding plc (NYSE:ST) have been given a consensus rating of “Hold” by the twelve research firms that are currently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, six have assigned a hold rating and five have given a buy rating to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $33.33.

A number of equities research analysts have issued reports on ST shares. Robert W. Baird cut their price target on shares of Sensata Technologies from $24.00 to $23.00 and set a “neutral” rating on the stock in a report on Tuesday, April 15th. UBS Group reduced their target price on Sensata Technologies from $37.00 to $30.00 and set a “buy” rating on the stock in a research note on Thursday, April 10th. JPMorgan Chase & Co. cut their target price on shares of Sensata Technologies from $27.00 to $21.00 and set an “underweight” rating on the stock in a research note on Thursday, April 17th. The Goldman Sachs Group upgraded shares of Sensata Technologies from a “neutral” rating to a “buy” rating and lowered their price objective for the stock from $31.00 to $27.00 in a report on Thursday, April 10th. Finally, Oppenheimer decreased their price objective on Sensata Technologies from $44.00 to $40.00 and set an “outperform” rating for the company in a report on Thursday, February 13th.

Institutional Trading of Sensata Technologies

Institutional investors have recently made changes to their positions in the business. Janus Henderson Group PLC lifted its holdings in shares of Sensata Technologies by 0.5% in the fourth quarter. Janus Henderson Group PLC now owns 9,767,232 shares of the scientific and technical instruments company’s stock worth $267,621,000 after buying an additional 44,233 shares in the last quarter. Price T Rowe Associates Inc. MD grew its holdings in Sensata Technologies by 36.4% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 7,821,428 shares of the scientific and technical instruments company’s stock valued at $214,308,000 after buying an additional 2,088,161 shares in the last quarter. Boston Partners boosted its position in shares of Sensata Technologies by 11.6% during the 4th quarter. Boston Partners now owns 6,526,941 shares of the scientific and technical instruments company’s stock valued at $179,087,000 after acquiring an additional 677,316 shares during the last quarter. Dimensional Fund Advisors LP increased its position in Sensata Technologies by 12.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 5,808,186 shares of the scientific and technical instruments company’s stock worth $159,143,000 after purchasing an additional 648,028 shares during the last quarter. Finally, Fuller & Thaler Asset Management Inc. raised its stake in Sensata Technologies by 96.8% during the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 5,260,870 shares of the scientific and technical instruments company’s stock valued at $144,148,000 after purchasing an additional 2,587,183 shares in the last quarter. Hedge funds and other institutional investors own 99.42% of the company’s stock.

Sensata Technologies Trading Down 0.2 %

Shares of Sensata Technologies stock opened at $21.37 on Tuesday. The firm has a market cap of $3.20 billion, a PE ratio of 25.43, a PEG ratio of 1.25 and a beta of 1.12. 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 has a 1 year low of $17.32 and a 1 year high of $43.14. The company has a 50 day simple moving average of $23.89 and a two-hundred day simple moving average of $28.06.

Sensata Technologies (NYSE:ST) last released its earnings results on Tuesday, February 11th. The scientific and technical instruments company reported $0.76 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.76. Sensata Technologies had a return on equity of 17.54% and a net margin of 3.27%. Analysts expect that Sensata Technologies will post 3.21 earnings per share for the current fiscal 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 given a dividend of $0.12 per share. The ex-dividend date of this dividend is Wednesday, May 14th. This represents a $0.48 annualized dividend and a dividend yield of 2.25%. Sensata Technologies’s payout ratio is 57.14%.

About Sensata Technologies

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.