Sensata Technologies Holding plc (NYSE:ST) Shares Bought by Park Avenue Securities LLC

Park Avenue Securities LLC grew its holdings in shares of Sensata Technologies Holding plc (NYSE:ST) by 25.6% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 13,625 shares of the scientific and technical instruments company’s stock after purchasing an additional 2,773 shares during the period. Park Avenue Securities LLC’s holdings in Sensata Technologies were worth $331,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of ST. Blue Trust Inc. boosted its stake in Sensata Technologies by 1,071.2% during the fourth quarter. Blue Trust Inc. now owns 1,300 shares of the scientific and technical instruments company’s stock valued at $36,000 after buying an additional 1,189 shares in the last quarter. Rhumbline Advisers boosted its stake in Sensata Technologies by 1.4% during the fourth quarter. Rhumbline Advisers now owns 384,823 shares of the scientific and technical instruments company’s stock valued at $10,544,000 after buying an additional 5,311 shares in the last quarter. State of New Jersey Common Pension Fund D boosted its stake in Sensata Technologies by 24.1% during the fourth quarter. State of New Jersey Common Pension Fund D now owns 67,759 shares of the scientific and technical instruments company’s stock valued at $1,857,000 after buying an additional 13,178 shares in the last quarter. Sanctuary Advisors LLC boosted its stake in Sensata Technologies by 54.2% during the fourth quarter. Sanctuary Advisors LLC now owns 14,577 shares of the scientific and technical instruments company’s stock valued at $400,000 after buying an additional 5,121 shares in the last quarter. Finally, Venturi Wealth Management LLC boosted its stake in Sensata Technologies by 67.6% during 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 buying an additional 817 shares in the last quarter. 99.42% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Sensata Technologies news, Director Andrew C. Teich acquired 9,925 shares of Sensata Technologies stock in a transaction that occurred on Friday, May 23rd. The stock was purchased at an average cost of $25.19 per share, with a total value of $250,010.75. Following the purchase, the director now owns 41,117 shares in the company, valued at approximately $1,035,737.23. The trade was a 31.82% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 0.89% of the company’s stock.

Sensata Technologies Stock Down 4.4%

Shares of Sensata Technologies stock opened at $27.50 on Monday. The stock has a 50-day moving average price of $23.81 and a 200 day moving average price of $26.35. The company has a market cap of $4.02 billion, a P/E ratio of 32.74, a P/E/G ratio of 1.25 and a beta of 1.10. The company has a current ratio of 2.85, a quick ratio of 1.99 and a debt-to-equity ratio of 1.11. Sensata Technologies Holding plc has a 1 year low of $17.32 and a 1 year high of $42.33.

Sensata Technologies (NYSE:ST) last announced its quarterly earnings data on Thursday, May 8th. The scientific and technical instruments company reported $0.78 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.72 by $0.06. The firm had revenue of $911.26 million during the quarter, compared to the consensus estimate of $878.39 million. Sensata Technologies had a return on equity of 17.54% and a net margin of 3.27%. The business’s revenue for the quarter was down 9.5% on a year-over-year basis. During the same period in the prior year, the business earned $0.89 EPS. As a group, analysts expect that Sensata Technologies Holding plc will post 3.21 EPS for the current fiscal year.

Sensata Technologies Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, May 28th. Investors of record on Wednesday, May 14th were paid a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 1.75%. The ex-dividend date of this dividend was Wednesday, May 14th. Sensata Technologies’s dividend payout ratio is currently 59.26%.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the company. JPMorgan Chase & Co. decreased their target price on Sensata Technologies from $27.00 to $21.00 and set an “underweight” rating for the company in a research note on Thursday, April 17th. Wells Fargo & Company raised their target price on Sensata Technologies from $23.00 to $26.00 and gave the company an “equal weight” rating in a research note on Monday, May 19th. UBS Group decreased their target price on Sensata Technologies from $37.00 to $30.00 and set a “buy” rating for the company in a research note on Thursday, April 10th. The Goldman Sachs Group raised their target price on Sensata Technologies from $27.00 to $30.00 and gave the company a “buy” rating in a research note on Friday, May 9th. Finally, Evercore ISI lowered Sensata Technologies from an “outperform” rating to an “inline” rating and decreased their price target for the company from $40.00 to $27.00 in a research report on Thursday, April 3rd. One analyst has rated the stock with a sell rating, seven have given a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, Sensata Technologies presently has a consensus rating of “Hold” and a consensus price target of $34.08.

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.