Sensata Technologies Holding N.V. (NYSE:ST) Receives $34.08 Consensus PT from Brokerages

Shares of Sensata Technologies Holding N.V. (NYSE:ST) have earned an average recommendation of “Hold” from the twelve research firms that are currently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and five have issued a buy rating on the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $34.08.

Several equities research analysts have recently issued reports on the stock. Wall Street Zen lowered shares of Sensata Technologies from a “buy” rating to a “hold” rating in a research report on Sunday, June 1st. UBS Group dropped their price objective on shares of Sensata Technologies from $37.00 to $30.00 and set a “buy” rating for the company in a research report on Thursday, April 10th. Robert W. Baird dropped their price objective on shares of Sensata Technologies from $24.00 to $23.00 and set a “neutral” rating for the company in a research report on Tuesday, April 15th. JPMorgan Chase & Co. dropped their price objective on shares of Sensata Technologies from $27.00 to $21.00 and set an “underweight” rating for the company in a research report on Thursday, April 17th. Finally, Wells Fargo & Company increased their price objective on shares of Sensata Technologies from $23.00 to $26.00 and gave the stock an “equal weight” rating in a research report on Monday, May 19th.

Insider Buying and Selling at Sensata Technologies

In related news, Director Andrew C. Teich acquired 9,925 shares of the firm’s stock in a transaction on Friday, May 23rd. The stock was bought at an average cost of $25.19 per share, with a total value of $250,010.75. Following the acquisition, the director now directly 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 acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.89% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in ST. Brown Brothers Harriman & Co. bought a new position in shares of Sensata Technologies in the 4th quarter worth about $27,000. Northwestern Mutual Wealth Management Co. lifted its position in shares of Sensata Technologies by 61.4% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 1,036 shares of the scientific and technical instruments company’s stock worth $25,000 after buying an additional 394 shares during the last quarter. National Bank of Canada FI bought a new position in shares of Sensata Technologies in the 1st quarter worth about $27,000. Signaturefd LLC lifted its position in shares of Sensata Technologies by 515.5% in the 1st quarter. Signaturefd LLC now owns 1,114 shares of the scientific and technical instruments company’s stock worth $27,000 after buying an additional 933 shares during the last quarter. Finally, Brooklyn Investment Group lifted its position in shares of Sensata Technologies by 1,575.0% in the 1st quarter. Brooklyn Investment Group now owns 1,273 shares of the scientific and technical instruments company’s stock worth $31,000 after buying an additional 1,197 shares during the last quarter. 99.42% of the stock is owned by institutional investors and hedge funds.

Sensata Technologies Stock Performance

NYSE:ST opened at $28.28 on Wednesday. The company has a quick ratio of 1.81, a current ratio of 2.64 and a debt-to-equity ratio of 1.12. The company has a market cap of $4.14 billion, a P/E ratio of 34.92, a P/E/G ratio of 1.22 and a beta of 1.10. Sensata Technologies has a fifty-two week low of $17.32 and a fifty-two week high of $42.33. The firm’s 50 day moving average is $24.67 and its two-hundred day moving average is $26.30.

Sensata Technologies (NYSE:ST) last posted its quarterly earnings results on Thursday, May 8th. The scientific and technical instruments company reported $0.78 earnings per share for the quarter, topping analysts’ consensus estimates of $0.72 by $0.06. Sensata Technologies had a net margin of 3.19% and a return on equity of 17.12%. The company had revenue of $911.26 million for the quarter, compared to the consensus estimate of $878.39 million. During the same quarter last year, the firm posted $0.89 earnings per share. Sensata Technologies’s revenue was down 9.5% on a year-over-year basis. Analysts expect that Sensata Technologies will post 3.21 EPS for the current year.

Sensata Technologies Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, May 28th. Investors of record on Wednesday, May 14th were issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 1.70%. The ex-dividend date was Wednesday, May 14th. Sensata Technologies’s payout ratio is 59.26%.

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.