Sensata Technologies Holding N.V. (NYSE:ST) Receives $34.42 Average Price Target from Analysts

Shares of Sensata Technologies Holding N.V. (NYSE:ST) have been given an average rating of “Hold” by the twelve ratings firms that are currently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, six have given a hold rating and five have issued a buy rating on the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $35.33.

A number of analysts have recently commented on the company. The Goldman Sachs Group upped their price target on Sensata Technologies from $27.00 to $30.00 and gave the company a “buy” rating in a research note on Friday, May 9th. JPMorgan Chase & Co. cut their price objective on shares of Sensata Technologies from $27.00 to $21.00 and set an “underweight” rating on the stock in a research report on Thursday, April 17th. Wall Street Zen downgraded Sensata Technologies from a “buy” rating to a “hold” rating in a report on Sunday, June 1st. UBS Group increased their price objective on Sensata Technologies from $34.00 to $41.00 and gave the company a “buy” rating in a report on Monday. Finally, Wells Fargo & Company raised their price target on Sensata Technologies from $26.00 to $30.00 and gave the company an “equal weight” rating in a report on Tuesday, July 1st.

Insiders Place Their Bets

In other Sensata Technologies news, Director Andrew C. Teich acquired 9,925 shares of the business’s stock in a transaction dated Friday, May 23rd. The stock was bought at an average price of $25.19 per share, with a total value of $250,010.75. Following the completion of the acquisition, the director owned 41,117 shares of the company’s stock, valued at $1,035,737.23. This trade represents a 31.82% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. 0.89% of the stock is owned by insiders.

Institutional Trading of Sensata Technologies

A number of hedge funds have recently bought and sold shares of ST. Charles Schwab Investment Management Inc. lifted its position in Sensata Technologies by 1.8% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,060,537 shares of the scientific and technical instruments company’s stock worth $29,059,000 after buying an additional 19,233 shares during the last quarter. Raymond James Financial Inc. bought a new stake in Sensata Technologies in the fourth quarter valued at approximately $5,639,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in Sensata Technologies by 6.7% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 36,396 shares of the scientific and technical instruments company’s stock valued at $997,000 after purchasing an additional 2,281 shares during the last quarter. HighTower Advisors LLC lifted its position in Sensata Technologies by 9.4% in the fourth quarter. HighTower Advisors LLC now owns 15,627 shares of the scientific and technical instruments company’s stock valued at $428,000 after purchasing an additional 1,349 shares during the last quarter. Finally, Swiss National Bank lifted its position in Sensata Technologies by 0.9% in the fourth quarter. Swiss National Bank now owns 296,900 shares of the scientific and technical instruments company’s stock valued at $8,135,000 after purchasing an additional 2,600 shares during the last quarter. Institutional investors own 99.42% of the company’s stock.

Sensata Technologies Stock Down 1.8%

Shares of NYSE ST opened at $31.07 on Friday. The stock has a market cap of $4.55 billion, a PE ratio of 38.36, a PEG ratio of 1.37 and a beta of 1.13. The business has a fifty day moving average of $28.22 and a two-hundred day moving average of $26.49. Sensata Technologies has a 52-week low of $17.32 and a 52-week high of $42.33. The company has a debt-to-equity ratio of 1.12, a quick ratio of 1.81 and a current ratio of 2.64.

Sensata Technologies (NYSE:ST) last released its quarterly earnings results on Thursday, May 8th. The scientific and technical instruments company reported $0.78 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.72 by $0.06. The business had revenue of $911.26 million during the quarter, compared to analysts’ expectations of $878.39 million. Sensata Technologies had a return on equity of 17.12% and a net margin of 3.19%. The firm’s revenue for the quarter was down 9.5% compared to the same quarter last year. During the same period in the previous year, the business posted $0.89 earnings per share. As a group, equities research analysts expect that Sensata Technologies will post 3.21 earnings per share for the current fiscal year.

Sensata Technologies Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, May 28th. Shareholders 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 1.54%. The ex-dividend date of this dividend was Wednesday, May 14th. Sensata Technologies’s payout ratio is presently 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.