Cwm LLC Has $63,000 Stake in Sensata Technologies Holding N.V. (NYSE:ST)

Cwm LLC lifted its holdings in shares of Sensata Technologies Holding N.V. (NYSE:ST) by 989.5% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,604 shares of the scientific and technical instruments company’s stock after acquiring an additional 2,365 shares during the quarter. Cwm LLC’s holdings in Sensata Technologies were worth $63,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in ST. Fuller & Thaler Asset Management Inc. boosted its holdings in shares of 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 worth $144,148,000 after acquiring an additional 2,587,183 shares during the period. Price T Rowe Associates Inc. MD boosted its stake in Sensata Technologies by 36.4% in 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 purchasing an additional 2,088,161 shares during the period. Norges Bank bought a new stake in Sensata Technologies in the 4th quarter valued at $48,580,000. Woodline Partners LP grew its holdings in Sensata Technologies by 65.2% in the 4th quarter. Woodline Partners LP now owns 2,277,826 shares of the scientific and technical instruments company’s stock valued at $62,412,000 after buying an additional 898,835 shares in the last quarter. Finally, Eminence Capital LP increased its position in Sensata Technologies by 25.2% during the 4th quarter. Eminence Capital LP now owns 4,318,718 shares of the scientific and technical instruments company’s stock worth $118,333,000 after buying an additional 870,419 shares during the period. 99.42% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the company. UBS Group lifted their target price on Sensata Technologies from $41.00 to $43.00 and gave the stock a “buy” rating in a report on Wednesday. Wells Fargo & Company lifted their price objective on shares of Sensata Technologies from $30.00 to $33.00 and gave the stock an “equal weight” rating in a research note on Wednesday. Truist Financial boosted their price objective on shares of Sensata Technologies from $27.00 to $35.00 and gave the company a “hold” rating in a report on Wednesday. The Goldman Sachs Group raised their target price on shares of Sensata Technologies from $27.00 to $30.00 and gave the stock a “buy” rating in a report on Friday, May 9th. Finally, Evercore ISI lifted their price target on shares of Sensata Technologies from $27.00 to $30.00 and gave the company an “in-line” rating in a research report on Wednesday. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and five have issued a buy rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $34.64.

Sensata Technologies Stock Performance

NYSE ST opened at $29.94 on Friday. The firm’s 50 day simple moving average is $29.73 and its 200 day simple moving average is $26.87. The firm has a market capitalization of $4.36 billion, a price-to-earnings ratio of 39.92, a P/E/G ratio of 1.22 and a beta of 1.13. The company has a current ratio of 2.71, a quick ratio of 1.81 and a debt-to-equity ratio of 1.11. Sensata Technologies Holding N.V. has a 1 year low of $17.32 and a 1 year high of $39.04.

Sensata Technologies (NYSE:ST) last released its earnings results on Tuesday, July 29th. The scientific and technical instruments company reported $0.87 earnings per share for the quarter, topping the consensus estimate of $0.84 by $0.03. Sensata Technologies had a return on equity of 16.88% and a net margin of 2.97%. The firm had revenue of $943.38 million during the quarter, compared to analysts’ expectations of $928.25 million. During the same period in the prior year, the company earned $0.93 earnings per share. The company’s quarterly revenue was down 8.9% on a year-over-year basis. As a group, research analysts expect that Sensata Technologies Holding N.V. will post 3.21 earnings per share for the current fiscal year.

Sensata Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, August 27th. Shareholders of record on Wednesday, August 13th will be paid a dividend of $0.12 per share. The ex-dividend date of this dividend is Wednesday, August 13th. This represents a $0.48 annualized dividend and a yield of 1.6%. Sensata Technologies’s payout ratio is presently 64.00%.

Insider Buying and Selling

In related news, Director Andrew C. Teich purchased 9,925 shares of Sensata Technologies stock in a transaction dated Friday, May 23rd. The shares were bought at an average cost of $25.19 per share, for a total transaction of $250,010.75. Following the purchase, the director owned 41,117 shares in the company, valued at approximately $1,035,737.23. This trade represents a 31.82% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.89% of the company’s stock.

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.