Blair William & Co. IL Grows Position in Sensata Technologies Holding N.V. (NYSE:ST)

Blair William & Co. IL grew its stake in Sensata Technologies Holding N.V. (NYSE:ST) by 5.1% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 19,927 shares of the scientific and technical instruments company’s stock after purchasing an additional 958 shares during the period. Blair William & Co. IL’s holdings in Sensata Technologies were worth $484,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of ST. Fuller & Thaler Asset Management Inc. raised its stake in shares of Sensata Technologies by 96.8% during the 4th 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 buying an additional 2,587,183 shares during the period. Price T Rowe Associates Inc. MD raised its stake in shares of 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 worth $214,308,000 after buying an additional 2,088,161 shares during the period. Woodline Partners LP raised its stake in shares of Sensata Technologies by 65.2% during the 4th quarter. Woodline Partners LP now owns 2,277,826 shares of the scientific and technical instruments company’s stock worth $62,412,000 after buying an additional 898,835 shares during the period. Eminence Capital LP raised its stake in shares of 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. Finally, Dimensional Fund Advisors LP raised its stake in shares of Sensata Technologies by 12.6% during the 4th 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 buying an additional 648,028 shares during the period. Hedge funds and other institutional investors own 99.42% of the company’s stock.

Sensata Technologies Stock Down 0.0%

NYSE ST opened at $29.45 on Tuesday. The business has a fifty day moving average price of $30.15 and a 200 day moving average price of $26.89. Sensata Technologies Holding N.V. has a one year low of $17.32 and a one year high of $39.04. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.94 and a current ratio of 2.71. The company has a market cap of $4.29 billion, a P/E ratio of 39.26, a P/E/G ratio of 1.16 and a beta of 1.14.

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

Sensata Technologies Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on ST shares. Bank of America upped their target price on Sensata Technologies from $27.00 to $32.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 16th. Truist Financial upped their target price on Sensata Technologies from $27.00 to $35.00 and gave the stock a “hold” rating in a research note on Wednesday, July 30th. Wall Street Zen raised Sensata Technologies from a “hold” rating to a “buy” rating in a research note on Saturday, August 2nd. Evercore ISI upped their target price on Sensata Technologies from $27.00 to $30.00 and gave the stock an “in-line” rating in a research note on Wednesday, July 30th. Finally, Wells Fargo & Company increased their price objective on Sensata Technologies from $30.00 to $33.00 and gave the company an “equal weight” rating in a research note on Wednesday, July 30th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $34.64.

Insider Transactions at Sensata Technologies

In related news, Director Andrew C. Teich bought 9,925 shares of the company’s stock in a transaction on Friday, May 23rd. The stock was bought at an average cost of $25.19 per share, for a total transaction of $250,010.75. Following the acquisition, the director directly owned 41,117 shares in the company, valued at $1,035,737.23. This represents a 31.82% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.89% of the stock is currently owned by insiders.

Sensata Technologies Company Profile

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.