Sensata Technologies Holding N.V. (NYSE:ST) Shares Acquired by Cetera Investment Advisers

Cetera Investment Advisers grew its stake in Sensata Technologies Holding N.V. (NYSE:ST) by 35.6% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 20,937 shares of the scientific and technical instruments company’s stock after purchasing an additional 5,495 shares during the period. Cetera Investment Advisers’ holdings in Sensata Technologies were worth $508,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. Signaturefd LLC boosted its position in Sensata Technologies by 515.5% during the first quarter. Signaturefd LLC now owns 1,114 shares of the scientific and technical instruments company’s stock worth $27,000 after purchasing an additional 933 shares in the last quarter. Parallel Advisors LLC raised its stake in shares of Sensata Technologies by 278.8% during the 1st quarter. Parallel Advisors LLC now owns 1,519 shares of the scientific and technical instruments company’s stock worth $37,000 after buying an additional 1,118 shares during the last quarter. UMB Bank n.a. boosted its position in shares of Sensata Technologies by 110.0% in the 1st quarter. UMB Bank n.a. now owns 1,873 shares of the scientific and technical instruments company’s stock worth $45,000 after buying an additional 981 shares in the last quarter. First Horizon Advisors Inc. grew its stake in Sensata Technologies by 83.6% in the 1st quarter. First Horizon Advisors Inc. now owns 2,554 shares of the scientific and technical instruments company’s stock valued at $62,000 after acquiring an additional 1,163 shares during the last quarter. Finally, CWM LLC increased its holdings in Sensata Technologies by 989.5% during the 1st quarter. CWM LLC now owns 2,604 shares of the scientific and technical instruments company’s stock valued at $63,000 after acquiring an additional 2,365 shares in the last quarter. Institutional investors and hedge funds own 99.42% of the company’s stock.

Analyst Ratings Changes

ST has been the topic of several recent research reports. The Goldman Sachs Group upped their price target on shares of Sensata Technologies from $27.00 to $30.00 and gave the company a “buy” rating in a report on Friday, May 9th. Truist Financial raised their price objective on shares of Sensata Technologies from $27.00 to $35.00 and gave the stock a “hold” rating in a research note on Wednesday, July 30th. Bank of America raised their price objective on shares of Sensata Technologies from $27.00 to $32.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 16th. UBS Group raised their price objective on shares of Sensata Technologies from $41.00 to $43.00 and gave the stock a “buy” rating in a research note on Wednesday, July 30th. Finally, Evercore ISI raised their price objective on shares of Sensata Technologies from $27.00 to $30.00 and gave the stock an “in-line” rating in a research note on Wednesday, July 30th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat, Sensata Technologies presently has a consensus rating of “Hold” and an average price target of $34.64.

Insider Transactions at Sensata Technologies

In related news, Director Andrew C. Teich purchased 9,925 shares of the firm’s stock in a transaction on Friday, May 23rd. The shares were bought at an average price 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 trade represents a 31.82% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available at this link. Company insiders own 0.89% of the company’s stock.

Sensata Technologies Stock Down 2.0%

Shares of NYSE ST opened at $31.81 on Friday. Sensata Technologies Holding N.V. has a 1 year low of $17.32 and a 1 year high of $39.04. The firm’s 50 day moving average price is $30.59 and its 200 day moving average price is $27.01. The firm has a market cap of $4.63 billion, a P/E ratio of 42.41, a price-to-earnings-growth ratio of 1.25 and a beta of 1.14. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.94 and a current ratio of 2.71.

Sensata Technologies (NYSE:ST) last announced its earnings results on Tuesday, July 29th. The scientific and technical instruments company reported $0.87 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.84 by $0.03. Sensata Technologies had a net margin of 2.97% and a return on equity of 16.88%. The firm had revenue of $943.38 million for the quarter, compared to analyst estimates of $928.25 million. During the same quarter last year, the business earned $0.93 earnings per share. Sensata Technologies’s revenue was down 8.9% compared to the same quarter last year. As a group, sell-side analysts anticipate that Sensata Technologies Holding N.V. will post 3.21 earnings per share for the current year.

Sensata Technologies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, August 27th. Investors of record on Wednesday, August 13th will be given a dividend of $0.12 per share. The ex-dividend date is Wednesday, August 13th. This represents a $0.48 dividend on an annualized basis and a yield of 1.5%. Sensata Technologies’s dividend payout ratio (DPR) is 64.00%.

Sensata Technologies 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.