Sensata Technologies Holding N.V. $ST Shares Acquired by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. lifted its stake in shares of Sensata Technologies Holding N.V. (NYSE:ST) by 34.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 5,433 shares of the scientific and technical instruments company’s stock after acquiring an additional 1,403 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Sensata Technologies were worth $132,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the stock. Alps Advisors Inc. grew its position in Sensata Technologies by 1.8% in the first quarter. Alps Advisors Inc. now owns 31,389 shares of the scientific and technical instruments company’s stock worth $762,000 after buying an additional 566 shares during the last quarter. NorthCrest Asset Manangement LLC grew its position in Sensata Technologies by 6.1% in the first quarter. NorthCrest Asset Manangement LLC now owns 13,724 shares of the scientific and technical instruments company’s stock worth $333,000 after buying an additional 790 shares during the last quarter. Assetmark Inc. grew its position in Sensata Technologies by 29.4% in the first quarter. Assetmark Inc. now owns 3,543 shares of the scientific and technical instruments company’s stock worth $86,000 after buying an additional 806 shares during the last quarter. Signaturefd LLC grew its position in Sensata Technologies by 515.5% in the first 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, US Bancorp DE grew its position in Sensata Technologies by 1.4% in the first quarter. US Bancorp DE now owns 70,836 shares of the scientific and technical instruments company’s stock worth $1,719,000 after buying an additional 979 shares during the last quarter. Institutional investors and hedge funds own 99.42% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently commented on ST. 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. JPMorgan Chase & Co. raised their price objective on shares of Sensata Technologies from $23.00 to $32.00 and gave the stock an “underweight” rating in a research note on Thursday, July 17th. 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. Wells Fargo & Company raised 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, July 30th. Finally, The Goldman Sachs Group raised their price objective on shares of Sensata Technologies from $27.00 to $30.00 and gave the stock a “buy” rating in a research note on Friday, May 9th. Four investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Sensata Technologies has a consensus rating of “Hold” and a consensus target price of $34.64.

Insider Activity

In other Sensata Technologies news, Director Andrew C. Teich acquired 9,925 shares of Sensata Technologies stock in a transaction that occurred on Friday, May 23rd. The stock was acquired at an average price of $25.19 per share, with a total value 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.89% of the company’s stock.

Sensata Technologies Trading Down 0.7%

Shares of NYSE:ST opened at $32.1450 on Wednesday. The firm has a fifty day moving average of $30.76 and a two-hundred day moving average of $27.08. The firm has a market capitalization of $4.68 billion, a P/E ratio of 42.86, a price-to-earnings-growth ratio of 1.27 and a beta of 1.14. Sensata Technologies Holding N.V. has a 12-month low of $17.32 and a 12-month high of $39.04. The company has a quick ratio of 1.94, a current ratio of 2.71 and a debt-to-equity ratio of 1.11.

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 analysts’ consensus estimates of $0.84 by $0.03. The company had revenue of $943.38 million during the quarter, compared to analyst estimates of $928.25 million. Sensata Technologies had a net margin of 2.97% and a return on equity of 16.88%. The company’s revenue for the quarter was down 8.9% on a year-over-year basis. During the same quarter last year, the business posted $0.93 EPS. Sensata Technologies has set its Q3 2025 guidance at 0.810-0.87 EPS. On average, equities analysts expect that Sensata Technologies Holding N.V. will post 3.21 EPS for the current fiscal year.

Sensata Technologies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 27th. Investors of record on Wednesday, August 13th will be paid a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend is Wednesday, August 13th. Sensata Technologies’s payout ratio is presently 64.00%.

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.