The Goldman Sachs Group Issues Positive Forecast for Sensata Technologies (NYSE:ST) Stock Price

Sensata Technologies (NYSE:STFree Report) had its target price boosted by The Goldman Sachs Group from $40.00 to $44.00 in a research report sent to investors on Monday,Benzinga reports. The firm currently has a buy rating on the scientific and technical instruments company’s stock.

Several other research firms have also recently issued reports on ST. JPMorgan Chase & Co. upped their price target on Sensata Technologies from $23.00 to $32.00 and gave the company an “underweight” rating in a report on Thursday, July 17th. Evercore ISI upped their price target on Sensata Technologies from $27.00 to $30.00 and gave the company an “in-line” rating in a report on Wednesday, July 30th. UBS Group upped their price target on Sensata Technologies from $41.00 to $43.00 and gave the company a “buy” rating in a report on Wednesday, July 30th. Wall Street Zen raised shares of Sensata Technologies from a “hold” rating to a “buy” rating in a research note on Saturday, August 2nd. Finally, Truist Financial boosted their target price on shares of Sensata Technologies from $27.00 to $35.00 and gave the company a “hold” rating in a research note on Wednesday, July 30th. Four investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $35.91.

Check Out Our Latest Stock Analysis on ST

Sensata Technologies Price Performance

NYSE ST opened at $30.39 on Monday. The stock has a market capitalization of $4.43 billion, a P/E ratio of 40.51, a P/E/G ratio of 1.19 and a beta of 1.13. Sensata Technologies has a 1 year low of $17.32 and a 1 year high of $36.64. The business’s fifty day moving average is $31.61 and its two-hundred day moving average is $27.88. 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:STGet Free Report) last posted its quarterly 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 for 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 revenue was down 8.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.93 earnings per share. Sensata Technologies has set its Q3 2025 guidance at 0.810-0.87 EPS. On average, research analysts forecast that Sensata Technologies will post 3.21 earnings per share for the current fiscal year.

Sensata Technologies Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, August 27th. Stockholders of record on Wednesday, August 13th were paid a $0.12 dividend. The ex-dividend date of this dividend was Wednesday, August 13th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.6%. Sensata Technologies’s dividend payout ratio is 64.00%.

Insider Buying and Selling at Sensata Technologies

In other news, EVP Lynne J. Caljouw sold 2,576 shares of the company’s stock in a transaction on Tuesday, September 9th. The shares were sold at an average price of $31.98, for a total value of $82,380.48. Following the transaction, the executive vice president directly owned 77,185 shares of the company’s stock, valued at approximately $2,468,376.30. This represents a 3.23% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 0.89% of the company’s stock.

Hedge Funds Weigh In On Sensata Technologies

A number of hedge funds have recently modified their holdings of ST. Norges Bank acquired a new position in Sensata Technologies during the second quarter worth $53,385,000. Price T Rowe Associates Inc. MD increased its position in Sensata Technologies by 14.6% during the first quarter. Price T Rowe Associates Inc. MD now owns 8,964,077 shares of the scientific and technical instruments company’s stock worth $217,559,000 after buying an additional 1,142,649 shares during the last quarter. Dimensional Fund Advisors LP increased its position in Sensata Technologies by 14.3% during the first quarter. Dimensional Fund Advisors LP now owns 6,639,888 shares of the scientific and technical instruments company’s stock worth $161,152,000 after buying an additional 831,702 shares during the last quarter. SG Capital Management LLC acquired a new position in Sensata Technologies during the second quarter worth $23,877,000. Finally, First Trust Advisors LP acquired a new position in Sensata Technologies during the second quarter worth $21,786,000. 99.42% of the stock is owned by institutional investors and hedge funds.

Sensata Technologies Company Profile

(Get Free Report)

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.

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Analyst Recommendations for Sensata Technologies (NYSE:ST)

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