Mutual of America Capital Management LLC reduced its position in shares of Sensata Technologies Holding N.V. (NYSE:ST – Free Report) by 5.5% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 72,751 shares of the scientific and technical instruments company’s stock after selling 4,227 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Sensata Technologies were worth $2,191,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also bought and sold shares of ST. Principal Financial Group Inc. grew its stake in shares of Sensata Technologies by 0.5% in the first quarter. Principal Financial Group Inc. now owns 344,296 shares of the scientific and technical instruments company’s stock worth $8,356,000 after acquiring an additional 1,578 shares during the period. Crossmark Global Holdings Inc. grew its stake in shares of Sensata Technologies by 184.8% in the first quarter. Crossmark Global Holdings Inc. now owns 49,447 shares of the scientific and technical instruments company’s stock worth $1,200,000 after acquiring an additional 32,084 shares during the period. Brown Advisory Inc. grew its stake in shares of Sensata Technologies by 3.1% in the first quarter. Brown Advisory Inc. now owns 1,396,402 shares of the scientific and technical instruments company’s stock worth $33,891,000 after acquiring an additional 42,423 shares during the period. Wealth Enhancement Advisory Services LLC grew its stake in shares of Sensata Technologies by 235.5% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 37,395 shares of the scientific and technical instruments company’s stock worth $908,000 after acquiring an additional 26,249 shares during the period. Finally, Summit Trail Advisors LLC bought a new stake in shares of Sensata Technologies in the first quarter worth approximately $1,130,000. 99.42% of the stock is currently owned by institutional investors.
Sensata Technologies Stock Down 1.2%
Shares of Sensata Technologies stock opened at $31.87 on Friday. The company has a debt-to-equity ratio of 1.11, a current ratio of 2.71 and a quick ratio of 1.94. Sensata Technologies Holding N.V. has a 1 year low of $17.32 and a 1 year high of $35.94. The firm’s 50-day moving average is $31.59 and its two-hundred day moving average is $28.76. The stock has a market cap of $4.64 billion, a price-to-earnings ratio of 42.49, a PEG ratio of 1.24 and a beta of 1.15.
Sensata Technologies Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Wednesday, November 26th. Stockholders of record on Wednesday, November 12th will be issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend is Wednesday, November 12th. Sensata Technologies’s payout ratio is 64.00%.
Analyst Ratings Changes
ST has been the subject of several recent research reports. Bank of America boosted their target price on shares of Sensata Technologies from $27.00 to $32.00 and gave the company a “neutral” rating in a research report on Wednesday, July 16th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Sensata Technologies in a report on Friday. Wells Fargo & Company lifted their price target on shares of Sensata Technologies from $30.00 to $33.00 and gave the company an “equal weight” rating in a report on Wednesday, July 30th. UBS Group lifted their price target on shares of Sensata Technologies from $41.00 to $43.00 and gave the company a “buy” rating in a report on Wednesday, July 30th. Finally, Truist Financial lifted their price target on shares of Sensata Technologies from $27.00 to $35.00 and gave the company a “hold” rating in a report on Wednesday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $36.50.
Get Our Latest Research Report on Sensata Technologies
Insider Buying and Selling at Sensata Technologies
In related news, EVP Lynne J. Caljouw sold 2,576 shares of the business’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 completion of the sale, the executive vice president owned 77,185 shares of the company’s stock, valued at approximately $2,468,376.30. The trade was a 3.23% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.89% of the stock is currently owned by company insiders.
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.
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