Artisan Partners Limited Partnership raised its stake in shares of Sensata Technologies Holding N.V. (NYSE:ST – Free Report) by 2.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,097,006 shares of the scientific and technical instruments company’s stock after purchasing an additional 354,246 shares during the period. Artisan Partners Limited Partnership owned 9.68% of Sensata Technologies worth $424,461,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors have also modified their holdings of the company. Traub Capital Management LLC bought a new position in shares of Sensata Technologies during the 2nd quarter valued at approximately $235,000. Universal Beteiligungs und Servicegesellschaft mbH boosted its stake in Sensata Technologies by 96.9% during the second quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 77,255 shares of the scientific and technical instruments company’s stock worth $2,326,000 after buying an additional 38,022 shares during the period. Intech Investment Management LLC bought a new position in Sensata Technologies during the second quarter valued at $2,263,000. Cetera Investment Advisers increased its position in Sensata Technologies by 11.8% during the second quarter. Cetera Investment Advisers now owns 23,409 shares of the scientific and technical instruments company’s stock valued at $705,000 after acquiring an additional 2,472 shares during the last quarter. Finally, SG Capital Management LLC purchased a new stake in shares of Sensata Technologies in the second quarter valued at $23,877,000. 99.42% of the stock is owned by institutional investors.
Sensata Technologies Stock Down 0.0%
Sensata Technologies stock opened at $28.84 on Thursday. The company has a quick ratio of 1.94, a current ratio of 2.91 and a debt-to-equity ratio of 1.18. The firm has a market cap of $4.20 billion, a P/E ratio of -144.18, a P/E/G ratio of 1.26 and a beta of 1.17. The business has a fifty day moving average of $31.09 and a two-hundred day moving average of $30.14. Sensata Technologies Holding N.V. has a twelve month low of $17.32 and a twelve month high of $34.00.
Sensata Technologies Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 26th. Investors of record on Wednesday, November 12th will be paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 1.7%. The ex-dividend date is Wednesday, November 12th. Sensata Technologies’s payout ratio is -240.00%.
Wall Street Analysts Forecast Growth
A number of equities analysts recently commented on ST shares. Wall Street Zen raised shares of Sensata Technologies from a “hold” rating to a “buy” rating in a research note on Saturday, August 2nd. UBS Group upped their target price on Sensata Technologies from $41.00 to $43.00 and gave the company a “buy” rating in a research note on Wednesday, July 30th. Truist Financial increased their price target on Sensata Technologies from $27.00 to $35.00 and gave the stock a “hold” rating in a report on Wednesday, July 30th. The Goldman Sachs Group boosted their price objective on Sensata Technologies from $40.00 to $44.00 and gave the company a “buy” rating in a report on Monday, September 29th. Finally, Wells Fargo & Company upped their price objective on Sensata Technologies from $33.00 to $34.00 and gave the company an “equal weight” rating in a research report on Wednesday, October 29th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, Sensata Technologies presently has an average rating of “Hold” and a consensus target price of $35.80.
Read Our Latest Stock Analysis on Sensata Technologies
Insider Buying and Selling
In other Sensata Technologies news, EVP David K. Stott sold 839 shares of the firm’s stock in a transaction that occurred on Tuesday, November 11th. The shares were sold at an average price of $30.80, for a total value of $25,841.20. Following the completion of the sale, the executive vice president directly owned 35,444 shares in the company, valued at $1,091,675.20. This trade represents a 2.31% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Lynne J. Caljouw sold 3,207 shares of the company’s stock in a transaction on Thursday, October 30th. The stock was sold at an average price of $32.45, for a total value of $104,067.15. Following the transaction, the executive vice president directly owned 66,536 shares in the company, valued at approximately $2,159,093.20. The trade was a 4.60% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 6,622 shares of company stock valued at $212,289 in the last three months. 0.89% of the stock is currently owned by corporate 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.
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