Sensata Technologies Holding N.V. (NYSE:ST) Given Average Recommendation of “Hold” by Analysts

Shares of Sensata Technologies Holding N.V. (NYSE:ST) have been assigned an average recommendation of “Hold” from the eleven analysts that are covering the firm, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and four have issued a buy rating on the company. The average 1-year price objective among analysts that have covered the stock in the last year is $36.10.

Several research analysts have issued reports on the company. Weiss Ratings reiterated a “sell (d)” rating on shares of Sensata Technologies in a research report on Monday, December 29th. Wells Fargo & Company boosted their price objective on shares of Sensata Technologies from $34.00 to $37.00 and gave the stock an “equal weight” rating in a report on Monday, January 12th. Oppenheimer reaffirmed an “outperform” rating and issued a $43.00 target price on shares of Sensata Technologies in a report on Wednesday, December 17th. Evercore ISI set a $32.00 price target on shares of Sensata Technologies in a research report on Wednesday, October 29th. Finally, Barclays lowered their price target on Sensata Technologies from $43.00 to $40.00 and set an “overweight” rating on the stock in a report on Monday, January 12th.

Insiders Place Their Bets

In other Sensata Technologies news, EVP David K. Stott sold 839 shares of Sensata Technologies stock in a transaction dated Tuesday, November 11th. The shares were sold at an average price of $30.80, for a total transaction of $25,841.20. Following the completion of the transaction, the executive vice president owned 35,444 shares in the company, valued at approximately $1,091,675.20. The trade was a 2.31% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Ali John Mirshekari sold 125,939 shares of the firm’s stock in a transaction that occurred on Wednesday, November 19th. The stock was sold at an average price of $28.83, for a total transaction of $3,630,821.37. Following the transaction, the director directly owned 142,371 shares of the company’s stock, valued at approximately $4,104,555.93. This trade represents a 46.94% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 269,149 shares of company stock valued at $7,776,297. Company insiders own 0.89% of the company’s stock.

Hedge Funds Weigh In On Sensata Technologies

A number of institutional investors have recently modified their holdings of ST. Caprock Group LLC boosted its position in Sensata Technologies by 31.4% during the fourth quarter. Caprock Group LLC now owns 63,267 shares of the scientific and technical instruments company’s stock worth $2,106,000 after acquiring an additional 15,132 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of Sensata Technologies by 2.8% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 41,732 shares of the scientific and technical instruments company’s stock worth $1,389,000 after purchasing an additional 1,156 shares during the period. Greenwood Capital Associates LLC boosted its holdings in shares of Sensata Technologies by 15.3% during the fourth quarter. Greenwood Capital Associates LLC now owns 11,820 shares of the scientific and technical instruments company’s stock worth $393,000 after purchasing an additional 1,565 shares during the last quarter. CWM LLC grew its position in shares of Sensata Technologies by 76.9% in the fourth quarter. CWM LLC now owns 9,526 shares of the scientific and technical instruments company’s stock valued at $317,000 after purchasing an additional 4,142 shares during the period. Finally, Farther Finance Advisors LLC increased its stake in Sensata Technologies by 123.6% in the fourth quarter. Farther Finance Advisors LLC now owns 2,106 shares of the scientific and technical instruments company’s stock valued at $70,000 after purchasing an additional 1,164 shares during the last quarter. Institutional investors and hedge funds own 99.42% of the company’s stock.

Sensata Technologies Trading Down 2.5%

NYSE ST opened at $34.37 on Thursday. The company has a quick ratio of 2.10, a current ratio of 2.91 and a debt-to-equity ratio of 1.18. The stock has a market capitalization of $5.01 billion, a P/E ratio of -171.86, a P/E/G ratio of 1.33 and a beta of 1.15. Sensata Technologies has a 52-week low of $17.32 and a 52-week high of $36.25. The firm has a 50-day moving average price of $33.83 and a 200 day moving average price of $32.24.

Sensata Technologies (NYSE:ST) last released its earnings results on Tuesday, October 28th. The scientific and technical instruments company reported $0.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.85 by $0.04. The company had revenue of $931.98 million for the quarter, compared to analysts’ expectations of $918.83 million. Sensata Technologies had a positive return on equity of 17.22% and a negative net margin of 0.71%.The firm’s quarterly revenue was down 5.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.86 EPS. Equities research analysts expect that Sensata Technologies will post 3.21 EPS for the current year.

Sensata Technologies Company Profile

Sensata Technologies Holdings N.V. is a global industrial technology company specializing in the design, development and manufacture of sensors and electrical protection solutions. The company’s product portfolio includes pressure, temperature, position, speed, current and magnetic sensors, as well as circuit breakers and other protection devices. Sensata’s offerings serve a wide array of end markets, with a particularly strong presence in automotive original equipment manufacturers (OEMs), industrial automation, heating, ventilation and air conditioning (HVAC), commercial aerospace and renewable energy sectors.

Headquartered in Attleboro, Massachusetts, Sensata operates a network of manufacturing and engineering facilities across North America, Europe, Asia Pacific and Latin America.