American Century Companies Inc. lessened its holdings in Sensata Technologies Holding N.V. (NYSE:ST – Free Report) by 5.2% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,415,476 shares of the scientific and technical instruments company’s stock after selling 78,207 shares during the period. American Century Companies Inc. owned approximately 0.97% of Sensata Technologies worth $43,243,000 at the end of the most recent reporting period.
Several other institutional investors also recently modified their holdings of the business. Smartleaf Asset Management LLC lifted its holdings in Sensata Technologies by 659.7% during the third quarter. Smartleaf Asset Management LLC now owns 904 shares of the scientific and technical instruments company’s stock worth $27,000 after acquiring an additional 785 shares during the period. First Horizon Corp bought a new position in Sensata Technologies in the 3rd quarter valued at $29,000. Hantz Financial Services Inc. grew its stake in Sensata Technologies by 446.2% in the 2nd quarter. Hantz Financial Services Inc. now owns 994 shares of the scientific and technical instruments company’s stock valued at $30,000 after purchasing an additional 812 shares during the period. True Wealth Design LLC increased its position in shares of Sensata Technologies by 62.6% during the 3rd quarter. True Wealth Design LLC now owns 1,135 shares of the scientific and technical instruments company’s stock valued at $35,000 after purchasing an additional 437 shares during the last quarter. Finally, EverSource Wealth Advisors LLC raised its stake in shares of Sensata Technologies by 244.4% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,178 shares of the scientific and technical instruments company’s stock worth $35,000 after purchasing an additional 836 shares during the period. 99.42% of the stock is owned by institutional investors.
Sensata Technologies Stock Performance
NYSE ST opened at $33.04 on Friday. The company’s 50 day simple moving average is $35.53 and its two-hundred day simple moving average is $33.15. The company has a debt-to-equity ratio of 1.02, a current ratio of 2.57 and a quick ratio of 1.78. Sensata Technologies Holding N.V. has a 1 year low of $17.32 and a 1 year high of $39.09. The stock has a market capitalization of $4.82 billion, a PE ratio of 173.88, a P/E/G ratio of 1.01 and a beta of 1.14.
Sensata Technologies Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Wednesday, February 25th. Investors of record on Wednesday, February 11th were given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 1.5%. The ex-dividend date was Wednesday, February 11th. Sensata Technologies’s payout ratio is presently 252.63%.
Analyst Upgrades and Downgrades
A number of equities analysts recently weighed in on the stock. Truist Financial boosted their price target on shares of Sensata Technologies from $35.00 to $38.00 and gave the stock a “hold” rating in a report on Friday, February 20th. Oppenheimer lifted their price objective on shares of Sensata Technologies from $43.00 to $50.00 and gave the stock an “outperform” rating in a research report on Friday, February 27th. Wall Street Zen upgraded shares of Sensata Technologies from a “hold” rating to a “buy” rating in a research note on Sunday, March 1st. Robert W. Baird raised their price target on shares of Sensata Technologies from $39.00 to $40.00 and gave the stock a “neutral” rating in a research note on Friday, February 20th. Finally, Bank of America lifted their price target on shares of Sensata Technologies from $37.00 to $40.00 and gave the stock a “neutral” rating in a report on Friday, February 20th. Four research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $40.20.
Read Our Latest Report on Sensata Technologies
Insiders Place Their Bets
In other Sensata Technologies news, EVP Lynne J. Caljouw sold 2,496 shares of the company’s stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of $37.53, for a total value of $93,674.88. Following the transaction, the executive vice president directly owned 64,040 shares in the company, valued at $2,403,421.20. This represents a 3.75% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.89% of the stock is owned by corporate insiders.
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.
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