SG Americas Securities LLC Sells 24,498 Shares of Sensata Technologies Holding N.V. $ST

SG Americas Securities LLC trimmed its holdings in shares of Sensata Technologies Holding N.V. (NYSE:ST) by 62.8% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 14,483 shares of the scientific and technical instruments company’s stock after selling 24,498 shares during the period. SG Americas Securities LLC’s holdings in Sensata Technologies were worth $482,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ST. Goldman Sachs Group Inc. lifted its holdings in shares of Sensata Technologies by 107.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 419,137 shares of the scientific and technical instruments company’s stock worth $10,172,000 after acquiring an additional 217,418 shares during the period. United Services Automobile Association bought a new position in Sensata Technologies during the 1st quarter valued at about $246,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in Sensata Technologies by 12.2% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 505,957 shares of the scientific and technical instruments company’s stock valued at $12,280,000 after purchasing an additional 55,045 shares during the last quarter. Cetera Investment Advisers lifted its holdings in Sensata Technologies by 11.8% during the 2nd quarter. Cetera Investment Advisers now owns 23,409 shares of the scientific and technical instruments company’s stock valued at $705,000 after purchasing an additional 2,472 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership bought a new position in Sensata Technologies during the 2nd quarter valued at about $750,000. 99.42% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Sensata Technologies news, EVP Lynne J. Caljouw sold 2,913 shares of the firm’s stock in a transaction dated Tuesday, April 7th. The shares were sold at an average price of $34.71, for a total value of $101,110.23. Following the completion of the sale, the executive vice president owned 72,842 shares in the company, valued at approximately $2,528,345.82. This trade represents a 3.85% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In the last ninety days, insiders have sold 7,889 shares of company stock valued at $280,345. Company insiders own 0.89% of the company’s stock.

Sensata Technologies Trading Up 0.0%

ST opened at $38.96 on Monday. The company has a current ratio of 2.57, a quick ratio of 1.78 and a debt-to-equity ratio of 1.02. The stock has a market capitalization of $5.68 billion, a PE ratio of 205.08, a PEG ratio of 1.15 and a beta of 1.14. Sensata Technologies Holding N.V. has a 1-year low of $18.57 and a 1-year high of $39.44. The firm has a 50-day moving average price of $35.69 and a two-hundred day moving average price of $33.71.

Sensata Technologies (NYSE:ST) last posted its quarterly earnings data on Saturday, February 14th. The scientific and technical instruments company reported $0.88 earnings per share for the quarter, beating the consensus estimate of $0.86 by $0.02. The firm had revenue of $917.88 million during the quarter, compared to analysts’ expectations of $911.03 million. Sensata Technologies had a net margin of 0.83% and a return on equity of 17.92%. The company’s quarterly revenue was up 1.1% compared to the same quarter last year. During the same quarter last year, the company posted $0.76 EPS. As a group, equities analysts anticipate that Sensata Technologies Holding N.V. will post 3.21 earnings per share for the current fiscal year.

Sensata Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 25th. Shareholders of record on Wednesday, February 11th were given a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 1.2%. The ex-dividend date was Wednesday, February 11th. Sensata Technologies’s dividend payout ratio (DPR) is presently 252.63%.

Analyst Ratings Changes

Several equities analysts recently issued reports on ST shares. Wells Fargo & Company lifted their price target on shares of Sensata Technologies from $34.00 to $37.00 and gave the company an “equal weight” rating in a report on Monday, January 12th. Bank of America lifted their price target on shares of Sensata Technologies from $37.00 to $40.00 and gave the company a “neutral” rating in a report on Friday, February 20th. Truist Financial lifted their price target on shares of Sensata Technologies from $35.00 to $38.00 and gave the company a “hold” rating in a report on Friday, February 20th. Robert W. Baird lifted their price target on shares of Sensata Technologies from $39.00 to $40.00 and gave the company a “neutral” rating in a report on Friday, February 20th. Finally, Weiss Ratings raised shares of Sensata Technologies from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, March 2nd. 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. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $40.20.

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.