Brokerages Set Sensata Technologies Holding N.V. (NYSE:ST) PT at $40.60

Shares of Sensata Technologies Holding N.V. (NYSE:ST) have been given a consensus rating of “Hold” by the eleven brokerages that are covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell rating, six have issued a hold rating and four have issued a buy rating on the company. The average 12-month price objective among analysts that have covered the stock in the last year is $40.80.

Several equities research analysts recently commented on ST shares. UBS Group raised their target price on Sensata Technologies from $43.00 to $45.00 and gave the company a “buy” rating in a report on Tuesday. Weiss Ratings upgraded Sensata Technologies from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, March 2nd. Oppenheimer raised their target price on Sensata Technologies from $43.00 to $50.00 and gave the company an “outperform” rating in a report on Friday, February 27th. Truist Financial raised their target price on Sensata Technologies from $35.00 to $38.00 and gave the company a “hold” rating in a report on Friday, February 20th. Finally, Wells Fargo & Company raised their target price on Sensata Technologies from $34.00 to $37.00 and gave the company an “equal weight” rating in a report on Monday, January 12th.

Insider Transactions at Sensata Technologies

In other Sensata Technologies news, EVP Lynne J. Caljouw sold 2,913 shares of Sensata Technologies stock in a transaction that occurred on Tuesday, April 7th. The stock was sold at an average price of $34.71, for a total transaction of $101,110.23. Following the sale, the executive vice president directly owned 72,842 shares in the company, valued at $2,528,345.82. The trade was a 3.85% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In the last quarter, insiders sold 7,889 shares of company stock worth $280,345. 0.89% of the stock is owned by insiders.

Institutional Investors Weigh In On Sensata Technologies

Several hedge funds and other institutional investors have recently bought and sold shares of the business. SG Americas Securities LLC increased its holdings in Sensata Technologies by 37.4% during the 1st quarter. SG Americas Securities LLC now owns 19,901 shares of the scientific and technical instruments company’s stock worth $701,000 after purchasing an additional 5,418 shares during the last quarter. Rockefeller Capital Management L.P. increased its holdings in Sensata Technologies by 124.3% during the 4th quarter. Rockefeller Capital Management L.P. now owns 4,518 shares of the scientific and technical instruments company’s stock worth $150,000 after purchasing an additional 2,504 shares during the last quarter. Corient Private Wealth LLC increased its holdings in Sensata Technologies by 157.4% during the 4th quarter. Corient Private Wealth LLC now owns 41,202 shares of the scientific and technical instruments company’s stock worth $1,371,000 after purchasing an additional 25,193 shares during the last quarter. Rehmann Capital Advisory Group increased its holdings in Sensata Technologies by 21.7% during the 4th quarter. Rehmann Capital Advisory Group now owns 8,228 shares of the scientific and technical instruments company’s stock worth $275,000 after purchasing an additional 1,469 shares during the last quarter. Finally, Kera Capital Partners Inc. increased its holdings in Sensata Technologies by 59.0% during the 4th quarter. Kera Capital Partners Inc. now owns 17,057 shares of the scientific and technical instruments company’s stock worth $590,000 after purchasing an additional 6,332 shares during the last quarter. 99.42% of the stock is currently owned by hedge funds and other institutional investors.

Sensata Technologies Stock Performance

NYSE ST opened at $38.64 on Tuesday. The firm has a market capitalization of $5.63 billion, a P/E ratio of 203.35, a P/E/G ratio of 1.14 and a beta of 1.14. 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 has a 1-year low of $18.57 and a 1-year high of $39.91. The business’s 50-day simple moving average is $35.96 and its 200-day simple moving average is $33.90.

Sensata Technologies (NYSE:ST) last announced its earnings results on Saturday, February 14th. The scientific and technical instruments company reported $0.88 EPS for the quarter, beating the consensus estimate of $0.86 by $0.02. The business had revenue of $917.88 million for the quarter, compared to the consensus estimate of $911.03 million. Sensata Technologies had a return on equity of 17.92% and a net margin of 0.83%.The company’s revenue was up 1.1% on a year-over-year basis. During the same period last year, the business posted $0.76 EPS. Equities analysts predict that Sensata Technologies will post 3.21 EPS for the current year.

Sensata Technologies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 27th. Shareholders of record on Wednesday, May 13th will be issued a dividend of $0.12 per share. The ex-dividend date is Wednesday, May 13th. This represents a $0.48 annualized dividend and a yield of 1.2%. Sensata Technologies’s payout ratio is currently 252.63%.

About Sensata Technologies

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.