Short Interest in Sensata Technologies Holding N.V. (NYSE:ST) Expands By 28.3%

Sensata Technologies Holding N.V. (NYSE:ST) was the recipient of a significant increase in short interest in March. As of March 13th, there was short interest totaling 6,864,907 shares, an increase of 28.3% from the February 26th total of 5,349,820 shares. Currently, 4.8% of the shares of the stock are short sold. Based on an average trading volume of 2,045,506 shares, the days-to-cover ratio is currently 3.4 days.

Sensata Technologies Stock Performance

Sensata Technologies stock opened at $34.83 on Monday. The business has a 50 day moving average of $35.50 and a 200-day moving average of $33.39. The company has a market capitalization of $5.08 billion, a P/E ratio of 183.32, a P/E/G ratio of 1.02 and a beta of 1.14. Sensata Technologies has a 1 year low of $17.32 and a 1 year high of $39.09. 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 (NYSE:ST) last posted its earnings results on Saturday, February 14th. The scientific and technical instruments company reported $0.88 EPS for the quarter, topping the consensus estimate of $0.86 by $0.02. Sensata Technologies had a net margin of 0.83% and a return on equity of 17.92%. The business had revenue of $917.88 million for the quarter, compared to the consensus estimate of $911.03 million. During the same period last year, the company earned $0.76 EPS. The firm’s revenue was up 1.1% compared to the same quarter last year. On average, equities research analysts predict that Sensata Technologies will post 3.21 earnings per share for the current year.

Sensata Technologies Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, February 25th. Stockholders of record on Wednesday, February 11th were issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date was Wednesday, February 11th. Sensata Technologies’s payout ratio is 252.63%.

Insider Activity at Sensata Technologies

In other news, EVP Lynne J. Caljouw sold 2,496 shares of the stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $37.53, for a total value of $93,674.88. Following the completion of the transaction, the executive vice president owned 64,040 shares of the company’s stock, valued at approximately $2,403,421.20. This represents a 3.75% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.89% of the company’s stock.

Institutional Trading of Sensata Technologies

A number of institutional investors and hedge funds have recently bought and sold shares of ST. Vanguard Group Inc. lifted its holdings in Sensata Technologies by 2.4% during the 3rd quarter. Vanguard Group Inc. now owns 14,997,522 shares of the scientific and technical instruments company’s stock worth $458,174,000 after buying an additional 346,547 shares during the period. Janus Henderson Group PLC grew its position in shares of Sensata Technologies by 2.3% in the 4th quarter. Janus Henderson Group PLC now owns 10,289,698 shares of the scientific and technical instruments company’s stock valued at $342,544,000 after buying an additional 230,113 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in shares of Sensata Technologies by 3.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 7,266,103 shares of the scientific and technical instruments company’s stock valued at $241,884,000 after buying an additional 242,865 shares during the period. Woodline Partners LP raised its position in shares of Sensata Technologies by 165.4% during the third quarter. Woodline Partners LP now owns 4,975,745 shares of the scientific and technical instruments company’s stock worth $152,009,000 after acquiring an additional 3,100,927 shares during the last quarter. Finally, Barrow Hanley Mewhinney & Strauss LLC raised its position in shares of Sensata Technologies by 28.7% during the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 4,313,603 shares of the scientific and technical instruments company’s stock worth $143,600,000 after acquiring an additional 961,457 shares during the last quarter. 99.42% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on ST. Oppenheimer upped 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. Weiss Ratings upgraded shares of Sensata Technologies from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, March 2nd. Robert W. Baird boosted their target price 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. Wall Street Zen upgraded shares of Sensata Technologies from a “hold” rating to a “buy” rating in a report on Sunday, March 1st. Finally, Bank of America raised their price objective on Sensata Technologies from $37.00 to $40.00 and gave the company a “neutral” rating in a report on Friday, February 20th. Four investment 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. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus 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.