Sensata Technologies Holding plc (NYSE:ST) Given Consensus Rating of “Hold” by Analysts

Shares of Sensata Technologies Holding plc (NYSE:ST) have been assigned an average recommendation of “Hold” from the nine ratings firms that are covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $43.78.

A number of analysts recently weighed in on ST shares. Truist Financial raised their target price on shares of Sensata Technologies from $36.00 to $46.00 and gave the stock a “hold” rating in a report on Tuesday, April 30th. Jefferies Financial Group assumed coverage on shares of Sensata Technologies in a research note on Tuesday, April 9th. They set a “hold” rating and a $40.00 price objective for the company. Robert W. Baird lifted their target price on shares of Sensata Technologies from $37.00 to $47.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 30th. Evercore ISI upgraded shares of Sensata Technologies from an “in-line” rating to an “outperform” rating and upped their price target for the company from $44.00 to $60.00 in a research report on Monday, May 6th. Finally, The Goldman Sachs Group reiterated a “neutral” rating and set a $36.00 price objective (down from $44.00) on shares of Sensata Technologies in a research report on Tuesday, April 9th.

Insiders Place Their Bets

In other news, Director Ali John Mirshekari purchased 73,137 shares of the stock in a transaction that occurred on Thursday, May 2nd. The shares were purchased at an average cost of $39.17 per share, for a total transaction of $2,864,776.29. Following the completion of the purchase, the director now directly owns 73,137 shares of the company’s stock, valued at approximately $2,864,776.29. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 1.00% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Principal Securities Inc. acquired a new stake in shares of Sensata Technologies in the 4th quarter valued at $29,000. Parkside Financial Bank & Trust lifted its holdings in Sensata Technologies by 761.2% during the 4th quarter. Parkside Financial Bank & Trust now owns 887 shares of the scientific and technical instruments company’s stock valued at $33,000 after purchasing an additional 784 shares during the last quarter. GAMMA Investing LLC boosted its position in Sensata Technologies by 399.0% in the second quarter. GAMMA Investing LLC now owns 968 shares of the scientific and technical instruments company’s stock valued at $36,000 after buying an additional 774 shares in the last quarter. SageView Advisory Group LLC bought a new stake in Sensata Technologies during the first quarter worth about $85,000. Finally, TFO Wealth Partners LLC increased its holdings in shares of Sensata Technologies by 17,818.8% during the fourth quarter. TFO Wealth Partners LLC now owns 2,867 shares of the scientific and technical instruments company’s stock worth $108,000 after buying an additional 2,851 shares in the last quarter. Institutional investors and hedge funds own 99.42% of the company’s stock.

Sensata Technologies Stock Up 0.9 %

Shares of Sensata Technologies stock opened at $37.69 on Wednesday. Sensata Technologies has a 1-year low of $30.56 and a 1-year high of $47.41. The company has a market capitalization of $5.67 billion, a P/E ratio of -342.61, a PEG ratio of 1.09 and a beta of 1.26. The business’s fifty day moving average price is $39.75 and its two-hundred day moving average price is $36.84. The company has a debt-to-equity ratio of 1.14, a current ratio of 2.64 and a quick ratio of 1.74.

Sensata Technologies (NYSE:ST) last issued its quarterly earnings results on Monday, April 29th. The scientific and technical instruments company reported $0.89 earnings per share for the quarter, topping analysts’ consensus estimates of $0.86 by $0.03. Sensata Technologies had a negative net margin of 0.35% and a positive return on equity of 17.58%. The company had revenue of $1.01 billion during the quarter, compared to analyst estimates of $986.51 million. During the same period in the prior year, the business posted $0.92 EPS. The business’s revenue for the quarter was up .9% compared to the same quarter last year. As a group, research analysts forecast that Sensata Technologies will post 3.75 EPS for the current year.

Sensata Technologies Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, May 22nd. Investors of record on Wednesday, May 8th were given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 1.27%. The ex-dividend date of this dividend was Tuesday, May 7th. Sensata Technologies’s dividend payout ratio (DPR) is currently -436.32%.

About Sensata Technologies

Sensata Technologies Holding plc develops, manufactures, and sells sensors and sensor-rich solutions, electrical protection components and systems, and other products used in mission-critical systems and applications in the United States and internationally. It operates in two segments, Performance Sensing and Sensing Solutions.