Cwm LLC Increases Position in Sensata Technologies Holding plc (NYSE:ST)

Cwm LLC lifted its holdings in Sensata Technologies Holding plc (NYSE:ST) by 15.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 10,194 shares of the scientific and technical instruments company’s stock after buying an additional 1,347 shares during the quarter. Cwm LLC’s holdings in Sensata Technologies were worth $366,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Foundry Partners LLC increased its stake in Sensata Technologies by 11.8% in the 1st quarter. Foundry Partners LLC now owns 120,206 shares of the scientific and technical instruments company’s stock worth $4,416,000 after buying an additional 12,708 shares during the period. Sei Investments Co. raised its stake in shares of Sensata Technologies by 178.4% during the first quarter. Sei Investments Co. now owns 367,005 shares of the scientific and technical instruments company’s stock valued at $13,484,000 after acquiring an additional 235,170 shares in the last quarter. Twin Tree Management LP boosted its holdings in shares of Sensata Technologies by 5,796.0% in the first quarter. Twin Tree Management LP now owns 100,939 shares of the scientific and technical instruments company’s stock valued at $3,708,000 after purchasing an additional 99,227 shares during the period. Illinois Municipal Retirement Fund grew its stake in Sensata Technologies by 141.5% in the first quarter. Illinois Municipal Retirement Fund now owns 30,308 shares of the scientific and technical instruments company’s stock worth $1,114,000 after purchasing an additional 17,757 shares in the last quarter. Finally, State Board of Administration of Florida Retirement System increased its holdings in Sensata Technologies by 9.9% during the 1st quarter. State Board of Administration of Florida Retirement System now owns 158,141 shares of the scientific and technical instruments company’s stock worth $5,810,000 after purchasing an additional 14,186 shares during the period. Hedge funds and other institutional investors own 99.42% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the company. Evercore ISI lowered their target price on Sensata Technologies from $60.00 to $50.00 and set an “outperform” rating for the company in a report on Tuesday, October 15th. Wolfe Research assumed coverage on shares of Sensata Technologies in a research note on Thursday, September 5th. They issued a “peer perform” rating for the company. Bank of America cut their target price on shares of Sensata Technologies from $44.00 to $41.00 and set a “neutral” rating on the stock in a research report on Tuesday, July 30th. JPMorgan Chase & Co. lowered their price target on shares of Sensata Technologies from $35.00 to $34.00 and set an “underweight” rating for the company in a research report on Friday, October 4th. Finally, Truist Financial cut their price objective on shares of Sensata Technologies from $46.00 to $38.00 and set a “hold” rating on the stock in a report on Tuesday, July 30th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $43.40.

Sensata Technologies Trading Down 0.4 %

NYSE:ST opened at $35.99 on Monday. The stock has a market capitalization of $5.42 billion, a price-to-earnings ratio of -327.18, a PEG ratio of 1.44 and a beta of 1.25. Sensata Technologies Holding plc has a 52 week low of $30.56 and a 52 week high of $43.14. The company has a quick ratio of 1.31, a current ratio of 1.77 and a debt-to-equity ratio of 1.06. The firm has a 50 day moving average of $36.13 and a 200 day moving average of $37.69.

Sensata Technologies (NYSE:ST) last issued its quarterly earnings data on Monday, July 29th. The scientific and technical instruments company reported $0.93 EPS for the quarter, meeting the consensus estimate of $0.93. Sensata Technologies had a return on equity of 17.57% and a net margin of 0.21%. The firm had revenue of $1.04 billion during the quarter, compared to analyst estimates of $1.04 billion. During the same quarter in the prior year, the business posted $0.97 EPS. The business’s revenue for the quarter was down 2.5% compared to the same quarter last year. As a group, sell-side analysts anticipate that Sensata Technologies Holding plc will post 3.55 earnings per share for the current fiscal year.

Sensata Technologies Company Profile

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.