Wealth Enhancement Advisory Services LLC Acquires 2,621 Shares of Sensata Technologies Holding plc (NYSE:ST)

Wealth Enhancement Advisory Services LLC increased its stake in Sensata Technologies Holding plc (NYSE:ST) by 20.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 15,172 shares of the scientific and technical instruments company’s stock after purchasing an additional 2,621 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Sensata Technologies were worth $544,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Millennium Management LLC raised its position in Sensata Technologies by 84.8% during the second quarter. Millennium Management LLC now owns 5,059,047 shares of the scientific and technical instruments company’s stock valued at $189,158,000 after purchasing an additional 2,321,782 shares in the last quarter. Eminence Capital LP raised its holdings in shares of Sensata Technologies by 31.8% during the 2nd quarter. Eminence Capital LP now owns 3,423,317 shares of the scientific and technical instruments company’s stock valued at $127,998,000 after buying an additional 826,353 shares in the last quarter. Capitolis Liquid Global Markets LLC bought a new stake in Sensata Technologies in the 1st quarter worth approximately $28,969,000. Victory Capital Management Inc. boosted its stake in Sensata Technologies by 64.5% in the second quarter. Victory Capital Management Inc. now owns 1,854,773 shares of the scientific and technical instruments company’s stock worth $69,350,000 after buying an additional 727,521 shares in the last quarter. Finally, National Bank of Canada FI grew its position in Sensata Technologies by 1,585.8% during the first quarter. National Bank of Canada FI now owns 704,520 shares of the scientific and technical instruments company’s stock valued at $25,884,000 after acquiring an additional 662,728 shares during the last quarter. 99.42% of the stock is owned by hedge funds and other institutional investors.

Sensata Technologies Trading Down 1.2 %

NYSE:ST opened at $33.09 on Friday. The firm has a market capitalization of $4.95 billion, a P/E ratio of -61.28, a PEG ratio of 0.97 and a beta of 1.25. The company has a debt-to-equity ratio of 1.08, a current ratio of 2.60 and a quick ratio of 1.31. Sensata Technologies Holding plc has a one year low of $30.56 and a one year high of $43.14. The company’s 50-day simple moving average is $35.24 and its 200 day simple moving average is $37.62.

Sensata Technologies (NYSE:ST) last posted its quarterly earnings results on Monday, November 4th. The scientific and technical instruments company reported $0.86 earnings per share for the quarter, hitting the consensus estimate of $0.86. The company had revenue of $982.80 million for the quarter, compared to the consensus estimate of $983.93 million. Sensata Technologies had a positive return on equity of 17.68% and a negative net margin of 1.98%. The firm’s quarterly revenue was down 1.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.91 EPS. As a group, analysts forecast that Sensata Technologies Holding plc will post 3.46 EPS for the current fiscal year.

Sensata Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 27th. Investors of record on Wednesday, November 13th will be issued a $0.12 dividend. The ex-dividend date of this dividend is Wednesday, November 13th. This represents a $0.48 dividend on an annualized basis and a yield of 1.45%. Sensata Technologies’s payout ratio is currently -88.89%.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on ST shares. Stifel Nicolaus decreased their target price on shares of Sensata Technologies from $43.00 to $38.00 and set a “hold” rating on the stock in a research report on Tuesday. JPMorgan Chase & Co. decreased their price objective on Sensata Technologies from $34.00 to $32.00 and set an “underweight” rating on the stock in a report on Tuesday. Robert W. Baird dropped their target price on Sensata Technologies from $40.00 to $36.00 and set a “neutral” rating for the company in a report on Tuesday. Oppenheimer reduced their price target on Sensata Technologies from $47.00 to $44.00 and set an “outperform” rating on the stock in a research report on Tuesday. Finally, Vertical Research initiated coverage on Sensata Technologies in a research report on Tuesday, July 23rd. They issued a “buy” rating and a $55.00 price objective for the company. One research analyst has rated the stock with a sell rating, seven have given a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $41.00.

Sensata Technologies 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.