Sensata Technologies Holding plc (NYSE:ST) Stock Holdings Boosted by HighTower Advisors LLC

HighTower Advisors LLC boosted its holdings in Sensata Technologies Holding plc (NYSE:ST) by 16.9% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 14,278 shares of the scientific and technical instruments company’s stock after acquiring an additional 2,061 shares during the quarter. HighTower Advisors LLC’s holdings in Sensata Technologies were worth $513,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the business. Fifth Third Bancorp raised its position in Sensata Technologies by 0.9% in the second quarter. Fifth Third Bancorp now owns 29,509 shares of the scientific and technical instruments company’s stock worth $1,103,000 after acquiring an additional 275 shares in the last quarter. Assetmark Inc. raised its holdings in Sensata Technologies by 19.0% during the 3rd quarter. Assetmark Inc. now owns 2,602 shares of the scientific and technical instruments company’s stock worth $93,000 after buying an additional 416 shares during the period. Arizona State Retirement System increased its position in shares of Sensata Technologies by 1.3% in the second quarter. Arizona State Retirement System now owns 42,125 shares of the scientific and technical instruments company’s stock worth $1,575,000 after acquiring an additional 529 shares in the last quarter. Robeco Institutional Asset Management B.V. boosted its stake in Sensata Technologies by 1.3% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 46,114 shares of the scientific and technical instruments company’s stock worth $1,654,000 after purchasing an additional 602 shares during the period. Finally, Quarry LP raised its stake in Sensata Technologies by 227.1% during the 2nd quarter. Quarry LP now owns 1,063 shares of the scientific and technical instruments company’s stock valued at $40,000 after purchasing an additional 738 shares during the period. 99.42% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have recently issued reports on ST shares. Robert W. Baird reduced their price target on shares of Sensata Technologies from $40.00 to $36.00 and set a “neutral” rating for the company in a research report on Tuesday, November 5th. The Goldman Sachs Group dropped their price objective on Sensata Technologies from $41.00 to $39.00 and set a “neutral” rating on the stock in a report on Tuesday, October 1st. UBS Group cut their price target on shares of Sensata Technologies from $44.00 to $39.00 and set a “buy” rating on the stock in a report on Wednesday, November 6th. Truist Financial reduced their target price on Sensata Technologies from $38.00 to $33.00 and set a “hold” rating for the company in a report on Tuesday, November 5th. Finally, Evercore ISI decreased their price objective on shares of Sensata Technologies from $60.00 to $50.00 and set an “outperform” rating for the company in a report on Tuesday, October 15th. One analyst has rated the stock with a sell rating, seven have given a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $41.00.

Sensata Technologies Trading Down 0.3 %

ST opened at $27.24 on Friday. The company has a current ratio of 2.60, a quick ratio of 1.76 and a debt-to-equity ratio of 1.08. The firm has a 50-day moving average price of $32.59 and a two-hundred day moving average price of $35.69. Sensata Technologies Holding plc has a 1-year low of $27.16 and a 1-year high of $43.14. The stock has a market capitalization of $4.07 billion, a PE ratio of -50.44, a PEG ratio of 0.89 and a beta of 1.22.

Sensata Technologies (NYSE:ST) last issued its earnings results on Monday, November 4th. The scientific and technical instruments company reported $0.86 EPS for the quarter, meeting the consensus estimate of $0.86. Sensata Technologies had a negative net margin of 1.98% and a positive return on equity of 17.68%. The company had revenue of $982.80 million during the quarter, compared to analysts’ expectations of $983.93 million. During the same quarter in the previous year, the company posted $0.91 EPS. The business’s revenue for the quarter was down 1.8% compared to the same quarter last year. As a group, equities analysts anticipate that Sensata Technologies Holding plc will post 3.43 earnings per share for the current fiscal year.

Sensata Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Wednesday, November 13th were given a $0.12 dividend. The ex-dividend date of this dividend was Wednesday, November 13th. This represents a $0.48 annualized dividend and a yield of 1.76%. Sensata Technologies’s dividend payout ratio is currently -88.89%.

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.