Sensata Technologies Holding plc (NYSE:ST) Position Trimmed by State of Alaska Department of Revenue

State of Alaska Department of Revenue reduced its holdings in Sensata Technologies Holding plc (NYSE:ST) by 2.7% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 17,055 shares of the scientific and technical instruments company’s stock after selling 480 shares during the quarter. State of Alaska Department of Revenue’s holdings in Sensata Technologies were worth $467,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the business. Kempner Capital Management Inc. increased its position in Sensata Technologies by 233.9% in the 4th quarter. Kempner Capital Management Inc. now owns 209,064 shares of the scientific and technical instruments company’s stock valued at $5,728,000 after acquiring an additional 146,449 shares during the period. Hanson & Doremus Investment Management lifted its stake in shares of Sensata Technologies by 4.6% in the 4th quarter. Hanson & Doremus Investment Management now owns 15,669 shares of the scientific and technical instruments company’s stock worth $429,000 after acquiring an additional 696 shares during the period. Robeco Institutional Asset Management B.V. raised its holdings in Sensata Technologies by 5.0% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 48,399 shares of the scientific and technical instruments company’s stock worth $1,326,000 after purchasing an additional 2,285 shares in the last quarter. R Squared Ltd acquired a new stake in Sensata Technologies in the fourth quarter worth approximately $104,000. Finally, KBC Group NV boosted its stake in Sensata Technologies by 83.5% during the 4th quarter. KBC Group NV now owns 7,286 shares of the scientific and technical instruments company’s stock valued at $200,000 after purchasing an additional 3,315 shares in the last quarter. 99.42% of the stock is currently owned by institutional investors.

Sensata Technologies Price Performance

Shares of ST stock opened at $29.57 on Friday. Sensata Technologies Holding plc has a 52 week low of $24.91 and a 52 week high of $43.14. The stock has a market capitalization of $4.42 billion, a PE ratio of -54.76, a PEG ratio of 0.77 and a beta of 1.23. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.76 and a current ratio of 2.60. The stock’s fifty day moving average is $27.99 and its 200-day moving average is $32.61.

Sensata Technologies (NYSE:ST) last posted its quarterly earnings data on Tuesday, February 11th. The scientific and technical instruments company reported $0.76 earnings per share for the quarter, meeting the consensus estimate of $0.76. Sensata Technologies had a negative net margin of 1.98% and a positive return on equity of 17.68%. Equities research analysts expect that Sensata Technologies Holding plc will post 3.44 EPS for the current fiscal year.

Sensata Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 26th. Investors of record on Wednesday, February 12th will be given a $0.12 dividend. The ex-dividend date is Wednesday, February 12th. This represents a $0.48 dividend on an annualized basis and a yield of 1.62%. Sensata Technologies’s payout ratio is -88.89%.

Analyst Ratings Changes

Several analysts have recently weighed in on the company. Oppenheimer cut their price objective on Sensata Technologies from $44.00 to $40.00 and set an “outperform” rating for the company in a report on Thursday. TD Cowen reduced their target price on Sensata Technologies from $50.00 to $45.00 and set a “buy” rating for the company in a report on Wednesday, November 6th. Truist Financial decreased their target price on shares of Sensata Technologies from $38.00 to $33.00 and set a “hold” rating for the company in a report on Tuesday, November 5th. UBS Group cut their price target on shares of Sensata Technologies from $38.00 to $37.00 and set a “buy” rating on the stock in a report on Wednesday. Finally, Robert W. Baird decreased their price objective on Sensata Technologies from $40.00 to $36.00 and set a “neutral” rating for the company in a research report on Tuesday, November 5th. One analyst has rated the stock with a sell rating, seven have given a hold rating and five have issued a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $39.08.

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.