Sensata Technologies Holding plc (NYSE:ST) Stock Holdings Trimmed by Mutual of America Capital Management LLC

Mutual of America Capital Management LLC lessened its position in shares of Sensata Technologies Holding plc (NYSE:ST) by 4.3% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 86,306 shares of the scientific and technical instruments company’s stock after selling 3,878 shares during the period. Mutual of America Capital Management LLC owned about 0.06% of Sensata Technologies worth $3,227,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. boosted its holdings in Sensata Technologies by 0.5% in the fourth quarter. Vanguard Group Inc. now owns 14,910,505 shares of the scientific and technical instruments company’s stock worth $560,188,000 after purchasing an additional 69,837 shares during the period. Dimensional Fund Advisors LP grew its position in shares of Sensata Technologies by 16.5% during the second quarter. Dimensional Fund Advisors LP now owns 4,643,665 shares of the scientific and technical instruments company’s stock worth $173,627,000 after acquiring an additional 658,728 shares during the last quarter. Kodai Capital Management LP bought a new stake in Sensata Technologies in the 4th quarter valued at about $133,156,000. Schroder Investment Management Group grew its position in Sensata Technologies by 1.1% in the 4th quarter. Schroder Investment Management Group now owns 2,983,414 shares of the scientific and technical instruments company’s stock worth $112,087,000 after purchasing an additional 31,352 shares during the last quarter. Finally, Victory Capital Management Inc. increased its stake in shares of 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 valued at $69,350,000 after purchasing an additional 727,521 shares during the period. Institutional investors and hedge funds own 99.42% of the company’s stock.

Sensata Technologies Price Performance

NYSE ST opened at $35.63 on Tuesday. The company has a 50 day simple moving average of $37.02 and a 200-day simple moving average of $37.74. The firm has a market capitalization of $5.36 billion, a price-to-earnings ratio of -323.91, a price-to-earnings-growth ratio of 1.38 and a beta of 1.26. Sensata Technologies Holding plc has a 52-week low of $30.56 and a 52-week high of $43.14. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.77 and a quick ratio of 1.31.

Sensata Technologies (NYSE:ST) last posted its earnings results on Monday, July 29th. The scientific and technical instruments company reported $0.93 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.93. The firm had revenue of $1.04 billion during the quarter, compared to analysts’ expectations of $1.04 billion. Sensata Technologies had a net margin of 0.21% and a return on equity of 17.57%. The company’s revenue was down 2.5% compared to the same quarter last year. During the same period in the previous year, the company earned $0.97 earnings per share. Equities research analysts predict that Sensata Technologies Holding plc will post 3.57 earnings per share for the current fiscal year.

Sensata Technologies Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 28th. Shareholders of record on Wednesday, August 14th were paid a dividend of $0.12 per share. The ex-dividend date of this dividend was Wednesday, August 14th. This represents a $0.48 dividend on an annualized basis and a yield of 1.35%. Sensata Technologies’s dividend payout ratio is currently -436.36%.

Analysts Set New Price Targets

Several analysts recently commented on the company. Bank of America lowered their target price on Sensata Technologies from $44.00 to $41.00 and set a “neutral” rating on the stock in a research report on Tuesday, July 30th. Vertical Research began coverage on Sensata Technologies in a research note on Tuesday, July 23rd. They issued a “buy” rating and a $55.00 price objective on the stock. Truist Financial lowered their price objective on shares of Sensata Technologies from $46.00 to $38.00 and set a “hold” rating on the stock in a research note on Tuesday, July 30th. Wolfe Research began coverage on shares of Sensata Technologies in a report on Thursday, September 5th. They set a “peer perform” rating for the company. Finally, Oppenheimer dropped their price target on Sensata Technologies from $50.00 to $47.00 and set an “outperform” rating on the stock in a research note on Wednesday, July 31st. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Sensata Technologies has an average rating of “Hold” and a consensus price target of $44.10.

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.