Sensata Technologies Holding plc (NYSE:ST) Receives Consensus Rating of “Hold” from Analysts

Sensata Technologies Holding plc (NYSE:ST) has been given a consensus rating of “Hold” by the eleven brokerages that are covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, seven have given a hold rating and three have assigned a buy rating to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $43.40.

A number of brokerages have commented on ST. Vertical Research began coverage on shares of Sensata Technologies in a research report on Tuesday, July 23rd. They set a “buy” rating and a $55.00 price target on the stock. Oppenheimer cut their price objective on shares of Sensata Technologies from $50.00 to $47.00 and set an “outperform” rating on the stock in a research report on Wednesday, July 31st. Evercore ISI cut their price objective on shares of Sensata Technologies from $60.00 to $50.00 and set an “outperform” rating on the stock in a research report on Tuesday. JPMorgan Chase & Co. cut their price objective on shares of Sensata Technologies from $35.00 to $34.00 and set an “underweight” rating on the stock in a research report on Friday, October 4th. Finally, Wolfe Research initiated coverage on shares of Sensata Technologies in a research report on Thursday, September 5th. They set a “peer perform” rating on the stock.

Institutional Investors Weigh In On Sensata Technologies

Several institutional investors and hedge funds have recently added to or reduced their stakes in ST. Foundry Partners LLC boosted its holdings 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. boosted its holdings in Sensata Technologies by 178.4% in the 1st quarter. Sei Investments Co. now owns 367,005 shares of the scientific and technical instruments company’s stock valued at $13,484,000 after purchasing an additional 235,170 shares during the period. Alaska Permanent Fund Corp boosted its holdings in Sensata Technologies by 320.9% in the 1st quarter. Alaska Permanent Fund Corp now owns 50,258 shares of the scientific and technical instruments company’s stock valued at $1,846,000 after purchasing an additional 38,318 shares during the period. Twin Tree Management LP boosted its holdings in Sensata Technologies by 5,796.0% in the 1st 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. Finally, Illinois Municipal Retirement Fund boosted its holdings in Sensata Technologies by 141.5% in the 1st quarter. Illinois Municipal Retirement Fund now owns 30,308 shares of the scientific and technical instruments company’s stock valued at $1,114,000 after purchasing an additional 17,757 shares during the period. Hedge funds and other institutional investors own 99.42% of the company’s stock.

Sensata Technologies Stock Performance

NYSE ST opened at $35.45 on Friday. The company has a market capitalization of $5.34 billion, a price-to-earnings ratio of -322.27, a PEG ratio of 1.39 and a beta of 1.25. Sensata Technologies has a twelve month low of $30.56 and a twelve month high of $43.14. The stock has a fifty day simple moving average of $36.12 and a 200 day simple moving average of $37.71. The company has a quick ratio of 1.31, a current ratio of 1.77 and a debt-to-equity ratio of 1.06.

Sensata Technologies (NYSE:ST) last issued its quarterly earnings results on Monday, July 29th. The scientific and technical instruments company reported $0.93 EPS for the quarter, meeting analysts’ consensus estimates of $0.93. The business had revenue of $1.04 billion for 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 business’s quarterly revenue was down 2.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.97 earnings per share. Sell-side analysts expect that Sensata Technologies will post 3.56 EPS for the current year.

Sensata Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 28th. Shareholders of record on Wednesday, August 14th were paid a $0.12 dividend. The ex-dividend date was Wednesday, August 14th. This represents a $0.48 annualized dividend and a yield of 1.35%. Sensata Technologies’s dividend payout ratio (DPR) is -436.36%.

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.