Sensata Technologies Holding plc (NYSE:ST) Shares Purchased by Sound Income Strategies LLC

Sound Income Strategies LLC raised its holdings in shares of Sensata Technologies Holding plc (NYSE:STFree Report) by 13.7% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 82,417 shares of the scientific and technical instruments company’s stock after acquiring an additional 9,950 shares during the quarter. Sound Income Strategies LLC’s holdings in Sensata Technologies were worth $2,258,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Janus Henderson Group PLC raised its stake in shares of Sensata Technologies by 0.5% in the 3rd quarter. Janus Henderson Group PLC now owns 9,722,999 shares of the scientific and technical instruments company’s stock valued at $348,666,000 after acquiring an additional 45,513 shares during the period. State Street Corp raised its position in Sensata Technologies by 0.4% in the third quarter. State Street Corp now owns 5,470,903 shares of the scientific and technical instruments company’s stock valued at $196,187,000 after purchasing an additional 23,946 shares during the period. Millennium Management LLC lifted its stake in shares of 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 worth $189,158,000 after purchasing an additional 2,321,782 shares in the last quarter. FMR LLC boosted its position in shares of Sensata Technologies by 18.9% in the third quarter. FMR LLC now owns 3,895,776 shares of the scientific and technical instruments company’s stock worth $139,703,000 after buying an additional 618,202 shares during the period. Finally, 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 during the period. 99.42% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several brokerages have issued reports on ST. UBS Group lowered their price objective on shares of Sensata Technologies from $44.00 to $39.00 and set a “buy” rating for the company in a research report on Wednesday, November 6th. The Goldman Sachs Group dropped their price target on shares of Sensata Technologies from $36.00 to $32.00 and set a “neutral” rating on the stock in a research note on Thursday, January 16th. Oppenheimer cut their price objective on shares of Sensata Technologies from $47.00 to $44.00 and set an “outperform” rating on the stock in a report on Tuesday, November 5th. TD Cowen lowered their target price on Sensata Technologies from $50.00 to $45.00 and set a “buy” rating for the company in a research note on Wednesday, November 6th. Finally, Robert W. Baird cut their price target on Sensata Technologies from $40.00 to $36.00 and set a “neutral” rating on the stock in a research note on Tuesday, November 5th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $39.58.

Get Our Latest Analysis on Sensata Technologies

Sensata Technologies Trading Up 1.0 %

NYSE:ST opened at $29.07 on Friday. Sensata Technologies Holding plc has a 52 week low of $26.65 and a 52 week high of $43.14. The company has a quick ratio of 1.76, a current ratio of 2.60 and a debt-to-equity ratio of 1.08. The company has a market cap of $4.35 billion, a PE ratio of -53.82, a P/E/G ratio of 0.87 and a beta of 1.24. The business’s 50 day moving average is $29.52 and its two-hundred day moving average is $33.96.

Sensata Technologies (NYSE:STGet Free Report) last released its quarterly earnings data on Monday, November 4th. The scientific and technical instruments company reported $0.86 EPS for the quarter, hitting analysts’ consensus estimates of $0.86. The firm had revenue of $982.80 million during the quarter, compared to the consensus estimate of $983.93 million. Sensata Technologies had a negative net margin of 1.98% and a positive return on equity of 17.68%. The firm’s revenue was down 1.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.91 earnings per share. On average, analysts predict that Sensata Technologies Holding plc will post 3.44 EPS for the current year.

Sensata Technologies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 26th. Investors of record on Wednesday, February 12th will be paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 1.65%. Sensata Technologies’s dividend payout ratio (DPR) is -88.89%.

Sensata Technologies Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Sensata Technologies (NYSE:ST)

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