GHP Investment Advisors Inc. Grows Stake in Sensata Technologies Holding plc (NYSE:ST)

GHP Investment Advisors Inc. increased its position in Sensata Technologies Holding plc (NYSE:ST) by 30.5% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,068 shares of the scientific and technical instruments company’s stock after purchasing an additional 3,287 shares during the period. GHP Investment Advisors Inc.’s holdings in Sensata Technologies were worth $504,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of ST. Millennium Management LLC lifted its stake in shares of Sensata Technologies by 84.8% in 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 buying an additional 2,321,782 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in Sensata Technologies by 16.5% in the 2nd 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. Eminence Capital LP lifted its position in Sensata Technologies by 31.8% in 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 acquiring an additional 826,353 shares in the last quarter. Victory Capital Management Inc. boosted its stake in Sensata Technologies by 64.5% during the 2nd 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 last quarter. Finally, Copeland Capital Management LLC increased its holdings in shares of Sensata Technologies by 21.7% in the 3rd quarter. Copeland Capital Management LLC now owns 1,788,320 shares of the scientific and technical instruments company’s stock worth $64,129,000 after purchasing an additional 319,424 shares in the last quarter. Institutional investors own 99.42% of the company’s stock.

Sensata Technologies Stock Up 0.5 %

ST opened at $35.10 on Monday. Sensata Technologies Holding plc has a 1-year low of $30.56 and a 1-year high of $43.14. The firm’s 50 day simple moving average is $35.99 and its two-hundred day simple moving average is $37.65. The company has a current ratio of 1.77, a quick ratio of 1.31 and a debt-to-equity ratio of 1.06. The company has a market capitalization of $5.28 billion, a PE ratio of -319.09, a PEG ratio of 1.39 and a beta of 1.25.

Sensata Technologies (NYSE:ST) last announced its earnings results on Monday, July 29th. The scientific and technical instruments company reported $0.93 EPS for the quarter, hitting analysts’ consensus estimates of $0.93. Sensata Technologies had a return on equity of 17.57% and a net margin of 0.21%. The company had revenue of $1.04 billion for the quarter, compared to analysts’ expectations of $1.04 billion. During the same period last year, the firm earned $0.97 EPS. Sensata Technologies’s revenue for the quarter was down 2.5% compared to the same quarter last year. As a group, equities analysts forecast that Sensata Technologies Holding plc will post 3.55 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on ST shares. The Goldman Sachs Group lowered their price target on Sensata Technologies from $41.00 to $39.00 and set a “neutral” rating on the stock in a report on Tuesday, October 1st. Evercore ISI lowered their target price on shares of Sensata Technologies from $60.00 to $50.00 and set an “outperform” rating on the stock in a research note on Tuesday, October 15th. Wolfe Research started coverage on shares of Sensata Technologies in a research note on Thursday, September 5th. They issued a “peer perform” rating for the company. 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 report on Tuesday, July 30th. Finally, JPMorgan Chase & Co. dropped their target price on shares of Sensata Technologies from $35.00 to $34.00 and set an “underweight” rating on the stock in a report on Friday, October 4th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, Sensata Technologies presently has an average rating of “Hold” and an average price target of $43.40.

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.