Sensata Technologies Holding plc (NYSE:ST) Shares Bought by Advisors Asset Management Inc.

Advisors Asset Management Inc. increased its position in Sensata Technologies Holding plc (NYSE:ST) by 11.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 64,060 shares of the scientific and technical instruments company’s stock after buying an additional 6,565 shares during the quarter. Advisors Asset Management Inc.’s holdings in Sensata Technologies were worth $2,297,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. GAMMA Investing LLC lifted its position in shares of Sensata Technologies by 399.0% in the 2nd quarter. GAMMA Investing LLC now owns 968 shares of the scientific and technical instruments company’s stock worth $36,000 after acquiring an additional 774 shares during the period. Versant Capital Management Inc bought a new position in shares of Sensata Technologies in the 2nd quarter worth $37,000. Quarry LP boosted its position in shares of Sensata Technologies by 227.1% in the 2nd quarter. Quarry LP now owns 1,063 shares of the scientific and technical instruments company’s stock worth $40,000 after purchasing an additional 738 shares during the last quarter. Assetmark Inc. boosted its position in shares of Sensata Technologies by 19.0% in the 3rd quarter. Assetmark Inc. now owns 2,602 shares of the scientific and technical instruments company’s stock worth $93,000 after purchasing an additional 416 shares during the last quarter. Finally, First Horizon Advisors Inc. boosted its position in shares of Sensata Technologies by 57.9% in the 2nd quarter. First Horizon Advisors Inc. now owns 2,529 shares of the scientific and technical instruments company’s stock worth $95,000 after purchasing an additional 927 shares during the last quarter. Institutional investors and hedge funds own 99.42% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have weighed in on ST. TD Cowen reduced their target price on Sensata Technologies from $50.00 to $45.00 and set a “buy” rating on the stock in a report on Wednesday, November 6th. Robert W. Baird reduced their target price on Sensata Technologies from $40.00 to $36.00 and set a “neutral” rating on the stock in a report on Tuesday, November 5th. Stifel Nicolaus reduced their target price on Sensata Technologies from $43.00 to $38.00 and set a “hold” rating on the stock in a report on Tuesday, November 5th. The Goldman Sachs Group reduced their target price on Sensata Technologies from $41.00 to $39.00 and set a “neutral” rating on the stock in a report on Tuesday, October 1st. Finally, Wolfe Research started coverage on Sensata Technologies in a report on Thursday, September 5th. They issued a “peer perform” rating on the stock. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $41.00.

Sensata Technologies Trading Up 3.3 %

Shares of NYSE:ST opened at $31.89 on Monday. 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 stock has a market cap of $4.77 billion, a PE ratio of -59.05, a P/E/G ratio of 0.90 and a beta of 1.25. The business has a 50 day moving average of $34.49 and a 200-day moving average of $37.18. Sensata Technologies Holding plc has a 12-month low of $30.43 and a 12-month high of $43.14.

Sensata Technologies (NYSE:ST) last announced its quarterly earnings results on Monday, November 4th. The scientific and technical instruments company reported $0.86 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.86. The company 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 company’s revenue for the quarter was down 1.8% compared to the same quarter last year. During the same period in the prior year, the business earned $0.91 earnings per share. As a group, equities research analysts forecast that Sensata Technologies Holding plc will post 3.43 earnings per share for the current year.

Sensata Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 13th will be paid a dividend of $0.12 per share. The ex-dividend date is Wednesday, November 13th. This represents a $0.48 dividend on an annualized basis and a yield of 1.51%. Sensata Technologies’s dividend payout ratio (DPR) is currently -88.89%.

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.