Sensata Technologies Holding N.V. (NYSE:ST – Get Free Report) announced a quarterly dividend on Thursday, July 23rd. Shareholders of record on Wednesday, August 12th will be paid a dividend of 0.12 per share by the scientific and technical instruments company on Wednesday, August 26th. This represents a c) dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend is Wednesday, August 12th.
Sensata Technologies has a dividend payout ratio of 13.7% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Sensata Technologies to earn $4.08 per share next year, which means the company should continue to be able to cover its $0.48 annual dividend with an expected future payout ratio of 11.8%.
Sensata Technologies Trading Up 1.1%
ST stock traded up $0.50 during mid-day trading on Friday, reaching $46.12. The company’s stock had a trading volume of 321,701 shares, compared to its average volume of 1,994,781. Sensata Technologies has a 12 month low of $28.16 and a 12 month high of $53.89. The company has a current ratio of 2.75, a quick ratio of 1.95 and a debt-to-equity ratio of 1.00. The business’s 50 day moving average price is $48.03 and its 200 day moving average price is $40.98. The company has a market cap of $6.71 billion, a price-to-earnings ratio of 148.73, a price-to-earnings-growth ratio of 1.32 and a beta of 1.27.
Insiders Place Their Bets
In other Sensata Technologies news, EVP David K. Stott sold 6,335 shares of Sensata Technologies stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $47.40, for a total transaction of $300,279.00. Following the completion of the transaction, the executive vice president owned 39,687 shares in the company, valued at approximately $1,881,163.80. The trade was a 13.77% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.65% of the company’s stock.
Institutional Trading of Sensata Technologies
Several institutional investors have recently made changes to their positions in ST. Fifth Third Bancorp increased its stake in Sensata Technologies by 1.0% in the 1st quarter. Fifth Third Bancorp now owns 27,782 shares of the scientific and technical instruments company’s stock valued at $978,000 after buying an additional 268 shares during the last quarter. UMB Bank n.a. raised its stake in shares of Sensata Technologies by 20.5% in the fourth quarter. UMB Bank n.a. now owns 1,678 shares of the scientific and technical instruments company’s stock valued at $56,000 after buying an additional 286 shares during the period. Assetmark Inc. raised its stake in Sensata Technologies by 6.6% in the 1st quarter. Assetmark Inc. now owns 4,860 shares of the scientific and technical instruments company’s stock valued at $171,000 after acquiring an additional 303 shares during the period. Van Den Berg Management I Inc. lifted its stake in shares of Sensata Technologies by 0.3% during the 1st quarter. Van Den Berg Management I Inc. now owns 128,294 shares of the scientific and technical instruments company’s stock valued at $4,519,000 after buying an additional 329 shares in the last quarter. Finally, Root Financial Partners LLC lifted its position in shares of Sensata Technologies by 62.5% during the first quarter. Root Financial Partners LLC now owns 913 shares of the scientific and technical instruments company’s stock worth $32,000 after acquiring an additional 351 shares in the last quarter. Institutional investors own 99.42% of the company’s stock.
Sensata Technologies Company Profile
Sensata Technologies Holdings N.V. is a global industrial technology company specializing in the design, development and manufacture of sensors and electrical protection solutions. The company’s product portfolio includes pressure, temperature, position, speed, current and magnetic sensors, as well as circuit breakers and other protection devices. Sensata’s offerings serve a wide array of end markets, with a particularly strong presence in automotive original equipment manufacturers (OEMs), industrial automation, heating, ventilation and air conditioning (HVAC), commercial aerospace and renewable energy sectors.
Headquartered in Attleboro, Massachusetts, Sensata operates a network of manufacturing and engineering facilities across North America, Europe, Asia Pacific and Latin America.
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