Sensata Technologies Holding N.V. $ST Shares Acquired by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio increased its holdings in Sensata Technologies Holding N.V. (NYSE:ST) by 347.0% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 195,144 shares of the scientific and technical instruments company’s stock after purchasing an additional 151,487 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in Sensata Technologies were worth $6,873,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Fifth Third Bancorp increased its holdings in Sensata Technologies by 1.0% during 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 acquiring an additional 268 shares in the last quarter. UMB Bank n.a. lifted its holdings 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 purchasing an additional 286 shares in the last quarter. Assetmark Inc. grew its position in shares of Sensata Technologies by 6.6% in the first quarter. Assetmark Inc. now owns 4,860 shares of the scientific and technical instruments company’s stock valued at $171,000 after purchasing an additional 303 shares during the last quarter. Root Financial Partners LLC grew its position in shares of Sensata Technologies by 62.5% in the first quarter. Root Financial Partners LLC now owns 913 shares of the scientific and technical instruments company’s stock valued at $32,000 after purchasing an additional 351 shares during the last quarter. Finally, Inscription Capital LLC increased its stake in shares of Sensata Technologies by 1.4% during the 4th quarter. Inscription Capital LLC now owns 27,946 shares of the scientific and technical instruments company’s stock worth $930,000 after purchasing an additional 393 shares in the last quarter. 99.42% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages recently issued reports on ST. Oppenheimer lifted their price objective on Sensata Technologies from $50.00 to $55.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 29th. Truist Financial upgraded Sensata Technologies from a “hold” rating to a “buy” rating and increased their target price for the company from $43.00 to $58.00 in a report on Wednesday, May 13th. Wall Street Zen downgraded Sensata Technologies from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 2nd. Bank of America boosted their price target on Sensata Technologies from $46.00 to $48.00 and gave the stock a “neutral” rating in a report on Thursday, July 9th. Finally, Weiss Ratings upgraded Sensata Technologies from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, June 30th. Four research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $48.60.

Sensata Technologies Stock Performance

Shares of NYSE ST opened at $46.69 on Wednesday. The company has a market cap of $6.79 billion, a PE ratio of 150.60, a price-to-earnings-growth ratio of 1.33 and a beta of 1.27. Sensata Technologies Holding N.V. has a 12 month low of $28.16 and a 12 month high of $53.89. The company has a debt-to-equity ratio of 1.00, a current ratio of 2.75 and a quick ratio of 1.95. The company has a 50-day simple moving average of $47.96 and a 200-day simple moving average of $41.21.

Sensata Technologies (NYSE:ST) last posted its quarterly earnings data on Tuesday, March 31st. The scientific and technical instruments company reported $0.86 earnings per share for the quarter. The business had revenue of $934.80 million during the quarter. Sensata Technologies had a net margin of 1.28% and a return on equity of 18.23%. On average, equities analysts anticipate that Sensata Technologies Holding N.V. will post 3.73 earnings per share for the current year.

Sensata Technologies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, August 26th. Shareholders of record on Wednesday, August 12th will be paid a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend is Wednesday, August 12th. Sensata Technologies’s payout ratio is presently 154.84%.

Insiders Place Their Bets

In other Sensata Technologies news, EVP David K. Stott sold 6,335 shares of the business’s stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $47.40, for a total value of $300,279.00. Following the completion of the transaction, the executive vice president directly 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 sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.65% of the company’s stock.

Sensata Technologies 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.