Corient Private Wealth LLC Boosts Stock Position in Sensata Technologies Holding N.V. $ST

Corient Private Wealth LLC lifted its holdings in Sensata Technologies Holding N.V. (NYSE:ST) by 157.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 41,202 shares of the scientific and technical instruments company’s stock after buying an additional 25,193 shares during the period. Corient Private Wealth LLC’s holdings in Sensata Technologies were worth $1,371,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Goldman Sachs Group Inc. boosted its holdings in shares of Sensata Technologies by 107.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 419,137 shares of the scientific and technical instruments company’s stock worth $10,172,000 after purchasing an additional 217,418 shares during the period. United Services Automobile Association purchased a new position in Sensata Technologies during the first quarter worth $246,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in Sensata Technologies by 12.2% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 505,957 shares of the scientific and technical instruments company’s stock valued at $12,280,000 after acquiring an additional 55,045 shares during the last quarter. Cetera Investment Advisers increased its position in Sensata Technologies by 11.8% during the second quarter. Cetera Investment Advisers now owns 23,409 shares of the scientific and technical instruments company’s stock valued at $705,000 after acquiring an additional 2,472 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership purchased a new stake in shares of Sensata Technologies in the second quarter valued at $750,000. 99.42% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts recently commented on the stock. UBS Group reiterated a “buy” rating and set a $57.00 price target on shares of Sensata Technologies in a report on Tuesday, June 2nd. Oppenheimer upped their target price on Sensata Technologies from $50.00 to $55.00 and gave the company an “outperform” rating in a research note on Wednesday, April 29th. Wall Street Zen downgraded Sensata Technologies from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 2nd. The Goldman Sachs Group raised their price target on Sensata Technologies from $48.00 to $60.00 and gave the stock a “buy” rating in a research note on Tuesday, May 26th. Finally, Weiss Ratings upgraded Sensata Technologies from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday. Four research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Sensata Technologies presently has a consensus rating of “Hold” and an average target price of $47.80.

Insider Buying and Selling

In other Sensata Technologies news, EVP Lynne J. Caljouw sold 2,913 shares of the business’s stock in a transaction that occurred on Tuesday, April 7th. The shares were sold at an average price of $34.71, for a total transaction of $101,110.23. Following the sale, the executive vice president owned 72,842 shares of the company’s stock, valued at approximately $2,528,345.82. The trade was a 3.85% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP David K. Stott sold 6,335 shares of the firm’s stock in a transaction on 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 directly owned 39,687 shares of the company’s stock, valued at approximately $1,881,163.80. This represents a 13.77% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.65% of the stock is owned by company insiders.

Sensata Technologies Stock Performance

Shares of NYSE:ST opened at $46.65 on Thursday. The firm has a 50 day moving average of $47.51 and a 200 day moving average of $39.70. The company has a quick ratio of 1.95, a current ratio of 2.75 and a debt-to-equity ratio of 1.00. The company has a market capitalization of $6.78 billion, a price-to-earnings ratio of 150.48, a price-to-earnings-growth ratio of 1.38 and a beta of 1.27. Sensata Technologies Holding N.V. has a 52 week low of $28.16 and a 52 week high of $53.89.

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

Sensata Technologies Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, May 27th. Investors of record on Wednesday, May 13th were paid a $0.12 dividend. The ex-dividend date was Wednesday, May 13th. This represents a $0.48 dividend on an annualized basis and a yield of 1.0%. Sensata Technologies’s dividend payout ratio (DPR) is 154.84%.

About Sensata Technologies

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.