Geode Capital Management LLC Has $89.69 Million Holdings in Sensata Technologies Holding N.V. $ST

Geode Capital Management LLC grew its holdings in Sensata Technologies Holding N.V. (NYSE:ST) by 1.2% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 2,693,488 shares of the scientific and technical instruments company’s stock after acquiring an additional 33,051 shares during the period. Geode Capital Management LLC’s holdings in Sensata Technologies were worth $89,685,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the business. Inscription Capital LLC raised its stake in shares of Sensata Technologies by 1.4% in the 4th quarter. Inscription Capital LLC now owns 27,946 shares of the scientific and technical instruments company’s stock valued at $930,000 after buying an additional 393 shares in the last quarter. Quadrant Capital Group LLC raised its stake in shares of Sensata Technologies by 3.8% in the 3rd quarter. Quadrant Capital Group LLC now owns 10,981 shares of the scientific and technical instruments company’s stock valued at $335,000 after buying an additional 397 shares in the last quarter. PNC Financial Services Group Inc. raised its stake in shares of Sensata Technologies by 4.8% in the 3rd quarter. PNC Financial Services Group Inc. now owns 9,338 shares of the scientific and technical instruments company’s stock valued at $285,000 after buying an additional 426 shares in the last quarter. Van Den Berg Management I Inc. raised its stake in shares of Sensata Technologies by 0.4% in the 3rd quarter. Van Den Berg Management I Inc. now owns 124,548 shares of the scientific and technical instruments company’s stock valued at $3,805,000 after buying an additional 474 shares in the last quarter. Finally, Savant Capital LLC raised its stake in shares of Sensata Technologies by 4.1% in the 3rd quarter. Savant Capital LLC now owns 12,971 shares of the scientific and technical instruments company’s stock valued at $396,000 after buying an additional 511 shares in the last quarter. Institutional investors and hedge funds own 99.42% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on ST. UBS Group reaffirmed a “buy” rating and issued a $57.00 target price on shares of Sensata Technologies in a report on Tuesday, June 2nd. Oppenheimer upped their target price on shares of Sensata Technologies from $50.00 to $55.00 and gave the stock an “outperform” rating in a report on Wednesday, April 29th. Wall Street Zen lowered shares of Sensata Technologies from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 2nd. Wells Fargo & Company increased their price objective on shares of Sensata Technologies from $42.00 to $48.00 and gave the stock an “equal weight” rating in a report on Tuesday, June 2nd. Finally, Truist Financial raised shares of Sensata Technologies from a “hold” rating to a “buy” rating and increased their price objective for the stock from $43.00 to $58.00 in a report on Wednesday, May 13th. Four equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $47.70.

Sensata Technologies Stock Up 0.0%

Shares of NYSE ST opened at $49.86 on Monday. The firm has a market capitalization of $7.25 billion, a PE ratio of 160.83, a price-to-earnings-growth ratio of 1.44 and a beta of 1.26. The company has a current ratio of 2.75, a quick ratio of 1.95 and a debt-to-equity ratio of 1.00. Sensata Technologies Holding N.V. has a 1 year low of $26.86 and a 1 year high of $53.89. The firm’s 50-day moving average is $43.10 and its 200-day moving average is $37.54.

Sensata Technologies (NYSE:ST) last issued its earnings results on Tuesday, March 31st. The scientific and technical instruments company reported $0.86 earnings per share (EPS) for the quarter. The company had revenue of $934.80 million for the quarter. Sensata Technologies had a net margin of 1.28% and a return on equity of 18.23%. Equities analysts expect that Sensata Technologies Holding N.V. will post 3.73 EPS for the current year.

Sensata Technologies Announces Dividend

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

Insider Activity

In other news, EVP David K. Stott sold 6,335 shares of the firm’s stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $47.40, for a total value of $300,279.00. Following the transaction, the executive vice president owned 39,687 shares of the company’s stock, valued at approximately $1,881,163.80. This trade represents a 13.77% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Lynne J. Caljouw sold 2,913 shares of the firm’s stock in a transaction dated Tuesday, April 7th. The shares were sold at an average price of $34.71, for a total transaction of $101,110.23. Following the completion of the transaction, the executive vice president directly owned 72,842 shares in the company, valued at $2,528,345.82. This trade represents a 3.85% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 11,728 shares of company stock worth $486,949 in the last ninety days. Insiders own 0.65% 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.