Sensata Technologies Holding N.V. (NYSE:ST) Given Average Rating of “Hold” by Brokerages

Sensata Technologies Holding N.V. (NYSE:ST) has been given a consensus rating of “Hold” by the eleven brokerages that are currently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, six have issued a hold rating and four have issued a buy rating on the company. The average 12 month price target among brokerages that have covered the stock in the last year is $48.60.

Several analysts have recently commented on ST shares. Weiss Ratings raised Sensata Technologies from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday, June 30th. 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 research report on Wednesday, April 29th. Truist Financial raised shares of 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 shares of Sensata Technologies from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 2nd. Finally, The Goldman Sachs Group boosted 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.

Insider Transactions at Sensata Technologies

In related news, EVP David K. Stott sold 6,335 shares of Sensata Technologies 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. The trade was a 13.77% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Corporate insiders own 0.65% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. CIBC Private Wealth Group LLC boosted its position in shares of Sensata Technologies by 700.0% in the 4th quarter. CIBC Private Wealth Group LLC now owns 832 shares of the scientific and technical instruments company’s stock worth $28,000 after buying an additional 728 shares in the last quarter. Elevation Wealth Partners LLC grew its stake in Sensata Technologies by 272.3% in the 2nd quarter. Elevation Wealth Partners LLC now owns 901 shares of the scientific and technical instruments company’s stock valued at $43,000 after acquiring an additional 659 shares during the last quarter. Root Financial Partners LLC increased its holdings in Sensata Technologies by 62.5% during the 1st quarter. Root Financial Partners LLC now owns 913 shares of the scientific and technical instruments company’s stock valued at $32,000 after acquiring an additional 351 shares in the last quarter. EFG International AG purchased a new position in Sensata Technologies during the 4th quarter valued at about $33,000. Finally, Parallel Advisors LLC raised its position in Sensata Technologies by 62.7% during the fourth quarter. Parallel Advisors LLC now owns 1,072 shares of the scientific and technical instruments company’s stock worth $36,000 after acquiring an additional 413 shares during the last quarter. Hedge funds and other institutional investors own 99.42% of the company’s stock.

Sensata Technologies Trading Down 1.0%

NYSE:ST opened at $46.06 on Thursday. The firm has a market cap of $6.70 billion, a P/E ratio of 148.58, a PEG ratio of 1.34 and a beta of 1.27. 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 stock’s 50 day simple moving average is $48.10 and its 200-day simple moving average is $40.90. Sensata Technologies has a 12-month low of $28.16 and a 12-month high of $53.89.

Sensata Technologies (NYSE:ST) last issued 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 return on equity of 18.23% and a net margin of 1.28%.The firm had revenue of $934.80 million during the quarter. Equities analysts anticipate that Sensata Technologies will post 3.73 EPS for the current year.

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.