Sensata Technologies Holding N.V. $ST Shares Sold by Handelsbanken Fonder AB

Handelsbanken Fonder AB cut its holdings in shares of Sensata Technologies Holding N.V. (NYSE:ST) by 33.9% in the second quarter, HoldingsChannel.com reports. The firm owned 241,971 shares of the scientific and technical instruments company’s stock after selling 124,051 shares during the quarter. Handelsbanken Fonder AB’s holdings in Sensata Technologies were worth $11,552,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of ST. Fulton Bank N.A. purchased a new stake in Sensata Technologies in the 2nd quarter valued at about $210,000. Legacy Wealth Asset Management LLC boosted its stake in Sensata Technologies by 3.1% during the second quarter. Legacy Wealth Asset Management LLC now owns 16,131 shares of the scientific and technical instruments company’s stock worth $770,000 after buying an additional 485 shares during the period. Elevation Wealth Partners LLC increased its position in shares of Sensata Technologies by 272.3% during the second 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. 55 North Private Wealth LLC acquired a new stake in shares of Sensata Technologies during the second quarter valued at about $255,000. Finally, Versant Capital Management Inc increased its position in shares of Sensata Technologies by 4.8% during the second quarter. Versant Capital Management Inc now owns 14,566 shares of the scientific and technical instruments company’s stock valued at $695,000 after acquiring an additional 667 shares during the last quarter. 99.42% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Sensata Technologies

In related news, EVP David K. Stott sold 6,335 shares of the company’s stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $47.40, for a total transaction of $300,279.00. Following the sale, the executive vice president directly owned 39,687 shares in the company, valued at approximately $1,881,163.80. This represents a 13.77% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.65% of the company’s stock.

Sensata Technologies Stock Down 1.6%

Sensata Technologies stock opened at $45.42 on Friday. Sensata Technologies Holding N.V. has a twelve month low of $28.16 and a twelve month high of $53.89. The stock’s fifty day simple moving average is $47.12 and its 200-day simple moving average is $42.19. The company has a current ratio of 2.29, a quick ratio of 1.58 and a debt-to-equity ratio of 0.83. The firm has a market capitalization of $6.61 billion, a P/E ratio of 75.70, a P/E/G ratio of 1.38 and a beta of 1.27.

Sensata Technologies (NYSE:ST) last released its earnings results on Wednesday, July 29th. The scientific and technical instruments company reported $0.98 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.93 by $0.05. Sensata Technologies had a return on equity of 18.68% and a net margin of 2.37%.The firm had revenue of $990.60 million during the quarter, compared to analyst estimates of $970.39 million. During the same period last year, the business posted $0.87 earnings per share. Sensata Technologies’s revenue was up 5.0% compared to the same quarter last year. Sensata Technologies has set its Q3 2026 guidance at 0.930-0.970 EPS. As a group, equities analysts expect that Sensata Technologies Holding N.V. will post 3.77 earnings per share for the current fiscal year.

Sensata Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 26th. Stockholders of record on Wednesday, August 12th will be given a dividend of $0.12 per share. The ex-dividend date of this dividend is Wednesday, August 12th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.1%. Sensata Technologies’s payout ratio is currently 80.00%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the stock. The Goldman Sachs Group upped their price objective on shares of Sensata Technologies from $48.00 to $60.00 and gave the stock a “buy” rating in a report on Tuesday, May 26th. Weiss Ratings downgraded shares of Sensata Technologies from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, July 30th. Bank of America boosted their target price on Sensata Technologies from $46.00 to $48.00 and gave the company a “neutral” rating in a research report on Thursday, July 9th. Oppenheimer raised their price target on Sensata Technologies from $55.00 to $58.00 and gave the stock an “outperform” rating in a research report on Friday, July 31st. Finally, Wells Fargo & Company lifted their price objective on Sensata Technologies from $48.00 to $49.00 and gave the company an “equal weight” rating in a research note on Thursday, June 25th. Four analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $49.10.

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.