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

Sensata Technologies Holding plc (NYSE:ST) has been assigned an average rating of “Hold” from the thirteen brokerages that are covering the stock, MarketBeat reports. One analyst has rated the stock with a sell rating, seven have issued a hold rating and five have given a buy rating to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $39.42.

ST has been the topic of a number of recent research reports. UBS Group cut their target price on shares of Sensata Technologies from $38.00 to $37.00 and set a “buy” rating on the stock in a report on Wednesday. Truist Financial reduced their target price on shares of Sensata Technologies from $38.00 to $33.00 and set a “hold” rating for the company in a report on Tuesday, November 5th. JPMorgan Chase & Co. lowered their price target on Sensata Technologies from $34.00 to $32.00 and set an “underweight” rating on the stock in a report on Tuesday, November 5th. TD Cowen dropped their price target on Sensata Technologies from $50.00 to $45.00 and set a “buy” rating on the stock in a research report on Wednesday, November 6th. Finally, The Goldman Sachs Group decreased their price objective on Sensata Technologies from $36.00 to $32.00 and set a “neutral” rating for the company in a research report on Thursday, January 16th.

Hedge Funds Weigh In On Sensata Technologies

A number of large investors have recently made changes to their positions in the stock. Janus Henderson Group PLC increased its stake in Sensata Technologies by 0.5% in the 3rd quarter. Janus Henderson Group PLC now owns 9,722,999 shares of the scientific and technical instruments company’s stock valued at $348,666,000 after purchasing an additional 45,513 shares in the last quarter. Boston Partners increased its position in shares of Sensata Technologies by 11.6% in the fourth quarter. Boston Partners now owns 6,526,941 shares of the scientific and technical instruments company’s stock valued at $179,087,000 after buying an additional 677,316 shares in the last quarter. State Street Corp raised its stake in shares of Sensata Technologies by 0.4% during the 3rd quarter. State Street Corp now owns 5,470,903 shares of the scientific and technical instruments company’s stock worth $196,187,000 after buying an additional 23,946 shares during the last quarter. FMR LLC boosted its position in shares of Sensata Technologies by 18.9% in the 3rd quarter. FMR LLC now owns 3,895,776 shares of the scientific and technical instruments company’s stock worth $139,703,000 after buying an additional 618,202 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA grew its stake in Sensata Technologies by 0.4% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 2,721,353 shares of the scientific and technical instruments company’s stock valued at $97,588,000 after acquiring an additional 11,798 shares during the last quarter. Hedge funds and other institutional investors own 99.42% of the company’s stock.

Sensata Technologies Stock Performance

NYSE ST opened at $28.00 on Thursday. The company has a fifty day moving average of $28.11 and a two-hundred day moving average of $32.67. The company has a market capitalization of $4.19 billion, a PE ratio of -51.85, a P/E/G ratio of 0.77 and a beta of 1.23. Sensata Technologies has a 1 year low of $24.91 and a 1 year high of $43.14. The company has a debt-to-equity ratio of 1.08, a current ratio of 2.60 and a quick ratio of 1.76.

Sensata Technologies (NYSE:ST) last announced its earnings results on Tuesday, February 11th. The scientific and technical instruments company reported $0.76 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.76. Sensata Technologies had a positive return on equity of 17.68% and a negative net margin of 1.98%. As a group, analysts expect that Sensata Technologies will post 3.44 earnings per share for the current year.

Sensata Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, February 26th. Shareholders of record on Wednesday, February 12th will be issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 1.71%. The ex-dividend date of this dividend is Wednesday, February 12th. Sensata Technologies’s dividend payout ratio (DPR) is currently -88.89%.

About Sensata Technologies

Sensata Technologies Holding plc develops, manufactures, and sells sensors and sensor-rich solutions, electrical protection components and systems, and other products used in mission-critical systems and applications in the United States and internationally. It operates in two segments, Performance Sensing and Sensing Solutions.