Sensata Technologies Holding plc (NYSE:ST) Receives Average Recommendation of “Hold” from Analysts

Sensata Technologies Holding plc (NYSE:ST) has been assigned a consensus rating of “Hold” from the twelve ratings firms that are currently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and four have issued a buy rating on the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $38.00.

ST has been the topic of several recent research reports. The Goldman Sachs Group cut their price target on Sensata Technologies from $36.00 to $32.00 and set a “neutral” rating on the stock in a report on Thursday, January 16th. Evercore ISI cut Sensata Technologies from an “outperform” rating to an “inline” rating and cut their target price for the company from $40.00 to $27.00 in a research note on Thursday. UBS Group reduced their price target on shares of Sensata Technologies from $38.00 to $37.00 and set a “buy” rating for the company in a report on Wednesday, February 12th. Finally, Oppenheimer cut their price objective on shares of Sensata Technologies from $44.00 to $40.00 and set an “outperform” rating on the stock in a research report on Thursday, February 13th.

Institutional Investors Weigh In On Sensata Technologies

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Blue Trust Inc. increased its position in shares of Sensata Technologies by 738.7% during the 4th quarter. Blue Trust Inc. now owns 931 shares of the scientific and technical instruments company’s stock valued at $26,000 after purchasing an additional 820 shares during the period. Brown Brothers Harriman & Co. bought a new position in Sensata Technologies during the fourth quarter valued at about $27,000. Venturi Wealth Management LLC grew its holdings in Sensata Technologies by 67.6% during the fourth quarter. Venturi Wealth Management LLC now owns 2,026 shares of the scientific and technical instruments company’s stock worth $56,000 after acquiring an additional 817 shares during the period. Quarry LP raised its position in Sensata Technologies by 61.2% in the third quarter. Quarry LP now owns 1,714 shares of the scientific and technical instruments company’s stock worth $61,000 after acquiring an additional 651 shares in the last quarter. Finally, Parkside Financial Bank & Trust lifted its holdings in Sensata Technologies by 48.2% in the 4th quarter. Parkside Financial Bank & Trust now owns 2,523 shares of the scientific and technical instruments company’s stock valued at $69,000 after acquiring an additional 820 shares during the last quarter. Institutional investors own 99.42% of the company’s stock.

Sensata Technologies Price Performance

ST stock opened at $20.26 on Friday. The company has a market capitalization of $3.03 billion, a PE ratio of 24.11, a P/E/G ratio of 1.25 and a beta of 1.20. The company has a quick ratio of 1.99, a current ratio of 2.85 and a debt-to-equity ratio of 1.11. The stock’s 50 day moving average is $27.36 and its two-hundred day moving average is $30.40. Sensata Technologies has a 52-week low of $20.08 and a 52-week high of $43.14.

Sensata Technologies (NYSE:ST) last announced its quarterly earnings data on Tuesday, February 11th. The scientific and technical instruments company reported $0.76 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.76. Sensata Technologies had a return on equity of 17.54% and a net margin of 3.27%. Analysts predict that Sensata Technologies will post 3.21 earnings per share for the current fiscal year.

Sensata Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 26th. Stockholders of record on Wednesday, February 12th were issued a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 2.37%. The ex-dividend date was Wednesday, February 12th. Sensata Technologies’s dividend payout ratio (DPR) is presently 57.14%.

Sensata Technologies Company Profile

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.