Sensata Technologies Holding plc (NYSE:ST) Shares Sold by Raymond James & Associates

Raymond James & Associates trimmed its position in shares of Sensata Technologies Holding plc (NYSE:ST) by 4.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 40,226 shares of the scientific and technical instruments company’s stock after selling 1,881 shares during the quarter. Raymond James & Associates’ holdings in Sensata Technologies were worth $1,511,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Mariner LLC boosted its holdings in Sensata Technologies by 1.5% in the 1st quarter. Mariner LLC now owns 17,405 shares of the scientific and technical instruments company’s stock valued at $885,000 after purchasing an additional 261 shares in the last quarter. Treasurer of the State of North Carolina lifted its holdings in shares of Sensata Technologies by 0.5% in the 3rd quarter. Treasurer of the State of North Carolina now owns 66,248 shares of the scientific and technical instruments company’s stock valued at $2,505,000 after buying an additional 340 shares during the period. M&T Bank Corp boosted its stake in shares of Sensata Technologies by 5.9% in the third quarter. M&T Bank Corp now owns 6,250 shares of the scientific and technical instruments company’s stock valued at $233,000 after buying an additional 350 shares in the last quarter. Advisory Services Network LLC grew its holdings in Sensata Technologies by 13.4% during the first quarter. Advisory Services Network LLC now owns 3,378 shares of the scientific and technical instruments company’s stock worth $169,000 after acquiring an additional 400 shares during the period. Finally, Yousif Capital Management LLC raised its position in Sensata Technologies by 9.9% in the first quarter. Yousif Capital Management LLC now owns 4,451 shares of the scientific and technical instruments company’s stock worth $226,000 after acquiring an additional 400 shares in the last quarter. 99.42% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on ST. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $36.00 price target (down from $44.00) on shares of Sensata Technologies in a research note on Tuesday, April 9th. JPMorgan Chase & Co. cut shares of Sensata Technologies from a “neutral” rating to an “underweight” rating and dropped their target price for the company from $37.00 to $34.00 in a report on Monday, January 8th. Jefferies Financial Group assumed coverage on Sensata Technologies in a research note on Tuesday, April 9th. They set a “hold” rating and a $40.00 price target on the stock. Truist Financial lowered their price target on Sensata Technologies from $39.00 to $36.00 and set a “hold” rating on the stock in a report on Wednesday, February 7th. Finally, Stifel Nicolaus reduced their price objective on Sensata Technologies from $40.00 to $36.00 and set a “hold” rating for the company in a report on Wednesday, February 7th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $39.25.

Sensata Technologies Trading Up 0.1 %

NYSE ST opened at $33.51 on Friday. The company has a market cap of $5.04 billion, a P/E ratio of -670.07, a P/E/G ratio of 0.82 and a beta of 1.37. Sensata Technologies Holding plc has a 12 month low of $30.56 and a 12 month high of $48.17. The company has a debt-to-equity ratio of 1.13, a current ratio of 2.55 and a quick ratio of 1.69. The company has a 50-day moving average of $34.93 and a 200-day moving average of $34.84.

Sensata Technologies (NYSE:ST) last issued its quarterly earnings results on Tuesday, February 6th. The scientific and technical instruments company reported $0.81 EPS for the quarter, missing the consensus estimate of $0.86 by ($0.05). Sensata Technologies had a positive return on equity of 17.47% and a negative net margin of 0.10%. The company had revenue of $992.50 million for the quarter, compared to analyst estimates of $978.05 million. During the same period last year, the company posted $0.96 EPS. The business’s revenue for the quarter was down 2.2% on a year-over-year basis. As a group, equities analysts predict that Sensata Technologies Holding plc will post 3.74 earnings per share for the current year.

Sensata Technologies Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, February 28th. Shareholders of record on Wednesday, February 14th were given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 1.43%. The ex-dividend date of this dividend was Tuesday, February 13th. Sensata Technologies’s dividend payout ratio (DPR) is presently -959.81%.

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.