Sensata Technologies (NYSE:ST) EVP David Stott Sells 6,335 Shares

Sensata Technologies Holding N.V. (NYSE:ST) EVP David Stott sold 6,335 shares of the firm’s stock in a transaction dated 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 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 Securities & Exchange Commission, which is accessible through the SEC website.

Sensata Technologies Trading Up 2.5%

NYSE:ST opened at $48.65 on Friday. The stock has a market cap of $7.08 billion, a PE ratio of 156.95, a price-to-earnings-growth ratio of 1.37 and a beta of 1.21. Sensata Technologies Holding N.V. has a fifty-two week low of $24.69 and a fifty-two week high of $49.36. The company has a debt-to-equity ratio of 1.00, a current ratio of 2.75 and a quick ratio of 1.95. The stock’s 50-day moving average is $39.86 and its two-hundred day moving average is $36.10.

Sensata Technologies (NYSE:ST) last issued its earnings results on Tuesday, March 31st. The scientific and technical instruments company reported $0.86 earnings per share for the quarter. The company had revenue of $934.80 million for the quarter. Sensata Technologies had a return on equity of 18.23% and a net margin of 1.28%. As a group, equities research analysts forecast that Sensata Technologies Holding N.V. will post 3.73 earnings per share for the current fiscal year.

Sensata Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, May 27th. Stockholders of record on Wednesday, May 13th will be issued a $0.12 dividend. The ex-dividend date is Wednesday, May 13th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.0%. Sensata Technologies’s dividend payout ratio is currently 154.84%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on ST. Truist Financial upgraded Sensata Technologies from a “hold” rating to a “buy” rating and upped their target price for the company from $43.00 to $58.00 in a report on Wednesday, May 13th. Robert W. Baird upped their target price on Sensata Technologies from $39.00 to $40.00 and gave the company a “neutral” rating in a report on Friday, February 20th. JPMorgan Chase & Co. upped their target price on Sensata Technologies from $32.00 to $34.00 and gave the company an “underweight” rating in a report on Monday, February 23rd. Weiss Ratings upgraded Sensata Technologies from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, March 2nd. Finally, Barclays upped their target price on Sensata Technologies from $48.00 to $49.00 and gave the company an “overweight” rating in a report on Wednesday, April 29th. Five research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $44.60.

Institutional Investors Weigh In On Sensata Technologies

Large investors have recently made changes to their positions in the company. Caprock Group LLC bought a new stake in shares of Sensata Technologies in the 3rd quarter valued at approximately $1,566,000. First Citizens Bank & Trust Co. bought a new stake in Sensata Technologies during the third quarter worth approximately $1,002,000. CWA Asset Management Group LLC bought a new stake in Sensata Technologies during the fourth quarter worth approximately $1,133,000. Envestnet Portfolio Solutions Inc. bought a new stake in Sensata Technologies during the third quarter worth approximately $1,163,000. Finally, Dimensional Fund Advisors LP boosted its position in Sensata Technologies by 2.2% during the third quarter. Dimensional Fund Advisors LP now owns 7,023,238 shares of the scientific and technical instruments company’s stock worth $214,557,000 after purchasing an additional 150,013 shares during the period. Institutional investors own 99.42% of the company’s stock.

Sensata Technologies Company 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.