Sensata Technologies (NYSE:ST) Given New $44.00 Price Target at The Goldman Sachs Group

Sensata Technologies (NYSE:ST) had its target price hoisted by The Goldman Sachs Group from $40.00 to $44.00 in a research note released on Monday morning,Benzinga reports. The Goldman Sachs Group currently has a buy rating on the scientific and technical instruments company’s stock.

A number of other equities research analysts also recently weighed in on ST. UBS Group raised their price target on Sensata Technologies from $41.00 to $43.00 and gave the company a “buy” rating in a research report on Wednesday, July 30th. Wall Street Zen raised Sensata Technologies from a “hold” rating to a “buy” rating in a research note on Saturday, August 2nd. Wells Fargo & Company boosted their price objective on shares of Sensata Technologies from $30.00 to $33.00 and gave the stock an “equal weight” rating in a report on Wednesday, July 30th. Truist Financial lifted their price target on Sensata Technologies from $27.00 to $35.00 and gave the stock a “hold” rating in a research note on Wednesday, July 30th. Finally, Evercore ISI raised their target price on shares of Sensata Technologies from $27.00 to $30.00 and gave the stock an “in-line” rating in a report on Wednesday, July 30th. Four equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Sensata Technologies presently has an average rating of “Hold” and an average price target of $35.91.

Sensata Technologies Stock Up 0.2%

ST stock opened at $30.63 on Monday. The company’s 50 day moving average is $31.53 and its 200 day moving average is $27.92. The stock has a market cap of $4.46 billion, a price-to-earnings ratio of 40.83, a price-to-earnings-growth ratio of 1.20 and a beta of 1.15. The company has a current ratio of 2.71, a quick ratio of 1.94 and a debt-to-equity ratio of 1.11. Sensata Technologies has a 1-year low of $17.32 and a 1-year high of $36.64.

Sensata Technologies (NYSE:ST) last announced its earnings results on Tuesday, July 29th. The scientific and technical instruments company reported $0.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.84 by $0.03. Sensata Technologies had a net margin of 2.97% and a return on equity of 16.88%. The business had revenue of $943.38 million during the quarter, compared to analyst estimates of $928.25 million. During the same period in the previous year, the business posted $0.93 earnings per share. Sensata Technologies’s revenue for the quarter was down 8.9% on a year-over-year basis. Sensata Technologies has set its Q3 2025 guidance at 0.810-0.87 EPS. Sell-side analysts predict that Sensata Technologies will post 3.21 EPS for the current fiscal year.

Sensata Technologies Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 27th. Investors of record on Wednesday, August 13th were paid a $0.12 dividend. The ex-dividend date of this dividend was Wednesday, August 13th. This represents a $0.48 dividend on an annualized basis and a yield of 1.6%. Sensata Technologies’s dividend payout ratio (DPR) is presently 64.00%.

Insiders Place Their Bets

In other Sensata Technologies news, EVP Lynne J. Caljouw sold 2,576 shares of the business’s stock in a transaction on Tuesday, September 9th. The shares were sold at an average price of $31.98, for a total transaction of $82,380.48. Following the transaction, the executive vice president directly owned 77,185 shares of the company’s stock, valued at approximately $2,468,376.30. The trade was a 3.23% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.89% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Sensata Technologies

Several hedge funds and other institutional investors have recently modified their holdings of ST. Northwestern Mutual Wealth Management Co. lifted its holdings in Sensata Technologies by 61.4% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 1,036 shares of the scientific and technical instruments company’s stock worth $25,000 after buying an additional 394 shares during the period. Signaturefd LLC raised its position in shares of Sensata Technologies by 515.5% in the 1st quarter. Signaturefd LLC now owns 1,114 shares of the scientific and technical instruments company’s stock worth $27,000 after acquiring an additional 933 shares in the last quarter. National Bank of Canada FI bought a new position in shares of Sensata Technologies in the 1st quarter worth approximately $27,000. Hantz Financial Services Inc. lifted its stake in shares of Sensata Technologies by 446.2% in the 2nd quarter. Hantz Financial Services Inc. now owns 994 shares of the scientific and technical instruments company’s stock valued at $30,000 after purchasing an additional 812 shares during the period. Finally, Brooklyn Investment Group boosted its position in shares of Sensata Technologies by 1,575.0% during the first quarter. Brooklyn Investment Group now owns 1,273 shares of the scientific and technical instruments company’s stock valued at $31,000 after purchasing an additional 1,197 shares in the last quarter. Hedge funds and other institutional investors own 99.42% of the company’s stock.

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.