Franklin Resources Inc. lifted its holdings in shares of Sensata Technologies Holding N.V. (NYSE:ST – Free Report) by 860.9% in the 2nd quarter, HoldingsChannel reports. The fund owned 109,865 shares of the scientific and technical instruments company’s stock after purchasing an additional 98,432 shares during the period. Franklin Resources Inc.’s holdings in Sensata Technologies were worth $3,308,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. boosted its stake in Sensata Technologies by 61.4% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 1,036 shares of the scientific and technical instruments company’s stock valued at $25,000 after purchasing an additional 394 shares during the last quarter. Voya Investment Management LLC boosted its position in shares of Sensata Technologies by 2.9% during the first quarter. Voya Investment Management LLC now owns 18,675 shares of the scientific and technical instruments company’s stock valued at $453,000 after buying an additional 527 shares during the last quarter. Blue Trust Inc. grew its holdings in Sensata Technologies by 33.2% during the second quarter. Blue Trust Inc. now owns 2,566 shares of the scientific and technical instruments company’s stock worth $77,000 after buying an additional 640 shares in the last quarter. Park Avenue Securities LLC raised its position in Sensata Technologies by 5.1% in the 2nd quarter. Park Avenue Securities LLC now owns 14,315 shares of the scientific and technical instruments company’s stock valued at $431,000 after buying an additional 690 shares during the last quarter. Finally, Assetmark Inc. lifted its stake in Sensata Technologies by 22.2% during the 2nd quarter. Assetmark Inc. now owns 4,329 shares of the scientific and technical instruments company’s stock valued at $130,000 after acquiring an additional 786 shares in the last quarter. Institutional investors and hedge funds own 99.42% of the company’s stock.
Analyst Ratings Changes
Several analysts have recently issued reports on the stock. Wells Fargo & Company upped their target price on shares of Sensata Technologies from $33.00 to $34.00 and gave the stock an “equal weight” rating in a research note on Wednesday, October 29th. Barclays initiated coverage on shares of Sensata Technologies in a report on Wednesday, October 8th. They set an “overweight” rating and a $43.00 price target on the stock. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Sensata Technologies in a research report on Monday. The Goldman Sachs Group increased their price objective on shares of Sensata Technologies from $40.00 to $44.00 and gave the company a “buy” rating in a research note on Monday, September 29th. Finally, Evercore ISI set a $32.00 target price on Sensata Technologies in a research note on Wednesday, October 29th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, five have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, Sensata Technologies currently has an average rating of “Hold” and a consensus price target of $35.80.
Sensata Technologies Stock Performance
Shares of ST stock opened at $32.23 on Wednesday. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.94 and a current ratio of 2.91. The firm has a market cap of $4.70 billion, a price-to-earnings ratio of -161.16, a P/E/G ratio of 1.26 and a beta of 1.17. Sensata Technologies Holding N.V. has a 52 week low of $17.32 and a 52 week high of $33.90. The firm’s 50-day simple moving average is $31.05 and its two-hundred day simple moving average is $30.57.
Sensata Technologies (NYSE:ST – Get Free Report) last issued its quarterly earnings results on Tuesday, October 28th. The scientific and technical instruments company reported $0.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.85 by $0.04. Sensata Technologies had a negative net margin of 0.71% and a positive return on equity of 17.22%. The company had revenue of $931.98 million during the quarter, compared to analyst estimates of $918.83 million. During the same quarter last year, the business posted $0.86 EPS. Sensata Technologies’s quarterly revenue was down 5.2% compared to the same quarter last year. Sensata Technologies has set its Q4 2025 guidance at 0.830-0.870 EPS. As a group, equities analysts forecast that Sensata Technologies Holding N.V. will post 3.21 earnings per share for the current year.
Sensata Technologies Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Wednesday, November 26th. Stockholders of record on Wednesday, November 12th were given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend was Wednesday, November 12th. Sensata Technologies’s dividend payout ratio is currently -240.00%.
Insider Transactions at Sensata Technologies
In other Sensata Technologies news, Director Ali John Mirshekari sold 125,939 shares of the company’s stock in a transaction dated Wednesday, November 19th. The shares were sold at an average price of $28.83, for a total transaction of $3,630,821.37. Following the sale, the director directly owned 142,371 shares of the company’s stock, valued at $4,104,555.93. This represents a 46.94% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Lynne J. Caljouw sold 3,207 shares of Sensata Technologies stock in a transaction dated Thursday, October 30th. The stock was sold at an average price of $32.45, for a total transaction of $104,067.15. Following the completion of the transaction, the executive vice president owned 66,536 shares of the company’s stock, valued at $2,159,093.20. The trade was a 4.60% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 274,932 shares of company stock worth $7,962,744. 0.89% of the stock is owned by company insiders.
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.
See Also
- Five stocks we like better than Sensata Technologies
- 10 Best Airline Stocks to Buy
- Wall Street’s Sleeping Giant: Is Amazon About to Wake Up?
- What Investors Need to Know About Upcoming IPOs
- Checkmate in the Cloud: ServiceNow’s Shopping Spree
- What Do S&P 500 Stocks Tell Investors About the Market?
- The Contrarian Case for MSTR Amid MSCI Delisting Debacle
Want to see what other hedge funds are holding ST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Sensata Technologies Holding N.V. (NYSE:ST – Free Report).
Receive News & Ratings for Sensata Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sensata Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
