38,073 Shares in Sensata Technologies Holding N.V. $ST Acquired by Envestnet Portfolio Solutions Inc.

Envestnet Portfolio Solutions Inc. acquired a new stake in shares of Sensata Technologies Holding N.V. (NYSE:ST) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 38,073 shares of the scientific and technical instruments company’s stock, valued at approximately $1,163,000.

Other large investors have also recently modified their holdings of the company. Goldman Sachs Group Inc. raised its holdings in shares of Sensata Technologies by 107.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 419,137 shares of the scientific and technical instruments company’s stock worth $10,172,000 after buying an additional 217,418 shares in the last quarter. United Services Automobile Association bought a new position in Sensata Technologies in the first quarter valued at about $246,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in Sensata Technologies by 12.2% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 505,957 shares of the scientific and technical instruments company’s stock worth $12,280,000 after acquiring an additional 55,045 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Sensata Technologies by 32.2% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 49,434 shares of the scientific and technical instruments company’s stock worth $1,593,000 after acquiring an additional 12,039 shares during the last quarter. Finally, Park Avenue Securities LLC boosted its stake in shares of 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 purchasing an additional 690 shares in the last quarter. Institutional investors and hedge funds own 99.42% of the company’s stock.

Wall Street Analysts Forecast Growth

ST has been the subject of a number of research analyst reports. Wells Fargo & Company upped their price objective on shares of Sensata Technologies from $34.00 to $37.00 and gave the stock an “equal weight” rating in a research report on Monday, January 12th. Weiss Ratings reiterated a “sell (d)” rating on shares of Sensata Technologies in a report on Monday, December 29th. Evercore ISI set a $32.00 price objective on Sensata Technologies in a report on Wednesday, October 29th. Oppenheimer restated an “outperform” rating and set a $43.00 price objective on shares of Sensata Technologies in a research report on Wednesday, December 17th. Finally, Barclays lowered their target price on Sensata Technologies from $43.00 to $40.00 and set an “overweight” rating for the company in a report on Monday, January 12th. Four investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $36.10.

Sensata Technologies Stock Performance

NYSE ST opened at $35.24 on Wednesday. The company has a market capitalization of $5.13 billion, a price-to-earnings ratio of -176.19, a PEG ratio of 1.32 and a beta of 1.15. The company has a quick ratio of 2.10, a current ratio of 2.91 and a debt-to-equity ratio of 1.18. Sensata Technologies Holding N.V. has a twelve month low of $17.32 and a twelve month high of $36.25. The stock has a fifty day simple moving average of $33.72 and a 200 day simple moving average of $32.23.

Sensata Technologies (NYSE:ST) last issued its quarterly earnings results on Tuesday, October 28th. The scientific and technical instruments company reported $0.89 earnings per share for the quarter, beating the consensus estimate of $0.85 by $0.04. The company had revenue of $931.98 million during the quarter, compared to analysts’ expectations of $918.83 million. Sensata Technologies had a positive return on equity of 17.22% and a negative net margin of 0.71%.The business’s quarterly revenue was down 5.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.86 earnings per share. Sell-side analysts expect that Sensata Technologies Holding N.V. will post 3.21 EPS for the current year.

Insiders Place Their Bets

In other news, EVP Lynne J. Caljouw sold 3,207 shares of the business’s stock in a transaction that occurred on Thursday, October 30th. The shares were sold at an average price of $32.45, for a total value of $104,067.15. Following the transaction, the executive vice president owned 66,536 shares in the company, valued at approximately $2,159,093.20. The trade was a 4.60% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Ali John Mirshekari sold 125,939 shares of the stock in a transaction on Wednesday, November 19th. The stock was sold at an average price of $28.83, for a total transaction of $3,630,821.37. Following the sale, the director owned 142,371 shares of the company’s stock, valued at approximately $4,104,555.93. This trade represents a 46.94% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 272,356 shares of company stock worth $7,880,364. 0.89% of the stock is currently owned by insiders.

About Sensata Technologies

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.