Foster & Motley Inc. Invests $548,000 in Sensata Technologies Holding N.V. $ST

Foster & Motley Inc. bought a new position in Sensata Technologies Holding N.V. (NYSE:ST) during the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 16,466 shares of the scientific and technical instruments company’s stock, valued at approximately $548,000.

Several other institutional investors and hedge funds also recently bought and sold shares of ST. Goldman Sachs Group Inc. increased its position in Sensata Technologies by 107.8% in the first 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 shares of Sensata Technologies during the 1st quarter valued at approximately $246,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of Sensata Technologies by 12.2% during the 1st 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 valued at $12,280,000 after acquiring an additional 55,045 shares during the period. Creative Planning increased its holdings in Sensata Technologies by 22.4% in the 2nd quarter. Creative Planning now owns 22,289 shares of the scientific and technical instruments company’s stock worth $671,000 after acquiring an additional 4,076 shares in the last quarter. Finally, Cetera Investment Advisers increased its holdings in Sensata Technologies by 11.8% in the 2nd quarter. Cetera Investment Advisers now owns 23,409 shares of the scientific and technical instruments company’s stock worth $705,000 after acquiring an additional 2,472 shares in the last quarter. 99.42% of the stock is currently owned by hedge funds and other institutional investors.

Sensata Technologies Stock Performance

Shares of NYSE ST opened at $35.22 on Thursday. The company has a market cap of $5.13 billion, a P/E ratio of 185.37, a P/E/G ratio of 1.03 and a beta of 1.13. Sensata Technologies Holding N.V. has a 52-week low of $17.32 and a 52-week high of $39.09. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.78 and a current ratio of 2.57. The firm’s fifty day moving average is $35.49 and its two-hundred day moving average is $33.44.

Sensata Technologies (NYSE:ST) last released its quarterly earnings data on Saturday, February 14th. The scientific and technical instruments company reported $0.88 EPS for the quarter, beating the consensus estimate of $0.86 by $0.02. Sensata Technologies had a net margin of 0.83% and a return on equity of 17.92%. The business had revenue of $917.88 million during the quarter, compared to the consensus estimate of $911.03 million. During the same quarter in the prior year, the firm earned $0.76 EPS. The business’s revenue was up 1.1% on a year-over-year basis. As a group, analysts anticipate that Sensata Technologies Holding N.V. will post 3.21 EPS for the current fiscal year.

Sensata Technologies Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, February 25th. Shareholders of record on Wednesday, February 11th were issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 1.4%. The ex-dividend date was Wednesday, February 11th. Sensata Technologies’s dividend payout ratio (DPR) is currently 252.63%.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the stock. Oppenheimer lifted their price target on shares of Sensata Technologies from $43.00 to $50.00 and gave the company an “outperform” rating in a report on Friday, February 27th. Weiss Ratings raised shares of Sensata Technologies from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, March 2nd. JPMorgan Chase & Co. raised their price objective on shares of Sensata Technologies from $32.00 to $34.00 and gave the company an “underweight” rating in a research report on Monday, February 23rd. Truist Financial lifted their target price on shares of Sensata Technologies from $35.00 to $38.00 and gave the company a “hold” rating in a research note on Friday, February 20th. Finally, Wall Street Zen raised shares of Sensata Technologies from a “hold” rating to a “buy” rating in a report on Sunday, March 1st. Four equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Sensata Technologies currently has a consensus rating of “Hold” and an average target price of $40.20.

Insiders Place Their Bets

In other Sensata Technologies news, EVP Lynne J. Caljouw sold 2,496 shares of Sensata Technologies stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of $37.53, for a total value of $93,674.88. Following the sale, the executive vice president owned 64,040 shares of the company’s stock, valued at $2,403,421.20. The trade was a 3.75% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 0.89% of the stock is owned by corporate insiders.

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.