Sensata Technologies Holding N.V. (NYSE:ST) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Sensata Technologies Holding N.V. (NYSE:ST) have earned a consensus rating of “Hold” from the eleven ratings firms that are covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $47.80.

Several equities research analysts have recently weighed in on ST shares. Barclays lowered Sensata Technologies from an “overweight” rating to an “equal weight” rating and upped their price objective for the company from $49.00 to $53.00 in a research note on Friday, May 29th. The Goldman Sachs Group upped their price objective on Sensata Technologies from $48.00 to $60.00 and gave the company a “buy” rating in a research note on Tuesday, May 26th. Oppenheimer upped their price objective on Sensata Technologies from $50.00 to $55.00 and gave the company an “outperform” rating in a research note on Wednesday, April 29th. Truist Financial upgraded Sensata Technologies from a “hold” rating to a “buy” rating and upped their price objective for the company from $43.00 to $58.00 in a research note on Wednesday, May 13th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Sensata Technologies in a research note on Friday, May 29th.

Insider Activity at Sensata Technologies

In other news, EVP Lynne J. Caljouw sold 2,913 shares of the business’s stock in a transaction that occurred on Tuesday, April 7th. The stock was sold at an average price of $34.71, for a total value of $101,110.23. Following the transaction, the executive vice president directly owned 72,842 shares of the company’s stock, valued at $2,528,345.82. The trade was a 3.85% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP David K. Stott sold 6,335 shares of the business’s stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $47.40, for a total value of $300,279.00. Following the completion of the transaction, the executive vice president directly owned 39,687 shares in the company, valued at $1,881,163.80. The trade was a 13.77% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 0.65% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. CIBC Private Wealth Group LLC boosted its holdings in shares of Sensata Technologies by 700.0% in the 4th quarter. CIBC Private Wealth Group LLC now owns 832 shares of the scientific and technical instruments company’s stock worth $28,000 after acquiring an additional 728 shares in the last quarter. Root Financial Partners LLC boosted its holdings in shares of Sensata Technologies by 62.5% in the 1st quarter. Root Financial Partners LLC now owns 913 shares of the scientific and technical instruments company’s stock worth $32,000 after acquiring an additional 351 shares in the last quarter. EFG International AG acquired a new position in shares of Sensata Technologies in the 4th quarter worth approximately $33,000. EverSource Wealth Advisors LLC boosted its holdings in shares of Sensata Technologies by 244.4% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,178 shares of the scientific and technical instruments company’s stock worth $35,000 after acquiring an additional 836 shares in the last quarter. Finally, Parallel Advisors LLC lifted its holdings in Sensata Technologies by 62.7% during the 4th quarter. Parallel Advisors LLC now owns 1,072 shares of the scientific and technical instruments company’s stock worth $36,000 after buying an additional 413 shares in the last quarter. 99.42% of the stock is owned by institutional investors and hedge funds.

Sensata Technologies Trading Down 5.0%

Shares of ST opened at $46.73 on Friday. Sensata Technologies has a 12-month low of $28.16 and a 12-month high of $53.89. The company has a quick ratio of 1.95, a current ratio of 2.75 and a debt-to-equity ratio of 1.00. The firm has a market capitalization of $6.80 billion, a price-to-earnings ratio of 150.75, a P/E/G ratio of 1.35 and a beta of 1.26. The stock’s 50-day moving average price is $47.09 and its 200 day moving average price is $39.41.

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

Sensata Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, May 27th. Stockholders of record on Wednesday, May 13th were paid a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 1.0%. The ex-dividend date was Wednesday, May 13th. Sensata Technologies’s dividend payout ratio is currently 154.84%.

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.