Sensata Technologies Holding plc (NYSE:ST) Receives $57.00 Consensus PT from Brokerages

Shares of Sensata Technologies Holding plc (NYSE:ST – Get Rating) have received a consensus recommendation of “Hold” from the fourteen analysts that are currently covering the company, MarketBeat.com reports. Six investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $57.00.

Several research analysts have recently weighed in on the stock. Evercore ISI decreased their price target on shares of Sensata Technologies from $56.00 to $50.00 and set an “in-line” rating on the stock in a report on Tuesday, June 28th. Cowen lowered their price target on Sensata Technologies from $70.00 to $65.00 in a report on Wednesday, April 27th. JPMorgan Chase & Co. cut their price objective on Sensata Technologies from $58.00 to $42.00 and set a “neutral” rating for the company in a report on Thursday, July 14th. Citigroup lowered their target price on shares of Sensata Technologies from $50.00 to $45.00 and set a “neutral” rating on the stock in a research note on Wednesday, July 27th. Finally, Wolfe Research raised shares of Sensata Technologies from a “peer perform” rating to an “outperform” rating and set a $55.00 price target for the company in a research note on Wednesday, June 22nd.

Insider Buying and Selling

In related news, SVP Shannon M. Votava sold 1,800 shares of the company’s stock in a transaction that occurred on Tuesday, June 7th. The stock was sold at an average price of $48.81, for a total value of $87,858.00. Following the sale, the senior vice president now owns 16,389 shares in the company, valued at approximately $799,947.09. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 1.00% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Sensata Technologies

A number of hedge funds have recently bought and sold shares of ST. Quadrant Capital Group LLC lifted its position in Sensata Technologies by 24.2% in the 4th quarter. Quadrant Capital Group LLC now owns 1,165 shares of the scientific and technical instruments company’s stock valued at $72,000 after acquiring an additional 227 shares in the last quarter. Rockefeller Capital Management L.P. boosted its position in shares of Sensata Technologies by 25.3% during the fourth quarter. Rockefeller Capital Management L.P. now owns 1,168 shares of the scientific and technical instruments company’s stock valued at $71,000 after buying an additional 236 shares during the last quarter. Mariner LLC increased its holdings in Sensata Technologies by 1.5% in the 1st quarter. Mariner LLC now owns 17,405 shares of the scientific and technical instruments company’s stock worth $885,000 after buying an additional 261 shares in the last quarter. Nomura Asset Management Co. Ltd. raised its position in Sensata Technologies by 1.0% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 31,410 shares of the scientific and technical instruments company’s stock worth $1,938,000 after buying an additional 310 shares during the last quarter. Finally, Glenview Trust Co lifted its stake in Sensata Technologies by 3.3% during the 1st quarter. Glenview Trust Co now owns 10,949 shares of the scientific and technical instruments company’s stock valued at $557,000 after acquiring an additional 352 shares during the period. Institutional investors own 98.43% of the company’s stock.

Sensata Technologies Price Performance

Sensata Technologies stock opened at $45.27 on Wednesday. The business’s 50 day simple moving average is $43.60 and its 200 day simple moving average is $48.96. Sensata Technologies has a 12 month low of $38.31 and a 12 month high of $65.58. The company has a market cap of $7.10 billion, a price-to-earnings ratio of 28.47, a PEG ratio of 1.23 and a beta of 1.29. The company has a current ratio of 3.52, a quick ratio of 2.91 and a debt-to-equity ratio of 1.40.

Sensata Technologies (NYSE:ST – Get Rating) last issued its earnings results on Tuesday, July 26th. The scientific and technical instruments company reported $0.83 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.83. Sensata Technologies had a net margin of 6.55% and a return on equity of 17.40%. The firm had revenue of $1.02 billion during the quarter, compared to analyst estimates of $1.01 billion. During the same quarter last year, the business earned $0.95 earnings per share. The company’s quarterly revenue was up 2.8% on a year-over-year basis. Sell-side analysts forecast that Sensata Technologies will post 3.36 EPS for the current year.

Sensata Technologies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, August 24th. Investors of record on Wednesday, August 10th will be paid a $0.11 dividend. The ex-dividend date of this dividend is Tuesday, August 9th. This represents a $0.44 annualized dividend and a dividend yield of 0.97%. Sensata Technologies’s payout ratio is 27.67%.

About Sensata Technologies

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Sensata Technologies Holding plc develops, manufactures, and sells sensors, sensor-based solutions, controls, and other products in the Americas, Europe, Asia, and internationally. It operates in two segments, Performance Sensing and Sensing Solutions. The Performance Sensing segment develops and manufactures sensors, high-voltage contactors, and other solutions used in mission-critical systems and applications, such as tire pressure monitoring, thermal management, electrical protection, regenerative braking, powertrain (engine/transmission), and exhaust management.