Van Den Berg Management I Inc. Sells 442 Shares of Sensata Technologies Holding plc (NYSE:ST)

Van Den Berg Management I Inc. lessened its holdings in Sensata Technologies Holding plc (NYSE:ST) by 1.5% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 29,941 shares of the scientific and technical instruments company’s stock after selling 442 shares during the period. Van Den Berg Management I Inc.’s holdings in Sensata Technologies were worth $1,498,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the business. Kepos Capital LP bought a new stake in Sensata Technologies during the 4th quarter worth approximately $36,000. Group One Trading L.P. raised its stake in Sensata Technologies by 239.2% during the 4th quarter. Group One Trading L.P. now owns 987 shares of the scientific and technical instruments company’s stock worth $40,000 after acquiring an additional 696 shares during the period. International Assets Investment Management LLC bought a new stake in Sensata Technologies during the 1st quarter worth approximately $42,000. Bessemer Group Inc. bought a new stake in Sensata Technologies during the 1st quarter worth approximately $56,000. Finally, Compass Wealth Management LLC bought a new stake in Sensata Technologies during the 4th quarter worth approximately $61,000. Institutional investors own 96.46% of the company’s stock.

Sensata Technologies Trading Up 0.7 %

ST stock opened at $37.10 on Friday. The firm has a fifty day moving average price of $41.26 and a 200 day moving average price of $43.95. Sensata Technologies Holding plc has a fifty-two week low of $36.64 and a fifty-two week high of $54.34. The company has a debt-to-equity ratio of 1.18, a quick ratio of 2.06 and a current ratio of 2.81. The firm has a market cap of $5.65 billion, a PE ratio of 14.66, a price-to-earnings-growth ratio of 0.89 and a beta of 1.31.

Sensata Technologies (NYSE:ST) last posted its earnings results on Tuesday, July 25th. The scientific and technical instruments company reported $0.97 earnings per share for the quarter, beating analysts’ consensus estimates of $0.95 by $0.02. Sensata Technologies had a net margin of 9.50% and a return on equity of 18.03%. The firm had revenue of $1.06 billion during the quarter, compared to analyst estimates of $1.03 billion. During the same period last year, the firm posted $0.83 earnings per share. Sensata Technologies’s revenue for the quarter was up 4.1% compared to the same quarter last year. Sell-side analysts anticipate that Sensata Technologies Holding plc will post 3.76 earnings per share for the current fiscal year.

Sensata Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 23rd. Shareholders of record on Wednesday, August 9th were paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 1.29%. The ex-dividend date of this dividend was Tuesday, August 8th. Sensata Technologies’s payout ratio is 18.97%.

Analyst Ratings Changes

A number of research firms have commented on ST. Truist Financial decreased their target price on shares of Sensata Technologies from $52.00 to $48.00 and set a “hold” rating on the stock in a research note on Wednesday, July 26th. StockNews.com initiated coverage on shares of Sensata Technologies in a research report on Thursday, August 17th. They set a “hold” rating on the stock. Finally, TheStreet cut shares of Sensata Technologies from a “b-” rating to a “c+” rating in a research report on Thursday, August 17th. Seven equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $53.13.

Sensata Technologies 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. It operates in two segments, Performance Sensing and Sensing Solutions. The Performance Sensing segment develops and manufactures sensors, high-voltage solutions, and other solutions used in mission-critical systems and applications, such as tire pressure monitoring, thermal management, electrical protection, regenerative braking, powertrain (engine/transmission), exhaust management, and operator controls for automobiles, on-road trucks, and off-road equipment customers.