Beese Fulmer Investment Management Inc. reduced its position in shares of Sensata Technologies Holding plc (NYSE:ST – Free Report) by 2.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 42,760 shares of the scientific and technical instruments company’s stock after selling 864 shares during the period. Beese Fulmer Investment Management Inc.’s holdings in Sensata Technologies were worth $1,924,000 at the end of the most recent quarter.
Other large investors also recently made changes to their positions in the company. International Assets Investment Management LLC bought a new position in shares of Sensata Technologies during the first quarter valued at about $42,000. Kepos Capital LP bought a new position in shares of Sensata Technologies during the fourth quarter valued at about $36,000. Group One Trading L.P. lifted its position in shares of Sensata Technologies by 239.2% during the fourth quarter. Group One Trading L.P. now owns 987 shares of the scientific and technical instruments company’s stock valued at $40,000 after purchasing an additional 696 shares in the last quarter. Bessemer Group Inc. bought a new position in shares of Sensata Technologies during the first quarter valued at about $56,000. Finally, Compass Wealth Management LLC bought a new position in shares of Sensata Technologies during the fourth quarter valued at about $61,000. 96.46% of the stock is owned by institutional investors.
Analyst Ratings Changes
Several analysts have commented on the stock. TheStreet lowered shares of Sensata Technologies from a “b-” rating to a “c+” rating in a research report on Thursday, August 17th. StockNews.com assumed coverage on shares of Sensata Technologies in a research report on Thursday, August 17th. They issued a “hold” rating on the stock. Finally, Truist Financial lowered their price target on shares of Sensata Technologies from $52.00 to $48.00 and set a “hold” rating on the stock in a research report on Wednesday, July 26th. Seven research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, Sensata Technologies has an average rating of “Hold” and an average price target of $53.13.
Sensata Technologies Price Performance
ST stock traded up $0.54 during midday trading on Friday, reaching $37.89. The company had a trading volume of 23,136,858 shares, compared to its average volume of 1,571,135. The company has a debt-to-equity ratio of 1.18, a current ratio of 2.81 and a quick ratio of 2.06. Sensata Technologies Holding plc has a 1 year low of $36.64 and a 1 year high of $54.34. The company has a market capitalization of $5.78 billion, a P/E ratio of 14.98, a P/E/G ratio of 0.90 and a beta of 1.31. The firm has a 50-day moving average price of $40.60 and a 200-day moving average price of $43.50.
Sensata Technologies (NYSE:ST – Get Free Report) last announced its quarterly earnings data on Tuesday, July 25th. The scientific and technical instruments company reported $0.97 earnings per share (EPS) 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 company had revenue of $1.06 billion during the quarter, compared to analysts’ expectations of $1.03 billion. During the same quarter in the prior year, the company earned $0.83 EPS. The firm’s revenue was up 4.1% on a year-over-year basis. On average, research analysts anticipate that Sensata Technologies Holding plc will post 3.76 earnings per share for the current fiscal year.
Sensata Technologies Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, August 23rd. Stockholders of record on Wednesday, August 9th were paid a $0.12 dividend. The ex-dividend date was Tuesday, August 8th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.27%. Sensata Technologies’s dividend payout ratio (DPR) is 18.97%.
About Sensata Technologies
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.
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