129,433 Shares in Sensata Technologies Holding plc (NYSE:ST) Bought by Texas Permanent School Fund Corp

Texas Permanent School Fund Corp purchased a new position in Sensata Technologies Holding plc (NYSE:STFree Report) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 129,433 shares of the scientific and technical instruments company’s stock, valued at approximately $4,895,000. Texas Permanent School Fund Corp owned approximately 0.08% of Sensata Technologies at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of ST. CWM LLC lifted its stake in Sensata Technologies by 235.4% during the 2nd quarter. CWM LLC now owns 852 shares of the scientific and technical instruments company’s stock valued at $38,000 after acquiring an additional 598 shares during the period. Compass Wealth Management LLC bought a new position in Sensata Technologies during the 4th quarter valued at about $61,000. Meeder Asset Management Inc. lifted its stake in Sensata Technologies by 51.8% during the 4th quarter. Meeder Asset Management Inc. now owns 1,561 shares of the scientific and technical instruments company’s stock valued at $63,000 after acquiring an additional 533 shares during the period. First Horizon Advisors Inc. lifted its stake in Sensata Technologies by 23.7% during the 2nd quarter. First Horizon Advisors Inc. now owns 1,670 shares of the scientific and technical instruments company’s stock valued at $75,000 after acquiring an additional 320 shares during the period. Finally, SRS Capital Advisors Inc. lifted its stake in Sensata Technologies by 26.7% during the 2nd quarter. SRS Capital Advisors Inc. now owns 2,232 shares of the scientific and technical instruments company’s stock valued at $100,000 after acquiring an additional 470 shares during the period. Institutional investors own 96.46% of the company’s stock.

Wall Street Analyst Weigh In

ST has been the subject of several research reports. JPMorgan Chase & Co. lowered shares of Sensata Technologies from a “neutral” rating to an “underweight” rating and reduced their price target for the company from $37.00 to $34.00 in a research report on Monday, January 8th. Oppenheimer raised shares of Sensata Technologies from a “market perform” rating to an “outperform” rating and set a $50.00 price target for the company in a research report on Tuesday, January 30th. Stifel Nicolaus reduced their price target on shares of Sensata Technologies from $40.00 to $36.00 and set a “hold” rating for the company in a research report on Wednesday, February 7th. Bank of America lowered shares of Sensata Technologies from a “buy” rating to a “neutral” rating and reduced their price target for the company from $46.00 to $38.00 in a research report on Wednesday, February 7th. Finally, Truist Financial reduced their price target on shares of Sensata Technologies from $39.00 to $36.00 and set a “hold” rating for the company in a research report on Wednesday, February 7th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat.com, Sensata Technologies presently has an average rating of “Hold” and an average target price of $39.67.

View Our Latest Research Report on Sensata Technologies

Sensata Technologies Stock Up 2.0 %

Sensata Technologies stock opened at $33.63 on Tuesday. The company has a debt-to-equity ratio of 1.13, a current ratio of 2.55 and a quick ratio of 1.69. Sensata Technologies Holding plc has a 12-month low of $30.56 and a 12-month high of $52.74. The firm has a 50 day moving average of $35.41 and a 200 day moving average of $35.96.

Sensata Technologies (NYSE:STGet Free Report) last announced its quarterly earnings data on Tuesday, February 6th. The scientific and technical instruments company reported $0.81 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.86 by ($0.05). Sensata Technologies had a negative net margin of 0.10% and a positive return on equity of 17.47%. The company had revenue of $992.50 million for the quarter, compared to analysts’ expectations of $978.05 million. During the same period last year, the business earned $0.96 earnings per share. The company’s quarterly revenue was down 2.2% compared to the same quarter last year. On average, analysts expect that Sensata Technologies Holding plc will post 3.74 earnings per share for the current fiscal year.

Sensata Technologies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, February 28th. Stockholders of record on Wednesday, February 14th will be given a dividend of $0.12 per share. The ex-dividend date of this dividend is Tuesday, February 13th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.43%. Sensata Technologies’s dividend payout ratio is currently -959.81%.

Sensata Technologies Profile

(Free Report)

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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Institutional Ownership by Quarter for Sensata Technologies (NYSE:ST)

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