Sensata Technologies Holding plc (NYSE:ST) Director Andrew C. Teich Acquires 9,925 Shares

Sensata Technologies Holding plc (NYSE:ST - Get Free Report) Director Andrew C. Teich acquired 9,925 shares of Sensata Technologies stock in a transaction on Friday, May 23rd. The stock was purchased at an average cost of $25.19 per share, with a total value of $250,010.75. Following the completion of the transaction, the director now directly owns 41,117 shares in the company, valued at $1,035,737.23. This represents a 31.82% increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Sensata Technologies Stock Performance

Shares of ST stock traded down $0.35 during trading on Monday, reaching $25.71. 994,228 shares of the company's stock traded hands, compared to its average volume of 1,855,886. The company has a market capitalization of $3.76 billion, a P/E ratio of 30.61, a PEG ratio of 1.25 and a beta of 1.02. The company has a current ratio of 2.85, a quick ratio of 1.99 and a debt-to-equity ratio of 1.11. The firm's 50-day moving average is $22.89 and its 200 day moving average is $26.66. Sensata Technologies Holding plc has a 1 year low of $17.32 and a 1 year high of $42.33.

Sensata Technologies (NYSE:ST - Get Free Report) last announced its quarterly earnings results on Thursday, May 8th. The scientific and technical instruments company reported $0.78 EPS for the quarter, beating analysts' consensus estimates of $0.72 by $0.06. The company had revenue of $911.26 million for the quarter, compared to analysts' expectations of $878.39 million. Sensata Technologies had a net margin of 3.27% and a return on equity of 17.54%. Sensata Technologies's revenue was down 9.5% compared to the same quarter last year. During the same period in the prior year, the company posted $0.89 EPS. Equities research analysts expect that Sensata Technologies Holding plc will post 3.21 EPS for the current year.

Sensata Technologies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, May 28th. Shareholders of record on Wednesday, May 14th were paid a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 1.87%. The ex-dividend date was Wednesday, May 14th. Sensata Technologies's dividend payout ratio is presently 59.26%.

Institutional Trading of Sensata Technologies

Institutional investors and hedge funds have recently bought and sold shares of the company. Blue Trust Inc. lifted its stake in Sensata Technologies by 738.7% in the 4th quarter. Blue Trust Inc. now owns 931 shares of the scientific and technical instruments company's stock worth $26,000 after purchasing an additional 820 shares in the last quarter. Brown Brothers Harriman & Co. purchased a new stake in Sensata Technologies in the 4th quarter worth approximately $27,000. Northwestern Mutual Wealth Management Co. lifted its stake in Sensata Technologies by 61.4% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 1,036 shares of the scientific and technical instruments company's stock worth $25,000 after purchasing an additional 394 shares in the last quarter. National Bank of Canada FI purchased a new stake in Sensata Technologies in the 1st quarter worth approximately $27,000. Finally, Signaturefd LLC lifted its stake in Sensata Technologies by 515.5% in the 1st quarter. Signaturefd LLC now owns 1,114 shares of the scientific and technical instruments company's stock worth $27,000 after purchasing an additional 933 shares in the last quarter. 99.42% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the stock. Wells Fargo & Company increased their target price on shares of Sensata Technologies from $23.00 to $26.00 and gave the company an "equal weight" rating in a research report on Monday, May 19th. Oppenheimer reduced their target price on shares of Sensata Technologies from $44.00 to $40.00 and set an "outperform" rating for the company in a research report on Thursday, February 13th. JPMorgan Chase & Co. reduced their target price on shares of Sensata Technologies from $27.00 to $21.00 and set an "underweight" rating for the company in a research report on Thursday, April 17th. The Goldman Sachs Group increased their target price on shares of Sensata Technologies from $27.00 to $30.00 and gave the company a "buy" rating in a research report on Friday, May 9th. Finally, Robert W. Baird reduced their target price on shares of Sensata Technologies from $24.00 to $23.00 and set a "neutral" rating for the company in a research report on Tuesday, April 15th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and five have issued a buy rating to the company's stock. According to MarketBeat, Sensata Technologies currently has an average rating of "Hold" and a consensus price target of $34.08.

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 in the United States and internationally. It operates in two segments, Performance Sensing and Sensing Solutions.