Balyasny Asset Management L.P. Has $14.61 Million Stock Holdings in Sensata Technologies Holding plc (NYSE:ST)

Balyasny Asset Management L.P. lifted its stake in shares of Sensata Technologies Holding plc (NYSE:ST - Free Report) by 34.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 533,270 shares of the scientific and technical instruments company's stock after purchasing an additional 135,637 shares during the period. Balyasny Asset Management L.P. owned approximately 0.36% of Sensata Technologies worth $14,612,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Barclays PLC increased its stake in Sensata Technologies by 14.9% in the third quarter. Barclays PLC now owns 77,759 shares of the scientific and technical instruments company's stock valued at $2,788,000 after purchasing an additional 10,107 shares in the last quarter. JPMorgan Chase & Co. increased its stake in Sensata Technologies by 66.7% in the third quarter. JPMorgan Chase & Co. now owns 660,568 shares of the scientific and technical instruments company's stock valued at $23,688,000 after purchasing an additional 264,334 shares in the last quarter. Oak Thistle LLC increased its stake in Sensata Technologies by 326.8% in the fourth quarter. Oak Thistle LLC now owns 59,007 shares of the scientific and technical instruments company's stock valued at $1,617,000 after purchasing an additional 45,182 shares in the last quarter. Park Avenue Securities LLC increased its stake in Sensata Technologies by 16.9% in the fourth quarter. Park Avenue Securities LLC now owns 10,852 shares of the scientific and technical instruments company's stock valued at $297,000 after purchasing an additional 1,571 shares in the last quarter. Finally, Crossmark Global Holdings Inc. boosted its holdings in shares of Sensata Technologies by 107.0% in the fourth quarter. Crossmark Global Holdings Inc. now owns 17,363 shares of the scientific and technical instruments company's stock valued at $476,000 after buying an additional 8,974 shares during the period. 99.42% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms have recently weighed in on ST. The Goldman Sachs Group upped their price target on shares of Sensata Technologies from $27.00 to $30.00 and gave the company a "buy" rating in a report on Friday, May 9th. Oppenheimer reduced their price target on shares of Sensata Technologies from $44.00 to $40.00 and set an "outperform" rating for the company in a report on Thursday, February 13th. UBS Group reduced their target price on shares of Sensata Technologies from $37.00 to $30.00 and set a "buy" rating for the company in a report on Thursday, April 10th. Wells Fargo & Company initiated coverage on shares of Sensata Technologies in a report on Friday, April 25th. They set an "equal weight" rating and a $20.00 target price for the company. Finally, Evercore ISI cut shares of Sensata Technologies from an "outperform" rating to an "inline" rating and reduced their target price for the stock from $40.00 to $27.00 in a report on Thursday, April 3rd. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, Sensata Technologies presently has an average rating of "Hold" and an average price target of $33.58.

Sensata Technologies Stock Performance

Shares of ST traded down $0.19 during trading hours on Wednesday, hitting $27.92. The company had a trading volume of 425,702 shares, compared to its average volume of 1,704,918. The firm has a market cap of $4.08 billion, a price-to-earnings ratio of 33.24, a PEG ratio of 1.25 and a beta of 1.02. The business has a fifty day moving average of $23.21 and a 200-day moving average of $27.37. Sensata Technologies Holding plc has a 12 month low of $17.32 and a 12 month high of $43.14. The company has a quick ratio of 1.99, a current ratio of 2.85 and a debt-to-equity ratio of 1.11.

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

Sensata Technologies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, May 28th. Investors of record on Wednesday, May 14th will be given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 1.72%. The ex-dividend date is Wednesday, May 14th. Sensata Technologies's dividend payout ratio is 59.26%.

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.