BNP Paribas Financial Markets Acquires 126,463 Shares of Sensata Technologies Holding plc (NYSE:ST)

BNP Paribas Financial Markets raised its stake in Sensata Technologies Holding plc (NYSE:ST - Free Report) by 392.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 158,727 shares of the scientific and technical instruments company's stock after acquiring an additional 126,463 shares during the quarter. BNP Paribas Financial Markets owned approximately 0.11% of Sensata Technologies worth $4,349,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Blue Trust Inc. boosted its stake in Sensata Technologies by 738.7% in the fourth quarter. Blue Trust Inc. now owns 931 shares of the scientific and technical instruments company's stock valued at $26,000 after acquiring an additional 820 shares during the last quarter. Brown Brothers Harriman & Co. purchased a new stake in shares of Sensata Technologies during the 4th quarter valued at approximately $27,000. Venturi Wealth Management LLC lifted its stake in shares of Sensata Technologies by 67.6% during the 4th quarter. Venturi Wealth Management LLC now owns 2,026 shares of the scientific and technical instruments company's stock valued at $56,000 after buying an additional 817 shares in the last quarter. Parkside Financial Bank & Trust lifted its stake in shares of Sensata Technologies by 48.2% during the 4th quarter. Parkside Financial Bank & Trust now owns 2,523 shares of the scientific and technical instruments company's stock valued at $69,000 after buying an additional 820 shares in the last quarter. Finally, Headlands Technologies LLC lifted its stake in shares of Sensata Technologies by 524.8% during the 4th quarter. Headlands Technologies LLC now owns 2,768 shares of the scientific and technical instruments company's stock valued at $76,000 after buying an additional 2,325 shares in the last quarter. 99.42% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts recently commented on ST shares. Oppenheimer dropped their price target on shares of Sensata Technologies from $44.00 to $40.00 and set an "outperform" rating on the stock in a research note on Thursday, February 13th. JPMorgan Chase & Co. dropped their price target on shares of Sensata Technologies from $27.00 to $21.00 and set an "underweight" rating on the stock in a research note on Thursday, April 17th. 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 research note on Friday, May 9th. Wells Fargo & Company started coverage on shares of Sensata Technologies in a research note on Friday, April 25th. They set an "equal weight" rating and a $20.00 price target on the stock. Finally, Robert W. Baird dropped their price target on shares of Sensata Technologies from $24.00 to $23.00 and set a "neutral" rating on the stock in a research note on Tuesday, April 15th. One analyst has rated the stock with a sell rating, six have given a hold rating and five have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, Sensata Technologies currently has an average rating of "Hold" and an average price target of $33.58.

Sensata Technologies Price Performance

Shares of NYSE:ST traded down $0.12 during trading on Friday, reaching $27.20. The company had a trading volume of 2,200,379 shares, compared to its average volume of 1,707,899. The company has a fifty day moving average of $23.17 and a two-hundred day moving average of $27.26. The stock has a market capitalization of $3.98 billion, a P/E ratio of 32.38, a price-to-earnings-growth ratio of 1.25 and a beta of 1.02. Sensata Technologies Holding plc has a 12 month low of $17.32 and a 12 month high of $42.96. The company has a current ratio of 2.85, a quick ratio of 1.99 and a debt-to-equity ratio of 1.11.

Sensata Technologies (NYSE:ST - Get Free Report) last issued 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. The firm had revenue of $911.26 million for the quarter, compared to analyst estimates of $878.39 million. Sensata Technologies had a net margin of 3.27% and a return on equity of 17.54%. The business's revenue for the quarter was down 9.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.89 EPS. Equities research analysts forecast that Sensata Technologies Holding plc will post 3.21 earnings per share for the current year.

Sensata Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, May 28th. Stockholders of record on Wednesday, May 14th will be issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.76%. The ex-dividend date is Wednesday, May 14th. Sensata Technologies's payout ratio is 59.26%.

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