Earnest Partners LLC Cuts Stock Holdings in Sensata Technologies Holding plc (NYSE:ST)

Earnest Partners LLC lessened its position in shares of Sensata Technologies Holding plc (NYSE:ST - Free Report) by 2.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,560,271 shares of the scientific and technical instruments company's stock after selling 44,738 shares during the quarter. Earnest Partners LLC owned about 1.04% of Sensata Technologies worth $42,751,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the company. Price T Rowe Associates Inc. MD increased its stake in Sensata Technologies by 36.4% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 7,821,428 shares of the scientific and technical instruments company's stock valued at $214,308,000 after purchasing an additional 2,088,161 shares in the last quarter. Boston Partners increased its stake in Sensata Technologies by 11.6% during the 4th quarter. Boston Partners now owns 6,526,941 shares of the scientific and technical instruments company's stock valued at $179,087,000 after purchasing an additional 677,316 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in Sensata Technologies by 12.6% during the 4th quarter. Dimensional Fund Advisors LP now owns 5,808,186 shares of the scientific and technical instruments company's stock valued at $159,143,000 after purchasing an additional 648,028 shares in the last quarter. Fuller & Thaler Asset Management Inc. increased its stake in Sensata Technologies by 96.8% during the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 5,260,870 shares of the scientific and technical instruments company's stock valued at $144,148,000 after purchasing an additional 2,587,183 shares in the last quarter. Finally, Victory Capital Management Inc. increased its stake in Sensata Technologies by 5.9% during the 4th quarter. Victory Capital Management Inc. now owns 2,231,369 shares of the scientific and technical instruments company's stock valued at $61,140,000 after purchasing an additional 124,535 shares in the last quarter. Institutional investors own 99.42% of the company's stock.

Sensata Technologies Trading Down 0.2 %

ST traded down $0.04 during trading hours on Thursday, reaching $21.37. The company's stock had a trading volume of 1,446,680 shares, compared to its average volume of 1,741,471. Sensata Technologies Holding plc has a fifty-two week low of $17.32 and a fifty-two week high of $43.14. The stock has a market cap of $3.20 billion, a PE ratio of 25.43, a P/E/G ratio of 1.25 and a beta of 1.12. The business's 50-day moving average is $24.05 and its 200-day moving average is $28.16. The company has a debt-to-equity ratio of 1.11, a current ratio of 2.85 and a quick ratio of 1.99.

Sensata Technologies (NYSE:ST - Get Free Report) last released its quarterly earnings data on Tuesday, February 11th. The scientific and technical instruments company reported $0.76 EPS for the quarter, meeting analysts' consensus estimates of $0.76. Sensata Technologies had a return on equity of 17.54% and a net margin of 3.27%. As a group, equities research analysts predict that Sensata Technologies Holding plc will post 3.21 earnings per share for the current fiscal year.

Sensata Technologies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, May 28th. Shareholders of record on Wednesday, May 14th will be paid a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 2.25%. The ex-dividend date of this dividend is Wednesday, May 14th. Sensata Technologies's dividend payout ratio (DPR) is 57.14%.

Wall Street Analyst Weigh In

ST has been the topic of a number of recent analyst reports. Wells Fargo & Company began 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. UBS Group lowered their price target on shares of Sensata Technologies from $37.00 to $30.00 and set a "buy" rating on the stock in a report on Thursday, April 10th. The Goldman Sachs Group raised shares of Sensata Technologies from a "neutral" rating to a "buy" rating and lowered their price target for the stock from $31.00 to $27.00 in a report on Thursday, April 10th. Robert W. Baird lowered their price target on shares of Sensata Technologies from $24.00 to $23.00 and set a "neutral" rating on the stock in a report on Tuesday, April 15th. Finally, Evercore ISI downgraded shares of Sensata Technologies from an "outperform" rating to an "inline" rating and decreased their price objective for the company 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 given a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $33.33.

Sensata Technologies 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.