Aaron Wealth Advisors LLC Makes New Investment in Sensata Technologies Holding N.V. (NYSE:ST)

Aaron Wealth Advisors LLC bought a new stake in Sensata Technologies Holding N.V. (NYSE:ST - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 13,776 shares of the scientific and technical instruments company's stock, valued at approximately $334,000.

Several other institutional investors and hedge funds also recently made changes to their positions in ST. Summit Trail Advisors LLC acquired a new stake in shares of Sensata Technologies during the 1st quarter worth $1,130,000. Copeland Capital Management LLC grew its holdings in shares of Sensata Technologies by 4.5% during the 1st quarter. Copeland Capital Management LLC now owns 1,785,385 shares of the scientific and technical instruments company's stock worth $43,331,000 after purchasing an additional 76,794 shares in the last quarter. Illinois Municipal Retirement Fund grew its holdings in shares of Sensata Technologies by 27.4% during the 1st quarter. Illinois Municipal Retirement Fund now owns 73,371 shares of the scientific and technical instruments company's stock worth $1,781,000 after purchasing an additional 15,772 shares in the last quarter. New World Advisors LLC grew its holdings in shares of Sensata Technologies by 23.2% during the 1st quarter. New World Advisors LLC now owns 9,020 shares of the scientific and technical instruments company's stock worth $219,000 after purchasing an additional 1,700 shares in the last quarter. Finally, Lecap Asset Management Ltd. bought a new stake in Sensata Technologies during the first quarter worth $965,000. Institutional investors and hedge funds own 99.42% of the company's stock.

Sensata Technologies Trading Down 2.0%

NYSE:ST traded down $0.63 during trading hours on Monday, hitting $31.59. 1,584,350 shares of the company were exchanged, compared to its average volume of 1,670,458. The stock has a market capitalization of $4.62 billion, a price-to-earnings ratio of 39.00, a price-to-earnings-growth ratio of 1.39 and a beta of 1.13. The company has a current ratio of 2.64, a quick ratio of 1.81 and a debt-to-equity ratio of 1.12. Sensata Technologies Holding N.V. has a one year low of $17.32 and a one year high of $42.33. The company has a fifty day simple moving average of $26.99 and a 200 day simple moving average of $26.30.

Sensata Technologies (NYSE:ST - Get Free Report) last announced its earnings results on Thursday, May 8th. The scientific and technical instruments company reported $0.78 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.72 by $0.06. The business had revenue of $911.26 million during the quarter, compared to analyst estimates of $878.39 million. Sensata Technologies had a return on equity of 17.12% and a net margin of 3.19%. Sensata Technologies's revenue for the quarter was down 9.5% compared to the same quarter last year. During the same period last year, the company earned $0.89 EPS. Sell-side analysts expect that Sensata Technologies Holding N.V. will post 3.21 EPS for the current fiscal year.

Sensata Technologies Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, May 28th. Investors of record on Wednesday, May 14th were given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 1.52%. The ex-dividend date was Wednesday, May 14th. Sensata Technologies's dividend payout ratio is currently 59.26%.

Insider Transactions at Sensata Technologies

In other Sensata Technologies news, Director Andrew C. Teich purchased 9,925 shares of the firm's stock in a transaction on Friday, May 23rd. The stock was purchased at an average cost of $25.19 per share, for a total transaction of $250,010.75. Following the acquisition, the director owned 41,117 shares in the company, valued at approximately $1,035,737.23. The trade was a 31.82% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.89% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

ST has been the subject of several recent analyst reports. Wells Fargo & Company upped their target price on Sensata Technologies from $26.00 to $30.00 and gave the stock an "equal weight" rating in a research note on Tuesday, July 1st. Evercore ISI cut Sensata Technologies from an "outperform" rating to an "inline" rating and cut their target price for the stock from $40.00 to $27.00 in a research note on Thursday, April 3rd. UBS Group cut their target price on Sensata Technologies from $37.00 to $30.00 and set a "buy" rating for the company in a research note on Thursday, April 10th. JPMorgan Chase & Co. cut their target price on Sensata Technologies from $27.00 to $21.00 and set an "underweight" rating for the company in a research note on Thursday, April 17th. Finally, Robert W. Baird cut their target price on Sensata Technologies from $24.00 to $23.00 and set a "neutral" rating for the company in a research note on Tuesday, April 15th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $34.42.

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.