Allianz Asset Management GmbH Raises Position in Sensata Technologies Holding N.V. $ST

Key Points

• Allianz Asset Management GmbH increased its holdings in Sensata Technologies by 45.8% in Q2, owning 732,415 shares valued at approximately $22 million.
• Multiple hedge funds also expanded their positions in Sensata Technologies, with reported increases of up to 1,575% in some cases.
• Brokerages have revised their price targets for Sensata Technologies, with Bank of America raising its target to $32, indicating a growing interest in the stock.

Allianz Asset Management GmbH lifted its holdings in shares of Sensata Technologies Holding N.V. (NYSE:ST - Free Report) by 45.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 732,415 shares of the scientific and technical instruments company's stock after buying an additional 230,157 shares during the quarter. Allianz Asset Management GmbH owned about 0.50% of Sensata Technologies worth $22,053,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Sensata Technologies by 61.4% during the first 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. Signaturefd LLC lifted its position in Sensata Technologies by 515.5% in the first quarter. Signaturefd LLC now owns 1,114 shares of the scientific and technical instruments company's stock valued at $27,000 after purchasing an additional 933 shares during the last quarter. National Bank of Canada FI bought a new stake in Sensata Technologies in the 1st quarter worth $27,000. Brooklyn Investment Group lifted its holdings in Sensata Technologies by 1,575.0% in the 1st quarter. Brooklyn Investment Group now owns 1,273 shares of the scientific and technical instruments company's stock worth $31,000 after buying an additional 1,197 shares during the period. Finally, First Horizon Advisors Inc. increased its position in Sensata Technologies by 83.6% during the 1st quarter. First Horizon Advisors Inc. now owns 2,554 shares of the scientific and technical instruments company's stock valued at $62,000 after purchasing an additional 1,163 shares during the period. Hedge funds and other institutional investors own 99.42% of the company's stock.

Analyst Ratings Changes

Several brokerages recently issued reports on ST. Evercore ISI increased their price target on shares of Sensata Technologies from $27.00 to $30.00 and gave the stock an "in-line" rating in a research note on Wednesday, July 30th. Weiss Ratings reissued a "hold (c-)" rating on shares of Sensata Technologies in a report on Wednesday, October 8th. Bank of America raised their target price on Sensata Technologies from $27.00 to $32.00 and gave the stock a "neutral" rating in a research report on Wednesday, July 16th. Truist Financial raised their target price on Sensata Technologies from $27.00 to $35.00 and gave the stock a "hold" rating in a report on Wednesday, July 30th. Finally, Wall Street Zen upgraded shares of Sensata Technologies from a "hold" rating to a "buy" rating in a research report on Saturday, August 2nd. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $36.50.

Sensata Technologies Stock Down 1.8%

Shares of Sensata Technologies stock opened at $31.25 on Monday. The stock has a market cap of $4.55 billion, a price-to-earnings ratio of 41.66, a PEG ratio of 1.22 and a beta of 1.15. The firm's 50-day moving average is $31.55 and its two-hundred day moving average is $28.35. The company has a debt-to-equity ratio of 1.11, a current ratio of 2.71 and a quick ratio of 1.94. Sensata Technologies Holding N.V. has a 1 year low of $17.32 and a 1 year high of $36.33.

Sensata Technologies (NYSE:ST - Get Free Report) last issued its quarterly earnings data on Tuesday, July 29th. The scientific and technical instruments company reported $0.87 EPS for the quarter, beating the consensus estimate of $0.84 by $0.03. Sensata Technologies had a return on equity of 16.88% and a net margin of 2.97%.The firm had revenue of $943.38 million during the quarter, compared to analyst estimates of $928.25 million. During the same quarter in the prior year, the business posted $0.93 EPS. The business's revenue for the quarter was down 8.9% compared to the same quarter last year. Sensata Technologies has set its Q3 2025 guidance at 0.810-0.87 EPS. As a group, research analysts expect that Sensata Technologies Holding N.V. will post 3.21 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Sensata Technologies news, EVP Lynne J. Caljouw sold 2,576 shares of the business's stock in a transaction that occurred on Tuesday, September 9th. The stock was sold at an average price of $31.98, for a total transaction of $82,380.48. Following the completion of the sale, the executive vice president directly owned 77,185 shares in the company, valued at approximately $2,468,376.30. The trade was a 3.23% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.89% of the company's stock.

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.

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