AQR Capital Management LLC Buys 216,668 Shares of Sensata Technologies Holding N.V. $ST

Key Points

• AQR Capital Management LLC increased its stake in Sensata Technologies by 69.8%, owning approximately 526,907 shares valued at $12.63 million as of the latest SEC filing.
• Several other institutional investors also significantly raised their positions in Sensata Technologies, with some like Brooklyn Investment Group increasing their stake by 1,575.0%.
• Recent analyst ratings show that Sensata Technologies has a consensus rating of "Hold" with an average price target of $34.64, while stock performance shows a slight decline, opening at $31.69.

AQR Capital Management LLC boosted its stake in shares of Sensata Technologies Holding N.V. (NYSE:ST - Free Report) by 69.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 526,907 shares of the scientific and technical instruments company's stock after purchasing an additional 216,668 shares during the quarter. AQR Capital Management LLC owned about 0.36% of Sensata Technologies worth $12,630,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. EP Wealth Advisors LLC bought a new position in Sensata Technologies during the first quarter worth $323,000. Maverick Capital Ltd. boosted its position in Sensata Technologies by 141.0% during the first quarter. Maverick Capital Ltd. now owns 21,258 shares of the scientific and technical instruments company's stock worth $516,000 after purchasing an additional 12,437 shares during the period. Quarry LP boosted its position in Sensata Technologies by 66.6% during the first quarter. Quarry LP now owns 11,024 shares of the scientific and technical instruments company's stock worth $268,000 after purchasing an additional 4,406 shares during the period. Magnetar Financial LLC bought a new position in Sensata Technologies during the first quarter worth $2,490,000. Finally, State of Wyoming boosted its position in Sensata Technologies by 115.1% during the first quarter. State of Wyoming now owns 3,796 shares of the scientific and technical instruments company's stock worth $92,000 after purchasing an additional 2,031 shares during the period. 99.42% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

ST has been the subject of a number of research analyst reports. JPMorgan Chase & Co. lifted their price objective on shares of Sensata Technologies from $23.00 to $32.00 and gave the stock an "underweight" rating in a research report on Thursday, July 17th. Truist Financial boosted their target price on shares of Sensata Technologies from $27.00 to $35.00 and gave the company a "hold" rating in a research report on Wednesday, July 30th. UBS Group boosted their target price on shares of Sensata Technologies from $41.00 to $43.00 and gave the company a "buy" rating in a research report on Wednesday, July 30th. Wall Street Zen raised shares of Sensata Technologies from a "hold" rating to a "buy" rating in a research report on Saturday, August 2nd. Finally, Bank of America boosted their target price on shares of Sensata Technologies from $27.00 to $32.00 and gave the company a "neutral" rating in a research report on Wednesday, July 16th. Four analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $34.64.

Sensata Technologies Price Performance

ST traded up $0.60 on Monday, hitting $31.86. 926,262 shares of the stock were exchanged, compared to its average volume of 1,196,136. Sensata Technologies Holding N.V. has a 12 month low of $17.32 and a 12 month high of $37.40. The business has a 50-day moving average of $31.77 and a two-hundred day moving average of $27.63. The company has a debt-to-equity ratio of 1.11, a current ratio of 2.71 and a quick ratio of 1.94. The firm has a market capitalization of $4.64 billion, a price-to-earnings ratio of 42.47, a PEG ratio of 1.23 and a beta of 1.13.

Sensata Technologies (NYSE:ST - Get Free Report) last posted its quarterly earnings data on Tuesday, July 29th. The scientific and technical instruments company reported $0.87 earnings per share for the quarter, topping the consensus estimate of $0.84 by $0.03. Sensata Technologies had a net margin of 2.97% and a return on equity of 16.88%. The business had revenue of $943.38 million during the quarter, compared to analysts' expectations of $928.25 million. During the same quarter in the prior year, the business posted $0.93 earnings per share. Sensata Technologies's revenue 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. Sell-side analysts forecast 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, August 27th. Stockholders of record on Wednesday, August 13th were issued a $0.12 dividend. The ex-dividend date of this dividend was Wednesday, August 13th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.5%. Sensata Technologies's dividend payout ratio is 64.00%.

Insider Activity at Sensata Technologies

In other news, EVP Lynne J. Caljouw sold 2,576 shares of the stock in a transaction dated Tuesday, September 9th. The shares were sold at an average price of $31.98, for a total value of $82,380.48. Following the completion of the transaction, the executive vice president owned 77,185 shares of the company's stock, valued at approximately $2,468,376.30. This represents a 3.23% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.89% of the company's stock.

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.