Aristeia Capital L.L.C. Makes New Investment in Sensata Technologies Holding N.V. $ST

Key Points

• Aristeia Capital L.L.C. has taken a new position in Sensata Technologies Holding N.V. by acquiring 9,421 shares valued at approximately $229,000.
• Multiple institutional investors have significantly increased their stakes in Sensata Technologies, with notable increases from firms like Brooklyn Investment Group and Signaturefd LLC.
• Sensata Technologies reported a quarterly EPS of $0.87, exceeding analysts' expectations of $0.84, despite a year-over-year revenue decline of 8.9%.

Aristeia Capital L.L.C. acquired a new position in shares of Sensata Technologies Holding N.V. (NYSE:ST - Free Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 9,421 shares of the scientific and technical instruments company's stock, valued at approximately $229,000.

A number of other large investors have also modified their holdings of the company. Northwestern Mutual Wealth Management Co. raised its position in Sensata Technologies by 61.4% in the 1st 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 during the last quarter. Alps Advisors Inc. raised its position in shares of Sensata Technologies by 1.8% during the first quarter. Alps Advisors Inc. now owns 31,389 shares of the scientific and technical instruments company's stock worth $762,000 after acquiring an additional 566 shares during the last quarter. NorthCrest Asset Manangement LLC lifted its stake in shares of Sensata Technologies by 6.1% during the first quarter. NorthCrest Asset Manangement LLC now owns 13,724 shares of the scientific and technical instruments company's stock valued at $333,000 after acquiring an additional 790 shares during the period. Assetmark Inc. boosted its holdings in Sensata Technologies by 29.4% in the first quarter. Assetmark Inc. now owns 3,543 shares of the scientific and technical instruments company's stock valued at $86,000 after acquiring an additional 806 shares during the last quarter. Finally, Signaturefd LLC increased 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 worth $27,000 after purchasing an additional 933 shares during the period. 99.42% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Sensata Technologies

In related news, EVP Lynne J. Caljouw sold 2,576 shares of the firm's stock in a transaction on Tuesday, September 9th. The shares were sold at an average price of $31.98, for a total transaction of $82,380.48. Following the sale, the executive vice president directly owned 77,185 shares in the company, valued at $2,468,376.30. This trade represents a 3.23% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.89% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

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

Sensata Technologies Trading Down 2.8%

ST stock traded down $0.90 during midday trading on Friday, hitting $31.30. 1,358,128 shares of the company's stock were exchanged, compared to its average volume of 1,183,123. Sensata Technologies Holding N.V. has a one year low of $17.32 and a one year high of $37.40. The stock's fifty day moving average price is $31.77 and its 200-day moving average price is $27.62. The company has a market cap of $4.56 billion, a PE ratio of 41.73, a price-to-earnings-growth ratio of 1.26 and a beta of 1.13. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.94 and a current ratio of 2.71.

Sensata Technologies (NYSE:ST - Get Free Report) last released its quarterly earnings results on Tuesday, July 29th. The scientific and technical instruments company reported $0.87 EPS for the quarter, topping analysts' consensus estimates of $0.84 by $0.03. Sensata Technologies had a return on equity of 16.88% and a net margin of 2.97%.The company had revenue of $943.38 million for the quarter, compared to analyst estimates of $928.25 million. During the same quarter last year, the firm 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. Research analysts predict that Sensata Technologies Holding N.V. will post 3.21 earnings per share for the current fiscal year.

Sensata Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 27th. Stockholders of record on Wednesday, August 13th were given a dividend of $0.12 per share. The ex-dividend date of this dividend was Wednesday, August 13th. This represents a $0.48 annualized dividend and a dividend yield of 1.5%. Sensata Technologies's dividend payout ratio is currently 64.00%.

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.