Brown Advisory Inc. Acquires 42,423 Shares of Sensata Technologies Holding N.V. (NYSE:ST)

Brown Advisory Inc. increased its stake in Sensata Technologies Holding N.V. (NYSE:ST - Free Report) by 3.1% in the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 1,396,402 shares of the scientific and technical instruments company's stock after purchasing an additional 42,423 shares during the quarter. Brown Advisory Inc. owned approximately 0.93% of Sensata Technologies worth $33,891,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Janus Henderson Group PLC increased its stake in shares of Sensata Technologies by 0.5% in the fourth quarter. Janus Henderson Group PLC now owns 9,767,232 shares of the scientific and technical instruments company's stock worth $267,621,000 after purchasing an additional 44,233 shares during the period. Price T Rowe Associates Inc. MD grew its holdings in Sensata Technologies by 36.4% in 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 buying an additional 2,088,161 shares during the last quarter. Boston Partners increased its position in Sensata Technologies by 11.6% in the 4th quarter. Boston Partners now owns 6,526,941 shares of the scientific and technical instruments company's stock worth $179,087,000 after buying an additional 677,316 shares during the period. Dimensional Fund Advisors LP lifted its holdings in shares of Sensata Technologies by 12.6% during the fourth quarter. Dimensional Fund Advisors LP now owns 5,808,186 shares of the scientific and technical instruments company's stock worth $159,143,000 after buying an additional 648,028 shares during the last quarter. Finally, Fuller & Thaler Asset Management Inc. lifted its holdings in shares of Sensata Technologies by 96.8% during the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 5,260,870 shares of the scientific and technical instruments company's stock worth $144,148,000 after buying an additional 2,587,183 shares during the last quarter. 99.42% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on ST shares. Wall Street Zen downgraded shares of Sensata Technologies from a "buy" rating to a "hold" rating in a research note on Sunday, June 1st. Wells Fargo & Company raised their price target on shares of Sensata Technologies from $26.00 to $30.00 and gave the stock an "equal weight" rating in a research report on Tuesday, July 1st. Robert W. Baird dropped their price objective 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. Evercore ISI cut shares of Sensata Technologies from an "outperform" rating to an "inline" rating and reduced their target price for the company from $40.00 to $27.00 in a research note on Thursday, April 3rd. Finally, UBS Group decreased their target price on Sensata Technologies from $37.00 to $30.00 and set a "buy" rating on the stock in a research report on Thursday, April 10th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $34.42.

Sensata Technologies Price Performance

NYSE ST traded down $0.25 on Friday, reaching $32.09. The company's stock had a trading volume of 1,917,445 shares, compared to its average volume of 1,662,663. Sensata Technologies Holding N.V. has a 52 week low of $17.32 and a 52 week high of $42.33. The company has a current ratio of 2.64, a quick ratio of 1.81 and a debt-to-equity ratio of 1.12. The firm has a market cap of $4.69 billion, a PE ratio of 39.61, a price-to-earnings-growth ratio of 1.40 and a beta of 1.13. The business has a 50-day moving average price of $27.83 and a 200 day moving average price of $26.44.

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

Sensata Technologies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, May 28th. Stockholders of record on Wednesday, May 14th were issued a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 1.50%. The ex-dividend date was Wednesday, May 14th. Sensata Technologies's payout ratio is 59.26%.

Insider Activity

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

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.