Brown Advisory Inc. Increases Holdings in Sensata Technologies Holding N.V. (NYSE:ST)

Brown Advisory Inc. increased its stake in shares of Sensata Technologies Holding N.V. (NYSE:ST - Free Report) by 3.1% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,396,402 shares of the scientific and technical instruments company's stock after buying an additional 42,423 shares during the quarter. Brown Advisory Inc. owned about 0.93% of Sensata Technologies worth $33,891,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in ST. Fuller & Thaler Asset Management Inc. lifted its stake in shares of Sensata Technologies by 96.8% in the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 5,260,870 shares of the scientific and technical instruments company's stock valued at $144,148,000 after acquiring an additional 2,587,183 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its stake in shares of 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 acquiring an additional 2,088,161 shares during the last quarter. Norges Bank bought a new position in shares of Sensata Technologies in the 4th quarter valued at $48,580,000. Woodline Partners LP lifted its stake in shares of Sensata Technologies by 65.2% in the 4th quarter. Woodline Partners LP now owns 2,277,826 shares of the scientific and technical instruments company's stock valued at $62,412,000 after acquiring an additional 898,835 shares during the last quarter. Finally, Eminence Capital LP lifted its stake in shares of Sensata Technologies by 25.2% in the 4th quarter. Eminence Capital LP now owns 4,318,718 shares of the scientific and technical instruments company's stock valued at $118,333,000 after acquiring an additional 870,419 shares during the last quarter. Institutional investors and hedge funds own 99.42% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the company. Wells Fargo & Company raised their target price on Sensata Technologies from $26.00 to $30.00 and gave the stock an "equal weight" rating in a research report on Tuesday, July 1st. Evercore ISI lowered Sensata Technologies from an "outperform" rating to an "inline" rating and lowered their target price for the stock from $40.00 to $27.00 in a research report on Thursday, April 3rd. JPMorgan Chase & Co. decreased their price target on Sensata Technologies from $27.00 to $21.00 and set an "underweight" rating for the company in a report on Thursday, April 17th. UBS Group decreased their price target on Sensata Technologies from $37.00 to $30.00 and set a "buy" rating for the company in a report on Thursday, April 10th. Finally, Wall Street Zen downgraded Sensata Technologies from a "buy" rating to a "hold" rating in a report on Sunday, June 1st. One research analyst has rated the stock with a sell rating, seven have given a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $34.42.

Insider Activity

In related news, Director Andrew C. Teich purchased 9,925 shares of Sensata Technologies stock in a transaction dated Friday, May 23rd. The stock was bought 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 owned 41,117 shares in the company, valued at $1,035,737.23. This trade represents a 31.82% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 0.89% of the stock is currently owned by corporate insiders.

Sensata Technologies Stock Performance

Shares of Sensata Technologies stock traded down $0.25 during mid-day trading on Friday, hitting $32.09. 1,917,445 shares of the stock were exchanged, compared to its average volume of 1,659,393. Sensata Technologies Holding N.V. has a 12 month low of $17.32 and a 12 month high of $42.33. The company has a 50-day simple moving average of $27.83 and a 200 day simple moving average of $26.44. The company has a debt-to-equity ratio of 1.12, a quick ratio of 1.81 and a current ratio of 2.64. The company has a market capitalization of $4.69 billion, a P/E ratio of 39.61, a P/E/G ratio of 1.38 and a beta of 1.13.

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

Sensata Technologies Announces Dividend

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

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.