Sensata Technologies Holding N.V. (NYSE:ST) Position Raised by Brown Advisory Inc.

Brown Advisory Inc. lifted its stake in Sensata Technologies Holding N.V. (NYSE:ST - Free Report) by 3.1% in the first quarter, according to the company in its most recent 13F filing with the SEC. The firm 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 about 0.93% of Sensata Technologies worth $33,891,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Norges Bank bought a new stake in Sensata Technologies during the 4th quarter valued at $48,580,000. Invesco Ltd. increased its holdings in shares of Sensata Technologies by 19.4% in the 4th quarter. Invesco Ltd. now owns 326,180 shares of the scientific and technical instruments company's stock valued at $8,937,000 after acquiring an additional 53,034 shares during the period. Farther Finance Advisors LLC increased its holdings in shares of Sensata Technologies by 122.8% in the 1st quarter. Farther Finance Advisors LLC now owns 4,254 shares of the scientific and technical instruments company's stock valued at $103,000 after acquiring an additional 2,345 shares during the period. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Sensata Technologies by 235.5% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 37,395 shares of the scientific and technical instruments company's stock valued at $908,000 after acquiring an additional 26,249 shares during the period. Finally, Summit Trail Advisors LLC purchased a new position in shares of Sensata Technologies in the 1st quarter valued at $1,130,000. Hedge funds and other institutional investors own 99.42% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the company. Wall Street Zen downgraded Sensata Technologies from a "buy" rating to a "hold" rating in a research note on Sunday, June 1st. UBS Group reduced their target price on Sensata Technologies from $37.00 to $30.00 and set a "buy" rating for the company in a report on Thursday, April 10th. Evercore ISI lowered Sensata Technologies from an "outperform" rating to an "inline" rating and lowered their price objective for the stock from $40.00 to $27.00 in a research report on Thursday, April 3rd. Robert W. Baird decreased their price target on Sensata Technologies from $24.00 to $23.00 and set a "neutral" rating on the stock in a research note on Tuesday, April 15th. Finally, The Goldman Sachs Group upped their price target on Sensata Technologies from $27.00 to $30.00 and gave the stock a "buy" rating in a research note on Friday, May 9th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and five have issued a buy rating to the company. According to MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $34.42.

Sensata Technologies Trading Down 0.9%

NYSE ST traded down $0.29 during mid-day trading on Friday, hitting $32.05. The company's stock had a trading volume of 442,963 shares, compared to its average volume of 1,659,486. Sensata Technologies Holding N.V. has a 52-week low of $17.32 and a 52-week high of $42.33. The stock's fifty day simple moving average is $27.63 and its two-hundred day simple moving average is $26.41. The company has a debt-to-equity ratio of 1.12, a current ratio of 2.64 and a quick ratio of 1.81. The firm has a market capitalization of $4.69 billion, a P/E ratio of 39.52, a price-to-earnings-growth ratio of 1.39 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, beating the consensus estimate of $0.72 by $0.06. Sensata Technologies had a net margin of 3.19% and a return on equity of 17.12%. The firm had revenue of $911.26 million for the quarter, compared to analyst estimates of $878.39 million. During the same quarter last year, the firm posted $0.89 earnings per share. Sensata Technologies's revenue for the quarter was down 9.5% compared to the same quarter last year. Research analysts expect that Sensata Technologies Holding N.V. will post 3.21 EPS for the current year.

Sensata Technologies Announces Dividend

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

Insider Buying and Selling at Sensata Technologies

In other Sensata Technologies news, Director Andrew C. Teich acquired 9,925 shares of the firm's stock in a transaction on Friday, May 23rd. The stock was purchased at an average price of $25.19 per share, with a total value of $250,010.75. Following the completion of the acquisition, the director directly owned 41,117 shares in the company, valued at $1,035,737.23. This trade represents a 31.82% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 0.89% of the company's stock.

About Sensata Technologies

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.