Harbor Capital Advisors Inc. Sells 68,906 Shares of Sensata Technologies Holding N.V. $ST

Key Points

• Harbor Capital Advisors Inc. reduced its stake in Sensata Technologies by 21.4%, holding approximately $7.64 million in shares following a sale of 68,906 shares in the second quarter.
• Institutional investors collectively own 99.42% of Sensata Technologies' stock, with several hedge funds recently increasing their holdings significantly.
• Analysts have varied opinions on Sensata Technologies, with four rating it as a Buy, six as Hold, and one as Sell, while the stock has an average price target of $34.64.

Harbor Capital Advisors Inc. reduced its holdings in Sensata Technologies Holding N.V. (NYSE:ST - Free Report) by 21.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 253,558 shares of the scientific and technical instruments company's stock after selling 68,906 shares during the quarter. Harbor Capital Advisors Inc. owned 0.17% of Sensata Technologies worth $7,635,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Price T Rowe Associates Inc. MD grew its holdings in shares of Sensata Technologies by 14.6% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 8,964,077 shares of the scientific and technical instruments company's stock worth $217,559,000 after acquiring an additional 1,142,649 shares during the last quarter. Woodline Partners LP boosted its position 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 purchasing an additional 898,835 shares during the period. Dimensional Fund Advisors LP increased its stake in Sensata Technologies by 14.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 6,639,888 shares of the scientific and technical instruments company's stock worth $161,152,000 after purchasing an additional 831,702 shares in the last quarter. Victory Capital Management Inc. raised its holdings in Sensata Technologies by 24.7% during the 1st quarter. Victory Capital Management Inc. now owns 2,782,600 shares of the scientific and technical instruments company's stock worth $67,534,000 after buying an additional 551,231 shares during the period. Finally, Invenomic Capital Management LP raised its holdings in Sensata Technologies by 51.7% during the 1st quarter. Invenomic Capital Management LP now owns 1,584,088 shares of the scientific and technical instruments company's stock worth $38,446,000 after buying an additional 539,908 shares during the period. Institutional investors and hedge funds own 99.42% of the company's stock.

Wall Street Analyst Weigh In

ST has been the topic of several research analyst reports. Wells Fargo & Company lifted their price objective on shares of Sensata Technologies from $30.00 to $33.00 and gave the stock an "equal weight" rating in a research report on Wednesday, July 30th. Evercore ISI increased their price objective on Sensata Technologies from $27.00 to $30.00 and gave the stock an "in-line" rating in a research note 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. UBS Group lifted their price target on Sensata Technologies from $41.00 to $43.00 and gave the company a "buy" rating in a report on Wednesday, July 30th. Finally, JPMorgan Chase & Co. increased their price objective on Sensata Technologies from $23.00 to $32.00 and gave the stock an "underweight" rating in a report on Thursday, July 17th. Four equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Sensata Technologies has an average rating of "Hold" and an average price target of $34.64.

Sensata Technologies Price Performance

Shares of ST traded down $0.55 on Friday, hitting $31.30. The company's stock had a trading volume of 2,816,386 shares, compared to its average volume of 1,213,435. The company has a 50 day moving average price of $31.72 and a 200 day moving average price of $27.75. Sensata Technologies Holding N.V. has a fifty-two week low of $17.32 and a fifty-two week high of $37.40. The company has a market capitalization of $4.56 billion, a PE ratio of 41.73, a PEG ratio of 1.25 and a beta of 1.13. The company has a debt-to-equity ratio of 1.11, a current ratio of 2.71 and a quick ratio of 1.94.

Sensata Technologies (NYSE:ST - Get Free Report) last announced its earnings results on Tuesday, July 29th. The scientific and technical instruments company reported $0.87 earnings per share for the quarter, topping analysts' consensus estimates of $0.84 by $0.03. Sensata Technologies had a net margin of 2.97% and a return on equity of 16.88%. The company had revenue of $943.38 million during the quarter, compared to the consensus estimate of $928.25 million. During the same period in the previous year, the firm posted $0.93 earnings per share. The company's revenue was down 8.9% on a year-over-year basis. Sensata Technologies has set its Q3 2025 guidance at 0.810-0.87 EPS. On average, research 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 company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 27th. Investors of record on Wednesday, August 13th were given a $0.12 dividend. The ex-dividend date 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 currently 64.00%.

Insider Activity

In other news, EVP Lynne J. Caljouw sold 2,576 shares of the business's stock in a transaction dated Tuesday, September 9th. The stock was sold at an average price of $31.98, for a total value 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. The trade was a 3.23% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 0.89% of the stock is owned by corporate 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.