Sensata Technologies Holding N.V. (NYSE:ST) Shares Purchased by Heartland Advisors Inc.

Key Points

• Heartland Advisors Inc. increased its holdings in Sensata Technologies by 114.7%, acquiring an additional 57,325 shares to own a total of 107,325 shares worth approximately $2.61 million.
• Sensata Technologies reported a quarterly earnings per share of $0.78, exceeding analysts' estimates of $0.72, although revenue decreased by 9.5% year-over-year.
• The company announced a quarterly dividend of $0.12 per share, representing a 1.46% dividend yield with a payout ratio of 59.26%.

Heartland Advisors Inc. boosted its holdings in Sensata Technologies Holding N.V. (NYSE:ST - Free Report) by 114.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 107,325 shares of the scientific and technical instruments company's stock after purchasing an additional 57,325 shares during the period. Heartland Advisors Inc. owned about 0.07% of Sensata Technologies worth $2,605,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Brown Brothers Harriman & Co. purchased a new position in Sensata Technologies in the 4th quarter worth $27,000. Signaturefd LLC raised its holdings in shares of Sensata Technologies by 515.5% during the first quarter. Signaturefd LLC now owns 1,114 shares of the scientific and technical instruments company's stock valued at $27,000 after acquiring an additional 933 shares in the last quarter. Parallel Advisors LLC boosted its stake in shares of Sensata Technologies by 278.8% during the 1st quarter. Parallel Advisors LLC now owns 1,519 shares of the scientific and technical instruments company's stock valued at $37,000 after purchasing an additional 1,118 shares in the last quarter. UMB Bank n.a. boosted its stake in shares of Sensata Technologies by 110.0% during the 1st quarter. UMB Bank n.a. now owns 1,873 shares of the scientific and technical instruments company's stock valued at $45,000 after purchasing an additional 981 shares in the last quarter. Finally, First Horizon Advisors Inc. boosted its stake in Sensata Technologies by 83.6% during the first quarter. First Horizon Advisors Inc. now owns 2,554 shares of the scientific and technical instruments company's stock worth $62,000 after acquiring an additional 1,163 shares in the last quarter. 99.42% of the stock is owned by institutional investors.

Insider Activity

In other Sensata Technologies news, Director Andrew C. Teich bought 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 purchase, the director owned 41,117 shares in the company, valued at $1,035,737.23. This represents a 31.82% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Insiders own 0.89% of the company's stock.

Analyst Ratings Changes

ST has been the topic of a number of research analyst reports. Bank of America increased their price objective on shares of Sensata Technologies from $27.00 to $32.00 and gave the company a "neutral" rating in a research report on Wednesday, July 16th. The Goldman Sachs Group raised their price objective on Sensata Technologies from $27.00 to $30.00 and gave the company a "buy" rating in a research report on Friday, May 9th. Wells Fargo & Company lifted their price objective on shares of Sensata Technologies from $26.00 to $30.00 and gave the stock an "equal weight" rating in a research note on Tuesday, July 1st. Wall Street Zen lowered shares of Sensata Technologies from a "buy" rating to a "hold" rating in a report on Sunday, June 1st. Finally, JPMorgan Chase & Co. lifted 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. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, Sensata Technologies presently has an average rating of "Hold" and a consensus price target of $33.73.

Sensata Technologies Stock Up 0.4%

Shares of NYSE ST traded up $0.14 during mid-day trading on Monday, reaching $32.89. The company had a trading volume of 1,737,057 shares, compared to its average volume of 1,767,070. The firm has a 50 day simple moving average of $29.18 and a two-hundred day simple moving average of $26.72. The company has a current ratio of 2.64, a quick ratio of 1.81 and a debt-to-equity ratio of 1.12. Sensata Technologies Holding N.V. has a 52-week low of $17.32 and a 52-week high of $39.46. The stock has a market cap of $4.81 billion, a P/E ratio of 40.61, a PEG ratio of 1.37 and a beta of 1.13.

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

Sensata Technologies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, August 27th. Shareholders of record on Wednesday, August 13th will be issued a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 1.46%. The ex-dividend date of this dividend is Wednesday, August 13th. Sensata Technologies's dividend payout ratio (DPR) is 59.26%.

Sensata Technologies Company 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.