Illinois Municipal Retirement Fund Raises Stock Position in Sensata Technologies Holding N.V. (NYSE:ST)

Illinois Municipal Retirement Fund raised its holdings in shares of Sensata Technologies Holding N.V. (NYSE:ST - Free Report) by 27.4% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 73,371 shares of the scientific and technical instruments company's stock after acquiring an additional 15,772 shares during the quarter. Illinois Municipal Retirement Fund's holdings in Sensata Technologies were worth $1,781,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the stock. Janus Henderson Group PLC grew its stake in Sensata Technologies by 0.5% during the fourth quarter. Janus Henderson Group PLC now owns 9,767,232 shares of the scientific and technical instruments company's stock valued at $267,621,000 after acquiring an additional 44,233 shares in the last quarter. Price T Rowe Associates Inc. MD grew its position in shares of Sensata Technologies by 36.4% during 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 purchasing an additional 2,088,161 shares in the last quarter. Boston Partners increased its holdings in shares of Sensata Technologies by 11.6% in the fourth quarter. Boston Partners now owns 6,526,941 shares of the scientific and technical instruments company's stock worth $179,087,000 after purchasing an additional 677,316 shares during the period. Dimensional Fund Advisors LP raised its position in shares of Sensata Technologies by 12.6% in 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 in the last quarter. Finally, Fuller & Thaler Asset Management Inc. boosted its stake in 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 valued at $144,148,000 after buying an additional 2,587,183 shares during the period. Hedge funds and other institutional investors own 99.42% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have weighed in on ST shares. UBS Group lowered their price target on Sensata Technologies from $37.00 to $30.00 and set a "buy" rating on the stock in a report on Thursday, April 10th. Evercore ISI downgraded shares of Sensata Technologies from an "outperform" rating to an "inline" rating and lowered their target price for the company from $40.00 to $27.00 in a research note on Thursday, April 3rd. Wells Fargo & Company boosted 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 note on Tuesday. Wall Street Zen cut shares of Sensata Technologies from a "buy" rating to a "hold" rating in a research report on Sunday, June 1st. Finally, The Goldman Sachs Group upped their target price on shares of Sensata Technologies from $27.00 to $30.00 and gave the stock a "buy" rating in a research report on Friday, May 9th. One equities 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 company. According to MarketBeat, the company presently has an average rating of "Hold" and an average price target of $34.42.

Sensata Technologies Trading Up 0.4%

NYSE ST traded up $0.14 during trading on Friday, hitting $32.20. 914,125 shares of the company's stock traded hands, compared to its average volume of 1,672,189. The stock has a fifty day moving average of $26.56 and a two-hundred day moving average of $26.27. Sensata Technologies Holding N.V. has a 12-month low of $17.32 and a 12-month high of $42.33. The firm has a market cap of $4.71 billion, a P/E ratio of 39.75, a PEG ratio of 1.39 and a beta of 1.13. The company has a debt-to-equity ratio of 1.12, a current ratio of 2.64 and a quick ratio of 1.81.

Sensata Technologies (NYSE:ST - Get Free Report) last issued its earnings results 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. The company had revenue of $911.26 million during the quarter, compared to analysts' expectations of $878.39 million. Sensata Technologies had a return on equity of 17.12% and a net margin of 3.19%. Sensata Technologies's quarterly revenue was down 9.5% compared to the same quarter last year. During the same period in the prior year, the business posted $0.89 EPS. As a group, 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. Investors of record on Wednesday, May 14th were paid a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 1.49%. The ex-dividend date was Wednesday, May 14th. Sensata Technologies's payout ratio is 59.26%.

Insider Buying and Selling

In other news, Director Andrew C. Teich acquired 9,925 shares of the firm's stock in a transaction on Friday, May 23rd. The shares were purchased at an average price 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 of the company's stock, valued at $1,035,737.23. The trade was a 31.82% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.89% of the stock is owned by corporate insiders.

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.