Sensata Technologies Holding plc (NYSE:ST) Shares Bought by Mackenzie Financial Corp

Mackenzie Financial Corp grew its stake in shares of Sensata Technologies Holding plc (NYSE:ST - Free Report) by 1.5% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 1,217,602 shares of the scientific and technical instruments company's stock after acquiring an additional 17,575 shares during the quarter. Mackenzie Financial Corp owned about 0.81% of Sensata Technologies worth $33,362,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of ST. Blue Trust Inc. boosted its holdings in Sensata Technologies by 738.7% in the fourth quarter. Blue Trust Inc. now owns 931 shares of the scientific and technical instruments company's stock worth $26,000 after acquiring an additional 820 shares in the last quarter. Brown Brothers Harriman & Co. bought a new stake in Sensata Technologies during the fourth quarter valued at $27,000. Venturi Wealth Management LLC lifted its stake in Sensata Technologies by 67.6% during the fourth quarter. Venturi Wealth Management LLC now owns 2,026 shares of the scientific and technical instruments company's stock worth $56,000 after purchasing an additional 817 shares during the last quarter. Parkside Financial Bank & Trust lifted its stake in shares of Sensata Technologies by 48.2% in the 4th quarter. Parkside Financial Bank & Trust now owns 2,523 shares of the scientific and technical instruments company's stock valued at $69,000 after acquiring an additional 820 shares during the last quarter. Finally, Headlands Technologies LLC grew its holdings in shares of Sensata Technologies by 524.8% during the 4th quarter. Headlands Technologies LLC now owns 2,768 shares of the scientific and technical instruments company's stock worth $76,000 after acquiring an additional 2,325 shares during the period. 99.42% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research firms have recently weighed in on ST. Wall Street Zen raised Sensata Technologies from a "hold" rating to a "buy" rating in a report on Saturday. The Goldman Sachs Group lifted their price target on Sensata Technologies from $27.00 to $30.00 and gave the company a "buy" rating in a report on Friday, May 9th. Evercore ISI downgraded shares of Sensata Technologies from an "outperform" rating to an "inline" rating and dropped their target price for the stock from $40.00 to $27.00 in a research report on Thursday, April 3rd. Wells Fargo & Company boosted their target price on shares of Sensata Technologies from $23.00 to $26.00 and gave the company an "equal weight" rating in a research note on Monday, May 19th. Finally, Robert W. Baird dropped their target price on shares of Sensata Technologies from $24.00 to $23.00 and set a "neutral" rating for the company in a report on Tuesday, April 15th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and six have given a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $34.08.

Insiders Place Their Bets

In other Sensata Technologies news, Director Andrew C. Teich purchased 9,925 shares of the company's stock in a transaction on Friday, May 23rd. The stock was acquired at an average price of $25.19 per share, for a total transaction of $250,010.75. Following the completion of the purchase, the director now directly owns 41,117 shares in the company, valued at approximately $1,035,737.23. The trade was a 31.82% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.89% of the company's stock.

Sensata Technologies Stock Up 0.5%

Shares of ST stock traded up $0.12 during trading hours on Wednesday, hitting $26.32. 2,143,973 shares of the company's stock traded hands, compared to its average volume of 1,711,565. The stock has a market cap of $3.85 billion, a price-to-earnings ratio of 31.34, a PEG ratio of 1.25 and a beta of 1.02. The company has a quick ratio of 1.99, a current ratio of 2.85 and a debt-to-equity ratio of 1.11. The stock's fifty day simple moving average is $22.96 and its two-hundred day simple moving average is $26.84. Sensata Technologies Holding plc has a 12-month low of $17.32 and a 12-month high of $42.33.

Sensata Technologies (NYSE:ST - Get Free Report) last released its quarterly earnings results on Thursday, May 8th. The scientific and technical instruments company reported $0.78 EPS for the quarter, topping the consensus estimate of $0.72 by $0.06. Sensata Technologies had a return on equity of 17.54% and a net margin of 3.27%. The company had revenue of $911.26 million during the quarter, compared to analyst estimates of $878.39 million. During the same quarter last year, the business posted $0.89 earnings per share. The firm's revenue was down 9.5% on a year-over-year basis. On average, analysts expect that Sensata Technologies Holding plc will post 3.21 EPS for the current year.

Sensata Technologies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, May 28th. Investors of record on Wednesday, May 14th will be paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 1.82%. The ex-dividend date is Wednesday, May 14th. Sensata Technologies's dividend payout ratio is presently 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.