Magnetar Financial LLC Purchases Shares of 102,603 Sensata Technologies Holding N.V. $ST

Key Points

• Magnetar Financial LLC has acquired a new position in Sensata Technologies, purchasing 102,603 shares valued at approximately $2.49 million, representing about 0.07% ownership by the end of the quarter.
• Various institutional investors have increased their stakes in Sensata Technologies, with notable increases such as Crossmark Global Holdings lifting their holdings by 184.8% during the same period.
• Analysts have raised the price targets for Sensata Technologies, with Bank of America setting a new target of $32.00 and other firms also adjusting their ratings to "buy" or increasing their price objectives.

Magnetar Financial LLC purchased a new stake in shares of Sensata Technologies Holding N.V. (NYSE:ST - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 102,603 shares of the scientific and technical instruments company's stock, valued at approximately $2,490,000. Magnetar Financial LLC owned 0.07% of Sensata Technologies at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the company. State of Wyoming grew its position in Sensata Technologies by 115.1% during the first quarter. State of Wyoming now owns 3,796 shares of the scientific and technical instruments company's stock valued at $92,000 after acquiring an additional 2,031 shares during the period. Trexquant Investment LP purchased a new stake in Sensata Technologies during the first quarter valued at about $5,671,000. Eisler Capital Management Ltd. purchased a new stake in Sensata Technologies during the first quarter valued at about $229,000. Schwerin Boyle Capital Management Inc. grew its position in Sensata Technologies by 75.3% during the first quarter. Schwerin Boyle Capital Management Inc. now owns 798,250 shares of the scientific and technical instruments company's stock valued at $19,374,000 after acquiring an additional 342,850 shares during the period. Finally, Hotchkis & Wiley Capital Management LLC purchased a new stake in Sensata Technologies during the first quarter valued at about $12,141,000. Hedge funds and other institutional investors own 99.42% of the company's stock.

Sensata Technologies Stock Down 0.6%

NYSE ST traded down $0.21 on Wednesday, hitting $31.78. 572,939 shares of the stock traded hands, compared to its average volume of 1,737,954. The stock has a 50-day moving average of $31.61 and a 200 day moving average of $27.50. Sensata Technologies Holding N.V. has a twelve month low of $17.32 and a twelve month high of $37.40. The company has a market capitalization of $4.63 billion, a P/E ratio of 42.38, a price-to-earnings-growth ratio of 1.28 and a beta of 1.13. The company has a current ratio of 2.71, a quick ratio of 1.94 and a debt-to-equity ratio of 1.11.

Sensata Technologies (NYSE:ST - Get Free Report) last announced its quarterly earnings data on Tuesday, July 29th. The scientific and technical instruments company reported $0.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.84 by $0.03. Sensata Technologies had a return on equity of 16.88% and a net margin of 2.97%.The firm had revenue of $943.38 million for the quarter, compared to analysts' expectations of $928.25 million. During the same quarter in the prior year, the firm posted $0.93 earnings per share. Sensata Technologies's revenue for the quarter was down 8.9% compared to the same quarter last year. Sensata Technologies has set its Q3 2025 guidance at 0.810-0.87 EPS. As a group, analysts expect that Sensata Technologies Holding N.V. will post 3.21 earnings per share for the current fiscal year.

Sensata Technologies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, August 27th. Investors of record on Wednesday, August 13th were issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend was Wednesday, August 13th. Sensata Technologies's dividend payout ratio is 64.00%.

Analyst Upgrades and Downgrades

A number of research analysts have commented on ST shares. Wall Street Zen upgraded Sensata Technologies from a "hold" rating to a "buy" rating in a research note on Saturday, August 2nd. Wells Fargo & Company boosted their price objective on Sensata Technologies from $30.00 to $33.00 and gave the stock an "equal weight" rating in a research note on Wednesday, July 30th. The Goldman Sachs Group boosted their price objective on Sensata Technologies from $27.00 to $30.00 and gave the stock a "buy" rating in a research note on Friday, May 9th. UBS Group boosted their price objective on Sensata Technologies from $41.00 to $43.00 and gave the stock a "buy" rating in a research note on Wednesday, July 30th. Finally, Evercore ISI boosted 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. Four investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Sensata Technologies currently has a consensus rating of "Hold" and an average price target of $34.64.

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.