Millennium Management LLC Has $27.45 Million Stock Position in Sensata Technologies Holding N.V. $ST

Key Points

• Millennium Management LLC has reduced its stake in Sensata Technologies by 50.2%, retaining 1,131,121 shares valued at approximately $27.45 million.
• Deutsche Bank AG significantly increased its holdings in Sensata Technologies by 231.5%, while other investors like Gotham Asset Management and Graham Capital Management also adjusted their positions in the company.
• Sensata Technologies recently reported $0.87 earnings per share, exceeding analyst estimates, but its revenue declined by 8.9% year-over-year.

Millennium Management LLC lowered its holdings in shares of Sensata Technologies Holding N.V. (NYSE:ST - Free Report) by 50.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,131,121 shares of the scientific and technical instruments company's stock after selling 1,141,154 shares during the quarter. Millennium Management LLC owned 0.77% of Sensata Technologies worth $27,452,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Northwestern Mutual Wealth Management Co. lifted its position in shares of Sensata Technologies by 61.4% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 1,036 shares of the scientific and technical instruments company's stock worth $25,000 after purchasing an additional 394 shares during the last quarter. Signaturefd LLC raised its position in Sensata Technologies by 515.5% during the 1st quarter. Signaturefd LLC now owns 1,114 shares of the scientific and technical instruments company's stock valued at $27,000 after purchasing an additional 933 shares in the last quarter. National Bank of Canada FI bought a new stake in Sensata Technologies during the 1st quarter valued at $27,000. Brooklyn Investment Group raised its position in Sensata Technologies by 1,575.0% during the 1st quarter. Brooklyn Investment Group now owns 1,273 shares of the scientific and technical instruments company's stock valued at $31,000 after purchasing an additional 1,197 shares in the last quarter. Finally, Parallel Advisors LLC raised its holdings in shares of Sensata Technologies by 278.8% in the first quarter. Parallel Advisors LLC now owns 1,519 shares of the scientific and technical instruments company's stock valued at $37,000 after acquiring an additional 1,118 shares in the last quarter. 99.42% of the stock is owned by institutional investors.

Insider Activity

In related news, EVP Lynne J. Caljouw sold 2,576 shares of the stock in a transaction dated Tuesday, September 9th. The shares were sold at an average price of $31.98, for a total transaction of $82,380.48. Following the completion of the sale, the executive vice president owned 77,185 shares in the company, valued at $2,468,376.30. This trade represents a 3.23% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate insiders own 0.89% of the company's stock.

Sensata Technologies Stock Performance

NYSE:ST traded down $0.13 during mid-day trading on Wednesday, reaching $31.53. 106,597 shares of the stock were exchanged, compared to its average volume of 1,709,356. The stock has a market capitalization of $4.59 billion, a P/E ratio of 42.11, a P/E/G ratio of 1.25 and a beta of 1.13. Sensata Technologies Holding N.V. has a 1 year low of $17.32 and a 1 year high of $37.40. The company has a 50 day simple moving average of $31.76 and a 200-day simple moving average of $27.66. The company has a quick ratio of 1.94, a current ratio of 2.71 and a debt-to-equity ratio of 1.11.

Sensata Technologies (NYSE:ST - Get Free Report) last posted its quarterly 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. The company had revenue of $943.38 million for the quarter, compared to the consensus estimate of $928.25 million. Sensata Technologies had a net margin of 2.97% and a return on equity of 16.88%. Sensata Technologies's revenue was down 8.9% on a year-over-year basis. During the same quarter last year, the firm posted $0.93 earnings per share. Sensata Technologies has set its Q3 2025 guidance at 0.810-0.87 EPS. Analysts anticipate that Sensata Technologies Holding N.V. will post 3.21 earnings per share for the current fiscal year.

Sensata Technologies Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on ST shares. Bank of America lifted their price objective on Sensata Technologies from $27.00 to $32.00 and gave the company a "neutral" rating in a report on Wednesday, July 16th. Wells Fargo & Company boosted 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 note on Wednesday, July 30th. UBS Group upped their price target on Sensata Technologies from $41.00 to $43.00 and gave the stock a "buy" rating in a research report on Wednesday, July 30th. JPMorgan Chase & Co. boosted their target price on Sensata Technologies from $23.00 to $32.00 and gave the stock an "underweight" rating in a research note on Thursday, July 17th. Finally, Evercore ISI boosted their target price 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 equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Sensata Technologies presently has an average rating of "Hold" and an average price target of $34.64.

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.