Nomura Holdings Inc. bought a new position in shares of Sensata Technologies Holding plc (NYSE:ST - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 19,846 shares of the scientific and technical instruments company's stock, valued at approximately $544,000.
Several other hedge funds have also added to or reduced their stakes in the company. Numerai GP LLC acquired a new stake in Sensata Technologies in the 4th quarter worth about $1,341,000. Occudo Quantitative Strategies LP bought a new position in shares of Sensata Technologies during the fourth quarter worth approximately $368,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Sensata Technologies by 9.6% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 428,966 shares of the scientific and technical instruments company's stock valued at $11,675,000 after buying an additional 37,591 shares in the last quarter. Invenomic Capital Management LP boosted its stake in shares of Sensata Technologies by 21.7% in the fourth quarter. Invenomic Capital Management LP now owns 1,044,180 shares of the scientific and technical instruments company's stock valued at $28,611,000 after buying an additional 186,511 shares during the period. Finally, Janus Henderson Group PLC lifted its position in shares of Sensata Technologies by 0.5% during the 4th 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 during the period. 99.42% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
ST has been the subject of several analyst reports. Oppenheimer dropped their target price on shares of Sensata Technologies from $44.00 to $40.00 and set an "outperform" rating for the company in a research report on Thursday, February 13th. Wall Street Zen raised shares of Sensata Technologies from a "hold" rating to a "buy" rating in a research note on Saturday. JPMorgan Chase & Co. cut their target price on Sensata Technologies from $27.00 to $21.00 and set an "underweight" rating for the company in a research note on Thursday, April 17th. UBS Group reduced their target price on Sensata Technologies from $37.00 to $30.00 and set a "buy" rating on the stock in a report on Thursday, April 10th. Finally, The Goldman Sachs Group boosted their price target on Sensata Technologies from $27.00 to $30.00 and gave the stock a "buy" rating in a report on Friday, May 9th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and six have given a buy rating to the stock. According to data from MarketBeat, Sensata Technologies currently has a consensus rating of "Hold" and a consensus target price of $34.08.
Check Out Our Latest Analysis on Sensata Technologies
Sensata Technologies Trading Down 1.2%
Sensata Technologies stock traded down $0.31 during trading hours on Friday, hitting $25.23. The stock had a trading volume of 1,908,088 shares, compared to its average volume of 1,709,864. The business's 50 day simple moving average is $23.04 and its 200-day simple moving average is $26.99. Sensata Technologies Holding plc has a one year low of $17.32 and a one year high of $42.60. The stock has a market cap of $3.69 billion, a price-to-earnings ratio of 30.03, a P/E/G 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.
Sensata Technologies (NYSE:ST - Get Free Report) last issued its quarterly earnings data on Thursday, May 8th. The scientific and technical instruments company reported $0.78 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.72 by $0.06. Sensata Technologies had a net margin of 3.27% and a return on equity of 17.54%. The business 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 earned $0.89 EPS. The firm's quarterly revenue was down 9.5% on a year-over-year basis. On average, equities analysts predict that Sensata Technologies Holding plc will post 3.21 EPS for the current fiscal year.
Sensata Technologies Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 28th. Investors of record on Wednesday, May 14th will be issued a $0.12 dividend. The ex-dividend date is Wednesday, May 14th. This represents a $0.48 dividend on an annualized basis and a yield of 1.90%. Sensata Technologies's payout ratio is 59.26%.
About Sensata Technologies
(
Free Report)
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.
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