Sensata Technologies Holding N.V. $ST Shares Sold by Raymond James Financial Inc.

Key Points

• Raymond James Financial Inc. reduced its stake in Sensata Technologies by 14.0%, owning 176,952 shares worth approximately $4.3 million after selling 28,864 shares.
• Several analysts raised their target prices for Sensata Technologies, with UBS Group increasing theirs from $41.00 to $43.00 and maintaining a "buy" rating.
• The company reported $0.87 earnings per share for the last quarter, exceeding estimates and had a revenue of $943.38 million, although down 8.9% from the previous year.

Raymond James Financial Inc. decreased its holdings in shares of Sensata Technologies Holding N.V. (NYSE:ST - Free Report) by 14.0% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 176,952 shares of the scientific and technical instruments company's stock after selling 28,864 shares during the quarter. Raymond James Financial Inc. owned about 0.12% of Sensata Technologies worth $4,295,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of ST. Signaturefd LLC grew its holdings in shares of Sensata Technologies by 515.5% during the first quarter. Signaturefd LLC now owns 1,114 shares of the scientific and technical instruments company's stock worth $27,000 after buying an additional 933 shares in the last quarter. National Bank of Canada FI purchased a new stake in shares of Sensata Technologies during the first quarter worth $27,000. Parallel Advisors LLC grew its holdings in shares of Sensata Technologies by 278.8% during the first quarter. Parallel Advisors LLC now owns 1,519 shares of the scientific and technical instruments company's stock worth $37,000 after buying an additional 1,118 shares in the last quarter. UMB Bank n.a. grew its holdings in shares of Sensata Technologies by 110.0% during the first quarter. UMB Bank n.a. now owns 1,873 shares of the scientific and technical instruments company's stock worth $45,000 after buying an additional 981 shares in the last quarter. Finally, First Horizon Advisors Inc. grew its holdings in shares of Sensata Technologies by 83.6% during the first quarter. First Horizon Advisors Inc. now owns 2,554 shares of the scientific and technical instruments company's stock worth $62,000 after buying an additional 1,163 shares in the last quarter. Hedge funds and other institutional investors own 99.42% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the stock. Evercore ISI upped their price objective on shares of Sensata Technologies from $27.00 to $30.00 and gave the company an "in-line" rating in a report on Wednesday, July 30th. Wells Fargo & Company upped their price objective on shares of Sensata Technologies from $30.00 to $33.00 and gave the company an "equal weight" rating in a report on Wednesday, July 30th. Bank of America upped their price objective on shares of Sensata Technologies from $27.00 to $32.00 and gave the company a "neutral" rating in a report on Wednesday, July 16th. UBS Group upped their price objective on shares of Sensata Technologies from $41.00 to $43.00 and gave the company a "buy" rating in a report on Wednesday, July 30th. Finally, Wall Street Zen raised shares of Sensata Technologies from a "hold" rating to a "buy" rating in a report on Saturday, August 2nd. Four research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $34.64.

Insider Buying and Selling

In other Sensata Technologies news, EVP Lynne J. Caljouw sold 2,576 shares of the company's stock in a transaction dated Tuesday, September 9th. The shares were sold at an average price of $31.98, for a total value of $82,380.48. Following the transaction, the executive vice president owned 77,185 shares of the company's stock, valued at $2,468,376.30. This represents a 3.23% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.89% of the stock is owned by insiders.

Sensata Technologies Trading Up 2.4%

NYSE ST traded up $0.75 during trading hours on Thursday, reaching $32.24. The company had a trading volume of 1,365,723 shares, compared to its average volume of 1,179,586. The stock has a 50-day moving average of $31.79 and a 200 day moving average of $27.62. 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 current ratio of 2.71, a quick ratio of 1.94 and a debt-to-equity ratio of 1.11. The stock has a market capitalization of $4.70 billion, a P/E ratio of 42.99, a price-to-earnings-growth ratio of 1.24 and a beta of 1.13.

Sensata Technologies (NYSE:ST - Get Free Report) last posted its earnings results on Tuesday, July 29th. The scientific and technical instruments company reported $0.87 EPS for the quarter, beating analysts' consensus estimates of $0.84 by $0.03. Sensata Technologies had a net margin of 2.97% and a return on equity of 16.88%. The company 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 company 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, research analysts anticipate that Sensata Technologies Holding N.V. will post 3.21 earnings per share for the current fiscal year.

Sensata Technologies Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, August 27th. Shareholders of record on Wednesday, August 13th were given a $0.12 dividend. 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 dividend payout ratio is presently 64.00%.

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.