Raymond James Financial Inc. Sells 28,864 Shares of Sensata Technologies Holding N.V. $ST

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. trimmed its position in shares of Sensata Technologies Holding N.V. (NYSE:ST - Free Report) by 14.0% during the first quarter, according to its most recent disclosure 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 period. Raymond James Financial Inc. owned approximately 0.12% of Sensata Technologies worth $4,295,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the company. Principal Financial Group Inc. raised its holdings in shares of Sensata Technologies by 0.5% during the 1st quarter. Principal Financial Group Inc. now owns 344,296 shares of the scientific and technical instruments company's stock worth $8,356,000 after buying an additional 1,578 shares in the last quarter. Crossmark Global Holdings Inc. grew its position in Sensata Technologies by 184.8% in the first quarter. Crossmark Global Holdings Inc. now owns 49,447 shares of the scientific and technical instruments company's stock valued at $1,200,000 after acquiring an additional 32,084 shares during the last quarter. Brown Advisory Inc. raised its stake in Sensata Technologies by 3.1% during the first quarter. Brown Advisory Inc. now owns 1,396,402 shares of the scientific and technical instruments company's stock worth $33,891,000 after acquiring an additional 42,423 shares in the last quarter. Farther Finance Advisors LLC boosted its stake in shares of Sensata Technologies by 122.8% in the 1st quarter. Farther Finance Advisors LLC now owns 4,254 shares of the scientific and technical instruments company's stock valued at $103,000 after purchasing an additional 2,345 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its holdings in shares of Sensata Technologies by 235.5% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 37,395 shares of the scientific and technical instruments company's stock valued at $908,000 after purchasing an additional 26,249 shares during the last quarter. 99.42% of the stock is currently owned by institutional investors and hedge funds.

Sensata Technologies Trading Down 1.0%

ST stock traded down $0.32 during midday trading on Tuesday, hitting $31.69. The stock had a trading volume of 1,203,541 shares, compared to its average volume of 1,733,107. The firm has a market cap of $4.62 billion, a P/E ratio of 42.25, a price-to-earnings-growth ratio of 1.26 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 Holding N.V. has a 1-year low of $17.32 and a 1-year high of $37.40. The business has a fifty day moving average price of $31.78 and a two-hundred day moving average price of $27.55.

Sensata Technologies (NYSE:ST - Get Free Report) last released its earnings results on Tuesday, July 29th. The scientific and technical instruments company reported $0.87 EPS for the quarter, topping 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 business had revenue of $943.38 million during the quarter, compared to analysts' expectations of $928.25 million. During the same quarter last year, the firm posted $0.93 earnings per share. The firm's revenue was down 8.9% on a year-over-year basis. Sensata Technologies has set its Q3 2025 guidance at 0.810-0.87 EPS. On average, sell-side analysts predict 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 declared a quarterly dividend, which was paid on Wednesday, August 27th. Shareholders of record on Wednesday, August 13th were issued a $0.12 dividend. The ex-dividend date was Wednesday, August 13th. This represents a $0.48 annualized dividend and a yield of 1.5%. Sensata Technologies's dividend payout ratio is presently 64.00%.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on ST shares. Bank of America increased their price objective on shares of Sensata Technologies from $27.00 to $32.00 and gave the company a "neutral" rating in a research note on Wednesday, July 16th. UBS Group raised their price objective on Sensata Technologies from $41.00 to $43.00 and gave the company a "buy" rating in a report on Wednesday, July 30th. Wall Street Zen upgraded Sensata Technologies from a "hold" rating to a "buy" rating in a research report on Saturday, August 2nd. JPMorgan Chase & Co. upped their target price on Sensata Technologies from $23.00 to $32.00 and gave the stock an "underweight" rating in a report on Thursday, July 17th. Finally, Evercore ISI upped their target price on Sensata Technologies from $27.00 to $30.00 and gave the stock an "in-line" rating in a report on Wednesday, July 30th. Four analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price 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.