Reinhart Partners LLC. Reduces Stock Position in Sensata Technologies Holding N.V. $ST

Key Points

• Reinhart Partners LLC reduced its stake in Sensata Technologies by 6.1%, holding 273,352 shares valued at approximately $8.23 million after selling 17,663 shares in the second quarter.
• Other institutional investors have increased their positions significantly, with Northwestern Mutual Wealth Management Co. raising its stake by 61.4% and Brooklyn Investment Group increasing its position by 1,575.0%.
• Analysts' price targets for Sensata Technologies stock have been adjusted upward by multiple firms, with UBS Group raising its target from $41.00 to $43.00, aligning with a general rating of "Hold" and an average target price of $34.64.

Reinhart Partners LLC. trimmed its holdings in Sensata Technologies Holding N.V. (NYSE:ST - Free Report) by 6.1% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 273,352 shares of the scientific and technical instruments company's stock after selling 17,663 shares during the period. Reinhart Partners LLC. owned 0.19% of Sensata Technologies worth $8,231,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Price T Rowe Associates Inc. MD boosted its position in shares of Sensata Technologies by 14.6% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 8,964,077 shares of the scientific and technical instruments company's stock valued at $217,559,000 after acquiring an additional 1,142,649 shares during the last quarter. Woodline Partners LP boosted its holdings in Sensata Technologies by 65.2% in the 4th quarter. Woodline Partners LP now owns 2,277,826 shares of the scientific and technical instruments company's stock valued at $62,412,000 after purchasing an additional 898,835 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in shares of Sensata Technologies by 14.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 6,639,888 shares of the scientific and technical instruments company's stock valued at $161,152,000 after buying an additional 831,702 shares during the period. Victory Capital Management Inc. raised its position in shares of Sensata Technologies by 24.7% during the 1st quarter. Victory Capital Management Inc. now owns 2,782,600 shares of the scientific and technical instruments company's stock valued at $67,534,000 after buying an additional 551,231 shares during the period. Finally, Invenomic Capital Management LP lifted its holdings in Sensata Technologies by 51.7% in the first quarter. Invenomic Capital Management LP now owns 1,584,088 shares of the scientific and technical instruments company's stock valued at $38,446,000 after acquiring an additional 539,908 shares during the last quarter. 99.42% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Sensata Technologies news, EVP Lynne J. Caljouw sold 2,576 shares of the stock in a transaction that occurred on Tuesday, September 9th. The stock was 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 directly owned 77,185 shares of the company's stock, valued at approximately $2,468,376.30. This trade represents a 3.23% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.89% of the stock is currently owned by corporate insiders.

Sensata Technologies Stock Performance

ST traded down $0.55 during trading on Friday, hitting $31.30. 2,816,386 shares of the stock were exchanged, compared to its average volume of 1,213,435. 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 Holding N.V. has a 1-year low of $17.32 and a 1-year high of $37.40. The stock has a fifty day moving average price of $31.72 and a two-hundred day moving average price of $27.75. The firm has a market capitalization of $4.56 billion, a P/E ratio of 41.73, a PEG ratio of 1.23 and a beta of 1.13.

Sensata Technologies (NYSE:ST - Get Free Report) last announced its earnings results on Tuesday, July 29th. The scientific and technical instruments company reported $0.87 earnings per share (EPS) for the quarter, topping 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 business had revenue of $943.38 million for the quarter, compared to analyst estimates of $928.25 million. During the same period last year, the firm posted $0.93 earnings per share. The company'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, sell-side analysts predict that Sensata Technologies Holding N.V. will post 3.21 earnings per share for the current year.

Sensata Technologies Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, August 27th. Investors of record on Wednesday, August 13th were issued 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 dividend yield of 1.5%. Sensata Technologies's dividend payout ratio (DPR) is currently 64.00%.

Analyst Ratings Changes

Several research firms have issued reports on ST. Evercore ISI raised 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. Wells Fargo & Company raised their price objective on Sensata Technologies from $30.00 to $33.00 and gave the stock an "equal weight" rating in a research report on Wednesday, July 30th. UBS Group upped their target price on shares of Sensata Technologies from $41.00 to $43.00 and gave the company a "buy" rating in a research report on Wednesday, July 30th. Truist Financial increased their target price on shares of Sensata Technologies from $27.00 to $35.00 and gave the stock a "hold" rating in a research note on Wednesday, July 30th. Finally, Bank of America boosted 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. Four equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, Sensata Technologies presently has a consensus rating of "Hold" and a consensus price target of $34.64.

Sensata Technologies 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.