Crossmark Global Holdings Inc. Boosts Position in Sensata Technologies Holding N.V. (NYSE:ST)

Crossmark Global Holdings Inc. lifted its stake in Sensata Technologies Holding N.V. (NYSE:ST - Free Report) by 184.8% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 49,447 shares of the scientific and technical instruments company's stock after buying an additional 32,084 shares during the period. Crossmark Global Holdings Inc.'s holdings in Sensata Technologies were worth $1,200,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of ST. Janus Henderson Group PLC boosted its position in shares of Sensata Technologies by 0.5% in the 4th quarter. Janus Henderson Group PLC now owns 9,767,232 shares of the scientific and technical instruments company's stock worth $267,621,000 after purchasing an additional 44,233 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its holdings in Sensata Technologies by 36.4% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 7,821,428 shares of the scientific and technical instruments company's stock worth $214,308,000 after buying an additional 2,088,161 shares during the last quarter. Boston Partners grew its position in shares of Sensata Technologies by 11.6% during the 4th quarter. Boston Partners now owns 6,526,941 shares of the scientific and technical instruments company's stock worth $179,087,000 after buying an additional 677,316 shares during the period. Dimensional Fund Advisors LP increased its stake in shares of Sensata Technologies by 12.6% in the 4th quarter. Dimensional Fund Advisors LP now owns 5,808,186 shares of the scientific and technical instruments company's stock valued at $159,143,000 after acquiring an additional 648,028 shares during the last quarter. Finally, Fuller & Thaler Asset Management Inc. raised its position in shares of Sensata Technologies by 96.8% in the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 5,260,870 shares of the scientific and technical instruments company's stock valued at $144,148,000 after acquiring an additional 2,587,183 shares during the period. Institutional investors own 99.42% of the company's stock.

Insiders Place Their Bets

In related news, Director Andrew C. Teich bought 9,925 shares of the company's stock in a transaction on Friday, May 23rd. The shares were purchased at an average price of $25.19 per share, for a total transaction of $250,010.75. Following the completion of the transaction, the director directly owned 41,117 shares in the company, valued at approximately $1,035,737.23. The trade was a 31.82% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Company insiders own 0.89% of the company's stock.

Sensata Technologies Stock Performance

Sensata Technologies stock traded down $0.25 during midday trading on Friday, reaching $32.09. 1,917,445 shares of the company's stock were exchanged, compared to its average volume of 1,419,797. Sensata Technologies Holding N.V. has a 52 week low of $17.32 and a 52 week high of $42.33. The firm has a market cap of $4.69 billion, a price-to-earnings ratio of 9.71, a P/E/G ratio of 1.40 and a beta of 1.13. The stock's 50-day simple moving average is $27.63 and its 200 day simple moving average is $26.41. The company has a debt-to-equity ratio of 1.12, a quick ratio of 1.81 and a current ratio of 2.64.

Sensata Technologies (NYSE:ST - Get Free Report) last posted its earnings results on Thursday, May 8th. The scientific and technical instruments company reported $0.78 earnings per share for the quarter, topping analysts' consensus estimates of $0.72 by $0.06. The company had revenue of $911.26 million during the quarter, compared to the consensus estimate of $878.39 million. Sensata Technologies had a return on equity of 17.12% and a net margin of 3.19%. The company's revenue was down 9.5% on a year-over-year basis. During the same quarter last year, the firm earned $0.89 earnings per share. On average, analysts expect 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 declared a quarterly dividend, which was paid on Wednesday, May 28th. Shareholders of record on Wednesday, May 14th were paid a dividend of $0.12 per share. The ex-dividend date was Wednesday, May 14th. This represents a $0.48 dividend on an annualized basis and a yield of 1.50%. Sensata Technologies's dividend payout ratio (DPR) is currently 59.26%.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. The Goldman Sachs Group boosted their price objective on Sensata Technologies from $27.00 to $30.00 and gave the company a "buy" rating in a research report on Friday, May 9th. UBS Group lowered their price objective on shares of Sensata Technologies from $37.00 to $30.00 and set a "buy" rating for the company in a research report on Thursday, April 10th. Wall Street Zen lowered shares of Sensata Technologies from a "buy" rating to a "hold" rating in a report on Sunday, June 1st. Robert W. Baird reduced their target price on shares of Sensata Technologies from $24.00 to $23.00 and set a "neutral" rating for the company in a research note on Tuesday, April 15th. Finally, Evercore ISI lowered Sensata Technologies from an "outperform" rating to an "inline" rating and cut their price target for the company from $40.00 to $27.00 in a report on Thursday, April 3rd. One analyst has rated the stock with a sell rating, seven have given a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, Sensata Technologies has a consensus rating of "Hold" and a consensus target price of $34.42.

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.