Oak Thistle LLC Raises Holdings in Sensata Technologies Holding N.V. (NYSE:ST)

Oak Thistle LLC lifted its stake in Sensata Technologies Holding N.V. (NYSE:ST - Free Report) by 103.6% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 120,112 shares of the scientific and technical instruments company's stock after acquiring an additional 61,105 shares during the period. Oak Thistle LLC owned approximately 0.08% of Sensata Technologies worth $2,915,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Brown Brothers Harriman & Co. bought a new stake in Sensata Technologies during the fourth quarter worth about $27,000. Signaturefd LLC increased its holdings in Sensata Technologies by 515.5% during the 1st quarter. Signaturefd LLC now owns 1,114 shares of the scientific and technical instruments company's stock valued at $27,000 after purchasing an additional 933 shares during the period. Parallel Advisors LLC increased its holdings in Sensata Technologies by 278.8% during the 1st quarter. Parallel Advisors LLC now owns 1,519 shares of the scientific and technical instruments company's stock valued at $37,000 after purchasing an additional 1,118 shares during the period. UMB Bank n.a. increased its holdings in Sensata Technologies by 110.0% during the 1st quarter. UMB Bank n.a. now owns 1,873 shares of the scientific and technical instruments company's stock valued at $45,000 after purchasing an additional 981 shares during the period. Finally, First Horizon Advisors Inc. boosted its position in Sensata Technologies by 83.6% during the 1st quarter. First Horizon Advisors Inc. now owns 2,554 shares of the scientific and technical instruments company's stock valued at $62,000 after acquiring an additional 1,163 shares in the last quarter. Institutional investors own 99.42% of the company's stock.

Insider Activity at Sensata Technologies

In related news, Director Andrew C. Teich acquired 9,925 shares of Sensata Technologies stock in a transaction dated Friday, May 23rd. The stock was purchased at an average cost of $25.19 per share, for a total transaction of $250,010.75. Following the purchase, the director directly owned 41,117 shares of the company's stock, valued at approximately $1,035,737.23. This trade represents a 31.82% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. 0.89% of the stock is owned by company insiders.

Sensata Technologies Stock Performance

ST traded up $0.30 during mid-day trading on Friday, reaching $32.79. 1,354,093 shares of the company traded hands, compared to its average volume of 1,762,467. The stock has a market capitalization of $4.80 billion, a P/E ratio of 40.48, a P/E/G ratio of 1.38 and a beta of 1.13. The company has a quick ratio of 1.81, a current ratio of 2.64 and a debt-to-equity ratio of 1.12. The company's fifty day moving average price is $29.06 and its 200-day moving average price is $26.71. Sensata Technologies Holding N.V. has a 52-week low of $17.32 and a 52-week high of $39.46.

Sensata Technologies (NYSE:ST - Get Free Report) last posted its quarterly earnings data on Thursday, May 8th. The scientific and technical instruments company reported $0.78 EPS for the quarter, topping the consensus estimate of $0.72 by $0.06. The firm had revenue of $911.26 million during the quarter, compared to analyst estimates of $878.39 million. Sensata Technologies had a return on equity of 17.12% and a net margin of 3.19%. Sensata Technologies's revenue was down 9.5% on a year-over-year basis. During the same period in the prior year, the business posted $0.89 EPS. On average, sell-side analysts expect that Sensata Technologies Holding N.V. will post 3.21 EPS for the current year.

Sensata Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 27th. Stockholders of record on Wednesday, August 13th will be paid a $0.12 dividend. The ex-dividend date of this dividend is Wednesday, August 13th. This represents a $0.48 annualized dividend and a dividend yield of 1.46%. Sensata Technologies's dividend payout ratio (DPR) is 59.26%.

Wall Street Analysts Forecast Growth

ST has been the topic of several research reports. Bank of America lifted their price objective on Sensata Technologies from $27.00 to $32.00 and gave the company a "neutral" rating in a research report on Wednesday, July 16th. Wall Street Zen cut Sensata Technologies from a "buy" rating to a "hold" rating in a research report on Sunday, June 1st. JPMorgan Chase & Co. boosted their price target on Sensata Technologies from $23.00 to $32.00 and gave the stock an "underweight" rating in a research report on Thursday, July 17th. Evercore ISI cut Sensata Technologies from an "outperform" rating to an "inline" rating and dropped their price target for the stock from $40.00 to $27.00 in a research report on Thursday, April 3rd. Finally, UBS Group boosted their price target on Sensata Technologies from $34.00 to $41.00 and gave the stock a "buy" rating in a research report on Monday, July 14th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, Sensata Technologies currently has an average rating of "Hold" and a consensus target price of $33.73.

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.