MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Raises Stock Position in Sensata Technologies Holding N.V. $ST

Key Points

• MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Sensata Technologies by 13.1%, now owning approximately 0.33% of the company valued at $11.93 million.
• Several hedge funds significantly raised their holdings in Sensata Technologies during Q1, with Brooklyn Investment Group increasing its position by 1,575.0%, highlighting growing institutional interest.
• Analysts have raised their price targets for Sensata Technologies, with a consensus rating of "Hold" and a price target of $34.64, despite the company reporting a year-over-year revenue decline of 8.9% in its latest earnings.

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Sensata Technologies Holding N.V. (NYSE:ST - Free Report) by 13.1% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 485,132 shares of the scientific and technical instruments company's stock after purchasing an additional 56,166 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned about 0.33% of Sensata Technologies worth $11,928,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. increased its holdings in Sensata Technologies by 61.4% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 1,036 shares of the scientific and technical instruments company's stock valued at $25,000 after purchasing an additional 394 shares during the period. Signaturefd LLC grew its holdings in shares of 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 worth $27,000 after acquiring an additional 933 shares during the period. National Bank of Canada FI purchased a new position in shares of Sensata Technologies during the 1st quarter worth approximately $27,000. Brooklyn Investment Group grew its holdings in shares of Sensata Technologies by 1,575.0% during the 1st quarter. Brooklyn Investment Group now owns 1,273 shares of the scientific and technical instruments company's stock worth $31,000 after acquiring an additional 1,197 shares during the period. Finally, Parallel Advisors LLC grew its holdings in shares of 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 worth $37,000 after acquiring an additional 1,118 shares during the period. Hedge funds and other institutional investors own 99.42% of the company's stock.

Insider Transactions at Sensata Technologies

In other Sensata Technologies news, EVP Lynne J. Caljouw sold 2,576 shares of the stock in a transaction on Tuesday, September 9th. The stock was sold at an average price of $31.98, for a total value of $82,380.48. Following the completion of the sale, the executive vice president owned 77,185 shares in the company, valued at approximately $2,468,376.30. This represents a 3.23% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.89% of the company's stock.

Sensata Technologies Stock Performance

Shares of NYSE:ST traded up $0.45 during midday trading on Monday, hitting $31.71. The company had a trading volume of 131,906 shares, compared to its average volume of 1,717,097. The company has a debt-to-equity ratio of 1.11, a current ratio of 2.71 and a quick ratio of 1.94. The company has a market cap of $4.62 billion, a price-to-earnings ratio of 42.30, a PEG ratio of 1.23 and a beta of 1.13. Sensata Technologies Holding N.V. has a 12-month low of $17.32 and a 12-month high of $37.40. The company has a fifty day moving average of $31.77 and a two-hundred day moving average of $27.61.

Sensata Technologies (NYSE:ST - Get Free Report) last posted its quarterly earnings data 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. The firm had revenue of $943.38 million during the quarter, compared to analyst estimates of $928.25 million. Sensata Technologies had a return on equity of 16.88% and a net margin of 2.97%.Sensata Technologies's revenue was down 8.9% on a year-over-year basis. During the same period in the prior year, the business posted $0.93 EPS. Sensata Technologies has set its Q3 2025 guidance at 0.810-0.87 EPS. On average, equities research analysts expect that Sensata Technologies Holding N.V. will post 3.21 EPS for the current fiscal year.

Sensata Technologies Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 27th. Shareholders of record on Wednesday, August 13th were paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date was Wednesday, August 13th. Sensata Technologies's dividend payout ratio is presently 64.00%.

Analysts Set New Price Targets

ST has been the topic of a number of research analyst reports. Truist Financial upped their target price on Sensata Technologies from $27.00 to $35.00 and gave the stock a "hold" rating in a report on Wednesday, July 30th. 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. Wall Street Zen upgraded Sensata Technologies from a "hold" rating to a "buy" rating in a report on Saturday, August 2nd. Bank of America boosted their price target on Sensata Technologies from $27.00 to $32.00 and gave the stock a "neutral" rating in a research report on Wednesday, July 16th. Finally, Evercore ISI boosted their price target on Sensata Technologies from $27.00 to $30.00 and gave the stock an "in-line" rating in a research report on Wednesday, July 30th. Four investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company has an average rating of "Hold" and an average price target 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.