MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Acquires 56,166 Shares of 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. raised its stake in shares of Sensata Technologies Holding N.V. (NYSE:ST - Free Report) by 13.1% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 485,132 shares of the scientific and technical instruments company's stock after buying an additional 56,166 shares during the quarter. 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 institutional investors also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. grew its position in shares of 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 worth $25,000 after buying an additional 394 shares during the period. Signaturefd LLC grew its position in shares of Sensata Technologies by 515.5% in 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. National Bank of Canada FI acquired a new position in shares of Sensata Technologies in the 1st quarter valued at approximately $27,000. Brooklyn Investment Group grew its position in shares of Sensata Technologies by 1,575.0% in the 1st quarter. Brooklyn Investment Group now owns 1,273 shares of the scientific and technical instruments company's stock valued at $31,000 after purchasing an additional 1,197 shares during the period. Finally, Parallel Advisors LLC grew its position in shares of Sensata Technologies by 278.8% in 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. 99.42% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, EVP Lynne J. Caljouw sold 2,576 shares of the company's 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 sale, the executive vice president owned 77,185 shares in the company, valued at $2,468,376.30. This represents a 3.23% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. 0.89% of the stock is currently owned by corporate insiders.

Sensata Technologies Stock Down 2.8%

NYSE ST traded down $0.90 during trading on Friday, hitting $31.30. The stock had a trading volume of 1,358,128 shares, compared to its average volume of 1,183,123. 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 market capitalization of $4.56 billion, a PE ratio of 41.73, a P/E/G ratio of 1.26 and a beta of 1.13. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.94 and a current ratio of 2.71. The company's 50-day moving average price is $31.77 and its two-hundred day moving average price is $27.62.

Sensata Technologies (NYSE:ST - Get Free Report) last announced its quarterly earnings data 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 return on equity of 16.88% and a net margin of 2.97%.The company had revenue of $943.38 million for the quarter, compared to analysts' expectations of $928.25 million. During the same quarter in the prior year, the business posted $0.93 EPS. The business's revenue 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 forecast that Sensata Technologies Holding N.V. will post 3.21 EPS for the current year.

Sensata Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 27th. Stockholders of record on Wednesday, August 13th were paid a dividend of $0.12 per share. The ex-dividend date 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 is currently 64.00%.

Analyst Upgrades and Downgrades

ST has been the subject of several research analyst reports. Wells Fargo & Company boosted their price objective on Sensata Technologies from $30.00 to $33.00 and gave the company an "equal weight" rating in a research report on Wednesday, July 30th. 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 research report on Wednesday, July 16th. Truist Financial boosted their price objective on Sensata Technologies from $27.00 to $35.00 and gave the company a "hold" rating in a research report on Wednesday, July 30th. JPMorgan Chase & Co. boosted their price objective on Sensata Technologies from $23.00 to $32.00 and gave the company an "underweight" rating in a research report on Thursday, July 17th. Finally, Wall Street Zen upgraded Sensata Technologies from a "hold" rating to a "buy" rating in a research note on Saturday, August 2nd. Four research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Sensata Technologies presently has an average rating of "Hold" and an average target price of $34.64.

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.