Sensata Technologies Holding N.V. $ST Position Lessened by Rhumbline Advisers

Key Points

• Rhumbline Advisers has reduced its stake in Sensata Technologies by 4.0% in the 1st quarter, holding 369,552 shares valued at approximately $8.97 million.
• Vanguard Group Inc. and other hedge funds have increased their holdings in Sensata Technologies, indicating growing institutional interest in the company.
• Analysts have generally positive outlooks on Sensata Technologies, with several raising their target prices, contributing to a consensus "Hold" rating and an average price target of $34.64.

Rhumbline Advisers decreased its stake in Sensata Technologies Holding N.V. (NYSE:ST - Free Report) by 4.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 369,552 shares of the scientific and technical instruments company's stock after selling 15,271 shares during the period. Rhumbline Advisers owned 0.25% of Sensata Technologies worth $8,969,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the stock. Vanguard Group Inc. lifted its holdings in shares of Sensata Technologies by 3.2% in the 1st quarter. Vanguard Group Inc. now owns 15,017,354 shares of the scientific and technical instruments company's stock worth $364,471,000 after purchasing an additional 465,878 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its holdings in shares of Sensata Technologies by 14.6% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 8,964,077 shares of the scientific and technical instruments company's stock worth $217,559,000 after purchasing an additional 1,142,649 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings 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 worth $161,152,000 after purchasing an additional 831,702 shares during the last quarter. Fuller & Thaler Asset Management Inc. lifted its holdings in shares of Sensata Technologies by 4.2% in the 1st quarter. Fuller & Thaler Asset Management Inc. now owns 5,479,997 shares of the scientific and technical instruments company's stock worth $133,000,000 after purchasing an additional 219,127 shares during the last quarter. Finally, Victory Capital Management Inc. lifted its holdings in shares of Sensata Technologies by 24.7% in the 1st quarter. Victory Capital Management Inc. now owns 2,782,600 shares of the scientific and technical instruments company's stock worth $67,534,000 after purchasing an additional 551,231 shares during the last quarter. Institutional investors own 99.42% of the company's stock.

Analyst Ratings Changes

Several analysts have weighed in on ST shares. UBS Group lifted their target price on Sensata Technologies from $41.00 to $43.00 and gave the company a "buy" rating in a research note on Wednesday, July 30th. Bank of America lifted their target price on Sensata Technologies from $27.00 to $32.00 and gave the company a "neutral" rating in a research note on Wednesday, July 16th. Wells Fargo & Company lifted their target price on Sensata Technologies from $30.00 to $33.00 and gave the company an "equal weight" rating in a research note on Wednesday, July 30th. Evercore ISI lifted their target price on Sensata Technologies from $27.00 to $30.00 and gave the company an "in-line" rating in a research note on Wednesday, July 30th. Finally, Truist Financial lifted their target price on Sensata Technologies from $27.00 to $35.00 and gave the company a "hold" rating in a research note on Wednesday, July 30th. Four analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, Sensata Technologies currently has a consensus rating of "Hold" and an average price target of $34.64.

Sensata Technologies Stock Performance

Shares of NYSE ST opened at $31.53 on Thursday. The company has a quick ratio of 1.94, a current ratio of 2.71 and a debt-to-equity ratio of 1.11. The stock has a market capitalization of $4.59 billion, a price-to-earnings ratio of 42.04, a PEG ratio of 1.24 and a beta of 1.13. The stock's fifty day simple moving average is $31.78 and its 200 day simple moving average is $27.60. Sensata Technologies Holding N.V. has a 52-week low of $17.32 and a 52-week high of $37.40.

Sensata Technologies (NYSE:ST - Get Free Report) last issued its quarterly earnings results on Tuesday, July 29th. The scientific and technical instruments company reported $0.87 earnings per share for the quarter, beating 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 business had revenue of $943.38 million for the quarter, compared to the consensus estimate of $928.25 million. During the same quarter in the previous year, the company posted $0.93 earnings per share. Sensata Technologies'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 forecast that Sensata Technologies Holding N.V. will post 3.21 earnings per share for the current fiscal year.

Sensata Technologies Dividend Announcement

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

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.

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