Wedge Capital Management L L P NC Raises Stake in Sensata Technologies Holding N.V. $ST

Key Points

• Wedge Capital Management increased its holdings in Sensata Technologies by 10.6%, owning approximately 0.08% of the company valued at $3.6 million after acquiring additional shares in Q2.
• Analysts have upgraded the stock's ratings, with Bank of America raising the target price from $27.00 to $32.00 and others providing similar increases, culminating in a consensus price target of $34.64.
• Sensata Technologies announced a quarterly dividend of $0.12 per share, reflecting an annualized yield of 1.5% and indicating a stable dividend payout ratio of 64.00%.

Wedge Capital Management L L P NC grew its holdings in shares of Sensata Technologies Holding N.V. (NYSE:ST - Free Report) by 10.6% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 119,554 shares of the scientific and technical instruments company's stock after purchasing an additional 11,437 shares during the quarter. Wedge Capital Management L L P NC owned approximately 0.08% of Sensata Technologies worth $3,600,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of ST. Northwestern Mutual Wealth Management Co. lifted its position 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 worth $25,000 after acquiring an additional 394 shares in the last quarter. Signaturefd LLC raised its holdings 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 worth $27,000 after buying an additional 933 shares in the last quarter. National Bank of Canada FI bought a new position in Sensata Technologies in the 1st quarter valued at $27,000. Brooklyn Investment Group lifted its holdings in Sensata Technologies by 1,575.0% during the first 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 in the last quarter. Finally, Parallel Advisors LLC raised its holdings in Sensata Technologies by 278.8% during the first 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 in the last quarter. 99.42% of the stock is owned by institutional investors and hedge funds.

Sensata Technologies Stock Up 0.2%

Shares of NYSE ST traded up $0.07 during mid-day trading on Monday, reaching $31.34. The company had a trading volume of 1,248,017 shares, compared to its average volume of 1,264,775. The company has a market capitalization of $4.56 billion, a price-to-earnings ratio of 41.78, a PEG ratio of 1.23 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 stock has a fifty day moving average of $31.71 and a two-hundred day moving average of $27.77. Sensata Technologies Holding N.V. has a 12-month low of $17.32 and a 12-month high of $37.40.

Sensata Technologies (NYSE:ST - Get Free Report) last issued its earnings results 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. The firm had revenue of $943.38 million for the quarter, compared to analysts' expectations of $928.25 million. Sensata Technologies had a return on equity of 16.88% and a net margin of 2.97%.The company's revenue was down 8.9% compared to the same quarter last year. During the same quarter last year, the business earned $0.93 earnings per share. Sensata Technologies has set its Q3 2025 guidance at 0.810-0.87 EPS. As a group, equities research analysts expect that Sensata Technologies Holding N.V. will post 3.21 EPS for the current year.

Sensata Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 27th. Stockholders of record on Wednesday, August 13th were given 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 (DPR) is 64.00%.

Insider Activity at Sensata Technologies

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

Analysts Set New Price Targets

Several research analysts recently issued reports on the company. Wells Fargo & Company raised their target price on Sensata Technologies from $30.00 to $33.00 and gave the stock an "equal weight" rating in a research report on Wednesday, July 30th. UBS Group boosted their price target on shares of Sensata Technologies from $41.00 to $43.00 and gave the stock a "buy" rating in a research note on Wednesday, July 30th. Bank of America upped their price objective on shares of Sensata Technologies from $27.00 to $32.00 and gave the stock a "neutral" rating in a report on Wednesday, July 16th. Truist Financial increased their price target on shares of Sensata Technologies from $27.00 to $35.00 and gave the stock a "hold" rating in a research report on Wednesday, July 30th. Finally, Evercore ISI lifted their price objective on shares of Sensata Technologies from $27.00 to $30.00 and gave the stock an "in-line" rating in a research note 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 stock has a consensus rating of "Hold" and a consensus target price 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.