Sensata Technologies Holding N.V. $ST Stock: First Citizens Bank & Trust Co. Cuts Holdings

Key Points

• First Citizens Bank & Trust Co. cut its Sensata Technologies stake by 64.8% in the third quarter, selling 26,296 shares and retaining 14,256 shares valued at approximately $592,000.
• Other major institutional investors increased their positions, and institutions collectively own 99.42% of Sensata’s shares.
• Sensata reported quarterly EPS of $0.98, exceeding the $0.93 consensus estimate, while revenue rose 5% year over year to $990.6 million. Analysts maintain a consensus “Hold” rating with an average price target of $48.80.

First Citizens Bank & Trust Co. cut its stake in shares of Sensata Technologies Holding N.V. (NYSE:ST - Free Report) by 64.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,256 shares of the scientific and technical instruments company's stock after selling 26,296 shares during the quarter. First Citizens Bank & Trust Co.'s holdings in Sensata Technologies were worth $592,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of ST. Janus Henderson Group PLC raised its position in shares of Sensata Technologies by 1.1% during the first quarter. Janus Henderson Group PLC now owns 10,402,517 shares of the scientific and technical instruments company's stock worth $366,376,000 after purchasing an additional 112,819 shares during the period. Dimensional Fund Advisors LP increased its stake in Sensata Technologies by 1.7% in the 1st quarter. Dimensional Fund Advisors LP now owns 7,391,230 shares of the scientific and technical instruments company's stock worth $260,302,000 after purchasing an additional 125,127 shares in the last quarter. Quantinno Capital Management LP increased its stake in Sensata Technologies by 45.5% in the 1st quarter. Quantinno Capital Management LP now owns 2,402,063 shares of the scientific and technical instruments company's stock worth $84,601,000 after purchasing an additional 750,646 shares in the last quarter. Bank of America Corp DE raised its holdings in Sensata Technologies by 5.7% during the 1st quarter. Bank of America Corp DE now owns 1,766,285 shares of the scientific and technical instruments company's stock worth $62,209,000 after buying an additional 95,874 shares during the period. Finally, Bank of New York Mellon Corp raised its holdings in Sensata Technologies by 29.8% during the 1st quarter. Bank of New York Mellon Corp now owns 1,356,087 shares of the scientific and technical instruments company's stock worth $47,761,000 after buying an additional 311,424 shares during the period. 99.42% of the stock is owned by institutional investors.

Sensata Technologies Stock Down 1.9%

Shares of Sensata Technologies stock opened at $40.54 on Friday. Sensata Technologies Holding N.V. has a 1 year low of $28.16 and a 1 year high of $53.89. The company has a market cap of $5.90 billion, a P/E ratio of 11.41, a P/E/G ratio of 1.24 and a beta of 1.25. The company has a current ratio of 2.29, a quick ratio of 1.58 and a debt-to-equity ratio of 0.83. The stock has a 50-day moving average price of $42.59 and a 200 day moving average price of $44.31.

Sensata Technologies (NYSE:ST - Get Free Report) last released its earnings results on Wednesday, July 29th. The scientific and technical instruments company reported $0.98 earnings per share for the quarter, beating the consensus estimate of $0.93 by $0.05. The company had revenue of $990.60 million for the quarter, compared to analysts' expectations of $970.39 million. Sensata Technologies had a return on equity of 18.68% and a net margin of 2.37%. The business's revenue for the quarter was up 5.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.87 EPS. Sensata Technologies has set its Q3 2026 guidance at 0.930-0.970 EPS. As a group, analysts expect that Sensata Technologies Holding N.V. will post 3.77 EPS for the current fiscal year.

Sensata Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, August 26th. Investors of record on Wednesday, August 12th were issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 1.2%. The ex-dividend date was Wednesday, August 12th. Sensata Technologies's dividend payout ratio (DPR) is currently 80.00%.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the stock. Wall Street Zen lowered shares of Sensata Technologies from a "strong-buy" rating to a "buy" rating in a research note on Sunday, September 20th. Bank of America lifted their target price on shares of Sensata Technologies from $46.00 to $48.00 and gave the stock a "neutral" rating in a research report on Thursday, July 9th. Barclays boosted their price target on shares of Sensata Technologies from $53.00 to $55.00 and gave the company an "equal weight" rating in a report on Monday, August 3rd. UBS Group cut their price target on shares of Sensata Technologies from $57.00 to $54.00 and set a "buy" rating on the stock in a report on Wednesday, October 7th. Finally, Weiss Ratings downgraded shares of Sensata Technologies from a "hold (c)" rating to a "hold (c-)" rating in a research report on Thursday, July 30th. Four research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, Sensata Technologies currently has a consensus rating of "Hold" and a consensus price target of $48.80.

Sensata Technologies Profile

Sensata Technologies Holding plc NYSE: ST is an industrial technology company that develops and manufactures sensors, electrical protection components and control systems. Its products are designed to measure and manage conditions such as pressure, temperature, position, speed, force, current and fluid levels, helping equipment operate safely and efficiently.

The company serves a range of end markets, including automotive, commercial and off-highway vehicles, aerospace, industrial equipment, heating and air-conditioning systems, and energy management.

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