Sensata Technologies Holding N.V. $ST Stock: Reinhart Partners LLC. Lowers Holdings

Key Points

• Reinhart Partners cut its Sensata Technologies stake by 16.1% in the third quarter, selling 26,068 shares and retaining 135,707 shares valued at approximately $5.64 million. Institutional investors and hedge funds collectively own 99.42% of the stock.
• Analysts maintain a generally cautious outlook, with Sensata receiving an average rating of “Hold” and a consensus price target of $48.80. UBS lowered its target to $54, while Barclays raised its target to $55.
• Sensata’s latest quarterly results exceeded expectations, with earnings of $0.98 per share and revenue of $990.6 million, up 5% year over year. The company also pays a quarterly dividend of $0.12 per share, representing a 1.1% yield.

Reinhart Partners LLC. trimmed its holdings in Sensata Technologies Holding N.V. (NYSE:ST - Free Report) by 16.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 135,707 shares of the scientific and technical instruments company's stock after selling 26,068 shares during the period. Reinhart Partners LLC. owned about 0.09% of Sensata Technologies worth $5,640,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in ST. Sound Income Strategies LLC boosted its stake in Sensata Technologies by 1.0% during the 3rd quarter. Sound Income Strategies LLC now owns 106,302 shares of the scientific and technical instruments company's stock valued at $4,489,000 after purchasing an additional 1,017 shares during the last quarter. GAMMA Investing LLC raised its stake in shares of Sensata Technologies by 11.5% in the third quarter. GAMMA Investing LLC now owns 11,257 shares of the scientific and technical instruments company's stock worth $468,000 after purchasing an additional 1,165 shares during the last quarter. Elevation Wealth Partners LLC lifted its holdings in shares of Sensata Technologies by 32.3% in the third quarter. Elevation Wealth Partners LLC now owns 1,192 shares of the scientific and technical instruments company's stock valued at $50,000 after purchasing an additional 291 shares in the last quarter. Envestnet Portfolio Solutions Inc. lifted its holdings in shares of Sensata Technologies by 1.3% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 42,515 shares of the scientific and technical instruments company's stock valued at $2,030,000 after purchasing an additional 530 shares in the last quarter. Finally, Engineers Gate Manager LP purchased a new position in shares of Sensata Technologies during the second quarter valued at approximately $4,133,000. 99.42% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the company. Wall Street Zen downgraded Sensata Technologies from a "strong-buy" rating to a "buy" rating in a report on Sunday, September 20th. UBS Group dropped their price objective on Sensata Technologies from $57.00 to $54.00 and set a "buy" rating on the stock in a research note on Wednesday. Wells Fargo & Company lifted their price objective on shares of Sensata Technologies from $48.00 to $49.00 and gave the stock an "equal weight" rating in a report on Thursday, June 25th. Barclays upped their target price on shares of Sensata Technologies from $53.00 to $55.00 and gave the stock an "equal weight" rating in a research note on Monday, August 3rd. Finally, Weiss Ratings lowered 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 assigned a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $48.80.

Sensata Technologies Stock Performance

NYSE ST opened at $42.32 on Friday. The company has a market capitalization of $6.16 billion, a PE ratio of 70.54, a price-to-earnings-growth ratio of 1.26 and a beta of 1.25. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.58 and a current ratio of 2.29. Sensata Technologies Holding N.V. has a 52-week low of $28.16 and a 52-week high of $53.89. The company has a 50-day simple moving average of $43.17 and a 200 day simple moving average of $44.11.

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 analysts' consensus estimates of $0.93 by $0.05. Sensata Technologies had a net margin of 2.37% and a return on equity of 18.68%. The firm had revenue of $990.60 million for the quarter, compared to analysts' expectations of $970.39 million. During the same period in the previous year, the company earned $0.87 earnings per share. The company's quarterly revenue was up 5.0% on a year-over-year basis. Sensata Technologies has set its Q3 2026 guidance at 0.930-0.970 EPS. On average, research analysts predict that Sensata Technologies Holding N.V. will post 3.77 EPS for the current year.

Sensata Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 26th. Shareholders of record on Wednesday, August 12th were issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend was Wednesday, August 12th. Sensata Technologies's dividend payout ratio is 80.00%.

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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