Two Sigma Advisers LP Purchases 23,100 Shares of Sensata Technologies Holding plc (NYSE:ST)

Two Sigma Advisers LP boosted its stake in Sensata Technologies Holding plc (NYSE:ST - Free Report) by 316.4% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 30,400 shares of the scientific and technical instruments company's stock after buying an additional 23,100 shares during the period. Two Sigma Advisers LP's holdings in Sensata Technologies were worth $833,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the stock. Arizona State Retirement System increased its stake in shares of Sensata Technologies by 0.9% during the fourth quarter. Arizona State Retirement System now owns 43,810 shares of the scientific and technical instruments company's stock valued at $1,200,000 after acquiring an additional 405 shares during the period. Treasurer of the State of North Carolina boosted its stake in Sensata Technologies by 0.6% during the 4th quarter. Treasurer of the State of North Carolina now owns 65,706 shares of the scientific and technical instruments company's stock valued at $1,800,000 after purchasing an additional 420 shares in the last quarter. Cullen Capital Management LLC increased its position in shares of Sensata Technologies by 1.9% during the 4th quarter. Cullen Capital Management LLC now owns 31,111 shares of the scientific and technical instruments company's stock valued at $852,000 after purchasing an additional 590 shares during the period. Jones Financial Companies Lllp raised its stake in shares of Sensata Technologies by 9.4% in the 4th quarter. Jones Financial Companies Lllp now owns 7,751 shares of the scientific and technical instruments company's stock worth $212,000 after buying an additional 668 shares in the last quarter. Finally, Venturi Wealth Management LLC lifted its holdings in shares of Sensata Technologies by 67.6% in the fourth quarter. Venturi Wealth Management LLC now owns 2,026 shares of the scientific and technical instruments company's stock valued at $56,000 after buying an additional 817 shares during the period. Institutional investors and hedge funds own 99.42% of the company's stock.

Wall Street Analysts Forecast Growth

ST has been the topic of several research reports. JPMorgan Chase & Co. dropped their price target on shares of Sensata Technologies from $27.00 to $21.00 and set an "underweight" rating on the stock in a research report on Thursday, April 17th. Robert W. Baird cut their target price on shares of Sensata Technologies from $24.00 to $23.00 and set a "neutral" rating for the company in a research note on Tuesday, April 15th. Wall Street Zen cut Sensata Technologies from a "buy" rating to a "hold" rating in a report on Sunday, June 1st. Oppenheimer cut their price objective on Sensata Technologies from $44.00 to $40.00 and set an "outperform" rating on the stock in a report on Thursday, February 13th. Finally, UBS Group cut their price target on shares of Sensata Technologies from $37.00 to $30.00 and set a "buy" rating on the stock in a report on Thursday, April 10th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have assigned a buy rating to the company's stock. According to data from MarketBeat.com, Sensata Technologies currently has a consensus rating of "Hold" and a consensus target price of $34.08.

Insider Transactions at Sensata Technologies

In other Sensata Technologies news, Director Andrew C. Teich acquired 9,925 shares of the company's stock in a transaction on Friday, May 23rd. The stock was acquired at an average price of $25.19 per share, for a total transaction of $250,010.75. Following the purchase, the director now directly owns 41,117 shares of the company's stock, valued at $1,035,737.23. This trade represents a 31.82% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.89% of the company's stock.

Sensata Technologies Stock Performance

Shares of Sensata Technologies stock traded up $0.52 during trading on Friday, hitting $27.03. 1,093,787 shares of the stock were exchanged, compared to its average volume of 1,687,907. Sensata Technologies Holding plc has a 1-year low of $17.32 and a 1-year high of $42.33. The stock has a market capitalization of $3.95 billion, a price-to-earnings ratio of 32.18, a price-to-earnings-growth ratio of 1.25 and a beta of 1.10. The company has a fifty day moving average price of $22.94 and a 200-day moving average price of $26.59. The company has a current ratio of 2.85, a quick ratio of 1.99 and a debt-to-equity ratio of 1.11.

Sensata Technologies (NYSE:ST - Get Free Report) last posted its quarterly earnings results on Thursday, May 8th. The scientific and technical instruments company reported $0.78 earnings per share for the quarter, beating analysts' consensus estimates of $0.72 by $0.06. Sensata Technologies had a return on equity of 17.54% and a net margin of 3.27%. The business had revenue of $911.26 million for the quarter, compared to analysts' expectations of $878.39 million. During the same quarter in the prior year, the business earned $0.89 EPS. The firm's revenue for the quarter was down 9.5% on a year-over-year basis. As a group, equities analysts predict that Sensata Technologies Holding plc will post 3.21 EPS for the current fiscal year.

Sensata Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, May 28th. Shareholders of record on Wednesday, May 14th were given a dividend of $0.12 per share. The ex-dividend date was Wednesday, May 14th. This represents a $0.48 annualized dividend and a yield of 1.78%. Sensata Technologies's dividend payout ratio (DPR) is presently 59.26%.

Sensata Technologies 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.