VeriStar Capital Management LP Sells 49,290 Shares of Sensata Technologies Holding N.V. $ST

Key Points

• VeriStar Capital Management LP reduced its stake in Sensata Technologies by 41.3%, bringing its holdings to 70,000 shares valued at approximately $1.70 million, making it the 13th largest holding in their portfolio.
• Several institutional investors have increased their positions in Sensata Technologies, with notable boosts including Signaturefd LLC, which raised its stake by 515.5%.
• Sensata Technologies reported earnings of $0.87 EPS for the last quarter, exceeding analyst estimates, despite an 8.9% year-over-year decline in revenue.

VeriStar Capital Management LP lessened its stake in Sensata Technologies Holding N.V. (NYSE:ST - Free Report) by 41.3% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 70,000 shares of the scientific and technical instruments company's stock after selling 49,290 shares during the period. Sensata Technologies makes up about 3.1% of VeriStar Capital Management LP's holdings, making the stock its 13th biggest holding. VeriStar Capital Management LP's holdings in Sensata Technologies were worth $1,699,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Northern Trust Corp lifted its holdings in shares of Sensata Technologies by 6.4% in the 4th quarter. Northern Trust Corp now owns 1,793,392 shares of the scientific and technical instruments company's stock worth $49,139,000 after acquiring an additional 108,555 shares during the last quarter. AXA S.A. grew its position in shares of Sensata Technologies by 1.8% in the 4th quarter. AXA S.A. now owns 197,133 shares of the scientific and technical instruments company's stock worth $5,401,000 after buying an additional 3,484 shares during the period. BNP Paribas Financial Markets grew its position in shares of Sensata Technologies by 392.0% in the 4th quarter. BNP Paribas Financial Markets now owns 158,727 shares of the scientific and technical instruments company's stock worth $4,349,000 after buying an additional 126,463 shares during the period. Bayesian Capital Management LP purchased a new stake in shares of Sensata Technologies in the 4th quarter worth about $356,000. Finally, Balyasny Asset Management L.P. grew its position in shares of Sensata Technologies by 34.1% in the 4th quarter. Balyasny Asset Management L.P. now owns 533,270 shares of the scientific and technical instruments company's stock worth $14,612,000 after buying an additional 135,637 shares during the period. Hedge funds and other institutional investors own 99.42% of the company's stock.

Analysts Set New Price Targets

A number of analysts have recently weighed in on ST shares. JPMorgan Chase & Co. upped their target price on shares of Sensata Technologies from $23.00 to $32.00 and gave the stock an "underweight" rating in a research report on Thursday, July 17th. Evercore ISI increased their price objective on shares of Sensata Technologies from $27.00 to $30.00 and gave the company an "in-line" rating in a research report on Wednesday, July 30th. Bank of America increased their price objective on shares of Sensata Technologies from $27.00 to $32.00 and gave the company a "neutral" rating in a research report on Wednesday, July 16th. Wall Street Zen raised shares of Sensata Technologies from a "hold" rating to a "buy" rating in a research report on Saturday, August 2nd. Finally, Wells Fargo & Company increased their price objective on shares of Sensata Technologies from $30.00 to $33.00 and gave the company an "equal weight" rating in a research report on Wednesday, July 30th. Four investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $34.64.

Sensata Technologies Stock Performance

ST traded down $0.23 during midday trading on Friday, hitting $32.02. 1,407,859 shares of the company traded hands, compared to its average volume of 1,218,215. 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 firm has a market capitalization of $4.66 billion, a PE ratio of 42.69, a price-to-earnings-growth ratio of 1.26 and a beta of 1.13. The company's 50-day moving average is $31.75 and its 200 day moving average is $27.53. 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 posted its earnings results on Tuesday, July 29th. The scientific and technical instruments company reported $0.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.84 by $0.03. The business had revenue of $943.38 million for the quarter, compared to analysts' expectations of $928.25 million. Sensata Technologies had a net margin of 2.97% and a return on equity of 16.88%. The business's revenue for the quarter was down 8.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.93 EPS. Sensata Technologies has set its Q3 2025 guidance at 0.810-0.87 EPS. On average, research analysts expect that Sensata Technologies Holding N.V. will post 3.21 EPS for the current year.

Sensata Technologies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, August 27th. Stockholders of record on Wednesday, August 13th were paid a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 1.5%. The ex-dividend date was Wednesday, August 13th. Sensata Technologies's dividend payout ratio is 64.00%.

Sensata Technologies Company 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.