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 reduced its holdings in shares of Sensata Technologies Holding N.V. (NYSE:ST - Free Report) by 41.3% during the 1st quarter, according to the company in its most recent 13F filing with the 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 comprises about 3.1% of VeriStar Capital Management LP's investment portfolio, making the stock its 13th biggest position. VeriStar Capital Management LP's holdings in Sensata Technologies were worth $1,699,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Northwestern Mutual Wealth Management Co. boosted its position in shares of 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 valued at $25,000 after acquiring an additional 394 shares in the last quarter. Signaturefd LLC boosted its position in shares of Sensata Technologies by 515.5% during the 1st quarter. Signaturefd LLC now owns 1,114 shares of the scientific and technical instruments company's stock valued at $27,000 after acquiring an additional 933 shares in the last quarter. National Bank of Canada FI acquired a new stake in shares of Sensata Technologies during the 1st quarter valued at about $27,000. Brooklyn Investment Group boosted its position in shares of Sensata Technologies by 1,575.0% during the 1st quarter. Brooklyn Investment Group now owns 1,273 shares of the scientific and technical instruments company's stock valued at $31,000 after acquiring an additional 1,197 shares in the last quarter. Finally, Parallel Advisors LLC boosted its position in Sensata Technologies by 278.8% in the first quarter. Parallel Advisors LLC now owns 1,519 shares of the scientific and technical instruments company's stock valued at $37,000 after buying an additional 1,118 shares in the last quarter. 99.42% of the stock is currently owned by institutional investors and hedge funds.

Sensata Technologies Price Performance

Shares of ST stock traded down $0.23 during trading hours on Friday, reaching $32.02. 1,407,859 shares of the company were exchanged, compared to its average volume of 1,204,921. Sensata Technologies Holding N.V. has a fifty-two week low of $17.32 and a fifty-two week high of $37.40. The stock's fifty day moving average is $31.75 and its two-hundred day moving average is $27.56. The company has a market cap of $4.66 billion, a price-to-earnings ratio of 42.69, a P/E/G ratio of 1.27 and a beta of 1.13. The company has a debt-to-equity ratio of 1.11, a current ratio of 2.71 and a quick ratio of 1.94.

Sensata Technologies (NYSE:ST - Get Free Report) last posted its quarterly earnings results on Tuesday, July 29th. The scientific and technical instruments company reported $0.87 earnings per share for the quarter, topping analysts' consensus estimates of $0.84 by $0.03. The business had revenue of $943.38 million during the quarter, compared to the consensus estimate of $928.25 million. Sensata Technologies had a net margin of 2.97% and a return on equity of 16.88%. Sensata Technologies's revenue for the quarter was down 8.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.93 earnings per share. Sensata Technologies has set its Q3 2025 guidance at 0.810-0.87 EPS. Sell-side analysts forecast that Sensata Technologies Holding N.V. will post 3.21 earnings per share for the current fiscal year.

Sensata Technologies Announces Dividend

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

Analyst Upgrades and Downgrades

A number of equities analysts have commented on ST shares. Evercore ISI boosted their price target 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. The Goldman Sachs Group boosted their price target on shares of Sensata Technologies from $27.00 to $30.00 and gave the company a "buy" rating in a research report on Friday, May 9th. JPMorgan Chase & Co. boosted their price target on shares of Sensata Technologies from $23.00 to $32.00 and gave the company an "underweight" rating in a research report on Thursday, July 17th. Truist Financial boosted their price target on shares of Sensata Technologies from $27.00 to $35.00 and gave the company a "hold" rating in a research report on Wednesday, July 30th. Finally, UBS Group boosted their price target on shares of Sensata Technologies from $41.00 to $43.00 and gave the company a "buy" rating in a research report on Wednesday, July 30th. Four research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, the stock currently has an average 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.