VIRGINIA RETIREMENT SYSTEMS ET Al Takes Position in Sensata Technologies Holding N.V. $ST

Key Points

• Virginia Retirement Systems purchased 101,050 Sensata Technologies shares worth approximately $4.8 million, while institutional investors collectively own 99.42% of the company.
• Analyst sentiment remains mixed: Sensata has an average “Hold” rating and a consensus price target of $49.10, with targets ranging from $48 to $60.
• Sensata exceeded quarterly earnings and revenue expectations, reporting $0.98 in EPS on $990.6 million in revenue; the company also maintains a quarterly dividend of $0.12 per share, yielding about 1.1%.

VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in shares of Sensata Technologies Holding N.V. (NYSE:ST - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 101,050 shares of the scientific and technical instruments company's stock, valued at approximately $4,824,000. VIRGINIA RETIREMENT SYSTEMS ET Al owned approximately 0.07% of Sensata Technologies at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Medina Value Partners LLC acquired a new position in Sensata Technologies during the 4th quarter worth $3,753,000. Strategic Global Advisors LLC raised its stake in shares of Sensata Technologies by 92.3% in the 4th quarter. Strategic Global Advisors LLC now owns 298,367 shares of the scientific and technical instruments company's stock valued at $9,933,000 after purchasing an additional 143,227 shares in the last quarter. Handelsbanken Fonder AB lifted its position in shares of Sensata Technologies by 113.5% during the fourth quarter. Handelsbanken Fonder AB now owns 487,232 shares of the scientific and technical instruments company's stock worth $16,220,000 after purchasing an additional 258,997 shares during the last quarter. Hudson Edge Investment Partners Inc. bought a new position in shares of Sensata Technologies during the first quarter worth about $951,000. Finally, Intech Investment Management LLC acquired a new position in Sensata Technologies in the fourth quarter worth about $4,379,000. Institutional investors own 99.42% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on ST shares. Bank of America upped their price objective on Sensata Technologies from $46.00 to $48.00 and gave the company a "neutral" rating in a research note on Thursday, July 9th. Weiss Ratings downgraded Sensata Technologies from a "hold (c)" rating to a "hold (c-)" rating in a report on Thursday, July 30th. The Goldman Sachs Group upped their price target on Sensata Technologies from $48.00 to $60.00 and gave the company a "buy" rating in a research report on Tuesday, May 26th. UBS Group reaffirmed a "buy" rating and issued a $57.00 price objective on shares of Sensata Technologies in a report on Tuesday, June 2nd. Finally, Barclays increased their target price on shares of Sensata Technologies from $53.00 to $55.00 and gave the stock an "equal weight" rating in a report on Monday, August 3rd. Four investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, Sensata Technologies presently has an average rating of "Hold" and a consensus target price of $49.10.

Sensata Technologies Stock Down 1.2%

Sensata Technologies stock opened at $42.57 on Wednesday. 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 one year low of $28.16 and a one year high of $53.89. The company has a 50-day simple moving average of $44.69 and a 200-day simple moving average of $43.05. The firm has a market capitalization of $6.20 billion, a P/E ratio of 70.96, a P/E/G ratio of 1.29 and a beta of 1.25.

Sensata Technologies (NYSE:ST - Get Free Report) last issued its quarterly earnings data 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 firm had revenue of $990.60 million for the quarter, compared to the consensus estimate of $970.39 million. Sensata Technologies had a net margin of 2.37% and a return on equity of 18.68%. Sensata Technologies's quarterly revenue was up 5.0% compared to the same quarter last year. During the same period last year, the firm posted $0.87 EPS. Sensata Technologies has set its Q3 2026 guidance at 0.930-0.970 EPS. As a group, equities analysts expect that Sensata Technologies Holding N.V. will post 3.77 earnings per share for the current year.

Sensata Technologies Dividend Announcement

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

Sensata Technologies Profile

Sensata Technologies Holdings N.V. is a global industrial technology company specializing in the design, development and manufacture of sensors and electrical protection solutions. The company's product portfolio includes pressure, temperature, position, speed, current and magnetic sensors, as well as circuit breakers and other protection devices. Sensata's offerings serve a wide array of end markets, with a particularly strong presence in automotive original equipment manufacturers (OEMs), industrial automation, heating, ventilation and air conditioning (HVAC), commercial aerospace and renewable energy sectors.

Headquartered in Attleboro, Massachusetts, Sensata operates a network of manufacturing and engineering facilities across North America, Europe, Asia Pacific and Latin America.

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