Fuller & Thaler Asset Management Inc. Buys 2,587,183 Shares of Sensata Technologies Holding plc (NYSE:ST)

Fuller & Thaler Asset Management Inc. raised its holdings in shares of Sensata Technologies Holding plc (NYSE:ST - Free Report) by 96.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,260,870 shares of the scientific and technical instruments company's stock after purchasing an additional 2,587,183 shares during the period. Fuller & Thaler Asset Management Inc. owned 3.52% of Sensata Technologies worth $144,148,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the business. Blue Trust Inc. increased its stake in shares of Sensata Technologies by 738.7% during the fourth quarter. Blue Trust Inc. now owns 931 shares of the scientific and technical instruments company's stock valued at $26,000 after buying an additional 820 shares during the period. Brown Brothers Harriman & Co. purchased a new position in shares of Sensata Technologies during the fourth quarter valued at approximately $27,000. Venturi Wealth Management LLC increased its stake in shares of Sensata Technologies by 67.6% during 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. Parkside Financial Bank & Trust increased its stake in shares of Sensata Technologies by 48.2% during the fourth quarter. Parkside Financial Bank & Trust now owns 2,523 shares of the scientific and technical instruments company's stock valued at $69,000 after buying an additional 820 shares during the period. Finally, Headlands Technologies LLC grew its stake in Sensata Technologies by 524.8% in the fourth quarter. Headlands Technologies LLC now owns 2,768 shares of the scientific and technical instruments company's stock worth $76,000 after purchasing an additional 2,325 shares during the period. 99.42% of the stock is currently owned by institutional investors.

Sensata Technologies Stock Performance

Shares of NYSE:ST traded down $0.12 during midday trading on Monday, reaching $21.17. 259,010 shares of the company's stock traded hands, compared to its average volume of 1,877,985. The company has a market cap of $3.17 billion, a price-to-earnings ratio of 25.19, a P/E/G ratio of 1.25 and a beta of 1.12. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.99 and a current ratio of 2.85. Sensata Technologies Holding plc has a one year low of $17.32 and a one year high of $43.14. The stock has a 50 day moving average of $24.56 and a 200 day moving average of $28.36.

Sensata Technologies (NYSE:ST - Get Free Report) last announced its quarterly earnings results on Tuesday, February 11th. The scientific and technical instruments company reported $0.76 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.76. Sensata Technologies had a return on equity of 17.54% and a net margin of 3.27%. As a group, equities research analysts anticipate that Sensata Technologies Holding plc will post 3.21 EPS for the current fiscal year.

Sensata Technologies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, May 28th. Shareholders of record on Wednesday, May 14th will be issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 2.27%. The ex-dividend date of this dividend is Wednesday, May 14th. Sensata Technologies's dividend payout ratio is 57.14%.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on ST shares. Wells Fargo & Company started coverage on Sensata Technologies in a research note on Friday. They issued an "equal weight" rating and a $20.00 price target on the stock. Robert W. Baird reduced their price target on Sensata Technologies from $24.00 to $23.00 and set a "neutral" rating on the stock in a research note on Tuesday, April 15th. Evercore ISI cut Sensata Technologies from an "outperform" rating to an "inline" rating and reduced their price target for the stock from $40.00 to $27.00 in a research note on Thursday, April 3rd. The Goldman Sachs Group raised Sensata Technologies from a "neutral" rating to a "buy" rating and reduced their price target for the stock from $31.00 to $27.00 in a research note on Thursday, April 10th. Finally, JPMorgan Chase & Co. cut their target price on Sensata Technologies from $27.00 to $21.00 and set an "underweight" rating on the stock in a research note on Thursday, April 17th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, Sensata Technologies presently has a consensus rating of "Hold" and a consensus price target of $33.33.

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.