Northern Trust Corp Grows Holdings in Sensata Technologies Holding plc (NYSE:ST)

Northern Trust Corp boosted its holdings in Sensata Technologies Holding plc (NYSE:ST - Free Report) by 6.4% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,793,392 shares of the scientific and technical instruments company's stock after acquiring an additional 108,555 shares during the quarter. Northern Trust Corp owned 1.20% of Sensata Technologies worth $49,139,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of ST. Blue Trust Inc. increased its position in shares of Sensata Technologies by 738.7% in the fourth quarter. Blue Trust Inc. now owns 931 shares of the scientific and technical instruments company's stock worth $26,000 after purchasing an additional 820 shares during the last quarter. Brown Brothers Harriman & Co. purchased a new position in Sensata Technologies in the 4th quarter worth approximately $27,000. Venturi Wealth Management LLC increased its holdings in shares of Sensata Technologies by 67.6% in the 4th quarter. Venturi Wealth Management LLC now owns 2,026 shares of the scientific and technical instruments company's stock worth $56,000 after buying an additional 817 shares during the last quarter. Parkside Financial Bank & Trust raised its position in shares of Sensata Technologies by 48.2% during the 4th 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 in the last quarter. Finally, Headlands Technologies LLC lifted its holdings in shares of Sensata Technologies by 524.8% during the 4th quarter. Headlands Technologies LLC now owns 2,768 shares of the scientific and technical instruments company's stock worth $76,000 after acquiring an additional 2,325 shares during the last quarter. Hedge funds and other institutional investors own 99.42% of the company's stock.

Sensata Technologies Trading Up 13.8 %

ST traded up $3.10 during midday trading on Friday, reaching $25.56. 2,991,544 shares of the company's stock traded hands, compared to its average volume of 1,710,224. The stock has a market capitalization of $3.74 billion, a price-to-earnings ratio of 30.43, a P/E/G ratio of 1.25 and a beta of 1.02. Sensata Technologies Holding plc has a 52 week low of $17.32 and a 52 week high of $43.14. The firm has a fifty day moving average of $23.19 and a two-hundred day moving average of $27.46. The company has a debt-to-equity ratio of 1.11, a current ratio of 2.85 and a quick ratio of 1.99.

Sensata Technologies (NYSE:ST - Get Free Report) last announced its quarterly earnings results on Thursday, May 8th. The scientific and technical instruments company reported $0.78 EPS for the quarter, topping 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 company had revenue of $911.26 million during the quarter, compared to analyst estimates of $878.39 million. During the same quarter last year, the firm posted $0.89 earnings per share. The firm's revenue was down 9.5% on a year-over-year basis. On average, equities analysts anticipate that Sensata Technologies Holding plc will post 3.21 earnings per share for the current fiscal year.

Sensata Technologies Dividend Announcement

The business also recently disclosed 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. The ex-dividend date is Wednesday, May 14th. This represents a $0.48 annualized dividend and a yield of 1.88%. Sensata Technologies's dividend payout ratio (DPR) is presently 59.26%.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the company. Wells Fargo & Company initiated coverage on Sensata Technologies in a research note on Friday, April 25th. They set an "equal weight" rating and a $20.00 price target for the company. Oppenheimer dropped their target price on Sensata Technologies from $44.00 to $40.00 and set an "outperform" rating for the company in a research report on Thursday, February 13th. The Goldman Sachs Group lifted their price target on shares of Sensata Technologies from $27.00 to $30.00 and gave the stock a "buy" rating in a research note on Friday. Evercore ISI cut shares of Sensata Technologies from an "outperform" rating to an "inline" rating and cut their price objective for the company from $40.00 to $27.00 in a research note on Thursday, April 3rd. Finally, JPMorgan Chase & Co. decreased their target price 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. One analyst has rated the stock with a sell rating, six have assigned a hold rating and five have given a buy rating to the company. According to MarketBeat.com, Sensata Technologies presently has a consensus rating of "Hold" and a consensus target price of $33.58.

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.