Northern Trust Corp Has $49.14 Million Holdings in Sensata Technologies Holding plc (NYSE:ST)

Northern Trust Corp grew its holdings in shares of Sensata Technologies Holding plc (NYSE:ST - Free Report) by 6.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,793,392 shares of the scientific and technical instruments company's stock after purchasing an additional 108,555 shares during the quarter. Northern Trust Corp owned about 1.20% of Sensata Technologies worth $49,139,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Quarry LP boosted its holdings in shares of Sensata Technologies by 286.1% during the 4th quarter. Quarry LP now owns 6,618 shares of the scientific and technical instruments company's stock worth $181,000 after buying an additional 4,904 shares during the period. Aquatic Capital Management LLC boosted its holdings in shares of Sensata Technologies by 3.8% during the 4th quarter. Aquatic Capital Management LLC now owns 67,388 shares of the scientific and technical instruments company's stock worth $1,846,000 after buying an additional 2,488 shares during the period. Oxford Asset Management LLP bought a new stake in shares of Sensata Technologies during the 4th quarter worth $289,000. Arnhold LLC boosted its holdings in shares of Sensata Technologies by 4.6% during the 4th quarter. Arnhold LLC now owns 447,877 shares of the scientific and technical instruments company's stock worth $12,272,000 after buying an additional 19,865 shares during the period. Finally, Analog Century Management LP boosted its holdings in shares of Sensata Technologies by 3.6% during the 4th quarter. Analog Century Management LP now owns 1,353,206 shares of the scientific and technical instruments company's stock worth $37,078,000 after buying an additional 47,204 shares during the period. Institutional investors own 99.42% of the company's stock.

Wall Street Analyst Weigh In

ST has been the topic of several research reports. Oppenheimer dropped their price objective on shares of Sensata Technologies from $44.00 to $40.00 and set an "outperform" rating on the stock in a report on Thursday, February 13th. Evercore ISI downgraded shares of Sensata Technologies from an "outperform" rating to an "inline" rating and dropped their price objective for the stock from $40.00 to $27.00 in a report on Thursday, April 3rd. UBS Group dropped their price objective on shares of Sensata Technologies from $37.00 to $30.00 and set a "buy" rating on the stock in a report on Thursday, April 10th. JPMorgan Chase & Co. dropped their price objective on shares of Sensata Technologies from $27.00 to $21.00 and set an "underweight" rating on the stock in a report on Thursday, April 17th. Finally, Wells Fargo & Company initiated coverage on shares of Sensata Technologies in a report on Friday, April 25th. They set an "equal weight" rating and a $20.00 price objective on the stock. One analyst has rated the stock with a sell rating, six have given a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, Sensata Technologies currently has an average rating of "Hold" and a consensus target price of $33.58.

Sensata Technologies Price Performance

Shares of NYSE:ST traded up $0.96 during midday trading on Tuesday, reaching $28.63. 567,693 shares of the company's stock were exchanged, compared to its average volume of 1,710,237. The company's 50 day simple moving average is $23.20 and its two-hundred day simple moving average is $27.36. The firm has a market capitalization of $4.19 billion, a PE ratio of 34.08, a price-to-earnings-growth ratio of 1.25 and a beta of 1.02. Sensata Technologies Holding plc has a 12 month low of $17.32 and a 12 month high of $43.14. 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 (NYSE:ST - Get Free Report) last announced its quarterly earnings results on Thursday, May 8th. The scientific and technical instruments company reported $0.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.72 by $0.06. The firm had revenue of $911.26 million during the quarter, compared to the consensus estimate of $878.39 million. Sensata Technologies had a net margin of 3.27% and a return on equity of 17.54%. The firm's quarterly revenue was down 9.5% on a year-over-year basis. During the same period last year, the firm posted $0.89 EPS. Equities research analysts expect that Sensata Technologies Holding plc will post 3.21 earnings per share for the current fiscal year.

Sensata Technologies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, May 28th. Shareholders of record on Wednesday, May 14th will be given a $0.12 dividend. The ex-dividend date is Wednesday, May 14th. This represents a $0.48 dividend on an annualized basis and a yield of 1.68%. Sensata Technologies's dividend payout ratio (DPR) is presently 59.26%.

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.