Gradient Investments LLC Has $39,000 Position in Sensata Technologies Holding plc (NYSE:ST)

Gradient Investments LLC cut its position in shares of Sensata Technologies Holding plc (NYSE:ST - Free Report) by 99.6% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,031 shares of the scientific and technical instruments company's stock after selling 275,510 shares during the period. Gradient Investments LLC's holdings in Sensata Technologies were worth $39,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Mariner LLC raised its position in Sensata Technologies by 1.5% during the 1st quarter. Mariner LLC now owns 17,405 shares of the scientific and technical instruments company's stock valued at $885,000 after purchasing an additional 261 shares in the last quarter. Treasurer of the State of North Carolina raised its position in shares of Sensata Technologies by 0.5% in the 3rd quarter. Treasurer of the State of North Carolina now owns 66,248 shares of the scientific and technical instruments company's stock worth $2,505,000 after acquiring an additional 340 shares in the last quarter. M&T Bank Corp raised its position in shares of Sensata Technologies by 5.9% in the 3rd quarter. M&T Bank Corp now owns 6,250 shares of the scientific and technical instruments company's stock worth $233,000 after acquiring an additional 350 shares in the last quarter. Advisory Services Network LLC raised its position in shares of Sensata Technologies by 13.4% in the 1st quarter. Advisory Services Network LLC now owns 3,378 shares of the scientific and technical instruments company's stock worth $169,000 after acquiring an additional 400 shares in the last quarter. Finally, Yousif Capital Management LLC raised its position in shares of Sensata Technologies by 9.9% in the 1st quarter. Yousif Capital Management LLC now owns 4,451 shares of the scientific and technical instruments company's stock worth $226,000 after acquiring an additional 400 shares in the last quarter. 99.42% of the stock is owned by institutional investors.

Sensata Technologies Stock Down 0.8 %

NYSE:ST traded down $0.29 during mid-day trading on Monday, hitting $36.45. 1,380,852 shares of the company's stock traded hands, compared to its average volume of 2,215,936. The company has a fifty day moving average of $34.96 and a 200 day moving average of $35.03. Sensata Technologies Holding plc has a twelve month low of $30.56 and a twelve month high of $50.11. The company has a market capitalization of $5.48 billion, a P/E ratio of -734.65, a P/E/G ratio of 0.89 and a beta of 1.37. The company has a debt-to-equity ratio of 1.13, a quick ratio of 1.69 and a current ratio of 2.55.

Sensata Technologies (NYSE:ST - Get Free Report) last posted its quarterly earnings results on Tuesday, February 6th. The scientific and technical instruments company reported $0.81 earnings per share for the quarter, missing the consensus estimate of $0.86 by ($0.05). The firm had revenue of $992.50 million for the quarter, compared to analysts' expectations of $978.05 million. Sensata Technologies had a negative net margin of 0.10% and a positive return on equity of 17.47%. The firm's revenue for the quarter was down 2.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.96 EPS. On average, analysts forecast that Sensata Technologies Holding plc will post 3.74 EPS for the current year.

Sensata Technologies Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, February 28th. Shareholders of record on Wednesday, February 14th were paid a dividend of $0.12 per share. The ex-dividend date of this dividend was Tuesday, February 13th. This represents a $0.48 annualized dividend and a yield of 1.32%. Sensata Technologies's payout ratio is presently -959.81%.

Analysts Set New Price Targets

Several research firms have recently commented on ST. Bank of America lowered Sensata Technologies from a "buy" rating to a "neutral" rating and reduced their price target for the stock from $46.00 to $38.00 in a research report on Wednesday, February 7th. Truist Financial reduced their price target on Sensata Technologies from $39.00 to $36.00 and set a "hold" rating for the company in a research report on Wednesday, February 7th. Oppenheimer raised Sensata Technologies from a "market perform" rating to an "outperform" rating and set a $50.00 price target for the company in a research report on Tuesday, January 30th. Stifel Nicolaus reduced their price target on Sensata Technologies from $40.00 to $36.00 and set a "hold" rating for the company in a research report on Wednesday, February 7th. Finally, JPMorgan Chase & Co. lowered Sensata Technologies from a "neutral" rating to an "underweight" rating and reduced their target price for the company from $37.00 to $34.00 in a research report on Monday, January 8th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $39.67.

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.