Kempner Capital Management Inc. Boosts Stock Position in Sensata Technologies Holding plc (NYSE:ST)

Kempner Capital Management Inc. grew its stake in Sensata Technologies Holding plc (NYSE:ST - Free Report) by 99.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 85,823 shares of the scientific and technical instruments company's stock after purchasing an additional 42,867 shares during the quarter. Sensata Technologies makes up about 1.8% of Kempner Capital Management Inc.'s holdings, making the stock its 29th largest position. Kempner Capital Management Inc. owned approximately 0.06% of Sensata Technologies worth $3,224,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of ST. Select Equity Group L.P. lifted its holdings in Sensata Technologies by 88.2% during the fourth quarter. Select Equity Group L.P. now owns 9,852,952 shares of the scientific and technical instruments company's stock worth $397,862,000 after acquiring an additional 4,616,942 shares during the period. Shapiro Capital Management LLC lifted its holdings in Sensata Technologies by 319.7% during the fourth quarter. Shapiro Capital Management LLC now owns 4,132,092 shares of the scientific and technical instruments company's stock worth $166,854,000 after acquiring an additional 3,147,593 shares during the period. Millennium Management LLC lifted its holdings in Sensata Technologies by 105.3% during the fourth quarter. Millennium Management LLC now owns 2,677,663 shares of the scientific and technical instruments company's stock worth $108,124,000 after acquiring an additional 1,373,199 shares during the period. AQR Capital Management LLC lifted its holdings in Sensata Technologies by 172.5% during the third quarter. AQR Capital Management LLC now owns 1,928,193 shares of the scientific and technical instruments company's stock worth $72,924,000 after acquiring an additional 1,220,599 shares during the period. Finally, Alliancebernstein L.P. lifted its holdings in Sensata Technologies by 41.8% during the second quarter. Alliancebernstein L.P. now owns 3,924,758 shares of the scientific and technical instruments company's stock worth $176,575,000 after acquiring an additional 1,156,690 shares during the period. Institutional investors own 99.42% of the company's stock.

Sensata Technologies Stock Performance

Shares of NYSE ST traded down $0.61 during mid-day trading on Friday, hitting $35.44. The company had a trading volume of 783,927 shares, compared to its average volume of 1,575,406. The company has a market capitalization of $5.33 billion, a price-to-earnings ratio of -708.66, a P/E/G ratio of 0.87 and a beta of 1.37. Sensata Technologies Holding plc has a 1 year low of $30.56 and a 1 year high of $48.17. The company has a current ratio of 2.55, a quick ratio of 1.69 and a debt-to-equity ratio of 1.13. The stock's 50-day moving average price is $35.05 and its 200-day moving average price is $35.00.

Sensata Technologies (NYSE:ST - Get Free Report) last announced 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 company had revenue of $992.50 million during 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%. Sensata Technologies's revenue for the quarter was down 2.2% compared to the same quarter last year. During the same quarter last year, the firm posted $0.96 earnings per share. On average, sell-side analysts forecast that Sensata Technologies Holding plc will post 3.74 earnings per share for the current year.

Sensata Technologies Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, February 28th. Stockholders of record on Wednesday, February 14th were given a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 1.35%. The ex-dividend date of this dividend was Tuesday, February 13th. Sensata Technologies's dividend payout ratio (DPR) is presently -959.81%.

Analysts Set New Price Targets

A number of analysts recently commented on ST shares. Truist Financial dropped their price target on Sensata Technologies from $39.00 to $36.00 and set a "hold" rating on the stock in a report on Wednesday, February 7th. Oppenheimer raised Sensata Technologies from a "market perform" rating to an "outperform" rating and set a $50.00 target price for the company in a research report on Tuesday, January 30th. Stifel Nicolaus decreased their target price 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. Bank of America downgraded Sensata Technologies from a "buy" rating to a "neutral" rating and decreased their target price for the stock from $46.00 to $38.00 in a research report on Wednesday, February 7th. Finally, JPMorgan Chase & Co. downgraded Sensata Technologies from a "neutral" rating to an "underweight" rating and decreased their target price for the stock 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 assigned a buy rating to the company. According to data from MarketBeat, Sensata Technologies presently has a consensus rating of "Hold" and a consensus price target of $39.67.

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.