Sensata Technologies Holding plc (NYSE:ST) Shares Sold by Harvey Investment Co. LLC

Harvey Investment Co. LLC trimmed its position in Sensata Technologies Holding plc (NYSE:ST - Free Report) by 12.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 190,369 shares of the scientific and technical instruments company's stock after selling 28,225 shares during the quarter. Harvey Investment Co. LLC owned about 0.13% of Sensata Technologies worth $7,152,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of ST. Mariner LLC grew its holdings in Sensata Technologies by 1.5% during the first quarter. Mariner LLC now owns 17,405 shares of the scientific and technical instruments company's stock worth $885,000 after acquiring an additional 261 shares during the period. Treasurer of the State of North Carolina grew its holdings in Sensata Technologies by 0.5% during the third 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 during the period. M&T Bank Corp grew its holdings in Sensata Technologies by 5.9% during the third 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 during the period. Advisory Services Network LLC grew its holdings in Sensata Technologies by 13.4% in the first quarter. Advisory Services Network LLC now owns 3,378 shares of the scientific and technical instruments company's stock valued at $169,000 after purchasing an additional 400 shares during the period. Finally, Yousif Capital Management LLC grew its holdings in Sensata Technologies by 9.9% in the first quarter. Yousif Capital Management LLC now owns 4,451 shares of the scientific and technical instruments company's stock valued at $226,000 after purchasing an additional 400 shares during the period. 99.42% of the stock is currently owned by hedge funds and other institutional investors.

Sensata Technologies Trading Down 1.7 %

Sensata Technologies stock traded down $0.61 during trading on Friday, reaching $35.44. 783,927 shares of the company were exchanged, compared to its average volume of 1,575,406. Sensata Technologies Holding plc has a 52-week low of $30.56 and a 52-week high of $48.17. The company has a market capitalization of $5.33 billion, a P/E ratio of -708.66, a PEG ratio of 0.86 and a beta of 1.37. The company has a debt-to-equity ratio of 1.13, a current ratio of 2.55 and a quick ratio of 1.69. The stock's 50 day simple moving average is $35.05 and its two-hundred day simple moving average is $34.98.

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

Sensata Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, February 28th. Shareholders of record on Wednesday, February 14th were given a $0.12 dividend. The ex-dividend date of this dividend was Tuesday, February 13th. This represents a $0.48 dividend on an annualized basis and a yield of 1.35%. Sensata Technologies's dividend payout ratio is currently -959.81%.

Analyst Ratings Changes

Several analysts have commented on the company. Bank of America lowered Sensata Technologies from a "buy" rating to a "neutral" rating and dropped their price objective for the company from $46.00 to $38.00 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 price objective on the stock in a report on Tuesday, January 30th. Stifel Nicolaus lowered their price target on Sensata Technologies from $40.00 to $36.00 and set a "hold" rating on the stock in a research note on Wednesday, February 7th. Truist Financial lowered their price target on Sensata Technologies from $39.00 to $36.00 and set a "hold" rating on the stock in a research note on Wednesday, February 7th. Finally, JPMorgan Chase & Co. lowered Sensata Technologies from a "neutral" rating to an "underweight" rating and lowered their price target for the stock from $37.00 to $34.00 in a research note on Monday, January 8th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $39.67.

About Sensata Technologies

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.