Charles Schwab Investment Management Inc. Has $37.04 Million Stock Holdings in Sensata Technologies Holding plc (NYSE:ST)

Charles Schwab Investment Management Inc. boosted its holdings in shares of Sensata Technologies Holding plc (NYSE:ST - Free Report) by 3.3% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 985,988 shares of the scientific and technical instruments company's stock after acquiring an additional 31,274 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 0.65% of Sensata Technologies worth $37,044,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in ST. Teachers Retirement System of The State of Kentucky bought a new position in shares of Sensata Technologies in the third quarter valued at approximately $1,294,000. Olstein Capital Management L.P. lifted its position in Sensata Technologies by 11.4% during the 4th quarter. Olstein Capital Management L.P. now owns 341,000 shares of the scientific and technical instruments company's stock worth $12,811,000 after acquiring an additional 35,000 shares during the last quarter. Natixis Advisors L.P. boosted its holdings in Sensata Technologies by 39.0% during the fourth quarter. Natixis Advisors L.P. now owns 235,010 shares of the scientific and technical instruments company's stock valued at $8,829,000 after acquiring an additional 65,911 shares during the period. International Assets Investment Management LLC acquired a new stake in shares of Sensata Technologies in the fourth quarter valued at about $1,310,000. Finally, Arnhold LLC bought a new position in shares of Sensata Technologies in the fourth quarter worth about $9,865,000. 99.42% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Sensata Technologies

In related news, Director Ali John Mirshekari bought 73,137 shares of the company's stock in a transaction on Thursday, May 2nd. The stock was bought at an average cost of $39.17 per share, with a total value of $2,864,776.29. Following the completion of the purchase, the director now owns 73,137 shares in the company, valued at approximately $2,864,776.29. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink. Company insiders own 1.00% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages have commented on ST. The Goldman Sachs Group reaffirmed a "neutral" rating and issued a $36.00 price target (down from $44.00) on shares of Sensata Technologies in a research report on Tuesday, April 9th. Bank of America downgraded shares of Sensata Technologies from a "buy" rating to a "neutral" rating and reduced their price target for the company from $46.00 to $38.00 in a report on Wednesday, February 7th. Evercore ISI upgraded shares of Sensata Technologies from an "in-line" rating to an "outperform" rating and boosted their price objective for the stock from $44.00 to $60.00 in a report on Monday, May 6th. Stifel Nicolaus increased their target price on shares of Sensata Technologies from $36.00 to $43.00 and gave the company a "hold" rating in a research note on Tuesday, April 30th. Finally, Truist Financial boosted their price target on Sensata Technologies from $36.00 to $46.00 and gave the company a "hold" rating in a research note on Tuesday, April 30th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and two have given a buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Hold" and an average price target of $43.78.

Sensata Technologies Price Performance

Shares of NYSE:ST traded up $0.01 on Tuesday, hitting $42.55. The stock had a trading volume of 1,259,948 shares, compared to its average volume of 2,224,394. The firm's 50 day moving average price is $37.34 and its 200-day moving average price is $35.44. The company has a debt-to-equity ratio of 1.14, a quick ratio of 1.74 and a current ratio of 2.64. Sensata Technologies Holding plc has a twelve month low of $30.56 and a twelve month high of $47.41. The company has a market capitalization of $6.40 billion, a price-to-earnings ratio of -386.78, a price-to-earnings-growth ratio of 1.03 and a beta of 1.32.

Sensata Technologies (NYSE:ST - Get Free Report) last released its quarterly earnings results on Monday, April 29th. The scientific and technical instruments company reported $0.89 EPS for the quarter, beating analysts' consensus estimates of $0.86 by $0.03. Sensata Technologies had a negative net margin of 0.35% and a positive return on equity of 17.58%. The firm had revenue of $1.01 billion for the quarter, compared to analyst estimates of $986.51 million. During the same period in the previous year, the business earned $0.92 earnings per share. The company's revenue for the quarter was up .9% compared to the same quarter last year. On average, equities research analysts predict that Sensata Technologies Holding plc will post 3.75 earnings per share for the current year.

Sensata Technologies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 22nd. Shareholders of record on Wednesday, May 8th will be paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 1.13%. The ex-dividend date of this dividend is Tuesday, May 7th. Sensata Technologies's dividend payout ratio is currently -436.32%.

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.