BNP Paribas Financial Markets Has $3.93 Million Position in Sensata Technologies Holding plc (NYSE:ST)

BNP Paribas Financial Markets increased its holdings in shares of Sensata Technologies Holding plc (NYSE:ST - Free Report) by 51.6% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 104,628 shares of the scientific and technical instruments company's stock after acquiring an additional 35,632 shares during the period. BNP Paribas Financial Markets owned about 0.07% of Sensata Technologies worth $3,931,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the business. Vanguard Group Inc. boosted its position in shares of Sensata Technologies by 1.8% during the 3rd quarter. Vanguard Group Inc. now owns 14,840,668 shares of the scientific and technical instruments company's stock valued at $561,274,000 after acquiring an additional 265,583 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its position in Sensata Technologies by 1.2% in the third quarter. Massachusetts Financial Services Co. MA now owns 5,084,921 shares of the scientific and technical instruments company's stock valued at $192,312,000 after buying an additional 62,468 shares in the last quarter. Shapiro Capital Management LLC boosted its position in Sensata Technologies by 4.5% in the third quarter. Shapiro Capital Management LLC now owns 4,358,416 shares of the scientific and technical instruments company's stock valued at $164,835,000 after buying an additional 186,627 shares in the last quarter. Schroder Investment Management Group boosted its position in Sensata Technologies by 6.0% in the third quarter. Schroder Investment Management Group now owns 2,952,062 shares of the scientific and technical instruments company's stock valued at $111,647,000 after buying an additional 166,584 shares in the last quarter. Finally, AQR Capital Management LLC boosted its position in Sensata Technologies by 172.5% in the third quarter. AQR Capital Management LLC now owns 1,928,193 shares of the scientific and technical instruments company's stock valued at $72,924,000 after buying an additional 1,220,599 shares in the last quarter. 99.42% of the stock is currently owned by institutional investors and hedge funds.

Sensata Technologies Trading Down 1.3 %

Shares of ST traded down $0.56 on Wednesday, reaching $42.00. 1,431,307 shares of the company's stock were exchanged, compared to its average volume of 2,216,389. The company has a current ratio of 2.64, a quick ratio of 1.74 and a debt-to-equity ratio of 1.14. The stock has a market capitalization of $6.32 billion, a P/E ratio of -381.78, a price-to-earnings-growth ratio of 1.03 and a beta of 1.32. The business has a 50 day moving average price of $37.34 and a two-hundred day moving average price of $35.44. Sensata Technologies Holding plc has a 12 month low of $30.56 and a 12 month high of $47.41.

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

Sensata Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 22nd. Investors of record on Wednesday, May 8th will be issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 1.14%. The ex-dividend date of this dividend is Tuesday, May 7th. Sensata Technologies's dividend payout ratio is currently -436.32%.

Insider Activity at Sensata Technologies

In other news, Director Ali John Mirshekari acquired 73,137 shares of the firm's stock in a transaction that occurred on Thursday, May 2nd. The stock was purchased at an average price of $39.17 per share, for a total transaction of $2,864,776.29. Following the completion of the acquisition, the director now owns 73,137 shares in the company, valued at $2,864,776.29. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 1.00% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on ST shares. Truist Financial boosted their price target on shares of Sensata Technologies from $36.00 to $46.00 and gave the company a "hold" rating in a research report on Tuesday, April 30th. Stifel Nicolaus boosted their price target on shares of Sensata Technologies from $36.00 to $43.00 and gave the company a "hold" rating in a research report on Tuesday, April 30th. Evercore ISI raised shares of Sensata Technologies from an "in-line" rating to an "outperform" rating and boosted their target price for the stock from $44.00 to $60.00 in a research note on Monday, May 6th. Robert W. Baird boosted their target price on shares of Sensata Technologies from $37.00 to $47.00 and gave the stock a "neutral" rating in a research note on Tuesday, April 30th. Finally, Oppenheimer raised shares of Sensata Technologies from a "market perform" rating to an "outperform" rating and set a $50.00 target price for the company in a research note on Tuesday, January 30th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and two have given a buy rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $43.78.

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.