Raymond James Financial Inc. acquired a new position in shares of Sensata Technologies Holding plc (NYSE:ST - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 205,816 shares of the scientific and technical instruments company's stock, valued at approximately $5,639,000. Raymond James Financial Inc. owned 0.14% of Sensata Technologies at the end of the most recent quarter.
A number of other institutional investors have also recently bought and sold shares of the business. Barclays PLC grew its stake in shares of Sensata Technologies by 14.9% in the 3rd quarter. Barclays PLC now owns 77,759 shares of the scientific and technical instruments company's stock valued at $2,788,000 after buying an additional 10,107 shares in the last quarter. Franklin Resources Inc. grew its position in Sensata Technologies by 3.7% in the third quarter. Franklin Resources Inc. now owns 11,442 shares of the scientific and technical instruments company's stock worth $418,000 after acquiring an additional 403 shares in the last quarter. 272 Capital LP acquired a new position in shares of Sensata Technologies during the 3rd quarter worth $292,000. JPMorgan Chase & Co. raised its holdings in shares of Sensata Technologies by 66.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 660,568 shares of the scientific and technical instruments company's stock valued at $23,688,000 after purchasing an additional 264,334 shares in the last quarter. Finally, Oak Thistle LLC lifted its stake in shares of Sensata Technologies by 326.8% in the 4th quarter. Oak Thistle LLC now owns 59,007 shares of the scientific and technical instruments company's stock valued at $1,617,000 after purchasing an additional 45,182 shares during the last quarter. 99.42% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
ST has been the topic of several recent research reports. Evercore ISI lowered Sensata Technologies from an "outperform" rating to an "inline" rating and cut their target price for the company from $40.00 to $27.00 in a report on Thursday, April 3rd. JPMorgan Chase & Co. cut their price objective on Sensata Technologies from $27.00 to $21.00 and set an "underweight" rating on the stock in a research note on Thursday, April 17th. Oppenheimer decreased their target price on Sensata Technologies from $44.00 to $40.00 and set an "outperform" rating for the company in a research report on Thursday, February 13th. Robert W. Baird dropped their price target on shares of Sensata Technologies from $24.00 to $23.00 and set a "neutral" rating on the stock in a research report on Tuesday, April 15th. Finally, The Goldman Sachs Group raised shares of Sensata Technologies from a "neutral" rating to a "buy" rating and decreased their price objective for the stock from $31.00 to $27.00 in a report on Thursday, April 10th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $33.33.
Check Out Our Latest Stock Analysis on ST
Sensata Technologies Price Performance
Shares of ST stock traded up $0.05 during mid-day trading on Wednesday, reaching $21.42. The company's stock had a trading volume of 1,679,857 shares, compared to its average volume of 1,755,185. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.99 and a current ratio of 2.85. The firm's 50-day moving average is $24.05 and its two-hundred day moving average is $28.16. Sensata Technologies Holding plc has a 1-year low of $17.32 and a 1-year high of $43.14. The company has a market cap of $3.20 billion, a P/E ratio of 25.50, a PEG ratio of 1.25 and a beta of 1.12.
Sensata Technologies (NYSE:ST - Get Free Report) last announced its quarterly earnings results on Tuesday, February 11th. The scientific and technical instruments company reported $0.76 EPS for the quarter, hitting analysts' consensus estimates of $0.76. Sensata Technologies had a net margin of 3.27% and a return on equity of 17.54%. On average, research analysts predict that Sensata Technologies Holding plc will post 3.21 earnings per share for the current year.
Sensata Technologies Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, May 28th. Investors of record on Wednesday, May 14th will be given a dividend of $0.12 per share. The ex-dividend date is Wednesday, May 14th. This represents a $0.48 dividend on an annualized basis and a yield of 2.24%. Sensata Technologies's dividend payout ratio (DPR) is presently 57.14%.
About Sensata Technologies
(
Free Report)
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.
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