Sensata Technologies Holding N.V. (NYSE:ST) Given Average Rating of "Hold" by Analysts

Key Points

• Hold is the consensus from 11 analysts (1 sell, 6 hold, 4 buy) with an average 12‑month price target of $40.60.
• EVP Lynne J. Caljouw recently sold 2,913 shares at $34.71 (insiders sold 7,889 shares over three months); corporate insiders own 0.89% of the stock while institutional investors hold 99.42%.
• Sensata topped the quarter with $0.88 EPS vs. $0.86 expected and $917.9M revenue, trades at a market cap of $5.67B with a P/E of ~204.8, and pays a $0.12 quarterly dividend (1.2% yield) with a 252.6% payout ratio.

Sensata Technologies Holding N.V. (NYSE:ST - Get Free Report) has received an average rating of "Hold" from the eleven analysts that are currently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, six have given a hold recommendation and four have given a buy recommendation to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $40.60.

Several research firms have recently commented on ST. JPMorgan Chase & Co. upped their target price on Sensata Technologies from $32.00 to $34.00 and gave the company an "underweight" rating in a report on Monday, February 23rd. Bank of America increased their price objective on Sensata Technologies from $37.00 to $40.00 and gave the stock a "neutral" rating in a report on Friday, February 20th. Oppenheimer increased their price objective on Sensata Technologies from $43.00 to $50.00 and gave the stock an "outperform" rating in a report on Friday, February 27th. Barclays increased their price objective on Sensata Technologies from $44.00 to $48.00 and gave the stock an "overweight" rating in a report on Monday. Finally, Truist Financial increased their price objective on Sensata Technologies from $35.00 to $38.00 and gave the stock a "hold" rating in a report on Friday, February 20th.

Insider Transactions at Sensata Technologies

In related news, EVP Lynne J. Caljouw sold 2,913 shares of the stock in a transaction that occurred on Tuesday, April 7th. The stock was sold at an average price of $34.71, for a total value of $101,110.23. Following the completion of the transaction, the executive vice president directly owned 72,842 shares of the company's stock, valued at $2,528,345.82. This represents a 3.85% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Over the last three months, insiders sold 7,889 shares of company stock valued at $280,345. Corporate insiders own 0.89% of the company's stock.

Institutional Investors Weigh In On Sensata Technologies

A number of institutional investors have recently added to or reduced their stakes in ST. Smartleaf Asset Management LLC lifted its position in Sensata Technologies by 659.7% in the third quarter. Smartleaf Asset Management LLC now owns 904 shares of the scientific and technical instruments company's stock worth $27,000 after purchasing an additional 785 shares during the period. CIBC Private Wealth Group LLC lifted its position in Sensata Technologies by 700.0% in the fourth quarter. CIBC Private Wealth Group LLC now owns 832 shares of the scientific and technical instruments company's stock worth $28,000 after purchasing an additional 728 shares during the period. First Horizon Corp acquired a new stake in Sensata Technologies in the third quarter worth approximately $29,000. EFG International AG acquired a new stake in Sensata Technologies in the fourth quarter worth approximately $33,000. Finally, True Wealth Design LLC lifted its position in Sensata Technologies by 62.6% in the third quarter. True Wealth Design LLC now owns 1,135 shares of the scientific and technical instruments company's stock worth $35,000 after purchasing an additional 437 shares during the period. 99.42% of the stock is currently owned by institutional investors and hedge funds.

Sensata Technologies Stock Down 0.1%

NYSE:ST opened at $38.91 on Tuesday. The firm has a market capitalization of $5.67 billion, a PE ratio of 204.82, a price-to-earnings-growth ratio of 1.15 and a beta of 1.14. The stock has a 50 day moving average of $35.76 and a 200-day moving average of $33.77. Sensata Technologies has a 52 week low of $18.57 and a 52 week high of $39.44. The company has a current ratio of 2.57, a quick ratio of 1.78 and a debt-to-equity ratio of 1.02.

Sensata Technologies (NYSE:ST - Get Free Report) last posted its earnings results on Saturday, February 14th. The scientific and technical instruments company reported $0.88 EPS for the quarter, beating the consensus estimate of $0.86 by $0.02. The company had revenue of $917.88 million during the quarter, compared to analyst estimates of $911.03 million. Sensata Technologies had a return on equity of 17.92% and a net margin of 0.83%.The business's revenue was up 1.1% compared to the same quarter last year. During the same period in the prior year, the company earned $0.76 earnings per share. Analysts predict that Sensata Technologies will post 3.21 EPS for the current year.

Sensata Technologies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, February 25th. Investors of record on Wednesday, February 11th were issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend was Wednesday, February 11th. Sensata Technologies's dividend payout ratio is 252.63%.

Sensata Technologies Company Profile

Sensata Technologies Holdings N.V. is a global industrial technology company specializing in the design, development and manufacture of sensors and electrical protection solutions. The company's product portfolio includes pressure, temperature, position, speed, current and magnetic sensors, as well as circuit breakers and other protection devices. Sensata's offerings serve a wide array of end markets, with a particularly strong presence in automotive original equipment manufacturers (OEMs), industrial automation, heating, ventilation and air conditioning (HVAC), commercial aerospace and renewable energy sectors.

Headquartered in Attleboro, Massachusetts, Sensata operates a network of manufacturing and engineering facilities across North America, Europe, Asia Pacific and Latin America.

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