Sensata Technologies Holding N.V. (NYSE:ST) Given Consensus Recommendation of "Hold" by Brokerages

Shares of Sensata Technologies Holding N.V. (NYSE:ST - Get Free Report) have received an average rating of "Hold" from the twelve research firms that are currently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, six have given a hold rating and five have issued a buy rating on the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $34.42.

ST has been the subject of a number of recent analyst reports. Evercore ISI cut shares of Sensata Technologies from an "outperform" rating to an "inline" rating and dropped their target price for the stock from $40.00 to $27.00 in a research report on Thursday, April 3rd. UBS Group decreased their price objective on shares of Sensata Technologies from $37.00 to $30.00 and set a "buy" rating on the stock in a research note on Thursday, April 10th. Wall Street Zen cut shares of Sensata Technologies from a "buy" rating to a "hold" rating in a research note on Sunday, June 1st. The Goldman Sachs Group boosted their target price on Sensata Technologies from $27.00 to $30.00 and gave the stock a "buy" rating in a report on Friday, May 9th. Finally, JPMorgan Chase & Co. dropped their price target on Sensata Technologies from $27.00 to $21.00 and set an "underweight" rating for the company in a report on Thursday, April 17th.

Insiders Place Their Bets

In other news, Director Andrew C. Teich bought 9,925 shares of the firm's stock in a transaction dated Friday, May 23rd. The shares were bought at an average price of $25.19 per share, with a total value of $250,010.75. Following the completion of the transaction, the director owned 41,117 shares of the company's stock, valued at $1,035,737.23. This trade represents a 31.82% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. 0.89% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Sensata Technologies

Institutional investors and hedge funds have recently modified their holdings of the business. Northwestern Mutual Wealth Management Co. increased its holdings in Sensata Technologies by 61.4% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 1,036 shares of the scientific and technical instruments company's stock valued at $25,000 after buying an additional 394 shares during the period. Treasurer of the State of North Carolina grew its position in Sensata Technologies by 0.6% in the fourth quarter. Treasurer of the State of North Carolina now owns 65,706 shares of the scientific and technical instruments company's stock valued at $1,800,000 after acquiring an additional 420 shares during the last quarter. Voya Investment Management LLC boosted its stake in shares of Sensata Technologies by 2.9% in the 1st quarter. Voya Investment Management LLC now owns 18,675 shares of the scientific and technical instruments company's stock valued at $453,000 after purchasing an additional 527 shares in the last quarter. Alps Advisors Inc. boosted its position in Sensata Technologies by 1.8% in the first quarter. Alps Advisors Inc. now owns 31,389 shares of the scientific and technical instruments company's stock valued at $762,000 after buying an additional 566 shares in the last quarter. Finally, Cullen Capital Management LLC increased its holdings in shares of Sensata Technologies by 1.9% during the fourth quarter. Cullen Capital Management LLC now owns 31,111 shares of the scientific and technical instruments company's stock worth $852,000 after buying an additional 590 shares in the last quarter. 99.42% of the stock is currently owned by institutional investors and hedge funds.

Sensata Technologies Price Performance

NYSE ST traded down $0.25 during trading on Friday, reaching $32.09. 1,917,445 shares of the company traded hands, compared to its average volume of 1,659,393. Sensata Technologies has a 1-year low of $17.32 and a 1-year high of $42.33. The company has a market cap of $4.69 billion, a price-to-earnings ratio of 39.61, a P/E/G ratio of 1.38 and a beta of 1.13. The stock's 50 day moving average price is $27.83 and its two-hundred day moving average price is $26.44. The company has a debt-to-equity ratio of 1.12, a quick ratio of 1.81 and a current ratio of 2.64.

Sensata Technologies (NYSE:ST - Get Free Report) last announced its quarterly earnings results on Thursday, May 8th. The scientific and technical instruments company reported $0.78 EPS for the quarter, beating the consensus estimate of $0.72 by $0.06. Sensata Technologies had a return on equity of 17.12% and a net margin of 3.19%. The business had revenue of $911.26 million for the quarter, compared to analyst estimates of $878.39 million. During the same quarter in the previous year, the firm earned $0.89 EPS. Sensata Technologies's quarterly revenue was down 9.5% on a year-over-year basis. As a group, analysts anticipate that Sensata Technologies will post 3.21 EPS for the current year.

Sensata Technologies Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, May 28th. Investors of record on Wednesday, May 14th were issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 1.50%. The ex-dividend date of this dividend was Wednesday, May 14th. Sensata Technologies's payout ratio is 59.26%.

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.