Sensata Technologies Holding N.V. (NYSE:ST) Receives Consensus Rating of "Hold" from Analysts

Sensata Technologies Holding N.V. (NYSE:ST - Get Free Report) has been assigned an average recommendation of "Hold" from the twelve ratings firms that are currently covering the company, MarketBeat reports. One analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and five have assigned a buy recommendation to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $34.58.

A number of research firms have commented on ST. Evercore ISI downgraded Sensata Technologies from an "outperform" rating to an "inline" rating and decreased their target price for the stock from $40.00 to $27.00 in a research report on Thursday, April 3rd. JPMorgan Chase & Co. reduced their price objective on Sensata Technologies from $27.00 to $21.00 and set an "underweight" rating on the stock in a research report on Thursday, April 17th. Wells Fargo & Company upped their price objective on Sensata Technologies from $26.00 to $30.00 and gave the company an "equal weight" rating in a research report on Tuesday, July 1st. Robert W. Baird reduced their price objective on 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, Wall Street Zen downgraded Sensata Technologies from a "buy" rating to a "hold" rating in a research report on Sunday, June 1st.

Sensata Technologies Price Performance

ST traded up $0.01 during trading on Friday, reaching $31.08. 1,874,936 shares of the stock were exchanged, compared to its average volume of 1,655,576. The business's 50 day moving average price is $28.22 and its two-hundred day moving average price is $26.49. The company has a debt-to-equity ratio of 1.12, a current ratio of 2.64 and a quick ratio of 1.81. The company has a market capitalization of $4.55 billion, a price-to-earnings ratio of 38.37, a P/E/G ratio of 1.37 and a beta of 1.13. Sensata Technologies has a 1 year low of $17.32 and a 1 year high of $42.33.

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

Sensata Technologies Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, May 28th. Shareholders of record on Wednesday, May 14th were paid a dividend of $0.12 per share. The ex-dividend date was Wednesday, May 14th. This represents a $0.48 annualized dividend and a yield of 1.54%. Sensata Technologies's dividend payout ratio is presently 59.26%.

Insider Buying and Selling

In other news, Director Andrew C. Teich purchased 9,925 shares of the company's stock in a transaction on Friday, May 23rd. The stock was bought at an average cost of $25.19 per share, for a total transaction of $250,010.75. Following the completion of the purchase, the director directly owned 41,117 shares of the company's stock, valued at $1,035,737.23. The trade was a 31.82% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.89% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Sensata Technologies

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. grew its stake in shares of Sensata Technologies by 61.4% in the first 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 in the last quarter. Brown Brothers Harriman & Co. acquired a new stake in shares of Sensata Technologies in the fourth quarter valued at about $27,000. Signaturefd LLC grew its stake in shares of Sensata Technologies by 515.5% in the first quarter. Signaturefd LLC now owns 1,114 shares of the scientific and technical instruments company's stock valued at $27,000 after buying an additional 933 shares in the last quarter. National Bank of Canada FI acquired a new stake in shares of Sensata Technologies in the first quarter valued at about $27,000. Finally, Brooklyn Investment Group boosted its holdings in Sensata Technologies by 1,575.0% in the first quarter. Brooklyn Investment Group now owns 1,273 shares of the scientific and technical instruments company's stock valued at $31,000 after purchasing an additional 1,197 shares during the last quarter. 99.42% of the stock is currently owned by institutional investors and hedge funds.

About Sensata Technologies

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.