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

Sensata Technologies Holding plc (NYSE:ST - Get Free Report) has been assigned a consensus recommendation of "Hold" from the twelve brokerages that are currently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and five have issued a buy rating on the company. The average 1-year price target among analysts that have covered the stock in the last year is $33.33.

Several research firms have recently weighed in on ST. 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 report on Thursday, April 17th. Robert W. Baird cut 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 note on Tuesday, April 15th. The Goldman Sachs Group raised shares of Sensata Technologies from a "neutral" rating to a "buy" rating and lowered their price objective for the stock from $31.00 to $27.00 in a research report on Thursday, April 10th. Wells Fargo & Company started coverage on shares of Sensata Technologies in a research report on Friday, April 25th. They issued an "equal weight" rating and a $20.00 price objective on the stock. Finally, Oppenheimer lowered their target price on Sensata Technologies from $44.00 to $40.00 and set an "outperform" rating for the company in a report on Thursday, February 13th.

Institutional Trading of Sensata Technologies

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Norges Bank bought a new position in shares of Sensata Technologies in the 4th quarter valued at about $48,580,000. Invesco Ltd. grew its holdings in Sensata Technologies by 19.4% during the fourth quarter. Invesco Ltd. now owns 326,180 shares of the scientific and technical instruments company's stock worth $8,937,000 after purchasing an additional 53,034 shares during the period. JPMorgan Chase & Co. increased its position in Sensata Technologies by 66.7% during the third quarter. JPMorgan Chase & Co. now owns 660,568 shares of the scientific and technical instruments company's stock worth $23,688,000 after buying an additional 264,334 shares during the last quarter. Prudential Financial Inc. raised its stake in Sensata Technologies by 94.7% in the fourth quarter. Prudential Financial Inc. now owns 213,624 shares of the scientific and technical instruments company's stock valued at $5,853,000 after buying an additional 103,897 shares during the period. Finally, Kempner Capital Management Inc. lifted its position in shares of Sensata Technologies by 233.9% in the fourth quarter. Kempner Capital Management Inc. now owns 209,064 shares of the scientific and technical instruments company's stock valued at $5,728,000 after buying an additional 146,449 shares during the last quarter. 99.42% of the stock is owned by institutional investors.

Sensata Technologies Trading Up 3.3 %

NYSE ST traded up $0.71 during trading on Tuesday, reaching $22.08. 1,114,847 shares of the stock traded hands, compared to its average volume of 1,738,973. The stock's 50-day moving average price is $23.89 and its 200 day moving average price is $28.06. The company has a quick ratio of 1.99, a current ratio of 2.85 and a debt-to-equity ratio of 1.11. The firm has a market cap of $3.30 billion, a price-to-earnings ratio of 26.29, a price-to-earnings-growth ratio of 1.25 and a beta of 1.12. Sensata Technologies has a fifty-two week low of $17.32 and a fifty-two week high of $43.14.

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 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.76. Sensata Technologies had a net margin of 3.27% and a return on equity of 17.54%. Analysts predict that Sensata Technologies will post 3.21 EPS for the current year.

Sensata Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 28th. Stockholders of record on Wednesday, May 14th will be issued a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 2.17%. The ex-dividend date is Wednesday, May 14th. Sensata Technologies's payout ratio is presently 57.14%.

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.