Dimensional Fund Advisors LP boosted its holdings in Sensata Technologies Holding plc (NYSE:ST - Free Report) by 12.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 5,808,186 shares of the scientific and technical instruments company's stock after buying an additional 648,028 shares during the period. Dimensional Fund Advisors LP owned 3.88% of Sensata Technologies worth $159,143,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Blue Trust Inc. raised its position in shares of Sensata Technologies by 738.7% in the 4th quarter. Blue Trust Inc. now owns 931 shares of the scientific and technical instruments company's stock worth $26,000 after buying an additional 820 shares during the period. Brown Brothers Harriman & Co. purchased a new position in shares of Sensata Technologies in the 4th quarter worth about $27,000. Venturi Wealth Management LLC lifted its stake in shares of Sensata Technologies by 67.6% in the 4th quarter. Venturi Wealth Management LLC now owns 2,026 shares of the scientific and technical instruments company's stock valued at $56,000 after purchasing an additional 817 shares in the last quarter. Parkside Financial Bank & Trust lifted its stake in shares of Sensata Technologies by 48.2% in the 4th quarter. Parkside Financial Bank & Trust now owns 2,523 shares of the scientific and technical instruments company's stock valued at $69,000 after purchasing an additional 820 shares in the last quarter. Finally, Headlands Technologies LLC grew its holdings in shares of Sensata Technologies by 524.8% during the 4th quarter. Headlands Technologies LLC now owns 2,768 shares of the scientific and technical instruments company's stock worth $76,000 after purchasing an additional 2,325 shares during the period. Hedge funds and other institutional investors own 99.42% of the company's stock.
Analyst Upgrades and Downgrades
A number of research analysts have weighed in on the stock. The Goldman Sachs Group raised shares of Sensata Technologies from a "neutral" rating to a "buy" rating and reduced their price target for the company from $31.00 to $27.00 in a research report on Thursday, April 10th. Oppenheimer reduced their target price on shares of Sensata Technologies from $44.00 to $40.00 and set an "outperform" rating on the stock in a report on Thursday, February 13th. JPMorgan Chase & Co. lowered 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. Robert W. Baird cut 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, Wells Fargo & Company initiated coverage on Sensata Technologies in a research report on Friday, April 25th. They issued an "equal weight" rating and a $20.00 target price for the company. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $33.33.
View Our Latest Stock Analysis on Sensata Technologies
Sensata Technologies Stock Up 0.2 %
NYSE ST traded up $0.05 during mid-day trading on Wednesday, reaching $21.42. 1,679,857 shares of the company's stock traded hands, compared to its average volume of 1,755,185. The company has a market cap of $3.20 billion, a price-to-earnings ratio of 25.50, a P/E/G ratio of 1.25 and a beta of 1.12. The company has a current ratio of 2.85, a quick ratio of 1.99 and a debt-to-equity ratio of 1.11. The company has a fifty day simple moving average of $24.05 and a 200-day simple moving average of $28.16. Sensata Technologies Holding plc has a 1-year low of $17.32 and a 1-year high of $43.14.
Sensata Technologies (NYSE:ST - Get Free Report) last issued its quarterly earnings results on Tuesday, February 11th. The scientific and technical instruments company reported $0.76 EPS for the quarter, hitting the consensus estimate of $0.76. Sensata Technologies had a net margin of 3.27% and a return on equity of 17.54%. As a group, equities research analysts expect that Sensata Technologies Holding plc will post 3.21 EPS for the current year.
Sensata Technologies Announces Dividend
The company also recently declared 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. The ex-dividend date is Wednesday, May 14th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 2.24%. Sensata Technologies's dividend payout ratio (DPR) is 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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