Sensata Technologies Holding plc (NYSE:ST) Shares Sold by Brown Advisory Inc.

Brown Advisory Inc. decreased its holdings in Sensata Technologies Holding plc (NYSE:ST - Free Report) by 6.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,353,979 shares of the scientific and technical instruments company's stock after selling 92,558 shares during the period. Brown Advisory Inc. owned 0.91% of Sensata Technologies worth $37,099,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Fuller & Thaler Asset Management Inc. raised its holdings in shares of Sensata Technologies by 96.8% in the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 5,260,870 shares of the scientific and technical instruments company's stock valued at $144,148,000 after acquiring an additional 2,587,183 shares in the last quarter. Price T Rowe Associates Inc. MD grew its stake in Sensata Technologies by 36.4% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 7,821,428 shares of the scientific and technical instruments company's stock worth $214,308,000 after buying an additional 2,088,161 shares in the last quarter. Norges Bank purchased a new stake in shares of Sensata Technologies during the 4th quarter valued at $48,580,000. Boston Partners lifted its holdings in shares of Sensata Technologies by 11.6% during the 4th quarter. Boston Partners now owns 6,526,941 shares of the scientific and technical instruments company's stock worth $179,087,000 after acquiring an additional 677,316 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its stake in Sensata Technologies by 12.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 5,808,186 shares of the scientific and technical instruments company's stock valued at $159,143,000 after acquiring an additional 648,028 shares during the last quarter. Institutional investors own 99.42% of the company's stock.

Sensata Technologies Price Performance

ST stock traded up $3.10 during midday trading on Friday, hitting $25.56. The company's stock had a trading volume of 2,991,544 shares, compared to its average volume of 1,710,224. The firm has a market capitalization of $3.74 billion, a price-to-earnings ratio of 30.43, a price-to-earnings-growth ratio of 1.25 and a beta of 1.02. The company has a 50 day moving average of $23.19 and a two-hundred day moving average of $27.46. Sensata Technologies Holding plc has a 12 month low of $17.32 and a 12 month high of $43.14. The company has a quick ratio of 1.99, a current ratio of 2.85 and a debt-to-equity ratio of 1.11.

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. Sensata Technologies had a return on equity of 17.54% and a net margin of 3.27%. The company had revenue of $911.26 million for the quarter, compared to the consensus estimate of $878.39 million. During the same period in the previous year, the business earned $0.89 earnings per share. The firm's revenue for the quarter was down 9.5% on a year-over-year basis. On average, analysts expect that Sensata Technologies Holding plc will post 3.21 EPS for the current year.

Sensata Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, May 28th. Investors of record on Wednesday, May 14th will be given a $0.12 dividend. The ex-dividend date is Wednesday, May 14th. This represents a $0.48 annualized dividend and a yield of 1.88%. Sensata Technologies's dividend payout ratio is currently 59.26%.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the company. UBS Group cut their price objective on Sensata Technologies from $37.00 to $30.00 and set a "buy" rating for the company in a report on Thursday, April 10th. Evercore ISI lowered 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 report on Thursday, April 3rd. Wells Fargo & Company started coverage on Sensata Technologies in a report on Friday, April 25th. They set an "equal weight" rating and a $20.00 price target on the stock. Robert W. Baird lowered their price target on Sensata Technologies from $24.00 to $23.00 and set a "neutral" rating for the company in a research report on Tuesday, April 15th. Finally, The Goldman Sachs Group upped their price objective on shares of Sensata Technologies from $27.00 to $30.00 and gave the stock a "buy" rating in a report on Friday. One analyst has rated the stock with a sell rating, six have assigned a hold rating and five have issued a buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $33.58.

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.