Sensata Technologies Holding plc (NYSE:ST) Shares Acquired by Oak Thistle LLC

Oak Thistle LLC increased its stake in shares of Sensata Technologies Holding plc (NYSE:ST) by 326.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 59,007 shares of the scientific and technical instruments company’s stock after acquiring an additional 45,182 shares during the period. Oak Thistle LLC’s holdings in Sensata Technologies were worth $1,617,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the stock. Federated Hermes Inc. increased its holdings in Sensata Technologies by 31.2% in the second quarter. Federated Hermes Inc. now owns 16,593 shares of the scientific and technical instruments company’s stock valued at $620,000 after buying an additional 3,948 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in shares of Sensata Technologies by 30.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 722,793 shares of the scientific and technical instruments company’s stock valued at $27,025,000 after purchasing an additional 170,600 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in Sensata Technologies by 16.5% in the 2nd quarter. Dimensional Fund Advisors LP now owns 4,643,665 shares of the scientific and technical instruments company’s stock worth $173,627,000 after purchasing an additional 658,728 shares during the period. Renaissance Technologies LLC purchased a new position in Sensata Technologies during the second quarter worth approximately $3,821,000. Finally, Moors & Cabot Inc. grew its holdings in Sensata Technologies by 146.4% in the second quarter. Moors & Cabot Inc. now owns 14,979 shares of the scientific and technical instruments company’s stock valued at $560,000 after purchasing an additional 8,900 shares during the period. 99.42% of the stock is currently owned by hedge funds and other institutional investors.

Sensata Technologies Price Performance

ST stock opened at $27.74 on Wednesday. The company has a debt-to-equity ratio of 1.08, a current ratio of 2.60 and a quick ratio of 1.76. The business has a 50 day simple moving average of $30.07 and a 200-day simple moving average of $34.32. The firm has a market capitalization of $4.15 billion, a PE ratio of -51.37, a price-to-earnings-growth ratio of 0.89 and a beta of 1.24. Sensata Technologies Holding plc has a 1 year low of $26.65 and a 1 year high of $43.14.

Sensata Technologies (NYSE:ST) last issued its earnings results on Monday, November 4th. The scientific and technical instruments company reported $0.86 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.86. Sensata Technologies had a positive return on equity of 17.68% and a negative net margin of 1.98%. The company had revenue of $982.80 million during the quarter, compared to analysts’ expectations of $983.93 million. During the same period in the prior year, the business earned $0.91 EPS. The firm’s quarterly revenue was down 1.8% on a year-over-year basis. Equities research analysts anticipate that Sensata Technologies Holding plc will post 3.43 earnings per share for the current fiscal year.

Sensata Technologies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 13th were paid a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 1.73%. The ex-dividend date was Wednesday, November 13th. Sensata Technologies’s dividend payout ratio (DPR) is presently -88.89%.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on ST shares. UBS Group reduced their target price on Sensata Technologies from $44.00 to $39.00 and set a “buy” rating for the company in a research note on Wednesday, November 6th. TD Cowen reduced their price objective on shares of Sensata Technologies from $50.00 to $45.00 and set a “buy” rating for the company in a research report on Wednesday, November 6th. Oppenheimer dropped their target price on shares of Sensata Technologies from $47.00 to $44.00 and set an “outperform” rating on the stock in a research report on Tuesday, November 5th. Stifel Nicolaus decreased their price target on shares of Sensata Technologies from $43.00 to $38.00 and set a “hold” rating on the stock in a research note on Tuesday, November 5th. Finally, The Goldman Sachs Group lowered their price objective on Sensata Technologies from $41.00 to $39.00 and set a “neutral” rating on the stock in a report on Tuesday, October 1st. One analyst has rated the stock with a sell rating, seven have issued a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $41.00.

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.