Sensata Technologies Holding plc (NYSE:ST) Receives Average Rating of “Hold” from Analysts

Sensata Technologies Holding plc (NYSE:ST) has received a consensus rating of “Hold” from the thirteen brokerages that are currently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, seven have given a hold rating and five have given a buy rating to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $39.42.

A number of research analysts have commented on ST shares. The Goldman Sachs Group decreased their target price on shares of Sensata Technologies from $36.00 to $32.00 and set a “neutral” rating on the stock in a research report on Thursday, January 16th. Truist Financial decreased their price objective on shares of Sensata Technologies from $38.00 to $33.00 and set a “hold” rating on the stock in a report on Tuesday, November 5th. Stifel Nicolaus dropped their target price on shares of Sensata Technologies from $43.00 to $38.00 and set a “hold” rating for the company in a report on Tuesday, November 5th. Evercore ISI cut their target price on Sensata Technologies from $43.00 to $40.00 and set an “outperform” rating on the stock in a research report on Friday, January 17th. Finally, TD Cowen lowered their price target on Sensata Technologies from $50.00 to $45.00 and set a “buy” rating for the company in a research report on Wednesday, November 6th.

Sensata Technologies Trading Up 8.5 %

ST stock opened at $28.00 on Thursday. Sensata Technologies has a 52-week low of $24.91 and a 52-week high of $43.14. The company has a quick ratio of 1.76, a current ratio of 2.60 and a debt-to-equity ratio of 1.08. The firm has a market cap of $4.19 billion, a P/E ratio of -51.85, a PEG ratio of 0.77 and a beta of 1.23. The company’s 50-day simple moving average is $28.11 and its 200-day simple moving average is $32.67.

Sensata Technologies (NYSE:ST) last posted its quarterly earnings data on Tuesday, February 11th. The scientific and technical instruments company reported $0.76 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.76. Sensata Technologies had a negative net margin of 1.98% and a positive return on equity of 17.68%. As a group, equities analysts forecast that Sensata Technologies will post 3.44 EPS for the current fiscal year.

Sensata Technologies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, February 26th. Shareholders of record on Wednesday, February 12th will be issued a dividend of $0.12 per share. The ex-dividend date is Wednesday, February 12th. This represents a $0.48 annualized dividend and a yield of 1.71%. Sensata Technologies’s dividend payout ratio (DPR) is -88.89%.

Hedge Funds Weigh In On Sensata Technologies

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Norges Bank acquired a new position in shares of Sensata Technologies during the fourth quarter worth $48,580,000. Merewether Investment Management LP purchased a new stake in Sensata Technologies during the 3rd quarter worth about $25,446,000. Boston Partners boosted its position 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 in the last quarter. FMR LLC increased its holdings in shares of Sensata Technologies by 18.9% in the 3rd quarter. FMR LLC now owns 3,895,776 shares of the scientific and technical instruments company’s stock valued at $139,703,000 after acquiring an additional 618,202 shares during the last quarter. Finally, Copeland Capital Management LLC raised its position in shares of Sensata Technologies by 21.7% during the 3rd quarter. Copeland Capital Management LLC now owns 1,788,320 shares of the scientific and technical instruments company’s stock worth $64,129,000 after acquiring an additional 319,424 shares in the last quarter. Hedge funds and other institutional investors own 99.42% of the company’s stock.

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.