Illinois Municipal Retirement Fund Has $1.58 Million Holdings in Sensata Technologies Holding plc (NYSE:ST)

Illinois Municipal Retirement Fund lifted its holdings in Sensata Technologies Holding plc (NYSE:ST) by 90.0% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 57,599 shares of the scientific and technical instruments company’s stock after acquiring an additional 27,291 shares during the period. Illinois Municipal Retirement Fund’s holdings in Sensata Technologies were worth $1,578,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of the business. Janus Henderson Group PLC grew its stake in shares of Sensata Technologies by 0.5% in the third quarter. Janus Henderson Group PLC now owns 9,722,999 shares of the scientific and technical instruments company’s stock valued at $348,666,000 after acquiring an additional 45,513 shares in the last quarter. State Street Corp grew its stake in shares of Sensata Technologies by 0.4% in the third quarter. State Street Corp now owns 5,470,903 shares of the scientific and technical instruments company’s stock valued at $196,187,000 after acquiring an additional 23,946 shares in the last quarter. FMR LLC grew its stake in Sensata Technologies by 18.9% during the third quarter. FMR LLC now owns 3,895,776 shares of the scientific and technical instruments company’s stock worth $139,703,000 after buying an additional 618,202 shares in the last quarter. Massachusetts Financial Services Co. MA grew its stake in Sensata Technologies by 0.4% during the third quarter. Massachusetts Financial Services Co. MA now owns 2,721,353 shares of the scientific and technical instruments company’s stock worth $97,588,000 after buying an additional 11,798 shares in the last quarter. Finally, Geode Capital Management LLC grew its stake in Sensata Technologies by 1.0% during the third quarter. Geode Capital Management LLC now owns 2,520,062 shares of the scientific and technical instruments company’s stock worth $90,393,000 after buying an additional 24,707 shares in the last quarter. 99.42% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on ST shares. Evercore ISI reduced their price objective on shares of Sensata Technologies from $43.00 to $40.00 and set an “outperform” rating on the stock in a research note on Friday, January 17th. The Goldman Sachs Group reduced their price objective on shares of Sensata Technologies from $36.00 to $32.00 and set a “neutral” rating on the stock in a research note on Thursday, January 16th. Oppenheimer reduced their price objective on shares of Sensata Technologies from $44.00 to $40.00 and set an “outperform” rating on the stock in a research note on Thursday, February 13th. TD Cowen reduced their price objective on shares of Sensata Technologies from $50.00 to $45.00 and set a “buy” rating on the stock in a research note on Wednesday, November 6th. Finally, UBS Group reduced their price objective on shares of Sensata Technologies from $38.00 to $37.00 and set a “buy” rating on the stock in a research note on Wednesday, February 12th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $39.08.

Sensata Technologies Stock Up 0.3 %

Shares of NYSE ST opened at $28.86 on Friday. The company has a 50 day simple moving average of $27.95 and a 200 day simple moving average of $32.04. The firm has a market cap of $4.32 billion, a PE ratio of 34.36, a price-to-earnings-growth ratio of 1.25 and a beta of 1.23. Sensata Technologies Holding plc has a 1 year low of $24.91 and a 1 year high of $43.14. The company has a debt-to-equity ratio of 1.11, a current ratio of 2.85 and a quick ratio of 1.99.

Sensata Technologies (NYSE:ST) last issued its quarterly earnings data on Tuesday, February 11th. The scientific and technical instruments company reported $0.76 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.76. Sensata Technologies had a net margin of 3.27% and a return on equity of 17.54%. On average, research analysts forecast that Sensata Technologies Holding plc will post 3.21 EPS for the current year.

Sensata Technologies Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, February 26th. Investors of record on Wednesday, February 12th were issued a $0.12 dividend. The ex-dividend date of this dividend was Wednesday, February 12th. This represents a $0.48 dividend on an annualized basis and a yield of 1.66%. Sensata Technologies’s dividend payout ratio (DPR) 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.