Sensata Technologies Holding plc (NYSE:ST) Given Consensus Rating of “Hold” by Analysts

Sensata Technologies Holding plc (NYSE:ST) has received a consensus rating of “Hold” from the thirteen research firms that are covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have given a buy rating to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $39.08.

ST has been the subject of several research reports. The Goldman Sachs Group reduced their target price on Sensata Technologies from $36.00 to $32.00 and set a “neutral” rating for the company in a report on Thursday, January 16th. Oppenheimer reduced their price objective on Sensata Technologies from $44.00 to $40.00 and set an “outperform” rating for the company in a research note on Thursday, February 13th. UBS Group reduced their price objective on Sensata Technologies from $38.00 to $37.00 and set a “buy” rating for the company in a research note on Wednesday, February 12th. Finally, Evercore ISI reduced their price objective on Sensata Technologies from $43.00 to $40.00 and set an “outperform” rating for the company in a research note on Friday, January 17th.

Sensata Technologies Stock Up 3.1 %

Sensata Technologies stock opened at $28.70 on Monday. Sensata Technologies has a fifty-two week low of $24.91 and a fifty-two week high of $43.14. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.99 and a current ratio of 2.85. The company has a market capitalization of $4.29 billion, a P/E ratio of 34.17, a PEG ratio of 1.25 and a beta of 1.20. The stock has a 50-day simple moving average of $27.95 and a 200-day simple moving average of $31.67.

Sensata Technologies (NYSE:ST) last posted its earnings results on Tuesday, February 11th. The scientific and technical instruments company reported $0.76 earnings per share for the quarter, meeting the consensus estimate of $0.76. Sensata Technologies had a return on equity of 17.54% and a net margin of 3.27%. Equities research analysts expect that Sensata Technologies will post 3.21 earnings per share for the current year.

Sensata Technologies Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, February 26th. Investors of record on Wednesday, February 12th were issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.67%. The ex-dividend date was Wednesday, February 12th. Sensata Technologies’s dividend payout ratio is currently 57.14%.

Institutional Investors Weigh In On Sensata Technologies

Institutional investors and hedge funds have recently modified their holdings of the company. Blue Trust Inc. grew its holdings 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 acquiring an additional 820 shares during the period. Brown Brothers Harriman & Co. acquired a new stake in shares of Sensata Technologies in the 4th quarter worth approximately $27,000. Venturi Wealth Management LLC grew its holdings 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 worth $56,000 after acquiring an additional 817 shares during the period. Quarry LP grew its holdings in shares of Sensata Technologies by 61.2% in the 3rd quarter. Quarry LP now owns 1,714 shares of the scientific and technical instruments company’s stock worth $61,000 after acquiring an additional 651 shares during the period. Finally, Parkside Financial Bank & Trust grew its holdings 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 worth $69,000 after acquiring an additional 820 shares during the period. Institutional investors and hedge funds own 99.42% of the company’s stock.

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.