Sensata Technologies Holding plc (NYSE:ST) Shares Bought by Quarry LP

Quarry LP boosted its stake in shares of Sensata Technologies Holding plc (NYSE:ST) by 286.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 6,618 shares of the scientific and technical instruments company’s stock after acquiring an additional 4,904 shares during the quarter. Quarry LP’s holdings in Sensata Technologies were worth $181,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Blue Trust Inc. lifted 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 valued at $26,000 after buying an additional 820 shares during the period. Brown Brothers Harriman & Co. acquired a new stake in shares of Sensata Technologies in the 4th quarter valued at approximately $27,000. Venturi Wealth Management LLC lifted 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 valued at $56,000 after buying an additional 817 shares during the period. Parkside Financial Bank & Trust lifted 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 valued at $69,000 after buying an additional 820 shares during the period. Finally, Headlands Technologies LLC lifted its holdings in shares of Sensata Technologies by 524.8% in the 4th quarter. Headlands Technologies LLC now owns 2,768 shares of the scientific and technical instruments company’s stock valued at $76,000 after buying an additional 2,325 shares during the period. 99.42% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the company. UBS Group reduced their price target on Sensata Technologies from $37.00 to $30.00 and set a “buy” rating for the company in a report on Thursday, April 10th. JPMorgan Chase & Co. dropped their price target on Sensata Technologies from $27.00 to $21.00 and set an “underweight” rating for the company in a research report on Thursday, April 17th. The Goldman Sachs Group upgraded shares of Sensata Technologies from a “neutral” rating to a “buy” rating and decreased their price objective for the stock from $31.00 to $27.00 in a research report on Thursday, April 10th. Robert W. Baird lowered their price objective on shares of Sensata Technologies from $24.00 to $23.00 and set a “neutral” rating on the stock in a research note on Tuesday, April 15th. Finally, Evercore ISI cut shares of Sensata Technologies from an “outperform” rating to an “inline” rating and lowered their price objective for the company from $40.00 to $27.00 in a research note on Thursday, April 3rd. One analyst has rated the stock with a sell rating, six have assigned a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, Sensata Technologies currently has an average rating of “Hold” and an average target price of $33.33.

Sensata Technologies Price Performance

Sensata Technologies stock opened at $21.36 on Tuesday. Sensata Technologies Holding plc has a 12-month low of $17.32 and a 12-month high of $43.14. The stock has a market capitalization of $3.19 billion, a P/E ratio of 25.43, a P/E/G ratio of 1.25 and a beta of 1.12. The firm’s 50-day moving average is $24.39 and its two-hundred day moving average is $28.26. 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 released its quarterly earnings results on Tuesday, February 11th. The scientific and technical instruments company reported $0.76 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.76. Sensata Technologies had a net margin of 3.27% and a return on equity of 17.54%. Equities analysts predict that Sensata Technologies Holding plc will post 3.21 earnings per share for the current year.

Sensata Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 28th. Stockholders of record on Wednesday, May 14th will be issued a dividend of $0.12 per share. The ex-dividend date of this dividend is Wednesday, May 14th. This represents a $0.48 annualized dividend and a dividend yield of 2.25%. Sensata Technologies’s payout ratio is currently 57.14%.

Sensata Technologies 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.