Teacher Retirement System of Texas lifted its position in Sensata Technologies Holding N.V. (NYSE:ST – Free Report) by 26.9% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 27,767 shares of the scientific and technical instruments company’s stock after purchasing an additional 5,888 shares during the quarter. Teacher Retirement System of Texas’ holdings in Sensata Technologies were worth $836,000 at the end of the most recent reporting period.
Several other institutional investors have also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. boosted its position in Sensata Technologies by 61.4% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 1,036 shares of the scientific and technical instruments company’s stock valued at $25,000 after buying an additional 394 shares in the last quarter. Signaturefd LLC raised its stake in shares of Sensata Technologies by 515.5% in the first quarter. Signaturefd LLC now owns 1,114 shares of the scientific and technical instruments company’s stock valued at $27,000 after acquiring an additional 933 shares during the last quarter. National Bank of Canada FI bought a new position in shares of Sensata Technologies in the first quarter valued at approximately $27,000. Brooklyn Investment Group boosted its holdings in shares of Sensata Technologies by 1,575.0% in the 1st quarter. Brooklyn Investment Group now owns 1,273 shares of the scientific and technical instruments company’s stock worth $31,000 after acquiring an additional 1,197 shares in the last quarter. Finally, CWM LLC grew its position in Sensata Technologies by 989.5% during the 1st quarter. CWM LLC now owns 2,604 shares of the scientific and technical instruments company’s stock worth $63,000 after acquiring an additional 2,365 shares during the last quarter. 99.42% of the stock is owned by institutional investors.
Sensata Technologies Stock Performance
Shares of NYSE:ST opened at $30.99 on Friday. The company has a current ratio of 2.91, a quick ratio of 1.94 and a debt-to-equity ratio of 1.18. Sensata Technologies Holding N.V. has a 1-year low of $17.32 and a 1-year high of $34.00. The stock has a market capitalization of $4.51 billion, a P/E ratio of -154.95, a P/E/G ratio of 1.26 and a beta of 1.17. The business has a 50-day moving average price of $31.37 and a two-hundred day moving average price of $29.58.
Sensata Technologies Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 26th. Shareholders of record on Wednesday, November 12th will be given a dividend of $0.12 per share. The ex-dividend date is Wednesday, November 12th. This represents a $0.48 annualized dividend and a dividend yield of 1.5%. Sensata Technologies’s payout ratio is presently -240.00%.
Insider Buying and Selling at Sensata Technologies
In other news, EVP Lynne J. Caljouw sold 3,207 shares of the firm’s stock in a transaction on Thursday, October 30th. The stock was sold at an average price of $32.45, for a total value of $104,067.15. Following the transaction, the executive vice president directly owned 66,536 shares in the company, valued at $2,159,093.20. This trade represents a 4.60% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.89% of the stock is currently owned by company insiders.
Wall Street Analysts Forecast Growth
Several equities analysts have issued reports on the company. Evercore ISI set a $32.00 price objective on Sensata Technologies in a research report on Wednesday, October 29th. Barclays began coverage on Sensata Technologies in a report on Wednesday, October 8th. They issued an “overweight” rating and a $43.00 price target for the company. Bank of America upped their price target on shares of Sensata Technologies from $27.00 to $32.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 16th. Wells Fargo & Company raised their price objective on shares of Sensata Technologies from $33.00 to $34.00 and gave the company an “equal weight” rating in a research report on Wednesday, October 29th. Finally, The Goldman Sachs Group boosted their target price on shares of Sensata Technologies from $40.00 to $44.00 and gave the stock a “buy” rating in a research note on Monday, September 29th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $35.80.
Read Our Latest Report on Sensata Technologies
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.
Read More
- Five stocks we like better than Sensata Technologies
- P/E Ratio Calculation: How to Assess Stocks
- OpenAI’s Restructuring Sets up What Could Be the Biggest IPO Ever
- How to Short Nasdaq: An Easy-to-Follow Guide
- 2 Rare Earth Stocks the U.S. Government Doesn’t Want to Fail
- Where to Find Earnings Call Transcripts
- CrowdStrike Partners With CoreWeave But Investors Sell the News
Receive News & Ratings for Sensata Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sensata Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
