Sensata Technologies Holding N.V. (NYSE:ST) Receives $36.10 Consensus PT from Brokerages

Shares of Sensata Technologies Holding N.V. (NYSE:ST) have been assigned an average rating of “Hold” from the eleven research firms that are presently covering the stock, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, five have given a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year target price among analysts that have covered the stock in the last year is $36.10.

Several research firms have issued reports on ST. Barclays lowered their target price on shares of Sensata Technologies from $43.00 to $40.00 and set an “overweight” rating on the stock in a research note on Monday, January 12th. Weiss Ratings reissued a “sell (d)” rating on shares of Sensata Technologies in a research note on Monday, December 29th. Oppenheimer reissued an “outperform” rating and set a $43.00 price objective on shares of Sensata Technologies in a report on Wednesday, December 17th. Evercore ISI set a $32.00 price objective on shares of Sensata Technologies in a research report on Wednesday, October 29th. Finally, Wells Fargo & Company raised their target price on shares of Sensata Technologies from $34.00 to $37.00 and gave the company an “equal weight” rating in a research note on Monday, January 12th.

Insider Transactions at Sensata Technologies

In other news, Director Ali John Mirshekari sold 125,939 shares of the company’s stock in a transaction dated Wednesday, November 19th. The stock was sold at an average price of $28.83, for a total value of $3,630,821.37. Following the completion of the transaction, the director directly owned 142,371 shares in the company, valued at approximately $4,104,555.93. This represents a 46.94% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP David K. Stott sold 839 shares of the firm’s stock in a transaction dated Tuesday, November 11th. The shares were sold at an average price of $30.80, for a total value of $25,841.20. Following the transaction, the executive vice president directly owned 35,444 shares in the company, valued at approximately $1,091,675.20. This represents a 2.31% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 269,149 shares of company stock valued at $7,776,297 over the last quarter. Company insiders own 0.89% of the company’s stock.

Institutional Investors Weigh In On Sensata Technologies

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. grew its holdings in Sensata Technologies by 107.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 419,137 shares of the scientific and technical instruments company’s stock worth $10,172,000 after acquiring an additional 217,418 shares during the last quarter. United Services Automobile Association purchased a new stake in shares of Sensata Technologies during the first quarter worth about $246,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of Sensata Technologies by 12.2% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 505,957 shares of the scientific and technical instruments company’s stock worth $12,280,000 after purchasing an additional 55,045 shares during the last quarter. Copeland Capital Management LLC increased its holdings in Sensata Technologies by 12.9% during the 2nd quarter. Copeland Capital Management LLC now owns 2,015,492 shares of the scientific and technical instruments company’s stock valued at $60,687,000 after purchasing an additional 230,107 shares during the period. Finally, KLP Kapitalforvaltning AS increased its holdings in Sensata Technologies by 6.9% during the 2nd quarter. KLP Kapitalforvaltning AS now owns 31,100 shares of the scientific and technical instruments company’s stock valued at $936,000 after purchasing an additional 2,000 shares during the period. 99.42% of the stock is currently owned by institutional investors.

Sensata Technologies Trading Up 3.0%

Shares of ST opened at $35.63 on Thursday. Sensata Technologies has a twelve month low of $17.32 and a twelve month high of $36.25. The stock has a market cap of $5.19 billion, a PE ratio of -178.16, a P/E/G ratio of 1.31 and a beta of 1.16. The company has a quick ratio of 2.10, a current ratio of 2.91 and a debt-to-equity ratio of 1.18. The business’s 50-day moving average price is $34.14 and its 200-day moving average price is $32.32.

Sensata Technologies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, February 25th. Investors of record on Wednesday, February 11th will be paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend is Wednesday, February 11th. Sensata Technologies’s dividend payout ratio is currently -240.00%.

Sensata Technologies Company Profile

Sensata Technologies Holdings N.V. is a global industrial technology company specializing in the design, development and manufacture of sensors and electrical protection solutions. The company’s product portfolio includes pressure, temperature, position, speed, current and magnetic sensors, as well as circuit breakers and other protection devices. Sensata’s offerings serve a wide array of end markets, with a particularly strong presence in automotive original equipment manufacturers (OEMs), industrial automation, heating, ventilation and air conditioning (HVAC), commercial aerospace and renewable energy sectors.

Headquartered in Attleboro, Massachusetts, Sensata operates a network of manufacturing and engineering facilities across North America, Europe, Asia Pacific and Latin America.