Strategic Global Advisors LLC Boosts Stock Position in Sensata Technologies Holding N.V. $ST

Strategic Global Advisors LLC increased its stake in Sensata Technologies Holding N.V. (NYSE:STFree Report) by 92.3% in the fourth quarter, Holdings Channel reports. The institutional investor owned 298,367 shares of the scientific and technical instruments company’s stock after acquiring an additional 143,227 shares during the quarter. Sensata Technologies accounts for about 1.5% of Strategic Global Advisors LLC’s portfolio, making the stock its 16th largest position. Strategic Global Advisors LLC’s holdings in Sensata Technologies were worth $9,933,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Smartleaf Asset Management LLC increased its stake in shares of Sensata Technologies by 659.7% in the third quarter. Smartleaf Asset Management LLC now owns 904 shares of the scientific and technical instruments company’s stock worth $27,000 after buying an additional 785 shares during the last quarter. CIBC Private Wealth Group LLC increased its stake in shares of Sensata Technologies by 700.0% in the fourth quarter. CIBC Private Wealth Group LLC now owns 832 shares of the scientific and technical instruments company’s stock worth $28,000 after buying an additional 728 shares during the last quarter. EverSource Wealth Advisors LLC increased its stake in shares of Sensata Technologies by 244.4% in the second quarter. EverSource Wealth Advisors LLC now owns 1,178 shares of the scientific and technical instruments company’s stock worth $35,000 after buying an additional 836 shares during the last quarter. Parallel Advisors LLC increased its stake in shares of Sensata Technologies by 62.7% in the fourth quarter. Parallel Advisors LLC now owns 1,072 shares of the scientific and technical instruments company’s stock worth $36,000 after buying an additional 413 shares during the last quarter. Finally, Atlas Capital Advisors Inc. bought a new stake in shares of Sensata Technologies in the fourth quarter worth $36,000. Institutional investors own 99.42% of the company’s stock.

Sensata Technologies Trading Down 0.1%

NYSE:ST opened at $50.37 on Monday. Sensata Technologies Holding N.V. has a 1 year low of $26.95 and a 1 year high of $53.89. The stock has a market cap of $7.33 billion, a price-to-earnings ratio of 162.48, a PEG ratio of 1.45 and a beta of 1.26. The business has a fifty day moving average of $44.57 and a 200-day moving average of $38.24. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.95 and a current ratio of 2.75.

Sensata Technologies (NYSE:STGet Free Report) last released its quarterly earnings results on Tuesday, March 31st. The scientific and technical instruments company reported $0.86 earnings per share (EPS) for the quarter. Sensata Technologies had a return on equity of 18.23% and a net margin of 1.28%.The company had revenue of $934.80 million during the quarter. Equities analysts predict that Sensata Technologies Holding N.V. will post 3.73 earnings per share for the current year.

Sensata Technologies Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, May 27th. Stockholders of record on Wednesday, May 13th were paid a $0.12 dividend. The ex-dividend date of this dividend was Wednesday, May 13th. This represents a $0.48 annualized dividend and a dividend yield of 1.0%. Sensata Technologies’s dividend payout ratio is presently 154.84%.

Analyst Ratings Changes

A number of brokerages recently issued reports on ST. UBS Group restated a “buy” rating and issued a $57.00 price target on shares of Sensata Technologies in a research note on Tuesday, June 2nd. Robert W. Baird lifted their price target on shares of Sensata Technologies from $39.00 to $40.00 and gave the stock a “neutral” rating in a research note on Friday, February 20th. Bank of America lifted their price target on shares of Sensata Technologies from $37.00 to $40.00 and gave the stock a “neutral” rating in a research note on Friday, February 20th. Truist Financial upgraded shares of Sensata Technologies from a “hold” rating to a “buy” rating and lifted their price target for the stock from $43.00 to $58.00 in a research note on Wednesday, May 13th. Finally, JPMorgan Chase & Co. boosted their price target on Sensata Technologies from $32.00 to $34.00 and gave the company an “underweight” rating in a report on Monday, February 23rd. Four equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Sensata Technologies presently has a consensus rating of “Hold” and a consensus target price of $47.70.

Get Our Latest Report on ST

Insider Buying and Selling at Sensata Technologies

In other news, EVP David K. Stott sold 6,335 shares of the stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $47.40, for a total value of $300,279.00. Following the completion of the transaction, the executive vice president owned 39,687 shares of the company’s stock, valued at approximately $1,881,163.80. This represents a 13.77% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, EVP Lynne J. Caljouw sold 2,913 shares of the stock in a transaction on Tuesday, April 7th. The stock was sold at an average price of $34.71, for a total value of $101,110.23. Following the completion of the transaction, the executive vice president directly owned 72,842 shares of the company’s stock, valued at approximately $2,528,345.82. The trade was a 3.85% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 11,728 shares of company stock valued at $486,949. Company insiders own 0.65% of the company’s stock.

About Sensata Technologies

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Sensata Technologies (NYSE:ST)

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