Bank of New York Mellon Corp lifted its holdings in Sensata Technologies Holding N.V. (NYSE:ST – Free Report) by 5.7% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,281,353 shares of the scientific and technical instruments company’s stock after acquiring an additional 69,178 shares during the period. Bank of New York Mellon Corp’s holdings in Sensata Technologies were worth $38,582,000 at the end of the most recent quarter.
Other large investors also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Sensata Technologies by 61.4% in the 1st 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 purchasing an additional 394 shares during the last quarter. Signaturefd LLC raised its holdings in Sensata Technologies by 515.5% during the 1st quarter. Signaturefd LLC now owns 1,114 shares of the scientific and technical instruments company’s stock valued at $27,000 after buying an additional 933 shares during the period. National Bank of Canada FI bought a new stake in Sensata Technologies in the first quarter worth $27,000. Hantz Financial Services Inc. boosted its stake in Sensata Technologies by 446.2% during the second quarter. Hantz Financial Services Inc. now owns 994 shares of the scientific and technical instruments company’s stock worth $30,000 after buying an additional 812 shares during the period. Finally, Brooklyn Investment Group boosted its stake in Sensata Technologies by 1,575.0% during the first quarter. Brooklyn Investment Group now owns 1,273 shares of the scientific and technical instruments company’s stock worth $31,000 after buying an additional 1,197 shares during the period. 99.42% of the stock is owned by institutional investors.
Sensata Technologies Trading Up 1.0%
Shares of NYSE ST opened at $31.76 on Thursday. Sensata Technologies Holding N.V. has a twelve month low of $17.32 and a twelve month high of $34.00. The firm has a market cap of $4.63 billion, a PE ratio of -158.77, a price-to-earnings-growth ratio of 1.26 and a beta of 1.17. The business has a fifty day simple moving average of $31.34 and a two-hundred day simple moving average of $29.87. The company has a quick ratio of 1.94, a current ratio of 2.91 and a debt-to-equity ratio of 1.18.
Sensata Technologies Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 26th. Stockholders of record on Wednesday, November 12th will be issued a $0.12 dividend. 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 currently -240.00%.
Analysts Set New Price Targets
Several brokerages have recently weighed in on ST. UBS Group increased their target price on shares of Sensata Technologies from $41.00 to $43.00 and gave the company a “buy” rating in a research note on Wednesday, July 30th. Weiss Ratings lowered shares of Sensata Technologies from a “hold (c-)” rating to a “sell (d)” rating in a research report on Friday, November 7th. Wall Street Zen upgraded Sensata Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, August 2nd. The Goldman Sachs Group upped their target price on Sensata Technologies from $40.00 to $44.00 and gave the company a “buy” rating in a research note on Monday, September 29th. Finally, Bank of America raised their price target on Sensata Technologies from $27.00 to $32.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 16th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, Sensata Technologies presently has a consensus rating of “Hold” and a consensus price target of $35.80.
View Our Latest Report on Sensata Technologies
Insider Buying and Selling at Sensata Technologies
In other news, EVP Lynne J. Caljouw sold 3,207 shares of the company’s stock in a transaction that occurred on Thursday, October 30th. The shares were sold at an average price of $32.45, for a total value of $104,067.15. Following the completion of the sale, the executive vice president owned 66,536 shares of the company’s stock, valued at approximately $2,159,093.20. This represents a 4.60% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.89% of the company’s stock.
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.
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