Sensata Technologies Holding N.V. (NYSE:ST) Given Consensus Recommendation of “Hold” by Analysts

Sensata Technologies Holding N.V. (NYSE:ST) has received a consensus recommendation of “Hold” from the eleven brokerages that are presently covering the stock, MarketBeat reports. One analyst has rated the stock with a sell rating, six have issued a hold rating and four have given a buy rating to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $40.60.

Several research analysts recently weighed in on ST shares. Wells Fargo & Company upped their price target on Sensata Technologies from $34.00 to $37.00 and gave the company an “equal weight” rating in a research report on Monday, January 12th. Oppenheimer increased their price objective on Sensata Technologies from $43.00 to $50.00 and gave the stock an “outperform” rating in a report on Friday, February 27th. Barclays increased their price objective on Sensata Technologies from $44.00 to $48.00 and gave the stock an “overweight” rating in a report on Monday. Truist Financial increased their price objective on Sensata Technologies from $35.00 to $38.00 and gave the stock a “hold” rating in a report on Friday, February 20th. Finally, Robert W. Baird increased their price objective on Sensata Technologies from $39.00 to $40.00 and gave the stock a “neutral” rating in a report on Friday, February 20th.

Insider Activity

In other Sensata Technologies news, EVP Lynne J. Caljouw sold 2,913 shares of the firm’s stock in a transaction dated Tuesday, April 7th. The stock was sold at an average price of $34.71, for a total transaction of $101,110.23. Following the transaction, the executive vice president directly owned 72,842 shares in the company, valued at $2,528,345.82. This trade represents a 3.85% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders sold 7,889 shares of company stock worth $280,345 in the last ninety days. 0.89% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Sensata Technologies

Institutional investors have recently bought and sold shares of the stock. Caprock Group LLC bought a new position in Sensata Technologies during the third quarter valued at about $1,566,000. First Citizens Bank & Trust Co. bought a new position in Sensata Technologies during the third quarter valued at about $1,002,000. Allspring Global Investments Holdings LLC bought a new position in Sensata Technologies during the third quarter valued at about $864,000. CWA Asset Management Group LLC bought a new position in Sensata Technologies during the fourth quarter valued at about $1,133,000. Finally, Seizert Capital Partners LLC bought a new position in Sensata Technologies during the third quarter valued at about $1,865,000. 99.42% of the stock is currently owned by institutional investors.

Sensata Technologies Trading Down 0.1%

Shares of ST opened at $38.91 on Tuesday. The stock has a market capitalization of $5.67 billion, a P/E ratio of 204.82, a P/E/G ratio of 1.15 and a beta of 1.14. The business’s 50-day moving average price is $35.76 and its 200 day moving average price is $33.77. The company has a current ratio of 2.57, a quick ratio of 1.78 and a debt-to-equity ratio of 1.02. Sensata Technologies has a 1-year low of $18.57 and a 1-year high of $39.44.

Sensata Technologies (NYSE:ST) last issued its quarterly earnings results on Saturday, February 14th. The scientific and technical instruments company reported $0.88 earnings per share for the quarter, beating analysts’ consensus estimates of $0.86 by $0.02. The business had revenue of $917.88 million for the quarter, compared to the consensus estimate of $911.03 million. Sensata Technologies had a return on equity of 17.92% and a net margin of 0.83%.Sensata Technologies’s revenue for the quarter was up 1.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.76 earnings per share. Analysts expect that Sensata Technologies will post 3.21 earnings per share for the current year.

Sensata Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 25th. Investors of record on Wednesday, February 11th were issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 1.2%. The ex-dividend date was Wednesday, February 11th. Sensata Technologies’s dividend payout ratio (DPR) is currently 252.63%.

About Sensata Technologies

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.