Versor Investments LP acquired a new stake in shares of Sensata Technologies Holding N.V. (NYSE:ST – Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 20,540 shares of the scientific and technical instruments company’s stock, valued at approximately $684,000.
Several other institutional investors also recently bought and sold shares of the business. Vanguard Group Inc. increased its holdings in Sensata Technologies by 2.4% during the third quarter. Vanguard Group Inc. now owns 14,997,522 shares of the scientific and technical instruments company’s stock valued at $458,174,000 after buying an additional 346,547 shares during the period. Dimensional Fund Advisors LP increased its holdings in Sensata Technologies by 2.2% during the third quarter. Dimensional Fund Advisors LP now owns 7,023,238 shares of the scientific and technical instruments company’s stock valued at $214,557,000 after buying an additional 150,013 shares during the period. Woodline Partners LP increased its holdings in Sensata Technologies by 165.4% during the third quarter. Woodline Partners LP now owns 4,975,745 shares of the scientific and technical instruments company’s stock valued at $152,009,000 after buying an additional 3,100,927 shares during the period. Barrow Hanley Mewhinney & Strauss LLC increased its holdings in Sensata Technologies by 16.4% during the third quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 3,352,146 shares of the scientific and technical instruments company’s stock valued at $102,408,000 after buying an additional 471,274 shares during the period. Finally, Boston Partners increased its holdings in Sensata Technologies by 1.1% during the third quarter. Boston Partners now owns 2,824,838 shares of the scientific and technical instruments company’s stock valued at $86,606,000 after buying an additional 29,664 shares during the period. 99.42% of the stock is owned by hedge funds and other institutional investors.
Insider Activity at Sensata Technologies
In other news, EVP Lynne J. Caljouw sold 2,913 shares of Sensata Technologies stock in a transaction on Tuesday, April 7th. The shares were sold at an average price of $34.71, for a total transaction of $101,110.23. Following the completion of the sale, the executive vice president directly owned 72,842 shares in the company, valued at approximately $2,528,345.82. The trade was a 3.85% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.65% of the company’s stock.
Sensata Technologies Trading Up 8.3%
Sensata Technologies (NYSE:ST – Get Free Report) last posted its quarterly earnings data on Tuesday, March 31st. The scientific and technical instruments company reported $0.86 EPS for the quarter. Sensata Technologies had a net margin of 1.28% and a return on equity of 18.23%. The business had revenue of $934.80 million during the quarter. On average, equities research analysts anticipate that Sensata Technologies Holding N.V. will post 3.72 earnings per share for the current year.
Sensata Technologies Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 27th. Stockholders of record on Wednesday, May 13th will be paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 1.0%. The ex-dividend date is Wednesday, May 13th. Sensata Technologies’s payout ratio is presently 154.84%.
Analyst Upgrades and Downgrades
ST has been the topic of several analyst reports. Wells Fargo & Company lifted their price target on shares of Sensata Technologies from $37.00 to $42.00 and gave the stock an “equal weight” rating in a report on Wednesday, April 29th. The Goldman Sachs Group lifted their price target on shares of Sensata Technologies from $43.00 to $48.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. UBS Group lifted their price target on shares of Sensata Technologies from $45.00 to $48.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Barclays lifted their price target on shares of Sensata Technologies from $48.00 to $49.00 and gave the stock an “overweight” rating in a report on Wednesday, April 29th. Finally, Wall Street Zen lowered shares of Sensata Technologies from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 2nd. Five research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Sensata Technologies presently has an average rating of “Hold” and an average price target of $44.60.
Sensata Technologies 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.
Read More
- Five stocks we like better than Sensata Technologies
- D-Wave Earnings Looked Weak, But Investors May Be Missing This
- Nebius Upside Expands as AI Feedback Loop Intensifies
- Insider Trades: Okta and Abbott See Buys, Micron Insiders Sell
- Plug Power Flips The Switch On Profitability
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.
