Foster & Motley Inc. raised its stake in shares of Sensata Technologies Holding N.V. (NYSE:ST – Free Report) by 176.4% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 45,518 shares of the scientific and technical instruments company’s stock after purchasing an additional 29,052 shares during the quarter. Foster & Motley Inc.’s holdings in Sensata Technologies were worth $1,603,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. CIBC Private Wealth Group LLC raised its position in Sensata Technologies by 700.0% during the 4th 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. EFG International AG purchased a new position in Sensata Technologies during the fourth quarter worth approximately $33,000. Parallel Advisors LLC raised its position in shares of Sensata Technologies by 62.7% during the 4th quarter. Parallel Advisors LLC now owns 1,072 shares of the scientific and technical instruments company’s stock worth $36,000 after purchasing an additional 413 shares during the last quarter. Atlas Capital Advisors Inc. purchased a new position in Sensata Technologies in the 4th quarter valued at $36,000. Finally, EverSource Wealth Advisors LLC raised its holdings in Sensata Technologies by 244.4% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,178 shares of the scientific and technical instruments company’s stock valued at $35,000 after acquiring an additional 836 shares during the last quarter. Hedge funds and other institutional investors own 99.42% of the company’s stock.
Sensata Technologies Stock Down 5.0%
Shares of Sensata Technologies stock opened at $46.73 on Friday. Sensata Technologies Holding N.V. has a twelve month low of $28.16 and a twelve month high of $53.89. The stock has a market cap of $6.80 billion, a price-to-earnings ratio of 150.75, a price-to-earnings-growth ratio of 1.42 and a beta of 1.26. The company has a current ratio of 2.75, a quick ratio of 1.95 and a debt-to-equity ratio of 1.00. The company has a fifty day moving average price of $47.09 and a 200 day moving average price of $39.41.
Sensata Technologies Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Wednesday, May 27th. Shareholders of record on Wednesday, May 13th were paid a dividend of $0.12 per share. The ex-dividend date was Wednesday, May 13th. This represents a $0.48 annualized dividend and a yield of 1.0%. Sensata Technologies’s payout ratio is presently 154.84%.
Analyst Upgrades and Downgrades
ST has been the subject of several research analyst reports. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Sensata Technologies in a research note on Friday, May 29th. Wells Fargo & Company boosted their target price on Sensata Technologies from $48.00 to $49.00 and gave the stock an “equal weight” rating in a research note on Thursday. UBS Group reiterated a “buy” rating and issued a $57.00 price objective on shares of Sensata Technologies in a research note on Tuesday, June 2nd. Truist Financial upgraded shares of Sensata Technologies from a “hold” rating to a “buy” rating and increased their target price for the stock from $43.00 to $58.00 in a research note on Wednesday, May 13th. Finally, Oppenheimer raised their target price on shares of Sensata Technologies from $50.00 to $55.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 29th. Four equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $47.80.
Read Our Latest Stock Report on Sensata Technologies
Insider Transactions at Sensata Technologies
In other Sensata Technologies news, EVP David K. Stott sold 6,335 shares of the business’s stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $47.40, for a total transaction of $300,279.00. Following the completion of the transaction, the executive vice president directly owned 39,687 shares of the company’s stock, valued at $1,881,163.80. The trade was a 13.77% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Lynne J. Caljouw sold 2,913 shares of the stock in a transaction that occurred 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 $2,528,345.82. This trade represents a 3.85% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.65% of the stock is owned by corporate insiders.
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.
Further Reading
- Five stocks we like better than Sensata Technologies
- Rocket Lab’s NASA Win Tests Key Support After Sharp Pullback
- AST SpaceMobile Just Nailed a Major Launch—So Why Is the Stock Crashing?
- Palantir’s Valuation Problem Just Met 2 New Growth Catalysts
- Xcel Energy Stock Offers Stability as Electricity Demand Builds
Want to see what other hedge funds are holding ST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Sensata Technologies Holding N.V. (NYSE:ST – Free Report).
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.
