Wall Street Zen upgraded shares of Sensata Technologies (NYSE:ST – Free Report) from a buy rating to a strong-buy rating in a research report released on Saturday,Wall Street Zen reports.
Other equities analysts have also issued research reports about the stock. UBS Group reaffirmed a “buy” rating and set a $57.00 target price on shares of Sensata Technologies in a research report on Tuesday, June 2nd. Barclays increased their price target on shares of Sensata Technologies from $53.00 to $55.00 and gave the company an “equal weight” rating in a report on Monday, August 3rd. Bank of America boosted their price objective on shares of Sensata Technologies from $46.00 to $48.00 and gave the stock a “neutral” rating in a report on Thursday, July 9th. Wells Fargo & Company upped their price objective on shares of Sensata Technologies from $48.00 to $49.00 and gave the company an “equal weight” rating in a research report on Thursday, June 25th. Finally, Weiss Ratings cut shares of Sensata Technologies from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, July 30th. Four research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $49.10.
Sensata Technologies Price Performance
Sensata Technologies (NYSE:ST – Get Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The scientific and technical instruments company reported $0.98 EPS for the quarter, topping the consensus estimate of $0.93 by $0.05. Sensata Technologies had a return on equity of 18.68% and a net margin of 2.37%.The company had revenue of $990.60 million for the quarter, compared to the consensus estimate of $970.39 million. During the same period in the previous year, the business posted $0.87 EPS. The company’s revenue for the quarter was up 5.0% on a year-over-year basis. Sensata Technologies has set its Q3 2026 guidance at 0.930-0.970 EPS. Research analysts predict that Sensata Technologies will post 3.77 earnings per share for the current year.
Sensata Technologies Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 26th. Shareholders of record on Wednesday, August 12th were paid a dividend of $0.12 per share. The ex-dividend date was Wednesday, August 12th. This represents a $0.48 dividend on an annualized basis and a yield of 1.1%. Sensata Technologies’s payout ratio is currently 80.00%.
Institutional Investors Weigh In On Sensata Technologies
Several institutional investors and hedge funds have recently bought and sold shares of ST. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in Sensata Technologies in the 2nd quarter valued at $4,824,000. Medina Value Partners LLC bought a new stake in shares of Sensata Technologies during the fourth quarter worth $3,753,000. Strategic Global Advisors LLC grew its holdings in shares of Sensata Technologies by 92.3% during the fourth quarter. Strategic Global Advisors LLC now owns 298,367 shares of the scientific and technical instruments company’s stock worth $9,933,000 after purchasing an additional 143,227 shares during the last quarter. Handelsbanken Fonder AB increased its stake in shares of Sensata Technologies by 113.5% in the fourth quarter. Handelsbanken Fonder AB now owns 487,232 shares of the scientific and technical instruments company’s stock valued at $16,220,000 after buying an additional 258,997 shares in the last quarter. Finally, Hudson Edge Investment Partners Inc. acquired a new stake in shares of Sensata Technologies in the first quarter valued at $951,000. Institutional investors own 99.42% of the company’s stock.
Sensata Technologies Company Profile
Sensata Technologies Holding plc (NYSE: ST) develops and manufactures sensing, electrical protection, and control technologies. Its products are designed to help customers monitor, manage, and protect equipment and systems across transportation, industrial, aerospace, energy, and other markets.
The company’s offerings include pressure, temperature, position, speed, and current sensors, as well as circuit breakers, contactors, controls, and other components used in vehicle systems, industrial machinery, heating and cooling equipment, appliances, and power-management applications.
See Also
- Five stocks we like better than Sensata Technologies
- Rocket Lab Tackles a Supply Chain Bottleneck as the Stock Hunts for a Bottom. Time to Buy?
- Optical Cable Corporation Is Starting to Get the Market’s Attention
- Oil Above $100 Is Creating a New Opportunity Beyond the Major Producers
- Is Nike’s Index Demotion a Warning or a Buying Opportunity?
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.
