62,210 Shares in Sensata Technologies Holding plc (NYSE:ST) Bought by Koss Olinger Consulting LLC

Koss Olinger Consulting LLC bought a new stake in Sensata Technologies Holding plc (NYSE:ST) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 62,210 shares of the scientific and technical instruments company’s stock, valued at approximately $2,326,000.

Several other large investors also recently modified their holdings of the business. Principal Securities Inc. acquired a new position in shares of Sensata Technologies in the 4th quarter valued at approximately $29,000. GAMMA Investing LLC lifted its stake in Sensata Technologies by 399.0% in the second quarter. GAMMA Investing LLC now owns 968 shares of the scientific and technical instruments company’s stock valued at $36,000 after buying an additional 774 shares in the last quarter. Versant Capital Management Inc acquired a new position in shares of Sensata Technologies in the second quarter valued at approximately $37,000. SageView Advisory Group LLC bought a new stake in shares of Sensata Technologies during the first quarter worth $85,000. Finally, First Horizon Advisors Inc. raised its holdings in shares of Sensata Technologies by 57.9% during the second quarter. First Horizon Advisors Inc. now owns 2,529 shares of the scientific and technical instruments company’s stock worth $95,000 after acquiring an additional 927 shares during the period. 99.42% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on ST shares. Truist Financial reduced their target price on shares of Sensata Technologies from $46.00 to $38.00 and set a “hold” rating for the company in a research note on Tuesday, July 30th. Bank of America reduced their price objective on Sensata Technologies from $44.00 to $41.00 and set a “neutral” rating for the company in a research report on Tuesday, July 30th. Oppenheimer dropped their target price on Sensata Technologies from $50.00 to $47.00 and set an “outperform” rating on the stock in a research report on Wednesday, July 31st. Wolfe Research began coverage on Sensata Technologies in a research report on Thursday. They set a “peer perform” rating for the company. Finally, Vertical Research started coverage on shares of Sensata Technologies in a report on Tuesday, July 23rd. They issued a “buy” rating and a $55.00 price objective on the stock. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $44.10.

Sensata Technologies Price Performance

NYSE:ST opened at $35.19 on Friday. The company has a current ratio of 1.77, a quick ratio of 1.31 and a debt-to-equity ratio of 1.06. The firm has a fifty day simple moving average of $37.83 and a 200 day simple moving average of $37.66. Sensata Technologies Holding plc has a 1-year low of $30.56 and a 1-year high of $43.14. The stock has a market capitalization of $5.30 billion, a PE ratio of -319.91, a P/E/G ratio of 1.31 and a beta of 1.26.

Sensata Technologies (NYSE:ST) last announced its quarterly earnings data on Monday, July 29th. The scientific and technical instruments company reported $0.93 EPS for the quarter, meeting analysts’ consensus estimates of $0.93. The company had revenue of $1.04 billion during the quarter, compared to the consensus estimate of $1.04 billion. Sensata Technologies had a net margin of 0.21% and a return on equity of 17.57%. The company’s quarterly revenue was down 2.5% on a year-over-year basis. During the same quarter last year, the firm posted $0.97 EPS. On average, research analysts expect that Sensata Technologies Holding plc will post 3.57 EPS for the current fiscal year.

Sensata Technologies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, August 28th. Shareholders of record on Wednesday, August 14th were paid a $0.12 dividend. The ex-dividend date of this dividend was Wednesday, August 14th. This represents a $0.48 annualized dividend and a yield of 1.36%. Sensata Technologies’s dividend payout ratio is -436.36%.

Sensata Technologies Company 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.