Sensata Technologies Holding plc (NYSE:ST) Receives $39.42 Average PT from Brokerages

Sensata Technologies Holding plc (NYSE:ST) has been assigned a consensus recommendation of “Hold” from the thirteen research firms that are currently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, seven have issued a hold recommendation and five have given a buy recommendation to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $39.08.

Several research firms recently weighed in on ST. JPMorgan Chase & Co. dropped their price objective on shares of Sensata Technologies from $34.00 to $32.00 and set an “underweight” rating on the stock in a research note on Tuesday, November 5th. Stifel Nicolaus dropped their price target on Sensata Technologies from $43.00 to $38.00 and set a “hold” rating on the stock in a research report on Tuesday, November 5th. Evercore ISI cut their price target on Sensata Technologies from $43.00 to $40.00 and set an “outperform” rating on the stock in a report on Friday, January 17th. Truist Financial lowered their price objective on Sensata Technologies from $38.00 to $33.00 and set a “hold” rating for the company in a research note on Tuesday, November 5th. Finally, Oppenheimer cut their target price on Sensata Technologies from $44.00 to $40.00 and set an “outperform” rating on the stock in a research note on Thursday, February 13th.

Hedge Funds Weigh In On Sensata Technologies

Several large investors have recently bought and sold shares of ST. CWM LLC increased its position in shares of Sensata Technologies by 15.2% during the 3rd quarter. CWM LLC now owns 10,194 shares of the scientific and technical instruments company’s stock valued at $366,000 after purchasing an additional 1,347 shares during the period. Raymond James & Associates grew its holdings in Sensata Technologies by 148.4% during the third quarter. Raymond James & Associates now owns 194,149 shares of the scientific and technical instruments company’s stock worth $6,962,000 after acquiring an additional 115,986 shares during the period. Copeland Capital Management LLC raised its position in Sensata Technologies by 21.7% in the third quarter. Copeland Capital Management LLC now owns 1,788,320 shares of the scientific and technical instruments company’s stock worth $64,129,000 after acquiring an additional 319,424 shares in the last quarter. Lecap Asset Management Ltd. bought a new stake in Sensata Technologies in the third quarter worth about $683,000. Finally, International Assets Investment Management LLC acquired a new stake in Sensata Technologies in the 3rd quarter valued at about $1,110,000. Institutional investors and hedge funds own 99.42% of the company’s stock.

Sensata Technologies Price Performance

Shares of NYSE ST opened at $30.02 on Thursday. The company has a current ratio of 2.85, a quick ratio of 1.99 and a debt-to-equity ratio of 1.11. The company has a market capitalization of $4.49 billion, a price-to-earnings ratio of 35.74, a price-to-earnings-growth ratio of 1.22 and a beta of 1.23. Sensata Technologies has a twelve month low of $24.91 and a twelve month high of $43.14. The business has a 50 day simple moving average of $27.91 and a 200-day simple moving average of $32.36.

Sensata Technologies (NYSE:ST) last released its earnings results on Tuesday, February 11th. The scientific and technical instruments company reported $0.76 earnings per share for the quarter, meeting the consensus estimate of $0.76. Sensata Technologies had a net margin of 3.27% and a return on equity of 17.54%. As a group, equities research analysts expect that Sensata Technologies will post 3.24 earnings per share for the current year.

Sensata Technologies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, February 26th. Investors of record on Wednesday, February 12th will be given a $0.12 dividend. The ex-dividend date is Wednesday, February 12th. This represents a $0.48 dividend on an annualized basis and a yield of 1.60%. Sensata Technologies’s dividend payout ratio is presently 57.14%.

About Sensata Technologies

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.