Cwm LLC Boosts Stake in Sensata Technologies Holding plc (NYSE:ST)

Cwm LLC lifted its position in Sensata Technologies Holding plc (NYSE:ST) by 15.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,194 shares of the scientific and technical instruments company’s stock after acquiring an additional 1,347 shares during the period. Cwm LLC’s holdings in Sensata Technologies were worth $366,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in ST. Fifth Third Bancorp increased its holdings in shares of Sensata Technologies by 0.9% in the second quarter. Fifth Third Bancorp now owns 29,509 shares of the scientific and technical instruments company’s stock valued at $1,103,000 after purchasing an additional 275 shares during the period. Retirement Systems of Alabama increased its holdings in Sensata Technologies by 0.3% in the 1st quarter. Retirement Systems of Alabama now owns 190,063 shares of the scientific and technical instruments company’s stock worth $6,983,000 after buying an additional 498 shares during the period. Arizona State Retirement System raised its position in Sensata Technologies by 1.3% during the 2nd quarter. Arizona State Retirement System now owns 42,125 shares of the scientific and technical instruments company’s stock worth $1,575,000 after buying an additional 529 shares during the last quarter. Ariel Investments LLC lifted its stake in Sensata Technologies by 7.0% during the 1st quarter. Ariel Investments LLC now owns 8,268 shares of the scientific and technical instruments company’s stock valued at $304,000 after acquiring an additional 539 shares during the period. Finally, NorthCrest Asset Manangement LLC boosted its holdings in shares of Sensata Technologies by 5.9% in the 2nd quarter. NorthCrest Asset Manangement LLC now owns 12,966 shares of the scientific and technical instruments company’s stock valued at $485,000 after acquiring an additional 720 shares during the last quarter. 99.42% of the stock is owned by institutional investors and hedge funds.

Sensata Technologies Trading Down 0.4 %

Shares of NYSE:ST opened at $35.99 on Monday. The firm has a market capitalization of $5.42 billion, a price-to-earnings ratio of -327.18, a price-to-earnings-growth ratio of 1.44 and a beta of 1.25. The business’s 50 day moving average price is $36.13 and its 200-day moving average price is $37.69. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.77 and a quick ratio of 1.31. Sensata Technologies Holding plc has a 1 year low of $30.56 and a 1 year high of $43.14.

Sensata Technologies (NYSE:ST) last announced its earnings results on Monday, July 29th. The scientific and technical instruments company reported $0.93 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.93. The business had revenue of $1.04 billion for the quarter, compared to analyst estimates of $1.04 billion. Sensata Technologies had a net margin of 0.21% and a return on equity of 17.57%. The company’s revenue for the quarter was down 2.5% compared to the same quarter last year. During the same quarter last year, the business earned $0.97 earnings per share. On average, equities research analysts forecast that Sensata Technologies Holding plc will post 3.55 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts recently issued reports on ST shares. The Goldman Sachs Group decreased their target price on shares of Sensata Technologies from $41.00 to $39.00 and set a “neutral” rating for the company in a research report on Tuesday, October 1st. Truist Financial decreased their price objective on Sensata Technologies from $46.00 to $38.00 and set a “hold” rating for the company in a report on Tuesday, July 30th. Bank of America dropped their target price on Sensata Technologies from $44.00 to $41.00 and set a “neutral” rating on the stock in a report on Tuesday, July 30th. JPMorgan Chase & Co. decreased their price target on Sensata Technologies from $35.00 to $34.00 and set an “underweight” rating for the company in a report on Friday, October 4th. Finally, Oppenheimer dropped their price objective on shares of Sensata Technologies from $50.00 to $47.00 and set an “outperform” rating on the stock in a research note on Wednesday, July 31st. One analyst has rated the stock with a sell rating, seven have given a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat, Sensata Technologies presently has an average rating of “Hold” and an average price target of $43.40.

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.