Analysts Set Sensata Technologies Holding plc (NYSE:ST) PT at $39.58

Sensata Technologies Holding plc (NYSE:ST) has earned an average rating of “Hold” from the thirteen brokerages that are presently covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have given a buy rating to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $39.58.

ST has been the subject of several research reports. Oppenheimer dropped their price objective on shares of Sensata Technologies from $47.00 to $44.00 and set an “outperform” rating for the company in a report on Tuesday, November 5th. Evercore ISI decreased their target price on shares of Sensata Technologies from $43.00 to $40.00 and set an “outperform” rating on the stock in a research report on Friday, January 17th. TD Cowen decreased their target price on shares of Sensata Technologies from $50.00 to $45.00 and set a “buy” rating on the stock in a research report on Wednesday, November 6th. Robert W. Baird decreased their target price on shares of Sensata Technologies from $40.00 to $36.00 and set a “neutral” rating on the stock in a research report on Tuesday, November 5th. Finally, UBS Group decreased their target price on shares of Sensata Technologies from $44.00 to $39.00 and set a “buy” rating on the stock in a research report on Wednesday, November 6th.

Hedge Funds Weigh In On Sensata Technologies

A number of hedge funds have recently added to or reduced their stakes in the stock. Kempner Capital Management Inc. boosted its stake in shares of Sensata Technologies by 233.9% during the fourth quarter. Kempner Capital Management Inc. now owns 209,064 shares of the scientific and technical instruments company’s stock valued at $5,728,000 after purchasing an additional 146,449 shares in the last quarter. Hanson & Doremus Investment Management boosted its stake in shares of Sensata Technologies by 4.6% during the fourth quarter. Hanson & Doremus Investment Management now owns 15,669 shares of the scientific and technical instruments company’s stock valued at $429,000 after purchasing an additional 696 shares in the last quarter. Robeco Institutional Asset Management B.V. boosted its stake in shares of Sensata Technologies by 5.0% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 48,399 shares of the scientific and technical instruments company’s stock valued at $1,326,000 after purchasing an additional 2,285 shares in the last quarter. R Squared Ltd bought a new position in shares of Sensata Technologies during the fourth quarter valued at approximately $104,000. Finally, KBC Group NV boosted its stake in shares of Sensata Technologies by 83.5% during the fourth quarter. KBC Group NV now owns 7,286 shares of the scientific and technical instruments company’s stock valued at $200,000 after purchasing an additional 3,315 shares in the last quarter. 99.42% of the stock is currently owned by institutional investors.

Sensata Technologies Stock Up 1.0 %

ST opened at $29.07 on Friday. The firm has a 50-day simple moving average of $29.52 and a two-hundred day simple moving average of $33.96. Sensata Technologies has a 52 week low of $26.65 and a 52 week high of $43.14. The company has a market capitalization of $4.35 billion, a PE ratio of -53.82, a price-to-earnings-growth ratio of 0.88 and a beta of 1.24. The company has a quick ratio of 1.76, a current ratio of 2.60 and a debt-to-equity ratio of 1.08.

Sensata Technologies (NYSE:ST) last released its quarterly earnings data on Monday, November 4th. The scientific and technical instruments company reported $0.86 EPS for the quarter, meeting the consensus estimate of $0.86. Sensata Technologies had a negative net margin of 1.98% and a positive return on equity of 17.68%. The business had revenue of $982.80 million during the quarter, compared to the consensus estimate of $983.93 million. During the same quarter in the prior year, the firm earned $0.91 EPS. The business’s revenue was down 1.8% on a year-over-year basis. Analysts forecast that Sensata Technologies will post 3.44 earnings per share for the current fiscal year.

Sensata Technologies Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 13th were paid a $0.12 dividend. The ex-dividend date was Wednesday, November 13th. This represents a $0.48 dividend on an annualized basis and a yield of 1.65%. Sensata Technologies’s dividend payout ratio is currently -88.89%.

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.