SG Americas Securities LLC Makes New Investment in Sensata Technologies Holding plc (NYSE:ST)

SG Americas Securities LLC purchased a new stake in Sensata Technologies Holding plc (NYSE:ST) in the fourth quarter, according to its most recent filing with the SEC. The fund purchased 25,601 shares of the scientific and technical instruments company’s stock, valued at approximately $701,000.

Other large investors have also recently added to or reduced their stakes in the company. Quarry LP lifted its holdings in shares of Sensata Technologies by 227.1% in the 2nd quarter. Quarry LP now owns 1,063 shares of the scientific and technical instruments company’s stock worth $40,000 after purchasing an additional 738 shares during the last quarter. Assetmark Inc. lifted its stake in Sensata Technologies by 19.0% in the third quarter. Assetmark Inc. now owns 2,602 shares of the scientific and technical instruments company’s stock valued at $93,000 after buying an additional 416 shares during the last quarter. Capstone Investment Advisors LLC acquired a new position in shares of Sensata Technologies during the third quarter valued at $237,000. Captrust Financial Advisors grew its position in shares of Sensata Technologies by 21.5% during the third quarter. Captrust Financial Advisors now owns 7,146 shares of the scientific and technical instruments company’s stock worth $256,000 after acquiring an additional 1,264 shares during the last quarter. Finally, 272 Capital LP acquired a new stake in shares of Sensata Technologies in the 3rd quarter worth about $292,000. 99.42% of the stock is currently owned by institutional investors.

Sensata Technologies Trading Down 1.5 %

NYSE:ST opened at $27.57 on Thursday. The company has a quick ratio of 1.76, a current ratio of 2.60 and a debt-to-equity ratio of 1.08. The company’s 50 day moving average is $29.27 and its 200-day moving average is $33.61. The firm has a market cap of $4.12 billion, a price-to-earnings ratio of -51.05, a P/E/G ratio of 0.87 and a beta of 1.24. Sensata Technologies Holding plc has a 12 month low of $26.65 and a 12 month high of $43.14.

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

Sensata Technologies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, February 26th. Stockholders of record on Wednesday, February 12th will be issued a dividend of $0.12 per share. The ex-dividend date is Wednesday, February 12th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.74%. Sensata Technologies’s dividend payout ratio (DPR) is presently -88.89%.

Wall Street Analyst Weigh In

ST has been the subject of a number of analyst reports. The Goldman Sachs Group reduced their target price on shares of Sensata Technologies from $36.00 to $32.00 and set a “neutral” rating for the company in a research note on Thursday, January 16th. UBS Group cut their target price on Sensata Technologies from $44.00 to $39.00 and set a “buy” rating on the stock in a research note on Wednesday, November 6th. Stifel Nicolaus reduced their price target on Sensata Technologies from $43.00 to $38.00 and set a “hold” rating for the company in a research report on Tuesday, November 5th. Oppenheimer cut their price objective on shares of Sensata Technologies from $47.00 to $44.00 and set an “outperform” rating on the stock in a research note on Tuesday, November 5th. Finally, Truist Financial decreased their target price on shares of Sensata Technologies from $38.00 to $33.00 and set a “hold” rating for the company in a research report on Tuesday, November 5th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have issued a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $39.58.

Sensata Technologies 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.