Sensata Technologies Holding plc (NYSE:ST) Given Consensus Recommendation of “Hold” by Analysts

Shares of Sensata Technologies Holding plc (NYSE:ST) have received an average recommendation of “Hold” from the thirteen analysts that are currently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have assigned a buy rating to the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $39.08.

ST has been the subject of a number of recent research reports. UBS Group decreased their price target on shares of Sensata Technologies from $38.00 to $37.00 and set a “buy” rating for the company in a research note on Wednesday, February 12th. Evercore ISI decreased their price target on shares of Sensata Technologies from $43.00 to $40.00 and set an “outperform” rating for the company in a research note on Friday, January 17th. Oppenheimer decreased their price target on shares of Sensata Technologies from $44.00 to $40.00 and set an “outperform” rating for the company in a research note on Thursday, February 13th. Finally, The Goldman Sachs Group decreased their price target 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.

Sensata Technologies Trading Up 2.7 %

Shares of Sensata Technologies stock opened at $27.18 on Monday. The company has a fifty day simple moving average of $27.93 and a 200-day simple moving average of $31.39. Sensata Technologies has a 12-month low of $24.91 and a 12-month high of $43.14. 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 stock has a market cap of $4.07 billion, a price-to-earnings ratio of 32.36, a PEG ratio of 1.25 and a beta of 1.20.

Sensata Technologies (NYSE:ST) last issued its earnings results on Tuesday, February 11th. The scientific and technical instruments company reported $0.76 earnings per share (EPS) 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%. On average, equities analysts forecast that Sensata Technologies will post 3.21 EPS for the current fiscal year.

Sensata Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, February 26th. Stockholders of record on Wednesday, February 12th were issued a $0.12 dividend. The ex-dividend date was Wednesday, February 12th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.77%. Sensata Technologies’s dividend payout ratio is presently 57.14%.

Hedge Funds Weigh In On Sensata Technologies

A number of large investors have recently made changes to their positions in ST. Fuller & Thaler Asset Management Inc. increased its holdings in shares of Sensata Technologies by 96.8% in the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 5,260,870 shares of the scientific and technical instruments company’s stock valued at $144,148,000 after purchasing an additional 2,587,183 shares in the last quarter. Price T Rowe Associates Inc. MD increased its holdings in shares of Sensata Technologies by 36.4% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 7,821,428 shares of the scientific and technical instruments company’s stock valued at $214,308,000 after purchasing an additional 2,088,161 shares in the last quarter. Norges Bank purchased a new position in shares of Sensata Technologies in the 4th quarter valued at about $48,580,000. Woodline Partners LP increased its holdings in shares of Sensata Technologies by 65.2% in the 4th quarter. Woodline Partners LP now owns 2,277,826 shares of the scientific and technical instruments company’s stock valued at $62,412,000 after purchasing an additional 898,835 shares in the last quarter. Finally, Eminence Capital LP increased its holdings in shares of Sensata Technologies by 25.2% in the 4th quarter. Eminence Capital LP now owns 4,318,718 shares of the scientific and technical instruments company’s stock valued at $118,333,000 after purchasing an additional 870,419 shares in the last quarter. Hedge funds and other institutional investors own 99.42% of the company’s stock.

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.