Harvey Investment Co. LLC Sells 15,454 Shares of Sensata Technologies Holding N.V. $ST

Harvey Investment Co. LLC trimmed its position in Sensata Technologies Holding N.V. (NYSE:ST) by 22.1% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 54,452 shares of the scientific and technical instruments company’s stock after selling 15,454 shares during the period. Harvey Investment Co. LLC’s holdings in Sensata Technologies were worth $1,664,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the business. Norges Bank purchased a new position in Sensata Technologies in the second quarter worth $53,385,000. SG Capital Management LLC bought a new position in Sensata Technologies in the 2nd quarter valued at $23,877,000. First Trust Advisors LP purchased a new position in shares of Sensata Technologies during the second quarter worth about $21,786,000. Nomura Holdings Inc. bought a new position in shares of Sensata Technologies in the 2nd quarter worth $18,066,000. Finally, Balyasny Asset Management L.P. raised its position in Sensata Technologies by 215.9% during the second quarter. Balyasny Asset Management L.P. now owns 821,001 shares of the scientific and technical instruments company’s stock valued at $24,720,000 after purchasing an additional 561,083 shares in the last quarter. 99.42% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Sensata Technologies

In related news, EVP David K. Stott sold 839 shares of the firm’s stock in a transaction dated Tuesday, November 11th. The shares were sold at an average price of $30.80, for a total value of $25,841.20. Following the transaction, the executive vice president directly owned 35,444 shares of the company’s stock, valued at approximately $1,091,675.20. This trade represents a 2.31% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Lynne J. Caljouw sold 3,207 shares of Sensata Technologies stock in a transaction dated Thursday, October 30th. The stock was sold at an average price of $32.45, for a total value of $104,067.15. Following the completion of the sale, the executive vice president owned 66,536 shares in the company, valued at approximately $2,159,093.20. The trade was a 4.60% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 272,356 shares of company stock valued at $7,880,364 in the last three months. 0.89% of the stock is currently owned by company insiders.

Sensata Technologies Trading Up 4.6%

Sensata Technologies stock opened at $34.84 on Monday. The company has a market capitalization of $5.07 billion, a price-to-earnings ratio of -174.17, a price-to-earnings-growth ratio of 1.28 and a beta of 1.15. Sensata Technologies Holding N.V. has a 52 week low of $17.32 and a 52 week high of $36.25. The stock has a 50-day moving average price of $32.36 and a 200 day moving average price of $31.70. The company has a quick ratio of 2.10, a current ratio of 2.91 and a debt-to-equity ratio of 1.18.

Sensata Technologies (NYSE:ST) last posted its quarterly earnings results on Tuesday, October 28th. The scientific and technical instruments company reported $0.89 EPS for the quarter, beating the consensus estimate of $0.85 by $0.04. The company had revenue of $931.98 million for the quarter, compared to analyst estimates of $918.83 million. Sensata Technologies had a negative net margin of 0.71% and a positive return on equity of 17.22%. The firm’s revenue was down 5.2% on a year-over-year basis. During the same period in the prior year, the company earned $0.86 earnings per share. Sensata Technologies has set its Q4 2025 guidance at 0.830-0.870 EPS. Sell-side analysts anticipate that Sensata Technologies Holding N.V. will post 3.21 EPS for the current year.

Sensata Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 26th. Stockholders of record on Wednesday, November 12th were paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend was Wednesday, November 12th. Sensata Technologies’s dividend payout ratio is presently -240.00%.

Analysts Set New Price Targets

Several analysts recently issued reports on the company. The Goldman Sachs Group raised their target price on Sensata Technologies from $40.00 to $44.00 and gave the stock a “buy” rating in a research note on Monday, September 29th. Wells Fargo & Company increased their target price on Sensata Technologies from $33.00 to $34.00 and gave the company an “equal weight” rating in a report on Wednesday, October 29th. Oppenheimer restated an “outperform” rating and set a $43.00 price objective on shares of Sensata Technologies in a research report on Wednesday, December 17th. Weiss Ratings reissued a “sell (d)” rating on shares of Sensata Technologies in a report on Monday, December 29th. Finally, Evercore ISI set a $32.00 price objective on Sensata Technologies in a research note on Wednesday, October 29th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, five have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $36.10.

Sensata Technologies Company Profile

Sensata Technologies Holdings N.V. is a global industrial technology company specializing in the design, development and manufacture of sensors and electrical protection solutions. The company’s product portfolio includes pressure, temperature, position, speed, current and magnetic sensors, as well as circuit breakers and other protection devices. Sensata’s offerings serve a wide array of end markets, with a particularly strong presence in automotive original equipment manufacturers (OEMs), industrial automation, heating, ventilation and air conditioning (HVAC), commercial aerospace and renewable energy sectors.

Headquartered in Attleboro, Massachusetts, Sensata operates a network of manufacturing and engineering facilities across North America, Europe, Asia Pacific and Latin America.