Sensata Technologies Holding N.V. (NYSE:ST) Receives $36.10 Average Price Target from Analysts

Shares of Sensata Technologies Holding N.V. (NYSE:ST) have been given an average rating of “Hold” by the eleven ratings firms that are covering the stock, Marketbeat Ratings reports. Two analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $36.10.

ST has been the topic of a number of recent analyst reports. Evercore ISI set a $32.00 target price on Sensata Technologies in a research report on Wednesday, October 29th. Barclays reduced their price objective on shares of Sensata Technologies from $43.00 to $40.00 and set an “overweight” rating for the company in a research note on Monday, January 12th. Wells Fargo & Company lifted their target price on shares of Sensata Technologies from $34.00 to $37.00 and gave the stock an “equal weight” rating in a research report on Monday, January 12th. Weiss Ratings restated a “sell (d)” rating on shares of Sensata Technologies in a report on Monday, December 29th. Finally, Oppenheimer reaffirmed an “outperform” rating and issued a $43.00 price objective on shares of Sensata Technologies in a research note on Wednesday, December 17th.

Sensata Technologies Trading Up 2.1%

Shares of ST stock opened at $36.11 on Thursday. The firm has a market capitalization of $5.26 billion, a PE ratio of -180.54, a price-to-earnings-growth ratio of 1.33 and a beta of 1.16. The company has a debt-to-equity ratio of 1.18, a quick ratio of 2.10 and a current ratio of 2.91. Sensata Technologies has a 1 year low of $17.32 and a 1 year high of $36.79. The stock has a fifty day moving average of $34.30 and a two-hundred day moving average of $32.38.

Sensata Technologies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, February 25th. Shareholders of record on Wednesday, February 11th will be paid a dividend of $0.12 per share. The ex-dividend date of this dividend is Wednesday, February 11th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.3%. Sensata Technologies’s dividend payout ratio (DPR) is -240.00%.

Insider Buying and Selling at Sensata Technologies

In related news, EVP David K. Stott sold 839 shares of the stock in a transaction on Tuesday, November 11th. The stock was sold at an average price of $30.80, for a total transaction of $25,841.20. Following the completion of the sale, the executive vice president directly owned 35,444 shares in the company, valued at approximately $1,091,675.20. This trade represents a 2.31% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Ali John Mirshekari sold 125,939 shares of the business’s stock in a transaction dated Wednesday, November 19th. The shares were sold at an average price of $28.83, for a total value of $3,630,821.37. Following the completion of the transaction, the director owned 142,371 shares in the company, valued at $4,104,555.93. This trade represents a 46.94% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 269,149 shares of company stock worth $7,776,297. 0.89% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Woodline Partners LP lifted its holdings in shares of Sensata Technologies by 165.4% during the third quarter. Woodline Partners LP now owns 4,975,745 shares of the scientific and technical instruments company’s stock worth $152,009,000 after buying an additional 3,100,927 shares during the last quarter. Norges Bank bought a new position in Sensata Technologies during the second quarter worth $53,385,000. SG Capital Management LLC acquired a new position in Sensata Technologies during the 2nd quarter valued at $23,877,000. Pzena Investment Management LLC bought a new stake in Sensata Technologies in the 3rd quarter valued at $22,317,000. Finally, First Trust Advisors LP acquired a new stake in Sensata Technologies in the 2nd quarter worth $21,786,000. 99.42% of the stock is currently owned by institutional investors and hedge funds.

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.