Dynamic Technology Lab Private Ltd bought a new position in Sensata Technologies Holding N.V. (NYSE:ST – Free Report) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 49,659 shares of the scientific and technical instruments company’s stock, valued at approximately $1,517,000.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Norges Bank acquired a new position in shares of Sensata Technologies during the second quarter worth about $53,385,000. SG Capital Management LLC acquired a new stake in Sensata Technologies in the second quarter valued at about $23,877,000. Pzena Investment Management LLC purchased a new stake in Sensata Technologies in the 3rd quarter valued at approximately $22,317,000. First Trust Advisors LP acquired a new position in Sensata Technologies during the 2nd quarter worth approximately $21,786,000. Finally, Nomura Holdings Inc. acquired a new position in Sensata Technologies during the 2nd quarter worth approximately $18,066,000. Hedge funds and other institutional investors own 99.42% of the company’s stock.
Sensata Technologies Price Performance
ST stock opened at $33.04 on Friday. The firm has a 50 day moving average of $35.53 and a 200-day moving average of $33.16. The company has a market cap of $4.82 billion, a price-to-earnings ratio of 173.88, a PEG ratio of 0.97 and a beta of 1.14. The company has a current ratio of 2.57, a quick ratio of 1.78 and a debt-to-equity ratio of 1.02. Sensata Technologies Holding N.V. has a 12-month low of $17.32 and a 12-month high of $39.09.
Sensata Technologies Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Wednesday, February 25th. Shareholders of record on Wednesday, February 11th were issued a $0.12 dividend. The ex-dividend date of this dividend was Wednesday, February 11th. This represents a $0.48 annualized dividend and a yield of 1.5%. Sensata Technologies’s dividend payout ratio is 252.63%.
Insider Buying and Selling at Sensata Technologies
In other news, EVP Lynne J. Caljouw sold 2,496 shares of the firm’s stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $37.53, for a total value of $93,674.88. Following the completion of the transaction, the executive vice president owned 64,040 shares in the company, valued at $2,403,421.20. This trade represents a 3.75% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.89% of the stock is currently owned by corporate insiders.
Analysts Set New Price Targets
Several analysts have recently commented on ST shares. Bank of America raised their price target on Sensata Technologies from $37.00 to $40.00 and gave the company a “neutral” rating in a report on Friday, February 20th. Wells Fargo & Company upped their price objective on Sensata Technologies from $34.00 to $37.00 and gave the stock an “equal weight” rating in a report on Monday, January 12th. Truist Financial increased their price objective on Sensata Technologies from $35.00 to $38.00 and gave the stock a “hold” rating in a research report on Friday, February 20th. Weiss Ratings raised Sensata Technologies from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, March 2nd. Finally, Robert W. Baird boosted their target price on shares of Sensata Technologies from $39.00 to $40.00 and gave the stock a “neutral” rating in a research report on Friday, February 20th. Four research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $40.20.
View Our Latest Research Report on ST
Sensata Technologies 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.
Read More
- Five stocks we like better than Sensata Technologies
- Buffett, Gates and Bezos Quietly Dumping Stocks—Here’s Why
- Trump Planning to Use Public Law 63-43: Prepare Now
- How JPMorgan’s $8,000 Gold Call Will Leave Most Retirement Accounts Behind
- Silver Is the New Oil—And the World’s Running Dry
- Nvidia CEO Issues Bold Tesla Call
Receive News & Ratings for Sensata Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sensata Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
