Sensata Technologies Holding N.V. (NYSE:ST) Receives $43.10 Consensus Target Price from Analysts

Shares of Sensata Technologies Holding N.V. (NYSE:ST) have received a consensus rating of “Hold” from the eleven analysts that are currently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, five have given a hold rating and five have assigned a buy rating to the company. The average 12-month price objective among analysts that have covered the stock in the last year is $44.60.

A number of brokerages have weighed in on ST. Wall Street Zen lowered shares of Sensata Technologies from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 2nd. Barclays increased their target price on shares of Sensata Technologies from $48.00 to $49.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 29th. Oppenheimer increased their target price on shares of Sensata Technologies from $50.00 to $55.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 29th. Truist Financial upgraded shares of Sensata Technologies from a “hold” rating to a “buy” rating and increased their target price for the stock from $43.00 to $58.00 in a research report on Wednesday. Finally, Robert W. Baird increased 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.

Insiders Place Their Bets

In other Sensata Technologies news, EVP Lynne J. Caljouw sold 2,913 shares of the stock in a transaction dated Tuesday, April 7th. The shares were sold at an average price of $34.71, for a total transaction of $101,110.23. Following the completion of the transaction, the executive vice president owned 72,842 shares in the company, valued at $2,528,345.82. This trade represents a 3.85% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.65% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Sensata Technologies

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Woodline Partners LP boosted its position in shares of Sensata Technologies by 165.4% in the third quarter. Woodline Partners LP now owns 4,975,745 shares of the scientific and technical instruments company’s stock valued at $152,009,000 after acquiring an additional 3,100,927 shares during the period. Pzena Investment Management LLC boosted its position in shares of Sensata Technologies by 380.4% in the fourth quarter. Pzena Investment Management LLC now owns 3,509,416 shares of the scientific and technical instruments company’s stock valued at $116,828,000 after acquiring an additional 2,778,918 shares during the period. Norges Bank bought a new position in shares of Sensata Technologies in the fourth quarter valued at approximately $62,966,000. Barrow Hanley Mewhinney & Strauss LLC boosted its position in shares of Sensata Technologies by 28.7% in the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 4,313,603 shares of the scientific and technical instruments company’s stock valued at $143,600,000 after acquiring an additional 961,457 shares during the period. Finally, First Trust Advisors LP bought a new position in shares of Sensata Technologies in the second quarter valued at approximately $21,786,000. Institutional investors own 99.42% of the company’s stock.

Sensata Technologies Price Performance

ST opened at $48.19 on Friday. The firm has a market cap of $7.01 billion, a P/E ratio of 155.47, a PEG ratio of 1.29 and a beta of 1.21. The firm has a 50-day moving average of $37.94 and a 200 day moving average of $35.34. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.95 and a current ratio of 2.75. Sensata Technologies has a fifty-two week low of $24.69 and a fifty-two week high of $49.36.

Sensata Technologies (NYSE:ST) last posted its quarterly earnings results on Tuesday, March 31st. The scientific and technical instruments company reported $0.86 earnings per share for the quarter. The company had revenue of $934.80 million during the quarter. Sensata Technologies had a net margin of 1.28% and a return on equity of 18.23%. On average, research analysts expect that Sensata Technologies will post 3.72 EPS for the current year.

Sensata Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, May 27th. Shareholders of record on Wednesday, May 13th will be given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date is Wednesday, May 13th. Sensata Technologies’s dividend payout ratio (DPR) is currently 154.84%.

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.