Sensata Technologies Holding N.V. $ST Shares Purchased by Guinness Asset Management LTD

Guinness Asset Management LTD boosted its holdings in Sensata Technologies Holding N.V. (NYSE:ST) by 4.1% during the fourth quarter, Holdings Channel reports. The institutional investor owned 277,415 shares of the scientific and technical instruments company’s stock after buying an additional 10,855 shares during the period. Guinness Asset Management LTD’s holdings in Sensata Technologies were worth $9,207,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Caprock Group LLC acquired a new stake in Sensata Technologies in the 3rd quarter worth about $1,566,000. First Citizens Bank & Trust Co. acquired a new stake in Sensata Technologies in the 3rd quarter worth about $1,002,000. CWA Asset Management Group LLC acquired a new stake in Sensata Technologies in the 4th quarter worth about $1,133,000. Envestnet Portfolio Solutions Inc. acquired a new stake in Sensata Technologies in the 3rd quarter worth about $1,163,000. Finally, Dimensional Fund Advisors LP boosted its stake in Sensata Technologies by 2.2% in the 3rd quarter. Dimensional Fund Advisors LP now owns 7,023,238 shares of the scientific and technical instruments company’s stock worth $214,557,000 after buying an additional 150,013 shares during the last quarter. 99.42% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the company. The Goldman Sachs Group raised their price target on Sensata Technologies from $43.00 to $48.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. Barclays raised their price target on Sensata Technologies from $48.00 to $49.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 29th. Oppenheimer raised their price target on Sensata Technologies from $50.00 to $55.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 29th. Weiss Ratings upgraded Sensata Technologies from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, March 2nd. Finally, Robert W. Baird raised their price objective on Sensata Technologies from $39.00 to $40.00 and gave the stock a “neutral” rating in a report on Friday, February 20th. Five investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $44.60.

Sensata Technologies Stock Performance

Sensata Technologies stock opened at $48.65 on Friday. The stock’s 50-day moving average is $39.86 and its 200-day moving average is $36.10. The company has a market cap of $7.08 billion, a price-to-earnings ratio of 156.95, a price-to-earnings-growth ratio of 1.37 and a beta of 1.21. The company has a debt-to-equity ratio of 1.00, a current ratio of 2.75 and a quick ratio of 1.95. Sensata Technologies Holding N.V. has a 12 month low of $24.69 and a 12 month high of $49.36.

Sensata Technologies (NYSE:ST) last released its quarterly earnings data on Tuesday, March 31st. The scientific and technical instruments company reported $0.86 EPS for the quarter. The company had revenue of $934.80 million for the quarter. Sensata Technologies had a return on equity of 18.23% and a net margin of 1.28%. Equities analysts anticipate that Sensata Technologies Holding N.V. will post 3.73 earnings per share for the current year.

Sensata Technologies Announces Dividend

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

Insider Transactions at Sensata Technologies

In related news, EVP David K. Stott sold 6,335 shares of the firm’s stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $47.40, for a total transaction of $300,279.00. Following the sale, the executive vice president directly owned 39,687 shares in the company, valued at approximately $1,881,163.80. This trade represents a 13.77% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Lynne J. Caljouw sold 2,913 shares of the firm’s stock in a transaction dated Tuesday, April 7th. The shares were sold at an average price of $34.71, for a total value of $101,110.23. Following the sale, the executive vice president owned 72,842 shares in the company, valued at approximately $2,528,345.82. The trade was a 3.85% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 11,728 shares of company stock worth $486,949. Company insiders own 0.65% of the company’s stock.

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.