Sensata Technologies (NYSE:ST) Raised to “Strong-Buy” at Wall Street Zen

Sensata Technologies (NYSE:ST) was upgraded by investment analysts at Wall Street Zen from a “buy” rating to a “strong-buy” rating in a research report issued to clients and investors on Saturday, Wall Street Zen reports.

A number of other research analysts also recently commented on the company. The Goldman Sachs Group boosted their target price on Sensata Technologies from $48.00 to $60.00 and gave the company a “buy” rating in a research note on Tuesday, May 26th. Oppenheimer lifted their price target on Sensata Technologies from $55.00 to $58.00 and gave the company an “outperform” rating in a report on Friday, July 31st. Weiss Ratings cut Sensata Technologies from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, July 30th. UBS Group restated a “buy” rating and issued a $57.00 price objective on shares of Sensata Technologies in a report on Tuesday, June 2nd. Finally, Wells Fargo & Company raised their price objective on shares of Sensata Technologies from $48.00 to $49.00 and gave the company an “equal weight” rating in a research report on Thursday, June 25th. Four research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Sensata Technologies presently has an average rating of “Hold” and a consensus target price of $49.10.

Sensata Technologies Stock Performance

ST stock opened at $43.62 on Friday. The firm has a 50 day simple moving average of $44.50 and a 200 day simple moving average of $43.17. Sensata Technologies has a 52 week low of $28.16 and a 52 week high of $53.89. The stock has a market cap of $6.35 billion, a P/E ratio of 72.70, a P/E/G ratio of 1.30 and a beta of 1.25. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.58 and a current ratio of 2.29.

Sensata Technologies (NYSE:ST) last released its earnings results on Wednesday, July 29th. The scientific and technical instruments company reported $0.98 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.93 by $0.05. Sensata Technologies had a net margin of 2.37% and a return on equity of 18.68%. The company had revenue of $990.60 million during the quarter, compared to the consensus estimate of $970.39 million. During the same quarter in the prior year, the firm earned $0.87 EPS. The company’s revenue was up 5.0% compared to the same quarter last year. Sensata Technologies has set its Q3 2026 guidance at 0.930-0.970 EPS. Research analysts anticipate that Sensata Technologies will post 3.77 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Sensata Technologies

Several hedge funds and other institutional investors have recently added to or reduced their stakes in ST. California State Teachers Retirement System raised its position in shares of Sensata Technologies by 4,686.5% in the second quarter. California State Teachers Retirement System now owns 8,092,933 shares of the scientific and technical instruments company’s stock valued at $386,357,000 after purchasing an additional 7,923,855 shares during the period. Woodline Partners LP grew its stake in Sensata Technologies by 165.4% in the 3rd 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 buying an additional 3,100,927 shares during the last quarter. Pzena Investment Management LLC raised its holdings in Sensata Technologies by 380.4% in the 4th quarter. Pzena Investment Management LLC now owns 3,509,416 shares of the scientific and technical instruments company’s stock worth $116,828,000 after acquiring an additional 2,778,918 shares during the period. Norges Bank acquired a new position in Sensata Technologies during the 4th quarter worth $62,966,000. Finally, Barrow Hanley Mewhinney & Strauss LLC lifted its position in Sensata Technologies by 28.7% during the 4th quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 4,313,603 shares of the scientific and technical instruments company’s stock worth $143,600,000 after acquiring an additional 961,457 shares during the last quarter. Institutional investors and hedge funds own 99.42% of the company’s stock.

Sensata Technologies Company Profile

Sensata Technologies Holding plc (NYSE: ST) develops and manufactures sensing, electrical protection, and control technologies. Its products are designed to help customers monitor, manage, and protect equipment and systems across transportation, industrial, aerospace, energy, and other markets.

The company’s offerings include pressure, temperature, position, speed, and current sensors, as well as circuit breakers, contactors, controls, and other components used in vehicle systems, industrial machinery, heating and cooling equipment, appliances, and power-management applications.