Sensata Technologies (NYSE:ST) Cut to Buy at Wall Street Zen

Wall Street Zen cut shares of Sensata Technologies (NYSE:ST) from a strong-buy rating to a buy rating in a report published on Sunday morning,Wall Street Zen reports.

ST has been the subject of a number of other reports. Weiss Ratings cut Sensata Technologies from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, July 30th. Barclays boosted their target price on Sensata Technologies from $53.00 to $55.00 and gave the stock an “equal weight” rating in a report on Monday, August 3rd. Wells Fargo & Company raised their price target on Sensata Technologies from $48.00 to $49.00 and gave the company an “equal weight” rating in a report on Thursday, June 25th. UBS Group reaffirmed a “buy” rating and set a $57.00 price objective on shares of Sensata Technologies in a research report on Tuesday, June 2nd. Finally, Oppenheimer upped their price objective on shares of Sensata Technologies from $55.00 to $58.00 and gave the company an “outperform” rating in a report on Friday, July 31st. Four 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 stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $49.10.

Sensata Technologies Stock Performance

Shares of ST opened at $42.14 on Friday. The firm has a 50-day moving average of $44.09 and a 200-day moving average of $43.42. Sensata Technologies has a one year low of $28.16 and a one year high of $53.89. The company has a market cap of $6.13 billion, a PE ratio of 70.24, a price-to-earnings-growth ratio of 1.25 and a beta of 1.25. The company has a debt-to-equity ratio of 0.83, a current ratio of 2.29 and a quick ratio of 1.58.

Sensata Technologies (NYSE:ST) last issued its earnings results on Wednesday, July 29th. The scientific and technical instruments company reported $0.98 earnings per share (EPS) for the quarter, beating 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 for the quarter, compared to analysts’ expectations of $970.39 million. During the same period in the prior year, the firm earned $0.87 EPS. Sensata Technologies’s quarterly 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. As a group, equities analysts forecast that Sensata Technologies will post 3.77 earnings per share for the current year.

Sensata Technologies Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, August 26th. Investors of record on Wednesday, August 12th were paid a $0.12 dividend. The ex-dividend date was Wednesday, August 12th. This represents a $0.48 annualized dividend and a yield of 1.1%. Sensata Technologies’s payout ratio is 80.00%.

Institutional Investors Weigh In On Sensata Technologies

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Elevation Wealth Partners LLC boosted its stake in shares of Sensata Technologies by 272.3% in the 2nd quarter. Elevation Wealth Partners LLC now owns 901 shares of the scientific and technical instruments company’s stock valued at $43,000 after purchasing an additional 659 shares in the last quarter. Root Financial Partners LLC grew its holdings in shares of Sensata Technologies by 62.5% during the 1st quarter. Root Financial Partners LLC now owns 913 shares of the scientific and technical instruments company’s stock valued at $32,000 after purchasing an additional 351 shares during the last quarter. Larson Financial Group LLC increased its position in Sensata Technologies by 227.9% during the 4th quarter. Larson Financial Group LLC now owns 1,446 shares of the scientific and technical instruments company’s stock worth $48,000 after purchasing an additional 1,005 shares in the last quarter. EverSource Wealth Advisors LLC increased its position in Sensata Technologies by 87.5% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,476 shares of the scientific and technical instruments company’s stock worth $49,000 after purchasing an additional 689 shares in the last quarter. Finally, Global Retirement Partners LLC lifted its stake in Sensata Technologies by 117.8% in the 4th quarter. Global Retirement Partners LLC now owns 1,784 shares of the scientific and technical instruments company’s stock valued at $59,000 after purchasing an additional 965 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.