Arnhold LLC Acquires 19,865 Shares of Sensata Technologies Holding plc (NYSE:ST)

Arnhold LLC increased its position in shares of Sensata Technologies Holding plc (NYSE:ST - Free Report) by 4.6% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 447,877 shares of the scientific and technical instruments company's stock after acquiring an additional 19,865 shares during the period. Arnhold LLC owned about 0.30% of Sensata Technologies worth $12,272,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of ST. Barclays PLC grew its position in Sensata Technologies by 14.9% during the 3rd quarter. Barclays PLC now owns 77,759 shares of the scientific and technical instruments company's stock worth $2,788,000 after acquiring an additional 10,107 shares during the last quarter. Franklin Resources Inc. lifted its holdings in Sensata Technologies by 3.7% during the 3rd quarter. Franklin Resources Inc. now owns 11,442 shares of the scientific and technical instruments company's stock worth $418,000 after buying an additional 403 shares during the period. 272 Capital LP acquired a new position in Sensata Technologies during the 3rd quarter worth about $292,000. JPMorgan Chase & Co. lifted its holdings in Sensata Technologies by 66.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 660,568 shares of the scientific and technical instruments company's stock worth $23,688,000 after buying an additional 264,334 shares during the period. Finally, Oak Thistle LLC lifted its holdings in Sensata Technologies by 326.8% during the 4th quarter. Oak Thistle LLC now owns 59,007 shares of the scientific and technical instruments company's stock worth $1,617,000 after buying an additional 45,182 shares during the period. Institutional investors own 99.42% of the company's stock.

Sensata Technologies Stock Up 0.3 %

Shares of ST stock traded up $0.07 during trading hours on Monday, reaching $21.36. The company had a trading volume of 1,161,795 shares, compared to its average volume of 1,810,084. The company has a market cap of $3.19 billion, a price-to-earnings ratio of 25.43, a price-to-earnings-growth ratio of 1.25 and a beta of 1.12. The company has a debt-to-equity ratio of 1.11, a current ratio of 2.85 and a quick ratio of 1.99. Sensata Technologies Holding plc has a 12 month low of $17.32 and a 12 month high of $43.14. The business has a fifty day simple moving average of $24.56 and a 200-day simple moving average of $28.36.

Sensata Technologies (NYSE:ST - Get Free Report) last issued its quarterly earnings data on Tuesday, February 11th. The scientific and technical instruments company reported $0.76 earnings per share for the quarter, meeting the consensus estimate of $0.76. Sensata Technologies had a return on equity of 17.54% and a net margin of 3.27%. On average, research analysts expect that Sensata Technologies Holding plc will post 3.21 earnings per share for the current fiscal year.

Sensata Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 28th. Shareholders of record on Wednesday, May 14th will be paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 2.25%. The ex-dividend date of this dividend is Wednesday, May 14th. Sensata Technologies's dividend payout ratio (DPR) is presently 57.14%.

Analysts Set New Price Targets

Several research analysts have commented on ST shares. Evercore ISI downgraded Sensata Technologies from an "outperform" rating to an "inline" rating and cut their target price for the stock from $40.00 to $27.00 in a report on Thursday, April 3rd. JPMorgan Chase & Co. cut their target price on Sensata Technologies from $27.00 to $21.00 and set an "underweight" rating on the stock in a report on Thursday, April 17th. UBS Group cut their target price on Sensata Technologies from $37.00 to $30.00 and set a "buy" rating on the stock in a report on Thursday, April 10th. Wells Fargo & Company assumed coverage on Sensata Technologies in a research note on Friday. They issued an "equal weight" rating and a $20.00 price objective on the stock. Finally, Oppenheimer dropped their price objective on Sensata Technologies from $44.00 to $40.00 and set an "outperform" rating on the stock in a research note on Thursday, February 13th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and five have issued a buy rating to the company's stock. According to data from MarketBeat, Sensata Technologies presently has an average rating of "Hold" and an average target price of $33.33.

Sensata Technologies Profile

Sensata Technologies Holding plc develops, manufactures, and sells sensors and sensor-rich solutions, electrical protection components and systems, and other products used in mission-critical systems and applications in the United States and internationally. It operates in two segments, Performance Sensing and Sensing Solutions.