Artisan Partners Limited Partnership increased its position in Sensata Technologies Holding plc (NYSE:ST - Free Report) by 0.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,072,967 shares of the scientific and technical instruments company's stock after acquiring an additional 12,582 shares during the period. Artisan Partners Limited Partnership owned approximately 8.07% of Sensata Technologies worth $330,799,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in ST. State Street Corp boosted its holdings in shares of Sensata Technologies by 0.4% in the 3rd quarter. State Street Corp now owns 5,470,903 shares of the scientific and technical instruments company's stock valued at $196,187,000 after acquiring an additional 23,946 shares during the last quarter. JPMorgan Chase & Co. grew its position 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 purchasing an additional 264,334 shares during the period. Loomis Sayles & Co. L P purchased a new position in shares of Sensata Technologies during the 3rd quarter valued at about $9,791,000. Kempner Capital Management Inc. lifted its holdings in shares of Sensata Technologies by 233.9% in the 4th quarter. Kempner Capital Management Inc. now owns 209,064 shares of the scientific and technical instruments company's stock valued at $5,728,000 after buying an additional 146,449 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its holdings in Sensata Technologies by 1.8% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,060,537 shares of the scientific and technical instruments company's stock valued at $29,059,000 after acquiring an additional 19,233 shares during the period. Institutional investors and hedge funds own 99.42% of the company's stock.
Wall Street Analysts Forecast Growth
A number of research analysts recently weighed in on ST shares. Evercore ISI decreased their price target on shares of Sensata Technologies from $43.00 to $40.00 and set an "outperform" rating on the stock in a research note on Friday, January 17th. The Goldman Sachs Group decreased their target price on Sensata Technologies from $36.00 to $32.00 and set a "neutral" rating on the stock in a research report on Thursday, January 16th. UBS Group dropped their target price on shares of Sensata Technologies from $38.00 to $37.00 and set a "buy" rating for the company in a report on Wednesday, February 12th. Finally, Oppenheimer decreased their price target on shares of 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 research analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, Sensata Technologies currently has a consensus rating of "Hold" and a consensus price target of $39.08.
Check Out Our Latest Stock Report on Sensata Technologies
Sensata Technologies Trading Down 2.6 %
ST stock traded down $0.65 during trading on Monday, reaching $24.11. 533,413 shares of the stock were exchanged, compared to its average volume of 1,681,640. The business has a 50 day moving average price of $27.80 and a 200-day moving average price of $30.65. Sensata Technologies Holding plc has a 1 year low of $23.69 and a 1 year high of $43.14. The company has a current ratio of 2.85, a quick ratio of 1.99 and a debt-to-equity ratio of 1.11. The firm has a market capitalization of $3.60 billion, a price-to-earnings ratio of 28.70, a P/E/G ratio of 1.25 and a beta of 1.20.
Sensata Technologies (NYSE:ST - Get Free Report) last released its quarterly earnings data on Tuesday, February 11th. The scientific and technical instruments company reported $0.76 EPS for the quarter, meeting analysts' consensus estimates of $0.76. Sensata Technologies had a return on equity of 17.54% and a net margin of 3.27%. On average, research analysts predict that Sensata Technologies Holding plc will post 3.21 earnings per share for the current year.
Sensata Technologies Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 26th. Stockholders of record on Wednesday, February 12th were issued a $0.12 dividend. The ex-dividend date was Wednesday, February 12th. This represents a $0.48 annualized dividend and a dividend yield of 1.99%. Sensata Technologies's dividend payout ratio is currently 57.14%.
About Sensata Technologies
(
Free Report)
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.
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