AXQ Capital LP bought a new stake in shares of Sensata Technologies Holding plc (NYSE:ST - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 19,709 shares of the scientific and technical instruments company's stock, valued at approximately $540,000.
Other institutional investors and hedge funds have also made changes to their positions in the company. Empowered Funds LLC grew its stake in Sensata Technologies by 12.9% in the third quarter. Empowered Funds LLC now owns 9,635 shares of the scientific and technical instruments company's stock valued at $346,000 after purchasing an additional 1,098 shares during the last quarter. Pathstone Holdings LLC boosted its holdings in shares of Sensata Technologies by 1.2% in the 3rd quarter. Pathstone Holdings LLC now owns 157,359 shares of the scientific and technical instruments company's stock valued at $5,643,000 after buying an additional 1,933 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. grew its position in shares of Sensata Technologies by 37.8% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 202,217 shares of the scientific and technical instruments company's stock worth $7,252,000 after buying an additional 55,511 shares during the last quarter. Advisors Asset Management Inc. raised its stake in shares of Sensata Technologies by 11.4% during the 3rd quarter. Advisors Asset Management Inc. now owns 64,060 shares of the scientific and technical instruments company's stock worth $2,297,000 after acquiring an additional 6,565 shares in the last quarter. Finally, Moors & Cabot Inc. lifted its position in Sensata Technologies by 30.0% during the third quarter. Moors & Cabot Inc. now owns 19,479 shares of the scientific and technical instruments company's stock valued at $699,000 after acquiring an additional 4,500 shares during the last quarter. 99.42% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
Several equities research analysts have weighed in on the company. The Goldman Sachs Group lowered their price target on Sensata Technologies from $36.00 to $32.00 and set a "neutral" rating for the company in a report on Thursday, January 16th. Oppenheimer lowered their target price on shares of Sensata Technologies from $44.00 to $40.00 and set an "outperform" rating for the company in a research note on Thursday, February 13th. Evercore ISI cut 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. Finally, UBS Group lowered their price objective on shares of Sensata Technologies from $38.00 to $37.00 and set a "buy" rating for the company in a research note on Wednesday, February 12th. One analyst has rated the stock with a sell rating, seven have given a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Hold" and an average target price of $39.08.
View Our Latest Stock Analysis on Sensata Technologies
Sensata Technologies Stock Performance
Sensata Technologies stock traded up $0.03 during mid-day trading on Tuesday, hitting $27.82. The company had a trading volume of 636,986 shares, compared to its average volume of 1,645,546. 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 company has a market capitalization of $4.16 billion, a price-to-earnings ratio of 33.12, a P/E/G ratio of 1.25 and a beta of 1.20. The company's fifty day moving average is $27.92 and its 200-day moving average is $30.88. Sensata Technologies Holding plc has a 12-month low of $24.91 and a 12-month high of $43.14.
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 earnings per share for the quarter, meeting analysts' consensus estimates of $0.76. Sensata Technologies had a net margin of 3.27% and a return on equity of 17.54%. Equities research analysts predict that Sensata Technologies Holding plc will post 3.21 EPS for the current year.
Sensata Technologies Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, February 26th. Shareholders of record on Wednesday, February 12th were given a dividend of $0.12 per share. The ex-dividend date of this dividend was Wednesday, February 12th. This represents a $0.48 dividend on an annualized basis and a yield of 1.73%. Sensata Technologies's dividend payout ratio is currently 57.14%.
Sensata Technologies Company Profile
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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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