Bank of Montreal Can Purchases 21,842 Shares of Sensata Technologies Holding plc (NYSE:ST)

Bank of Montreal Can increased its stake in Sensata Technologies Holding plc (NYSE:ST - Free Report) by 16.1% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 157,534 shares of the scientific and technical instruments company's stock after acquiring an additional 21,842 shares during the quarter. Bank of Montreal Can owned approximately 0.11% of Sensata Technologies worth $4,316,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of ST. Captrust Financial Advisors raised its holdings in Sensata Technologies by 21.5% during the 3rd quarter. Captrust Financial Advisors now owns 7,146 shares of the scientific and technical instruments company's stock worth $256,000 after buying an additional 1,264 shares during the period. HighTower Advisors LLC boosted its stake in Sensata Technologies by 16.9% in the 3rd quarter. HighTower Advisors LLC now owns 14,278 shares of the scientific and technical instruments company's stock worth $513,000 after purchasing an additional 2,061 shares during the period. Stifel Financial Corp raised its stake in Sensata Technologies by 16.3% during the 3rd quarter. Stifel Financial Corp now owns 115,221 shares of the scientific and technical instruments company's stock valued at $4,132,000 after purchasing an additional 16,143 shares during the period. XTX Topco Ltd acquired a new stake in shares of Sensata Technologies in the third quarter worth $303,000. Finally, MML Investors Services LLC grew its holdings in shares of Sensata Technologies by 19.9% during the third quarter. MML Investors Services LLC now owns 43,465 shares of the scientific and technical instruments company's stock valued at $1,559,000 after buying an additional 7,218 shares in the last quarter. 99.42% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have recently issued reports on ST shares. JPMorgan Chase & Co. reduced their price target on shares of Sensata Technologies from $27.00 to $21.00 and set an "underweight" rating for the company in a research report on Thursday. Oppenheimer cut 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 report on Thursday, February 13th. The Goldman Sachs Group upgraded shares of Sensata Technologies from a "neutral" rating to a "buy" rating and lowered their price target for the company from $31.00 to $27.00 in a report on Thursday, April 10th. Evercore ISI lowered Sensata Technologies from an "outperform" rating to an "inline" rating and cut their price objective for the stock from $40.00 to $27.00 in a report on Thursday, April 3rd. Finally, UBS Group reduced their target price on shares of Sensata Technologies from $37.00 to $30.00 and set a "buy" rating for the company in a research note on Thursday, April 10th. One analyst has rated the stock with a sell rating, five have issued a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, Sensata Technologies presently has an average rating of "Hold" and an average target price of $34.55.

Sensata Technologies Stock Performance

NYSE:ST traded up $0.22 during trading hours on Friday, hitting $19.39. 1,564,889 shares of the company traded hands, compared to its average volume of 1,803,199. The company has a current ratio of 2.85, a quick ratio of 1.99 and a debt-to-equity ratio of 1.11. Sensata Technologies Holding plc has a twelve month low of $17.32 and a twelve month high of $43.14. The firm has a 50-day moving average of $25.44 and a 200 day moving average of $28.96. The stock has a market capitalization of $2.90 billion, a price-to-earnings ratio of 23.08, a P/E/G ratio of 1.25 and a beta of 1.12.

Sensata Technologies (NYSE:ST - Get Free Report) last released its earnings results 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 net margin of 3.27% and a return on equity of 17.54%. On average, analysts forecast that Sensata Technologies Holding plc will post 3.21 EPS for the current year.

Sensata Technologies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, February 26th. Investors of record on Wednesday, February 12th were given a $0.12 dividend. The ex-dividend date of this dividend was Wednesday, February 12th. This represents a $0.48 annualized dividend and a yield of 2.48%. Sensata Technologies's dividend payout ratio (DPR) is currently 57.14%.

Sensata Technologies Company 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.