Bank of Montreal Can Has $5.02 Million Stock Position in Sensata Technologies Holding plc (NYSE:ST)

Bank of Montreal Can decreased its stake in Sensata Technologies Holding plc (NYSE:ST - Free Report) by 12.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 135,692 shares of the scientific and technical instruments company's stock after selling 18,702 shares during the period. Bank of Montreal Can owned about 0.09% of Sensata Technologies worth $5,018,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of ST. GAMMA Investing LLC grew its position in shares of Sensata Technologies by 399.0% in the 2nd quarter. GAMMA Investing LLC now owns 968 shares of the scientific and technical instruments company's stock worth $36,000 after buying an additional 774 shares during the period. CWM LLC increased its holdings in Sensata Technologies by 143.6% in the 2nd quarter. CWM LLC now owns 8,847 shares of the scientific and technical instruments company's stock worth $331,000 after buying an additional 5,215 shares in the last quarter. Sound Income Strategies LLC lifted its stake in Sensata Technologies by 9.0% during the 2nd quarter. Sound Income Strategies LLC now owns 66,459 shares of the scientific and technical instruments company's stock valued at $2,485,000 after acquiring an additional 5,464 shares during the period. NorthCrest Asset Manangement LLC grew its stake in shares of Sensata Technologies by 5.9% in the second quarter. NorthCrest Asset Manangement LLC now owns 12,966 shares of the scientific and technical instruments company's stock worth $485,000 after acquiring an additional 720 shares during the period. Finally, Wealth Enhancement Advisory Services LLC purchased a new position in shares of Sensata Technologies during the second quarter valued at approximately $469,000. 99.42% of the stock is currently owned by institutional investors.

Sensata Technologies Trading Down 1.2 %

Shares of NYSE ST traded down $0.40 during trading on Wednesday, reaching $31.72. The stock had a trading volume of 1,579,042 shares, compared to its average volume of 1,837,397. Sensata Technologies Holding plc has a fifty-two week low of $30.43 and a fifty-two week high of $43.14. The company has a market cap of $4.74 billion, a P/E ratio of -58.74, a PEG ratio of 0.94 and a beta of 1.22. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.76 and a current ratio of 2.60. The business's 50-day moving average price is $33.96 and its 200-day moving average price is $36.64.

Sensata Technologies (NYSE:ST - Get Free Report) last posted its quarterly earnings results on Monday, November 4th. The scientific and technical instruments company reported $0.86 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.86. The company had revenue of $982.80 million during the quarter, compared to the consensus estimate of $983.93 million. Sensata Technologies had a negative net margin of 1.98% and a positive return on equity of 17.68%. The company's revenue for the quarter was down 1.8% on a year-over-year basis. During the same period last year, the firm earned $0.91 EPS. On average, equities research analysts predict that Sensata Technologies Holding plc will post 3.43 EPS for the current fiscal year.

Sensata Technologies Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Wednesday, November 13th were given a $0.12 dividend. The ex-dividend date of this dividend was Wednesday, November 13th. This represents a $0.48 dividend on an annualized basis and a yield of 1.51%. Sensata Technologies's dividend payout ratio is presently -88.89%.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on ST. UBS Group decreased their target price on shares of Sensata Technologies from $44.00 to $39.00 and set a "buy" rating for the company in a research note on Wednesday, November 6th. Robert W. Baird cut their target price on shares of Sensata Technologies from $40.00 to $36.00 and set a "neutral" rating for the company in a research note on Tuesday, November 5th. Wolfe Research started coverage on Sensata Technologies in a report on Thursday, September 5th. They set a "peer perform" rating for the company. Oppenheimer dropped their price target on shares of Sensata Technologies from $47.00 to $44.00 and set an "outperform" rating for the company in a research note on Tuesday, November 5th. Finally, TD Cowen lowered their price target on Sensata Technologies from $50.00 to $45.00 and set a "buy" rating for the company in a report on Wednesday, November 6th. One analyst has rated the stock with a sell rating, seven have given a hold rating and five have issued a buy rating to the company. According to MarketBeat, Sensata Technologies currently has an average rating of "Hold" and an average target price of $41.00.

About Sensata Technologies

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.