Bank of New York Mellon Corp Has $35.02 Million Stake in Sensata Technologies Holding plc (NYSE:ST)

Bank of New York Mellon Corp lessened its holdings in shares of Sensata Technologies Holding plc (NYSE:ST - Free Report) by 1.8% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 1,277,979 shares of the scientific and technical instruments company's stock after selling 22,906 shares during the period. Bank of New York Mellon Corp owned 0.85% of Sensata Technologies worth $35,017,000 as of its most recent filing with the SEC.

A number of other large investors also recently made changes to their positions in ST. Wealth Enhancement Advisory Services LLC lifted its holdings in Sensata Technologies by 20.9% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 15,172 shares of the scientific and technical instruments company's stock worth $544,000 after acquiring an additional 2,621 shares in the last quarter. State of Alaska Department of Revenue lifted its holdings in shares of Sensata Technologies by 7.3% during the 3rd quarter. State of Alaska Department of Revenue now owns 17,535 shares of the scientific and technical instruments company's stock valued at $628,000 after purchasing an additional 1,190 shares in the last quarter. Robeco Institutional Asset Management B.V. grew its position in shares of Sensata Technologies by 1.3% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 46,114 shares of the scientific and technical instruments company's stock valued at $1,654,000 after purchasing an additional 602 shares during the period. Easterly Investment Partners LLC increased its stake in Sensata Technologies by 5.0% during the 3rd quarter. Easterly Investment Partners LLC now owns 239,878 shares of the scientific and technical instruments company's stock worth $8,602,000 after purchasing an additional 11,438 shares in the last quarter. Finally, Assetmark Inc. raised its holdings in Sensata Technologies by 19.0% during the 3rd quarter. Assetmark Inc. now owns 2,602 shares of the scientific and technical instruments company's stock worth $93,000 after buying an additional 416 shares during the period. Institutional investors and hedge funds own 99.42% of the company's stock.

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Sensata Technologies Price Performance

Shares of Sensata Technologies stock traded up $0.32 during midday trading on Monday, hitting $29.04. 94,819 shares of the company traded hands, compared to its average volume of 1,653,913. Sensata Technologies Holding plc has a 12 month low of $24.91 and a 12 month high of $43.14. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.99 and a current ratio of 2.85. The stock has a market cap of $4.34 billion, a price-to-earnings ratio of 34.59, a PEG ratio of 1.25 and a beta of 1.20. The firm's fifty day moving average price is $27.95 and its 200-day moving average price is $31.67.

Sensata Technologies (NYSE:ST - Get Free Report) last released its quarterly earnings results on Tuesday, February 11th. The scientific and technical instruments company reported $0.76 earnings per share for the quarter, hitting the consensus estimate of $0.76. Sensata Technologies had a return on equity of 17.54% and a net margin of 3.27%. As a group, sell-side analysts forecast that Sensata Technologies Holding plc will post 3.21 earnings per share for the current year.

Sensata Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 26th. Stockholders of record on Wednesday, February 12th were given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 1.65%. The ex-dividend date was Wednesday, February 12th. Sensata Technologies's dividend payout ratio (DPR) is presently 57.14%.

Analyst Upgrades and Downgrades

Several research firms recently commented on ST. Oppenheimer cut their price objective on shares of Sensata Technologies from $44.00 to $40.00 and set an "outperform" rating on the stock in a research report on Thursday, February 13th. UBS Group dropped their target price on Sensata Technologies from $38.00 to $37.00 and set a "buy" rating on the stock in a research report on Wednesday, February 12th. Evercore ISI reduced their price target on Sensata Technologies from $43.00 to $40.00 and set an "outperform" rating for the company in a research report on Friday, January 17th. Finally, The Goldman Sachs Group lowered their price objective on shares of Sensata Technologies from $36.00 to $32.00 and set a "neutral" rating on the stock in a report on Thursday, January 16th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, Sensata Technologies presently has an average rating of "Hold" and an average target price of $39.08.

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.