Harbor Capital Advisors Inc. cut its position in shares of Sensata Technologies Holding plc (NYSE:ST - Free Report) by 17.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 378,758 shares of the scientific and technical instruments company's stock after selling 78,197 shares during the period. Harbor Capital Advisors Inc. owned about 0.25% of Sensata Technologies worth $10,378,000 at the end of the most recent reporting period.
A number of other large investors have also modified their holdings of ST. Quarry LP boosted its stake in Sensata Technologies by 227.1% in the second quarter. Quarry LP now owns 1,063 shares of the scientific and technical instruments company's stock valued at $40,000 after acquiring an additional 738 shares during the last quarter. Assetmark Inc. raised its stake in shares of 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 purchasing an additional 416 shares in the last quarter. Canada Pension Plan Investment Board bought a new stake in shares of Sensata Technologies in the 2nd quarter valued at about $142,000. Capstone Investment Advisors LLC bought a new stake in Sensata Technologies in the 3rd quarter valued at $237,000. Finally, Captrust Financial Advisors boosted its position in Sensata Technologies by 21.5% during the third quarter. Captrust Financial Advisors now owns 7,146 shares of the scientific and technical instruments company's stock worth $256,000 after purchasing an additional 1,264 shares during the period. 99.42% of the stock is currently owned by institutional investors and hedge funds.
Sensata Technologies Stock Performance
Shares of ST stock traded down $0.43 during trading hours on Friday, hitting $27.30. 1,047,696 shares of the company were exchanged, compared to its average volume of 1,206,149. The firm has a fifty day simple moving average of $30.41 and a 200 day simple moving average of $34.57. Sensata Technologies Holding plc has a 52-week low of $26.65 and a 52-week high of $43.14. The stock has a market capitalization of $4.08 billion, a price-to-earnings ratio of -50.55, a P/E/G ratio of 0.89 and a beta of 1.24. The company has a current ratio of 2.60, a quick ratio of 1.76 and a debt-to-equity ratio of 1.08.
Sensata Technologies (NYSE:ST - Get Free Report) last announced its quarterly earnings results on Monday, November 4th. The scientific and technical instruments company reported $0.86 EPS for the quarter, meeting the consensus estimate of $0.86. The firm 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 business's quarterly revenue was down 1.8% compared to the same quarter last year. During the same period last year, the firm earned $0.91 EPS. Research analysts predict that Sensata Technologies Holding plc will post 3.43 earnings per share for the current fiscal year.
Sensata Technologies Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 13th were paid a $0.12 dividend. The ex-dividend date was Wednesday, November 13th. This represents a $0.48 dividend on an annualized basis and a yield of 1.76%. Sensata Technologies's dividend payout ratio is presently -88.89%.
Analyst Ratings Changes
Several research analysts have weighed in on ST shares. UBS Group lowered their price target on shares of Sensata Technologies from $44.00 to $39.00 and set a "buy" rating on the stock in a report on Wednesday, November 6th. Truist Financial decreased their price objective on shares of Sensata Technologies from $38.00 to $33.00 and set a "hold" rating on the stock in a research note on Tuesday, November 5th. Evercore ISI dropped their price objective on Sensata Technologies from $60.00 to $50.00 and set an "outperform" rating for the company in a research report on Tuesday, October 15th. Oppenheimer lowered their price target on shares of Sensata Technologies from $47.00 to $44.00 and set an "outperform" rating for the company in a report on Tuesday, November 5th. Finally, JPMorgan Chase & Co. cut their target price on shares of Sensata Technologies from $34.00 to $32.00 and set an "underweight" rating on the stock in a research report on Tuesday, November 5th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have given a buy rating to the company. According to MarketBeat, Sensata Technologies has an average rating of "Hold" and a consensus price target of $41.00.
View Our Latest Analysis on ST
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.
See Also
Before you consider Sensata Technologies, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Sensata Technologies wasn't on the list.
While Sensata Technologies currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
