Intech Investment Management LLC Invests $1.15 Million in Sensata Technologies Holding plc (NYSE:ST)

Intech Investment Management LLC bought a new stake in Sensata Technologies Holding plc (NYSE:ST - Free Report) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 31,939 shares of the scientific and technical instruments company's stock, valued at approximately $1,145,000.

Other institutional investors have also made changes to their positions in the company. Moors & Cabot Inc. lifted its stake in shares of Sensata Technologies by 30.0% in the third quarter. Moors & Cabot Inc. now owns 19,479 shares of the scientific and technical instruments company's stock worth $699,000 after buying an additional 4,500 shares during the last quarter. Advisors Asset Management Inc. lifted its holdings in shares of Sensata Technologies by 11.4% during the third quarter. Advisors Asset Management Inc. now owns 64,060 shares of the scientific and technical instruments company's stock worth $2,297,000 after buying an additional 6,565 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. lifted its holdings in shares of Sensata Technologies by 37.8% during the third 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. Pathstone Holdings LLC grew its position in 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 worth $5,643,000 after purchasing an additional 1,933 shares during the last quarter. Finally, Natixis Advisors LLC raised its holdings in Sensata Technologies by 8.9% in the 3rd quarter. Natixis Advisors LLC now owns 293,248 shares of the scientific and technical instruments company's stock valued at $10,516,000 after acquiring an additional 23,874 shares in the last quarter. 99.42% of the stock is currently owned by institutional investors and hedge funds.

Sensata Technologies Stock Down 0.2 %

ST traded down $0.06 during trading on Thursday, hitting $32.11. The company had a trading volume of 689,776 shares, compared to its average volume of 1,835,641. The company has a quick ratio of 1.76, a current ratio of 2.60 and a debt-to-equity ratio of 1.08. The company has a market capitalization of $4.80 billion, a PE ratio of -59.46, a PEG ratio of 0.98 and a beta of 1.25. Sensata Technologies Holding plc has a one year low of $30.43 and a one year high of $43.14. The firm's 50-day moving average price is $34.32 and its 200 day moving average price is $37.01.

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

Sensata Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 13th were paid a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.49%. The ex-dividend date was Wednesday, November 13th. Sensata Technologies's dividend payout ratio is currently -88.89%.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on ST shares. The Goldman Sachs Group dropped their target price on Sensata Technologies from $41.00 to $39.00 and set a "neutral" rating for the company in a report on Tuesday, October 1st. Truist Financial dropped their price target on Sensata Technologies from $38.00 to $33.00 and set a "hold" rating for the company in a report on Tuesday, November 5th. Robert W. Baird decreased their target price on Sensata Technologies from $40.00 to $36.00 and set a "neutral" rating on the stock in a report on Tuesday, November 5th. Evercore ISI cut their price target on Sensata Technologies from $60.00 to $50.00 and set an "outperform" rating for the company in a report on Tuesday, October 15th. Finally, TD Cowen cut their target price on shares of Sensata Technologies from $50.00 to $45.00 and set a "buy" rating on the stock in a research report on Wednesday, November 6th. 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 company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target 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.