Natixis Advisors LLC Boosts Stake in Sensata Technologies Holding plc (NYSE:ST)

Natixis Advisors LLC increased its position in shares of Sensata Technologies Holding plc (NYSE:ST - Free Report) by 8.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 293,248 shares of the scientific and technical instruments company's stock after purchasing an additional 23,874 shares during the quarter. Natixis Advisors LLC owned 0.19% of Sensata Technologies worth $10,516,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Millennium Management LLC raised its holdings in shares of Sensata Technologies by 84.8% during the 2nd quarter. Millennium Management LLC now owns 5,059,047 shares of the scientific and technical instruments company's stock worth $189,158,000 after buying an additional 2,321,782 shares in the last quarter. Eminence Capital LP grew its position in Sensata Technologies by 31.8% in the second quarter. Eminence Capital LP now owns 3,423,317 shares of the scientific and technical instruments company's stock valued at $127,998,000 after acquiring an additional 826,353 shares during the last quarter. Victory Capital Management Inc. raised its stake in Sensata Technologies by 64.5% during the second quarter. Victory Capital Management Inc. now owns 1,854,773 shares of the scientific and technical instruments company's stock worth $69,350,000 after acquiring an additional 727,521 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Sensata Technologies by 16.5% in the second quarter. Dimensional Fund Advisors LP now owns 4,643,665 shares of the scientific and technical instruments company's stock worth $173,627,000 after acquiring an additional 658,728 shares during the last quarter. Finally, Liontrust Investment Partners LLP acquired a new stake in shares of Sensata Technologies in the 2nd quarter valued at approximately $16,242,000. 99.42% of the stock is currently owned by institutional investors and hedge funds.

Sensata Technologies Stock Up 3.3 %

Sensata Technologies stock traded up $1.02 during midday trading on Friday, reaching $31.89. The stock had a trading volume of 1,115,590 shares, compared to its average volume of 1,841,999. The company has a fifty day moving average price of $34.54 and a two-hundred day moving average price of $37.32. The company has a market capitalization of $4.77 billion, a P/E ratio of -57.20, a PEG ratio of 0.90 and a beta of 1.25. 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 Holding plc has a 12 month low of $30.43 and a 12 month high of $43.14.

Sensata Technologies (NYSE:ST - Get Free Report) last issued its earnings results on Monday, November 4th. The scientific and technical instruments company reported $0.86 earnings per share for the quarter, hitting analysts' consensus estimates of $0.86. Sensata Technologies had a positive return on equity of 17.68% and a negative net margin of 1.98%. The company had revenue of $982.80 million for the quarter, compared to analyst estimates of $983.93 million. During the same period in the prior year, the firm earned $0.91 earnings per share. Sensata Technologies's revenue for the quarter 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 EPS for the current fiscal year.

Sensata Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 13th will be paid a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 1.51%. The ex-dividend date is Wednesday, November 13th. Sensata Technologies's dividend payout ratio (DPR) is presently -88.89%.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on ST. Evercore ISI cut their target price on shares of Sensata Technologies from $60.00 to $50.00 and set an "outperform" rating on the stock in a research report on Tuesday, October 15th. Truist Financial cut their price objective on Sensata Technologies from $38.00 to $33.00 and set a "hold" rating on the stock in a report on Tuesday, November 5th. JPMorgan Chase & Co. dropped their target price on Sensata Technologies from $34.00 to $32.00 and set an "underweight" rating for the company in a research report on Tuesday, November 5th. Bank of America reduced their price target on Sensata Technologies from $44.00 to $41.00 and set a "neutral" rating on the stock in a report on Tuesday, July 30th. Finally, Oppenheimer dropped their price objective 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. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and five have given a buy rating to the company. According to data from MarketBeat, the stock 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.