Copeland Capital Management LLC Has $64.13 Million Holdings in Sensata Technologies Holding plc (NYSE:ST)

Copeland Capital Management LLC increased its position in shares of Sensata Technologies Holding plc (NYSE:ST - Free Report) by 21.7% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,788,320 shares of the scientific and technical instruments company's stock after buying an additional 319,424 shares during the period. Copeland Capital Management LLC owned 1.18% of Sensata Technologies worth $64,129,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Raymond James & Associates increased its holdings in shares of Sensata Technologies by 148.4% in the third quarter. Raymond James & Associates now owns 194,149 shares of the scientific and technical instruments company's stock valued at $6,962,000 after purchasing an additional 115,986 shares during the last quarter. Sound Income Strategies LLC grew its holdings in Sensata Technologies by 9.0% in the 3rd quarter. Sound Income Strategies LLC now owns 72,467 shares of the scientific and technical instruments company's stock valued at $2,599,000 after buying an additional 6,008 shares in the last quarter. CWM LLC increased its position in Sensata Technologies by 15.2% during the 3rd quarter. CWM LLC now owns 10,194 shares of the scientific and technical instruments company's stock worth $366,000 after buying an additional 1,347 shares during the period. Sanctuary Advisors LLC acquired a new stake in shares of Sensata Technologies during the second quarter worth $957,000. Finally, Coronation Fund Managers Ltd. grew its stake in shares of Sensata Technologies by 4.6% in the second quarter. Coronation Fund Managers Ltd. now owns 180,008 shares of the scientific and technical instruments company's stock valued at $6,730,000 after acquiring an additional 7,915 shares in the last quarter. 99.42% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts have issued reports on the stock. Truist Financial decreased their target price on shares of Sensata Technologies from $46.00 to $38.00 and set a "hold" rating on the stock in a research report on Tuesday, July 30th. Bank of America decreased their price target on Sensata Technologies from $44.00 to $41.00 and set a "neutral" rating on the stock in a research report on Tuesday, July 30th. JPMorgan Chase & Co. reduced their price objective on shares of Sensata Technologies from $35.00 to $34.00 and set an "underweight" rating on the stock in a research note on Friday, October 4th. The Goldman Sachs Group dropped their target price on shares of Sensata Technologies from $41.00 to $39.00 and set a "neutral" rating for the company in a research report on Tuesday, October 1st. Finally, Evercore ISI reduced their price target 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. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, Sensata Technologies has a consensus rating of "Hold" and an average target price of $43.40.

Sensata Technologies Price Performance

ST traded down $0.42 on Tuesday, reaching $35.04. The stock had a trading volume of 2,218,993 shares, compared to its average volume of 1,887,196. The firm has a 50-day moving average of $36.12 and a 200-day moving average of $37.69. Sensata Technologies Holding plc has a fifty-two week low of $30.56 and a fifty-two week high of $43.14. The company has a market capitalization of $5.29 billion, a price-to-earnings ratio of 886.85, a price-to-earnings-growth ratio of 1.42 and a beta of 1.25. The company has a current ratio of 1.77, a quick ratio of 1.31 and a debt-to-equity ratio of 1.06.

Sensata Technologies (NYSE:ST - Get Free Report) last posted its earnings results on Monday, July 29th. The scientific and technical instruments company reported $0.93 EPS for the quarter, hitting the consensus estimate of $0.93. Sensata Technologies had a net margin of 0.21% and a return on equity of 17.57%. The business had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $1.04 billion. During the same period last year, the company earned $0.97 EPS. The firm's revenue was down 2.5% compared to the same quarter last year. As a group, sell-side analysts anticipate that Sensata Technologies Holding plc will post 3.55 EPS for the current year.

Sensata Technologies 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.