Lecap Asset Management Ltd. Invests $683,000 in Sensata Technologies Holding plc (NYSE:ST)

Lecap Asset Management Ltd. bought a new stake in shares of Sensata Technologies Holding plc (NYSE:ST - Free Report) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 19,045 shares of the scientific and technical instruments company's stock, valued at approximately $683,000.

A number of other hedge funds also recently modified their holdings of the company. Fifth Third Bancorp lifted its position in shares of Sensata Technologies by 0.9% during the 2nd quarter. Fifth Third Bancorp now owns 29,509 shares of the scientific and technical instruments company's stock worth $1,103,000 after buying an additional 275 shares during the period. Retirement Systems of Alabama lifted its position in shares of Sensata Technologies by 0.3% during the 1st quarter. Retirement Systems of Alabama now owns 190,063 shares of the scientific and technical instruments company's stock worth $6,983,000 after buying an additional 498 shares during the period. Arizona State Retirement System lifted its position in shares of Sensata Technologies by 1.3% during the 2nd quarter. Arizona State Retirement System now owns 42,125 shares of the scientific and technical instruments company's stock worth $1,575,000 after buying an additional 529 shares during the period. Ariel Investments LLC lifted its position in shares of Sensata Technologies by 7.0% during the 1st quarter. Ariel Investments LLC now owns 8,268 shares of the scientific and technical instruments company's stock worth $304,000 after buying an additional 539 shares during the period. Finally, NorthCrest Asset Manangement LLC lifted its position in shares of Sensata Technologies by 5.9% during the 2nd quarter. NorthCrest Asset Manangement LLC now owns 12,966 shares of the scientific and technical instruments company's stock worth $485,000 after buying an additional 720 shares during the period. Institutional investors own 99.42% of the company's stock.

Sensata Technologies Trading Up 0.5 %

Shares of NYSE:ST traded up $0.16 during midday trading on Friday, hitting $35.10. The company had a trading volume of 966,233 shares, compared to its average volume of 1,875,214. Sensata Technologies Holding plc has a 12 month low of $30.56 and a 12 month high of $43.14. The company has a current ratio of 1.77, a quick ratio of 1.31 and a debt-to-equity ratio of 1.06. The stock has a market cap of $5.30 billion, a price-to-earnings ratio of 873.97, a PEG ratio of 1.39 and a beta of 1.25. The firm has a fifty day simple moving average of $36.03 and a 200 day simple moving average of $37.65.

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 earnings per share for the quarter, hitting the consensus estimate of $0.93. The firm had revenue of $1.04 billion for the quarter, compared to analyst estimates of $1.04 billion. Sensata Technologies had a return on equity of 17.57% and a net margin of 0.21%. The company's revenue for the quarter was down 2.5% on a year-over-year basis. During the same period in the previous year, the company posted $0.97 earnings per share. On average, analysts predict that Sensata Technologies Holding plc will post 3.55 EPS for the current year.

Analyst Ratings Changes

Several equities analysts recently commented on the company. Evercore ISI cut their target price 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. Truist Financial dropped their price target on Sensata Technologies from $46.00 to $38.00 and set a "hold" rating for the company in a report on Tuesday, July 30th. Vertical Research started coverage on Sensata Technologies in a report on Tuesday, July 23rd. They set a "buy" rating and a $55.00 price target for the company. Bank of America dropped their price target on Sensata Technologies from $44.00 to $41.00 and set a "neutral" rating for the company in a report on Tuesday, July 30th. Finally, Oppenheimer dropped their price target on Sensata Technologies from $50.00 to $47.00 and set an "outperform" rating for the company in a report on Wednesday, July 31st. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $43.40.

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.