Harbor Capital Advisors Inc. Grows Stock Holdings in Sensata Technologies Holding plc (NYSE:ST)

Harbor Capital Advisors Inc. increased its holdings in Sensata Technologies Holding plc (NYSE:ST - Free Report) by 72.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 456,955 shares of the scientific and technical instruments company's stock after acquiring an additional 192,060 shares during the period. Sensata Technologies comprises 0.7% of Harbor Capital Advisors Inc.'s investment portfolio, making the stock its 16th biggest holding. Harbor Capital Advisors Inc. owned 0.30% of Sensata Technologies worth $16,386,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Millennium Management LLC grew its position in Sensata Technologies by 84.8% in 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 purchasing an additional 2,321,782 shares in the last quarter. SG Americas Securities LLC boosted its position in Sensata Technologies by 2,624.2% in the first quarter. SG Americas Securities LLC now owns 918,082 shares of the scientific and technical instruments company's stock worth $33,730,000 after purchasing an additional 884,381 shares during the last quarter. Eminence Capital LP grew its stake in Sensata Technologies by 31.8% in the 2nd 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 purchasing an additional 826,353 shares during the period. Capitolis Liquid Global Markets LLC purchased a new stake in shares of Sensata Technologies during the 1st quarter valued at $28,969,000. Finally, Victory Capital Management Inc. raised its stake in shares of Sensata Technologies by 64.5% during the 2nd 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 purchasing an additional 727,521 shares during the period. 99.42% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms recently issued reports on ST. Evercore ISI decreased their price objective on shares of Sensata Technologies from $60.00 to $50.00 and set an "outperform" rating for the company in a report on Tuesday, October 15th. Wolfe Research assumed coverage on shares of Sensata Technologies in a report on Thursday, September 5th. They issued a "peer perform" rating on the stock. JPMorgan Chase & Co. reduced their price objective on Sensata Technologies from $35.00 to $34.00 and set an "underweight" rating for the company in a report on Friday, October 4th. The Goldman Sachs Group cut their price target on Sensata Technologies from $41.00 to $39.00 and set a "neutral" rating for the company in a research note on Tuesday, October 1st. Finally, Truist Financial cut their target price on shares of Sensata Technologies from $46.00 to $38.00 and set a "hold" rating for the company in a research report on Tuesday, July 30th. 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 stock presently has a consensus rating of "Hold" and an average target price of $43.40.

Sensata Technologies Price Performance

Shares of NYSE:ST traded up $0.14 on Friday, hitting $34.48. The company's stock had a trading volume of 1,698,720 shares, compared to its average volume of 1,103,270. Sensata Technologies Holding plc has a 1 year low of $30.56 and a 1 year high of $43.14. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.77 and a quick ratio of 1.31. The company has a market capitalization of $5.21 billion, a PE ratio of 862.22, a PEG ratio of 1.36 and a beta of 1.25. The company has a 50-day simple moving average of $35.75 and a 200 day simple moving average of $37.70.

Sensata Technologies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 13th will be given a dividend of $0.12 per share. The ex-dividend date is Wednesday, November 13th. This represents a $0.48 annualized dividend and a yield of 1.39%. Sensata Technologies's payout ratio is presently 1,200.30%.

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.