30,967 Shares in Sensata Technologies Holding plc (NYSE:ST) Acquired by International Assets Investment Management LLC

International Assets Investment Management LLC purchased 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 Form 13F filing with the SEC. The institutional investor purchased 30,967 shares of the scientific and technical instruments company's stock, valued at approximately $1,110,000.

Several other institutional investors and hedge funds have also modified their holdings of the business. GAMMA Investing LLC raised its position in Sensata Technologies by 399.0% in the second quarter. GAMMA Investing LLC now owns 968 shares of the scientific and technical instruments company's stock worth $36,000 after acquiring an additional 774 shares in the last quarter. Versant Capital Management Inc acquired a new position in shares of Sensata Technologies during the second quarter valued at about $37,000. Quarry LP grew its position in Sensata Technologies by 227.1% during the second quarter. Quarry LP now owns 1,063 shares of the scientific and technical instruments company's stock worth $40,000 after buying an additional 738 shares in the last quarter. SageView Advisory Group LLC purchased a new position in shares of Sensata Technologies during the first quarter worth about $85,000. Finally, First Horizon Advisors Inc. raised its position in shares of Sensata Technologies by 57.9% during the 2nd quarter. First Horizon Advisors Inc. now owns 2,529 shares of the scientific and technical instruments company's stock valued at $95,000 after buying an additional 927 shares in the last quarter. Hedge funds and other institutional investors own 99.42% of the company's stock.

Wall Street Analyst Weigh In

ST has been the topic of several research reports. 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. Stifel Nicolaus dropped their price target on Sensata Technologies from $43.00 to $38.00 and set a "hold" rating on the stock in a research note on Tuesday. Vertical Research initiated coverage on shares of Sensata Technologies in a report on Tuesday, July 23rd. They issued a "buy" rating and a $55.00 price objective for the company. Truist Financial reduced their price objective on shares of Sensata Technologies from $38.00 to $33.00 and set a "hold" rating for the company in a research note on Tuesday. Finally, Robert W. Baird decreased their price target on shares of Sensata Technologies from $40.00 to $36.00 and set a "neutral" rating for the company in a research note on Tuesday. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $40.80.

Sensata Technologies Price Performance

Sensata Technologies stock traded down $2.07 during midday trading on Tuesday, reaching $31.57. 3,304,608 shares of the stock were exchanged, compared to its average volume of 1,866,986. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.31 and a current ratio of 1.77. The company's fifty day moving average is $35.52 and its 200-day moving average is $37.68. The firm has a market cap of $4.77 billion, a PE ratio of 789.45, a PEG ratio of 1.36 and a beta of 1.25. Sensata Technologies Holding plc has a 52 week low of $30.56 and a 52 week high of $43.14.

Sensata Technologies (NYSE:ST - Get Free Report) last announced its quarterly earnings data on Monday, November 4th. The scientific and technical instruments company reported $0.86 EPS for the quarter, meeting analysts' consensus estimates of $0.86. Sensata Technologies had a net margin of 0.21% and a return on equity of 17.57%. The company had revenue of $982.80 million for the quarter, compared to the consensus estimate of $983.93 million. During the same period in the prior year, the firm posted $0.91 EPS. The company's quarterly revenue was down 1.8% compared to the same quarter last year. On average, sell-side analysts forecast that Sensata Technologies Holding plc will post 3.55 EPS for the current year.

Sensata Technologies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 13th will be issued a $0.12 dividend. The ex-dividend date is Wednesday, November 13th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.52%. Sensata Technologies's dividend 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.