Oppenheimer Asset Management Inc. Has $4 Million Stock Position in Sensata Technologies Holding plc (NYSE:ST)

Oppenheimer Asset Management Inc. decreased its holdings in shares of Sensata Technologies Holding plc (NYSE:ST - Free Report) by 58.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 146,035 shares of the scientific and technical instruments company's stock after selling 206,453 shares during the period. Oppenheimer Asset Management Inc. owned about 0.10% of Sensata Technologies worth $4,001,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. State Street Corp lifted its holdings in shares of Sensata Technologies by 0.4% in the 3rd quarter. State Street Corp now owns 5,470,903 shares of the scientific and technical instruments company's stock worth $196,187,000 after purchasing an additional 23,946 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in Sensata Technologies by 66.7% in the third quarter. JPMorgan Chase & Co. now owns 660,568 shares of the scientific and technical instruments company's stock valued at $23,688,000 after buying an additional 264,334 shares during the last quarter. Loomis Sayles & Co. L P acquired a new position in shares of Sensata Technologies during the third quarter valued at $9,791,000. International Assets Investment Management LLC bought a new position in shares of Sensata Technologies during the third quarter worth about $1,110,000. Finally, Kempner Capital Management Inc. grew its position in shares of Sensata Technologies by 233.9% during the fourth quarter. Kempner Capital Management Inc. now owns 209,064 shares of the scientific and technical instruments company's stock worth $5,728,000 after acquiring an additional 146,449 shares during the last quarter. 99.42% of the stock is owned by institutional investors and hedge funds.

Sensata Technologies Trading Down 2.2 %

NYSE ST traded down $0.64 on Monday, hitting $28.22. 515,778 shares of the stock were exchanged, compared to its average volume of 1,647,883. The company's 50-day moving average price is $27.95 and its two-hundred day moving average price is $32.01. The company has a debt-to-equity ratio of 1.11, a current ratio of 2.85 and a quick ratio of 1.99. Sensata Technologies Holding plc has a 52-week low of $24.91 and a 52-week high of $43.14. The company has a market capitalization of $4.22 billion, a price-to-earnings ratio of 33.68, a P/E/G ratio of 1.25 and a beta of 1.23.

Sensata Technologies (NYSE:ST - Get Free Report) last posted its quarterly earnings results on Tuesday, February 11th. The scientific and technical instruments company reported $0.76 earnings per share for the quarter, meeting the consensus estimate of $0.76. Sensata Technologies had a return on equity of 17.54% and a net margin of 3.27%. Research analysts predict that Sensata Technologies Holding plc will post 3.21 EPS for the current year.

Sensata Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 26th. Shareholders of record on Wednesday, February 12th were paid a $0.12 dividend. The ex-dividend date of this dividend was Wednesday, February 12th. This represents a $0.48 annualized dividend and a yield of 1.70%. Sensata Technologies's dividend payout ratio is presently 57.14%.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on ST. The Goldman Sachs Group decreased their target price on shares of Sensata Technologies from $36.00 to $32.00 and set a "neutral" rating for the company in a research report on Thursday, January 16th. Robert W. Baird lowered their price target on Sensata Technologies from $40.00 to $36.00 and set a "neutral" rating on the stock in a research report on Tuesday, November 5th. Truist Financial cut their price objective on Sensata Technologies from $38.00 to $33.00 and set a "hold" rating for the company in a report on Tuesday, November 5th. Oppenheimer dropped their price target on shares of Sensata Technologies from $44.00 to $40.00 and set an "outperform" rating on the stock in a research report on Thursday, February 13th. Finally, Evercore ISI reduced their price objective on shares of Sensata Technologies from $43.00 to $40.00 and set an "outperform" rating for the company in a research report on Friday, January 17th. One analyst has rated the stock with a sell rating, seven have given a hold rating and five have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $39.08.

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.