Raymond James Financial Inc. acquired a new position in Sensata Technologies Holding plc (NYSE:ST - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 205,816 shares of the scientific and technical instruments company's stock, valued at approximately $5,639,000. Raymond James Financial Inc. owned 0.14% of Sensata Technologies at the end of the most recent reporting period.
Other institutional investors have also recently added to or reduced their stakes in the company. State Street Corp lifted its stake 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 acquiring an additional 23,946 shares during the period. JPMorgan Chase & Co. lifted its position 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 worth $23,688,000 after purchasing an additional 264,334 shares during the period. Loomis Sayles & Co. L P bought a new position in Sensata Technologies during the 3rd quarter valued at $9,791,000. Kempner Capital Management Inc. increased its position in shares of Sensata Technologies by 233.9% during the 4th quarter. Kempner Capital Management Inc. now owns 209,064 shares of the scientific and technical instruments company's stock valued at $5,728,000 after purchasing an additional 146,449 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its stake in shares of Sensata Technologies by 1.8% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,060,537 shares of the scientific and technical instruments company's stock worth $29,059,000 after buying an additional 19,233 shares in the last quarter. Institutional investors own 99.42% of the company's stock.
Analyst Ratings Changes
Several equities analysts have recently issued reports on the stock. The Goldman Sachs Group lowered their price objective on shares of Sensata Technologies from $36.00 to $32.00 and set a "neutral" rating on the stock in a research note on Thursday, January 16th. Evercore ISI cut their price objective on Sensata Technologies from $43.00 to $40.00 and set an "outperform" rating for the company in a research report on Friday, January 17th. UBS Group decreased their target price on Sensata Technologies from $38.00 to $37.00 and set a "buy" rating on the stock in a report on Wednesday, February 12th. Finally, Oppenheimer reduced their target price on Sensata Technologies from $44.00 to $40.00 and set an "outperform" rating for the company in a report on Thursday, February 13th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $39.08.
Read Our Latest Stock Analysis on ST
Sensata Technologies Stock Up 0.1 %
Shares of NYSE ST traded up $0.03 during mid-day trading on Tuesday, reaching $27.82. The company had a trading volume of 994,087 shares, compared to its average volume of 1,645,546. The stock has a fifty day moving average of $27.92 and a two-hundred day moving average of $30.88. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.99 and a current ratio of 2.85. Sensata Technologies Holding plc has a 12-month low of $24.91 and a 12-month high of $43.14. The company has a market capitalization of $4.16 billion, a price-to-earnings ratio of 33.12, a PEG ratio of 1.25 and a beta of 1.20.
Sensata Technologies (NYSE:ST - Get Free Report) last issued its quarterly earnings data on Tuesday, February 11th. The scientific and technical instruments company reported $0.76 earnings per share for the quarter, hitting analysts' consensus estimates of $0.76. Sensata Technologies had a net margin of 3.27% and a return on equity of 17.54%. As a group, equities research analysts expect that Sensata Technologies Holding plc will post 3.21 EPS for the current year.
Sensata Technologies Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Wednesday, February 26th. Investors of record on Wednesday, February 12th were issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 1.73%. The ex-dividend date of this dividend was Wednesday, February 12th. Sensata Technologies's dividend payout ratio is currently 57.14%.
Sensata Technologies Company Profile
(
Free Report)
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.
Featured Stories
Before you consider Sensata Technologies, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Sensata Technologies wasn't on the list.
While Sensata Technologies currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Enter your email address and below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
