Raymond James Financial Inc. bought a new position in shares of Sensata Technologies Holding plc (NYSE:ST - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 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 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors and hedge funds have also recently modified their holdings of the company. Empowered Funds LLC lifted its holdings in shares of Sensata Technologies by 12.9% in the 3rd quarter. Empowered Funds LLC now owns 9,635 shares of the scientific and technical instruments company's stock worth $346,000 after buying an additional 1,098 shares during the period. Advisors Asset Management Inc. lifted its stake in Sensata Technologies by 11.4% in the third quarter. Advisors Asset Management Inc. now owns 64,060 shares of the scientific and technical instruments company's stock worth $2,297,000 after acquiring an additional 6,565 shares during the period. Intech Investment Management LLC purchased a new stake in Sensata Technologies in the third quarter worth about $1,145,000. Charles Schwab Investment Management Inc. grew its holdings in Sensata Technologies by 1.1% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,041,304 shares of the scientific and technical instruments company's stock worth $37,341,000 after acquiring an additional 11,626 shares in the last quarter. Finally, Cerity Partners LLC increased its position in Sensata Technologies by 42.0% during the 3rd quarter. Cerity Partners LLC now owns 18,215 shares of the scientific and technical instruments company's stock valued at $653,000 after purchasing an additional 5,392 shares during the period. Institutional investors own 99.42% of the company's stock.
Sensata Technologies Stock Performance
Shares of NYSE ST traded down $1.34 during midday trading on Friday, reaching $24.79. The company had a trading volume of 2,867,973 shares, compared to its average volume of 1,711,482. The stock has a market cap of $3.71 billion, a P/E ratio of 29.51, a P/E/G ratio of 1.25 and a beta of 1.20. The company has a current ratio of 2.85, a quick ratio of 1.99 and a debt-to-equity ratio of 1.11. Sensata Technologies Holding plc has a 1 year low of $24.42 and a 1 year high of $43.14. The business's 50-day simple moving average is $27.87 and its 200 day simple moving average is $30.78.
Sensata Technologies (NYSE:ST - Get Free Report) last issued its quarterly earnings results on Tuesday, February 11th. The scientific and technical instruments company reported $0.76 EPS for the quarter, hitting analysts' consensus estimates of $0.76. Sensata Technologies had a return on equity of 17.54% and a net margin of 3.27%. On average, analysts forecast that Sensata Technologies Holding plc will post 3.21 earnings per share for the current fiscal year.
Sensata Technologies Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, February 26th. Shareholders of record on Wednesday, February 12th were paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 1.94%. The ex-dividend date was Wednesday, February 12th. Sensata Technologies's payout ratio is 57.14%.
Wall Street Analysts Forecast Growth
ST has been the topic of several research reports. Oppenheimer cut their price objective on shares of Sensata Technologies from $44.00 to $40.00 and set an "outperform" rating on the stock in a report on Thursday, February 13th. The Goldman Sachs Group decreased their price objective on Sensata Technologies from $36.00 to $32.00 and set a "neutral" rating for the company in a research note on Thursday, January 16th. Evercore ISI cut their target price on Sensata Technologies from $43.00 to $40.00 and set an "outperform" rating on the stock in a research note on Friday, January 17th. Finally, UBS Group decreased their price target on shares of Sensata Technologies from $38.00 to $37.00 and set a "buy" rating for the company in a research report on Wednesday, February 12th. One 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. According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $39.08.
Get Our Latest Research Report on ST
Sensata Technologies 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.
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