Sensata Technologies Holding plc Declares Quarterly Dividend of $0.12 (NYSE:ST)

Sensata Technologies Holding plc (NYSE:ST - Get Free Report) declared a quarterly dividend on Monday, April 21st, RTT News reports. Investors of record on Wednesday, May 14th will be paid a dividend of 0.12 per share by the scientific and technical instruments company on Wednesday, May 28th. This represents a $0.48 annualized dividend and a dividend yield of 2.25%. The ex-dividend date is Wednesday, May 14th.

Sensata Technologies has a payout ratio of 14.0% indicating that its dividend is sufficiently covered by earnings. Analysts expect Sensata Technologies to earn $3.49 per share next year, which means the company should continue to be able to cover its $0.48 annual dividend with an expected future payout ratio of 13.8%.

Sensata Technologies Trading Down 1.6 %

Shares of ST stock traded down $0.35 during mid-day trading on Friday, reaching $21.29. The stock had a trading volume of 208,960 shares, compared to its average volume of 1,884,990. The company has a current ratio of 2.85, a quick ratio of 1.99 and a debt-to-equity ratio of 1.11. The firm has a market capitalization of $3.18 billion, a PE ratio of 25.33, a price-to-earnings-growth ratio of 1.25 and a beta of 1.12. Sensata Technologies has a 52-week low of $17.32 and a 52-week high of $43.14. The stock's 50-day moving average price is $24.73 and its two-hundred day moving average price is $28.55.

Sensata Technologies (NYSE:ST - Get Free Report) last posted its earnings results on Tuesday, February 11th. The scientific and technical instruments company reported $0.76 earnings per share (EPS) 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%. Equities analysts expect that Sensata Technologies will post 3.21 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. Robert W. Baird lowered their target price on Sensata Technologies from $24.00 to $23.00 and set a "neutral" rating for the company in a research note on Tuesday, April 15th. JPMorgan Chase & Co. cut their price target on shares of Sensata Technologies from $27.00 to $21.00 and set an "underweight" rating on the stock in a report on Thursday, April 17th. Wells Fargo & Company initiated coverage on Sensata Technologies in a research report on Friday. They set an "equal weight" rating and a $20.00 price objective on the stock. UBS Group lowered their target price on shares of Sensata Technologies from $37.00 to $30.00 and set a "buy" rating on the stock in a research note on Thursday, April 10th. Finally, Oppenheimer reduced their price target on shares of Sensata Technologies from $44.00 to $40.00 and set an "outperform" rating for the company in a research note on Thursday, February 13th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $33.33.

About Sensata Technologies

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.