Sensata Technologies Holding plc (NYSE:ST) Receives Average Recommendation of "Hold" from Analysts

Sensata Technologies Holding plc (NYSE:ST - Get Free Report) has earned a consensus rating of "Hold" from the thirteen brokerages that are currently covering the company, MarketBeat Ratings reports. 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. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $39.58.

Several equities research analysts recently issued reports on ST shares. Stifel Nicolaus reduced their price target on Sensata Technologies from $43.00 to $38.00 and set a "hold" rating for the company in a report on Tuesday, November 5th. Truist Financial reduced their target price on Sensata Technologies from $38.00 to $33.00 and set a "hold" rating for the company in a research note on Tuesday, November 5th. UBS Group dropped their price target on Sensata Technologies from $44.00 to $39.00 and set a "buy" rating on the stock in a research note on Wednesday, November 6th. JPMorgan Chase & Co. reduced their price objective on shares of Sensata Technologies from $34.00 to $32.00 and set an "underweight" rating for the company in a research report on Tuesday, November 5th. Finally, Robert W. Baird cut their target price 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, November 5th.

Institutional Trading of Sensata Technologies

Several large investors have recently modified their holdings of ST. Millennium Management LLC raised its holdings in shares of Sensata Technologies by 84.8% during the 2nd quarter. Millennium Management LLC now owns 5,059,047 shares of the scientific and technical instruments company's stock worth $189,158,000 after buying an additional 2,321,782 shares in the last quarter. Eminence Capital LP lifted its holdings in shares of Sensata Technologies by 31.8% in the second quarter. Eminence Capital LP now owns 3,423,317 shares of the scientific and technical instruments company's stock worth $127,998,000 after acquiring an additional 826,353 shares during the last quarter. Merewether Investment Management LP acquired a new stake in shares of Sensata Technologies in the 3rd quarter valued at approximately $25,446,000. Dimensional Fund Advisors LP grew its holdings in shares of Sensata Technologies by 16.5% during the 2nd quarter. Dimensional Fund Advisors LP now owns 4,643,665 shares of the scientific and technical instruments company's stock valued at $173,627,000 after purchasing an additional 658,728 shares during the last quarter. Finally, FMR LLC increased its position in Sensata Technologies by 18.9% during the 3rd quarter. FMR LLC now owns 3,895,776 shares of the scientific and technical instruments company's stock worth $139,703,000 after purchasing an additional 618,202 shares in the last quarter. 99.42% of the stock is owned by institutional investors and hedge funds.

Sensata Technologies Stock Up 0.5 %

ST traded up $0.14 during trading hours on Friday, hitting $28.42. 981,693 shares of the company's stock were exchanged, compared to its average volume of 1,467,390. The stock has a market cap of $4.25 billion, a price-to-earnings ratio of -52.62, a PEG ratio of 0.83 and a beta of 1.24. Sensata Technologies has a 1-year low of $26.65 and a 1-year high of $43.14. The stock's 50-day moving average is $29.76 and its two-hundred day moving average is $34.15. The company has a quick ratio of 1.76, a current ratio of 2.60 and a debt-to-equity ratio of 1.08.

Sensata Technologies (NYSE:ST - Get Free Report) last released its earnings results on Monday, November 4th. The scientific and technical instruments company reported $0.86 earnings per share for the quarter, meeting the consensus estimate of $0.86. Sensata Technologies had a negative net margin of 1.98% and a positive return on equity of 17.68%. The business had revenue of $982.80 million during the quarter, compared to analysts' expectations of $983.93 million. During the same period last year, the business earned $0.91 earnings per share. The firm's revenue was down 1.8% on a year-over-year basis. Sell-side analysts predict that Sensata Technologies will post 3.43 earnings per share for the current fiscal year.

Sensata Technologies Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Wednesday, November 13th were given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 1.69%. The ex-dividend date was Wednesday, November 13th. Sensata Technologies's dividend payout ratio is currently -88.89%.

Sensata Technologies Company 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.