Sensata Technologies Holding plc (NYSE:ST) Receives Average Rating of "Hold" from Brokerages

Shares of Sensata Technologies Holding plc (NYSE:ST - Get Free Report) have been assigned a consensus rating of "Hold" from the thirteen analysts that are presently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have issued a buy rating on the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $39.08.

Several research analysts recently issued reports on ST shares. UBS Group cut their target price 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. Stifel Nicolaus lowered their price target on shares of Sensata Technologies from $43.00 to $38.00 and set a "hold" rating for the company in a research note on Tuesday, November 5th. Oppenheimer lowered 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. Robert W. Baird lowered their price target 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. Finally, TD Cowen lowered their price target on shares of Sensata Technologies from $50.00 to $45.00 and set a "buy" rating for the company in a research note on Wednesday, November 6th.

Sensata Technologies Stock Up 2.5 %

NYSE:ST traded up $0.72 during midday trading on Thursday, hitting $29.57. The company had a trading volume of 2,151,983 shares, compared to its average volume of 1,412,341. Sensata Technologies has a 52-week low of $24.91 and a 52-week high of $43.14. The stock's fifty day moving average price is $27.96 and its 200-day moving average price is $32.51. 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 announced its earnings results on Tuesday, February 11th. The scientific and technical instruments company reported $0.76 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.76. Sensata Technologies had a negative net margin of 1.98% and a positive return on equity of 17.68%. On average, equities analysts predict that Sensata Technologies will post 3.44 EPS for the current fiscal year.

Sensata Technologies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, February 26th. Investors of record on Wednesday, February 12th will be given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 1.62%. The ex-dividend date of this dividend is Wednesday, February 12th. Sensata Technologies's dividend payout ratio is currently -88.89%.

Institutional Investors Weigh In On Sensata Technologies

A number of hedge funds and other institutional investors have recently bought and sold shares of ST. Tidal Investments LLC grew its holdings in shares of Sensata Technologies by 1.1% during the third quarter. Tidal Investments LLC now owns 29,346 shares of the scientific and technical instruments company's stock valued at $1,052,000 after buying an additional 314 shares during the last quarter. Franklin Resources Inc. raised its position in Sensata Technologies by 3.7% in the third quarter. Franklin Resources Inc. now owns 11,442 shares of the scientific and technical instruments company's stock worth $418,000 after acquiring an additional 403 shares during the period. Arizona State Retirement System raised its position in shares of Sensata Technologies by 0.9% during the 4th quarter. Arizona State Retirement System now owns 43,810 shares of the scientific and technical instruments company's stock valued at $1,200,000 after purchasing an additional 405 shares during the period. Assetmark Inc. raised its position in shares of Sensata Technologies by 19.0% during the 3rd quarter. Assetmark Inc. now owns 2,602 shares of the scientific and technical instruments company's stock valued at $93,000 after purchasing an additional 416 shares during the period. Finally, Treasurer of the State of North Carolina raised its position in shares of Sensata Technologies by 0.6% during the 4th quarter. Treasurer of the State of North Carolina now owns 65,706 shares of the scientific and technical instruments company's stock valued at $1,800,000 after purchasing an additional 420 shares during the period. Hedge funds and other institutional investors own 99.42% of the company's stock.

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.