Geode Capital Management LLC Raises Holdings in Sensata Technologies Holding plc (NYSE:ST)

Geode Capital Management LLC increased its position in Sensata Technologies Holding plc (NYSE:ST - Free Report) by 1.0% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 2,520,062 shares of the scientific and technical instruments company's stock after buying an additional 24,707 shares during the period. Geode Capital Management LLC owned about 1.68% of Sensata Technologies worth $90,393,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of ST. Janus Henderson Group PLC boosted its stake in shares of Sensata Technologies by 0.5% in the third quarter. Janus Henderson Group PLC now owns 9,722,999 shares of the scientific and technical instruments company's stock worth $348,666,000 after acquiring an additional 45,513 shares during the period. State Street Corp lifted its holdings in 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 purchasing an additional 23,946 shares in the last quarter. Millennium Management LLC boosted its stake in Sensata Technologies by 84.8% in 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 purchasing an additional 2,321,782 shares during the period. Dimensional Fund Advisors LP boosted its stake in Sensata Technologies by 16.5% in the 2nd quarter. Dimensional Fund Advisors LP now owns 4,643,665 shares of the scientific and technical instruments company's stock worth $173,627,000 after purchasing an additional 658,728 shares during the period. Finally, FMR LLC grew its holdings 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 valued at $139,703,000 after buying an additional 618,202 shares in the last quarter. Hedge funds and other institutional investors own 99.42% of the company's stock.

Sensata Technologies Trading Down 0.3 %

NYSE:ST traded down $0.08 during midday trading on Friday, hitting $27.24. 4,554,065 shares of the company traded hands, compared to its average volume of 1,864,686. The firm has a market capitalization of $4.07 billion, a P/E ratio of -50.44, a P/E/G ratio of 0.89 and a beta of 1.22. The firm's fifty day moving average is $32.59 and its 200-day moving average is $35.69. Sensata Technologies Holding plc has a 12-month low of $27.16 and a 12-month high of $43.14. The company has a current ratio of 2.60, a quick ratio of 1.76 and a debt-to-equity ratio of 1.08.

Sensata Technologies (NYSE:ST - Get Free Report) last announced 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 for the quarter, compared to the consensus estimate of $983.93 million. During the same quarter in the prior year, the firm posted $0.91 earnings per share. The business's revenue for the quarter was down 1.8% on a year-over-year basis. On average, sell-side analysts predict that Sensata Technologies Holding plc will post 3.43 EPS for the current year.

Sensata Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 13th were given a dividend of $0.12 per share. The ex-dividend date was Wednesday, November 13th. This represents a $0.48 annualized dividend and a dividend yield of 1.76%. Sensata Technologies's dividend payout ratio (DPR) is presently -88.89%.

Wall Street Analysts Forecast Growth

ST has been the topic of several research analyst reports. The Goldman Sachs Group lowered their target price on shares of Sensata Technologies from $41.00 to $39.00 and set a "neutral" rating on the stock in a report on Tuesday, October 1st. Oppenheimer dropped their price objective on shares of Sensata Technologies from $47.00 to $44.00 and set an "outperform" rating for the company in a report on Tuesday, November 5th. Evercore ISI cut their price objective on Sensata Technologies from $60.00 to $50.00 and set an "outperform" rating for the company in a research report on Tuesday, October 15th. Robert W. Baird decreased their target price on Sensata Technologies from $40.00 to $36.00 and set a "neutral" rating on the stock in a research report on Tuesday, November 5th. Finally, TD Cowen cut their price target on Sensata Technologies from $50.00 to $45.00 and set a "buy" rating for the company in a report on Wednesday, November 6th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $41.00.

Sensata Technologies 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.