Sensata Technologies Holding plc (NYSE:ST) Shares Purchased by Oak Thistle LLC

Oak Thistle LLC increased its stake in Sensata Technologies Holding plc (NYSE:ST - Free Report) by 326.8% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 59,007 shares of the scientific and technical instruments company's stock after purchasing an additional 45,182 shares during the quarter. Oak Thistle LLC's holdings in Sensata Technologies were worth $1,617,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in ST. State Street Corp grew its holdings in Sensata Technologies by 0.4% in the third quarter. State Street Corp now owns 5,470,903 shares of the scientific and technical instruments company's stock valued at $196,187,000 after purchasing an additional 23,946 shares during the last quarter. Millennium Management LLC grew its position in shares of Sensata Technologies by 84.8% in the second quarter. Millennium Management LLC now owns 5,059,047 shares of the scientific and technical instruments company's stock valued at $189,158,000 after purchasing an additional 2,321,782 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in Sensata Technologies by 66.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 660,568 shares of the scientific and technical instruments company's stock valued at $23,688,000 after buying an additional 264,334 shares during the last quarter. Sei Investments Co. raised its holdings in shares of Sensata Technologies by 24.9% in the second quarter. Sei Investments Co. now owns 458,457 shares of the scientific and technical instruments company's stock worth $17,142,000 after acquiring an additional 91,452 shares during the last quarter. Finally, Loomis Sayles & Co. L P purchased a new stake in shares of Sensata Technologies in the third quarter valued at $9,791,000. Institutional investors and hedge funds own 99.42% of the company's stock.

Sensata Technologies Trading Up 1.5 %

Shares of Sensata Technologies stock traded up $0.42 during trading hours on Wednesday, reaching $28.16. The stock had a trading volume of 825,764 shares, compared to its average volume of 1,176,694. 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 Holding plc has a 1 year low of $26.65 and a 1 year high of $43.14. The firm has a market capitalization of $4.21 billion, a price-to-earnings ratio of -52.15, a P/E/G ratio of 0.89 and a beta of 1.24. The firm has a 50 day simple moving average of $30.07 and a two-hundred day simple moving average of $34.32.

Sensata Technologies (NYSE:ST - Get Free Report) last posted its quarterly earnings results on Monday, November 4th. The scientific and technical instruments company reported $0.86 EPS 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 firm had revenue of $982.80 million for the quarter, compared to analyst estimates of $983.93 million. During the same quarter last year, the firm posted $0.91 earnings per share. Sensata Technologies's revenue for the quarter was down 1.8% compared to the same quarter last year. As a group, equities research analysts anticipate that Sensata Technologies Holding plc will post 3.43 earnings per share for the current year.

Sensata Technologies Announces Dividend

The firm 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. The ex-dividend date of this dividend was Wednesday, November 13th. This represents a $0.48 dividend on an annualized basis and a yield of 1.70%. Sensata Technologies's dividend payout ratio (DPR) is -88.89%.

Analyst Upgrades and Downgrades

A number of research firms recently commented on ST. TD Cowen dropped their price objective on Sensata Technologies from $50.00 to $45.00 and set a "buy" rating for the company in a research report on Wednesday, November 6th. UBS Group decreased their price target on shares of 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. cut 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. Truist Financial decreased their target price on shares of Sensata Technologies from $38.00 to $33.00 and set a "hold" rating on the stock in a research report on Tuesday, November 5th. Finally, Stifel Nicolaus reduced their price target on Sensata Technologies from $43.00 to $38.00 and set a "hold" rating on the stock in a research note on Tuesday, November 5th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $41.00.

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.