Boston Partners boosted its position in Sensata Technologies Holding plc (NYSE:ST - Free Report) by 11.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,526,941 shares of the scientific and technical instruments company's stock after purchasing an additional 677,316 shares during the quarter. Boston Partners owned about 4.36% of Sensata Technologies worth $179,087,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently modified their holdings of the stock. Tidal Investments LLC lifted its position in shares of Sensata Technologies by 1.1% during the 3rd quarter. Tidal Investments LLC now owns 29,346 shares of the scientific and technical instruments company's stock worth $1,052,000 after buying an additional 314 shares during the last quarter. Franklin Resources Inc. increased its stake in shares of 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 valued at $418,000 after buying an additional 403 shares during the period. Arizona State Retirement System increased its stake in shares of Sensata Technologies by 0.9% in the fourth 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 buying an additional 405 shares during the period. Quarry LP increased its stake in shares of Sensata Technologies by 61.2% in the third quarter. Quarry LP now owns 1,714 shares of the scientific and technical instruments company's stock valued at $61,000 after buying an additional 651 shares during the period. Finally, Jones Financial Companies Lllp grew its stake in Sensata Technologies by 9.4% during the fourth quarter. Jones Financial Companies Lllp now owns 7,751 shares of the scientific and technical instruments company's stock worth $212,000 after purchasing an additional 668 shares during the period. 99.42% of the stock is currently owned by institutional investors.
Sensata Technologies Stock Performance
Shares of NYSE:ST traded down $0.73 during midday trading on Friday, reaching $27.17. 2,198,774 shares of the company traded hands, compared to its average volume of 1,648,127. The company has a quick ratio of 1.99, a current ratio of 2.85 and a debt-to-equity ratio of 1.11. Sensata Technologies Holding plc has a 12 month low of $24.91 and a 12 month high of $43.14. The firm has a market capitalization of $4.06 billion, a price-to-earnings ratio of 32.35, a price-to-earnings-growth ratio of 1.25 and a beta of 1.20. The firm's fifty day moving average price is $27.92 and its two-hundred day moving average price is $30.98.
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 EPS for the quarter, hitting the consensus estimate of $0.76. Sensata Technologies had a return on equity of 17.54% and a net margin of 3.27%. On average, equities analysts expect that Sensata Technologies Holding plc will post 3.21 earnings per share for the current year.
Sensata Technologies Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 26th. Stockholders of record on Wednesday, February 12th were issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.77%. The ex-dividend date of this dividend was Wednesday, February 12th. Sensata Technologies's payout ratio is currently 57.14%.
Analysts Set New Price Targets
Several equities research analysts recently commented on the company. Evercore ISI decreased their target price on Sensata Technologies from $43.00 to $40.00 and set an "outperform" rating for the company in a research note on Friday, January 17th. The Goldman Sachs Group dropped their target price on Sensata Technologies from $36.00 to $32.00 and set a "neutral" rating on the stock in a report on Thursday, January 16th. UBS Group cut their price objective on Sensata Technologies from $38.00 to $37.00 and set a "buy" rating on the stock in a research report on Wednesday, February 12th. Finally, Oppenheimer cut their price objective on Sensata Technologies from $44.00 to $40.00 and set an "outperform" rating on the stock in a research report on Thursday, February 13th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $39.08.
Read Our Latest Research Report on ST
About Sensata Technologies
(
Free Report)
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.
Recommended Stories
Before you consider Sensata Technologies, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Sensata Technologies wasn't on the list.
While Sensata Technologies currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
