UBS Group Has Lowered Expectations for Sensata Technologies (NYSE:ST) Stock Price

Sensata Technologies (NYSE:ST - Free Report) had its target price trimmed by UBS Group from $38.00 to $37.00 in a research report sent to investors on Wednesday morning,Benzinga reports. The firm currently has a buy rating on the scientific and technical instruments company's stock.

A number of other equities analysts also recently issued reports on ST. Oppenheimer dropped their price objective on shares of Sensata Technologies from $47.00 to $44.00 and set an "outperform" rating on the stock in a research note on Tuesday, November 5th. The Goldman Sachs Group dropped their price target on Sensata Technologies from $36.00 to $32.00 and set a "neutral" rating on the stock in a research note on Thursday, January 16th. Truist Financial cut their price target on Sensata Technologies from $38.00 to $33.00 and set a "hold" rating on the stock in a research report on Tuesday, November 5th. TD Cowen cut their price objective on shares of Sensata Technologies from $50.00 to $45.00 and set a "buy" rating for the company in a report on Wednesday, November 6th. Finally, Evercore ISI dropped their price target on shares of Sensata Technologies from $43.00 to $40.00 and set an "outperform" rating on the stock in a research note on Friday, January 17th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $39.08.

Sensata Technologies Stock Up 2.5 %

Shares of Sensata Technologies stock traded up $0.72 on Wednesday, reaching $29.57. The company's stock had a trading volume of 2,151,983 shares, compared to its average volume of 1,412,341. The firm's fifty day simple moving average is $27.96 and its two-hundred day simple moving average is $32.51. Sensata Technologies has a 52 week low of $24.91 and a 52 week high of $43.14. The company has a market capitalization of $4.42 billion, a price-to-earnings ratio of -54.76, a P/E/G ratio of 0.77 and a beta of 1.23. 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 quarterly earnings results on Tuesday, February 11th. The scientific and technical instruments company reported $0.76 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.76. Sensata Technologies had a positive return on equity of 17.68% and a negative net margin of 1.98%. Equities analysts anticipate that Sensata Technologies will post 3.44 earnings per share for the current year.

Sensata Technologies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, February 26th. Shareholders of record on Wednesday, February 12th will be issued a $0.12 dividend. The ex-dividend date of this dividend is Wednesday, February 12th. This represents a $0.48 dividend on an annualized basis and a yield of 1.62%. Sensata Technologies's dividend payout ratio (DPR) is -88.89%.

Institutional Investors Weigh In On Sensata Technologies

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Freestone Grove Partners LP acquired a new stake in Sensata Technologies during the 4th quarter worth approximately $449,000. Northern Trust Corp increased its position in shares of Sensata Technologies by 6.4% in the fourth quarter. Northern Trust Corp now owns 1,793,392 shares of the scientific and technical instruments company's stock worth $49,139,000 after acquiring an additional 108,555 shares in the last quarter. Quarry LP raised its stake in shares of Sensata Technologies by 286.1% in the 4th quarter. Quarry LP now owns 6,618 shares of the scientific and technical instruments company's stock valued at $181,000 after acquiring an additional 4,904 shares during the period. Aquatic Capital Management LLC lifted its holdings in shares of Sensata Technologies by 3.8% during the 4th quarter. Aquatic Capital Management LLC now owns 67,388 shares of the scientific and technical instruments company's stock valued at $1,846,000 after acquiring an additional 2,488 shares in the last quarter. Finally, Oxford Asset Management LLP purchased a new stake in Sensata Technologies during the 4th quarter worth $289,000. Hedge funds and other institutional investors own 99.42% of the company's stock.

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.