Sensata Technologies Holding plc (NYSE:ST - Get Free Report)'s stock price shot up 9.1% on Wednesday . The stock traded as high as $28.12 and last traded at $28.02. 762,066 shares were traded during mid-day trading, a decline of 48% from the average session volume of 1,469,037 shares. The stock had previously closed at $25.68.
Wall Street Analyst Weigh In
Several brokerages have recently weighed in on ST. JPMorgan Chase & Co. lowered their price objective on shares of Sensata Technologies from $34.00 to $32.00 and set an "underweight" rating on the stock in a research note on Tuesday, November 5th. The Goldman Sachs Group decreased their target price on shares of Sensata Technologies from $36.00 to $32.00 and set a "neutral" rating on the stock in a research note on Thursday, January 16th. Oppenheimer decreased their target price on shares of Sensata Technologies from $44.00 to $40.00 and set an "outperform" rating on the stock in a research note on Thursday. TD Cowen decreased their target price on shares of Sensata Technologies from $50.00 to $45.00 and set a "buy" rating on the stock in a research note on Wednesday, November 6th. Finally, Robert W. Baird decreased their target price on shares of Sensata Technologies from $40.00 to $36.00 and set a "neutral" rating on the stock in a research note on Tuesday, November 5th. One 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, Sensata Technologies has an average rating of "Hold" and an average price target of $39.08.
Get Our Latest Report on ST
Sensata Technologies Stock Performance
The business's fifty day moving average is $27.96 and its two-hundred day moving average 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. The stock has a market capitalization of $4.42 billion, a PE ratio of -54.76, a price-to-earnings-growth ratio of 0.77 and a beta of 1.23.
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 earnings per share for the quarter, meeting analysts' consensus estimates of $0.76. Sensata Technologies had a negative net margin of 1.98% and a positive return on equity of 17.68%. As a group, research analysts anticipate that Sensata Technologies Holding plc will post 3.44 EPS for the current fiscal year.
Sensata Technologies Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, February 26th. Investors of record on Wednesday, February 12th will be issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.62%. The ex-dividend date is Wednesday, February 12th. Sensata Technologies's dividend payout ratio (DPR) is presently -88.89%.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently bought and sold shares of ST. Fuller & Thaler Asset Management Inc. boosted its stake in Sensata Technologies by 96.8% during the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 5,260,870 shares of the scientific and technical instruments company's stock worth $144,148,000 after buying an additional 2,587,183 shares during the period. Price T Rowe Associates Inc. MD boosted its stake in Sensata Technologies by 36.4% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 7,821,428 shares of the scientific and technical instruments company's stock worth $214,308,000 after buying an additional 2,088,161 shares during the period. Norges Bank purchased a new position in Sensata Technologies during the fourth quarter worth $48,580,000. Merewether Investment Management LP purchased a new position in Sensata Technologies during the third quarter worth $25,446,000. Finally, Boston Partners boosted its stake in Sensata Technologies by 11.6% during the fourth quarter. Boston Partners now owns 6,526,941 shares of the scientific and technical instruments company's stock worth $179,087,000 after buying an additional 677,316 shares during the period. 99.42% of the stock is owned by hedge funds and other institutional investors.
About Sensata Technologies
(
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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.
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