State of New Jersey Common Pension Fund D Boosts Holdings in Sensata Technologies Holding plc (NYSE:ST)

State of New Jersey Common Pension Fund D grew its position in shares of Sensata Technologies Holding plc (NYSE:ST - Free Report) by 24.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 67,759 shares of the scientific and technical instruments company's stock after acquiring an additional 13,178 shares during the quarter. State of New Jersey Common Pension Fund D's holdings in Sensata Technologies were worth $1,857,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of ST. Tidal Investments LLC lifted its holdings in shares of Sensata Technologies by 1.1% in the third quarter. Tidal Investments LLC now owns 29,346 shares of the scientific and technical instruments company's stock valued at $1,052,000 after purchasing an additional 314 shares in the last quarter. Franklin Resources Inc. lifted its stake in Sensata Technologies by 3.7% during the 3rd quarter. Franklin Resources Inc. now owns 11,442 shares of the scientific and technical instruments company's stock valued at $418,000 after acquiring an additional 403 shares in the last quarter. Assetmark Inc. grew its stake in shares of Sensata Technologies by 19.0% in the 3rd quarter. Assetmark Inc. now owns 2,602 shares of the scientific and technical instruments company's stock worth $93,000 after acquiring an additional 416 shares in the last quarter. Robeco Institutional Asset Management B.V. lifted its position in shares of Sensata Technologies by 1.3% during the third quarter. Robeco Institutional Asset Management B.V. now owns 46,114 shares of the scientific and technical instruments company's stock valued at $1,654,000 after purchasing an additional 602 shares in the last quarter. Finally, Quarry LP boosted its holdings in Sensata Technologies by 61.2% during the third quarter. Quarry LP now owns 1,714 shares of the scientific and technical instruments company's stock worth $61,000 after purchasing an additional 651 shares during the last quarter. 99.42% of the stock is owned by institutional investors and hedge funds.

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Sensata Technologies Price Performance

Shares of ST stock traded up $0.08 during trading hours on Friday, reaching $28.86. The stock had a trading volume of 2,104,632 shares, compared to its average volume of 1,663,315. The stock's fifty day simple moving average is $27.92 and its 200 day simple moving average is $32.12. The company has a current ratio of 2.85, a quick ratio of 1.99 and a debt-to-equity ratio of 1.11. The firm has a market capitalization of $4.32 billion, a PE ratio of 34.36, a PEG ratio of 1.25 and a beta of 1.23. Sensata Technologies Holding plc has a 12 month low of $24.91 and a 12 month high of $43.14.

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 EPS for the quarter, meeting analysts' consensus estimates of $0.76. Sensata Technologies had a net margin of 3.27% and a return on equity of 17.54%. On average, equities research analysts predict that Sensata Technologies Holding plc will post 3.21 EPS for the current year.

Sensata Technologies Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, February 26th. Investors of record on Wednesday, February 12th were paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 1.66%. The ex-dividend date was Wednesday, February 12th. Sensata Technologies's dividend payout ratio is currently 57.14%.

Analysts Set New Price Targets

Several equities research analysts have commented on the stock. JPMorgan Chase & Co. decreased 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 note on Tuesday, November 5th. Stifel Nicolaus reduced their price objective on Sensata Technologies from $43.00 to $38.00 and set a "hold" rating for the company in a research note on Tuesday, November 5th. Evercore ISI lowered their target price on Sensata Technologies from $43.00 to $40.00 and set an "outperform" rating on the stock in a research note on Friday, January 17th. Oppenheimer dropped 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, February 13th. Finally, UBS Group decreased their price target on shares of Sensata Technologies from $38.00 to $37.00 and set a "buy" rating for the company in a research note on Wednesday, February 12th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, Sensata Technologies currently has an average rating of "Hold" and an average target price of $39.08.

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.