Sensata Technologies Holding plc (NYSE:ST) Given Consensus Rating of “Hold” by Analysts

Shares of Sensata Technologies Holding plc (NYSE:ST) have been assigned an average rating of “Hold” from the thirteen analysts that are presently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have issued a buy rating on the company. The average 12-month price objective among brokers that have covered the stock in the last year is $39.08.

ST has been the topic of several research analyst reports. Truist Financial reduced their price objective on Sensata Technologies from $38.00 to $33.00 and set a “hold” rating on the stock in a research note on Tuesday, November 5th. Evercore ISI reduced 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 report on Friday, January 17th. UBS Group dropped their price objective on shares of Sensata Technologies from $38.00 to $37.00 and set a “buy” rating for the company in a research report on Wednesday, February 12th. Robert W. Baird cut 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. Finally, The Goldman Sachs Group decreased their price target on shares of Sensata Technologies from $36.00 to $32.00 and set a “neutral” rating for the company in a research report on Thursday, January 16th.

Sensata Technologies Stock Performance

NYSE:ST opened at $30.02 on Thursday. The company has a market cap of $4.49 billion, a P/E ratio of 35.74, a P/E/G ratio of 1.22 and a beta of 1.23. The firm’s 50 day moving average is $27.91 and its two-hundred day moving average is $32.36. Sensata Technologies has a fifty-two week low of $24.91 and a fifty-two week high of $43.14. 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 (NYSE:ST) last issued its earnings results on Tuesday, February 11th. The scientific and technical instruments company reported $0.76 earnings per share 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%. Analysts expect that Sensata Technologies will post 3.24 EPS for the current year.

Sensata Technologies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, February 26th. Investors of record on Wednesday, February 12th will be paid a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 1.60%. The ex-dividend date is Wednesday, February 12th. Sensata Technologies’s dividend payout ratio (DPR) is 57.14%.

Institutional Investors Weigh In On Sensata Technologies

Hedge funds have recently bought and sold shares of the business. Fuller & Thaler Asset Management Inc. raised its position in shares of Sensata Technologies by 96.8% in the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 5,260,870 shares of the scientific and technical instruments company’s stock valued at $144,148,000 after purchasing an additional 2,587,183 shares in the last quarter. Price T Rowe Associates Inc. MD increased its stake in shares of Sensata Technologies by 36.4% in 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 last quarter. Norges Bank bought a new stake in shares of Sensata Technologies in the fourth quarter worth $48,580,000. Woodline Partners LP raised its holdings in Sensata Technologies by 65.2% in the fourth quarter. Woodline Partners LP now owns 2,277,826 shares of the scientific and technical instruments company’s stock valued at $62,412,000 after acquiring an additional 898,835 shares in the last quarter. Finally, Eminence Capital LP boosted its stake in Sensata Technologies by 25.2% during the 4th quarter. Eminence Capital LP now owns 4,318,718 shares of the scientific and technical instruments company’s stock valued at $118,333,000 after acquiring an additional 870,419 shares during the last quarter. Institutional investors and hedge funds own 99.42% of the company’s stock.

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.