Sensata Technologies Holding plc (NYSE:ST) Position Boosted by NorthCrest Asset Manangement LLC

NorthCrest Asset Manangement LLC raised its holdings in shares of Sensata Technologies Holding plc (NYSE:ST) by 5.9% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,966 shares of the scientific and technical instruments company’s stock after acquiring an additional 720 shares during the period. NorthCrest Asset Manangement LLC’s holdings in Sensata Technologies were worth $485,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in ST. Principal Securities Inc. bought a new stake in Sensata Technologies during the fourth quarter worth approximately $29,000. Parkside Financial Bank & Trust raised its stake in shares of Sensata Technologies by 761.2% in the 4th quarter. Parkside Financial Bank & Trust now owns 887 shares of the scientific and technical instruments company’s stock worth $33,000 after buying an additional 784 shares in the last quarter. GAMMA Investing LLC lifted its holdings in shares of Sensata Technologies by 399.0% in the second quarter. GAMMA Investing LLC now owns 968 shares of the scientific and technical instruments company’s stock valued at $36,000 after buying an additional 774 shares during the period. Versant Capital Management Inc bought a new position in Sensata Technologies during the second quarter valued at about $37,000. Finally, SageView Advisory Group LLC bought a new stake in Sensata Technologies in the first quarter worth about $85,000. Institutional investors and hedge funds own 99.42% of the company’s stock.

Analyst Ratings Changes

ST has been the topic of several research reports. Bank of America dropped their price target on Sensata Technologies from $44.00 to $41.00 and set a “neutral” rating on the stock in a report on Tuesday, July 30th. Truist Financial reduced their price objective on shares of Sensata Technologies from $46.00 to $38.00 and set a “hold” rating for the company in a research note on Tuesday, July 30th. Robert W. Baird lifted their target price on shares of Sensata Technologies from $37.00 to $47.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 30th. Oppenheimer reduced their price target on shares of Sensata Technologies from $50.00 to $47.00 and set an “outperform” rating for the company in a research report on Wednesday, July 31st. Finally, Vertical Research assumed coverage on shares of Sensata Technologies in a research report on Tuesday, July 23rd. They set a “buy” rating and a $55.00 price objective on the stock. One analyst has rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating to the company. According to MarketBeat, Sensata Technologies currently has a consensus rating of “Hold” and a consensus target price of $44.10.

Sensata Technologies Price Performance

NYSE ST opened at $35.97 on Thursday. The company has a market cap of $5.41 billion, a P/E ratio of -327.00, a P/E/G ratio of 1.29 and a beta of 1.26. Sensata Technologies Holding plc has a 1 year low of $30.56 and a 1 year high of $43.14. The company has a current ratio of 1.77, a quick ratio of 1.31 and a debt-to-equity ratio of 1.06. The company has a fifty day simple moving average of $38.22 and a 200 day simple moving average of $37.31.

Sensata Technologies (NYSE:ST) last posted its quarterly earnings data on Monday, July 29th. The scientific and technical instruments company reported $0.93 earnings per share for the quarter, hitting the consensus estimate of $0.93. The business had revenue of $1.04 billion during the quarter, compared to analysts’ expectations of $1.04 billion. Sensata Technologies had a return on equity of 17.57% and a net margin of 0.21%. The firm’s revenue was down 2.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.97 EPS. On average, sell-side analysts predict that Sensata Technologies Holding plc will post 3.57 EPS for the current year.

Sensata Technologies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, August 28th. Investors of record on Wednesday, August 14th will be given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 1.33%. The ex-dividend date is Wednesday, August 14th. Sensata Technologies’s dividend payout ratio (DPR) is presently -436.36%.

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.