Inceptionr LLC Takes Position in Sensata Technologies Holding plc (NYSE:ST)

Inceptionr LLC bought a new stake in Sensata Technologies Holding plc (NYSE:ST) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor bought 17,017 shares of the scientific and technical instruments company’s stock, valued at approximately $466,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the company. Blue Trust Inc. grew its stake in Sensata Technologies by 738.7% in the 4th quarter. Blue Trust Inc. now owns 931 shares of the scientific and technical instruments company’s stock valued at $26,000 after buying an additional 820 shares during the last quarter. Venturi Wealth Management LLC grew its stake in Sensata Technologies by 67.6% in the 4th quarter. Venturi Wealth Management LLC now owns 2,026 shares of the scientific and technical instruments company’s stock valued at $56,000 after buying an additional 817 shares during the last quarter. Quarry LP grew its stake in Sensata Technologies by 61.2% in the 3rd quarter. Quarry LP now owns 1,714 shares of the scientific and technical instruments company’s stock valued at $61,000 after buying an additional 651 shares during the last quarter. Parkside Financial Bank & Trust grew its stake in Sensata Technologies by 48.2% in the 4th quarter. Parkside Financial Bank & Trust now owns 2,523 shares of the scientific and technical instruments company’s stock valued at $69,000 after buying an additional 820 shares during the last quarter. Finally, Assetmark Inc. grew its stake in 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 valued at $93,000 after buying an additional 416 shares during the last quarter. 99.42% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on ST shares. Oppenheimer decreased their price target 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. Evercore ISI decreased their target price 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 decreased their target price on shares of Sensata Technologies from $38.00 to $37.00 and set a “buy” rating on the stock in a research report on Wednesday, February 12th. Finally, 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 report on Thursday, January 16th. One investment 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. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $39.08.

Sensata Technologies Stock Performance

NYSE ST opened at $28.70 on Friday. 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 $4.29 billion, a price-to-earnings ratio of 34.17, a P/E/G ratio of 1.25 and a beta of 1.20. The firm’s 50 day simple moving average is $27.95 and its 200 day simple moving average is $31.71. Sensata Technologies Holding plc has a 1 year low of $24.91 and a 1 year high of $43.14.

Sensata Technologies (NYSE:ST) last posted its quarterly earnings results on Tuesday, February 11th. The scientific and technical instruments company reported $0.76 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.76. Sensata Technologies had a net margin of 3.27% and a return on equity of 17.54%. As a group, research analysts expect that Sensata Technologies Holding plc will post 3.21 earnings per share for the current fiscal year.

Sensata Technologies Announces Dividend

The business also recently disclosed 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 annualized dividend and a yield of 1.67%. The ex-dividend date of this dividend was Wednesday, February 12th. Sensata Technologies’s payout ratio is 57.14%.

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.