Cullen Capital Management LLC Purchases 590 Shares of Sensata Technologies Holding plc (NYSE:ST)

Cullen Capital Management LLC raised its position in Sensata Technologies Holding plc (NYSE:ST) by 1.9% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 31,111 shares of the scientific and technical instruments company’s stock after purchasing an additional 590 shares during the period. Cullen Capital Management LLC’s holdings in Sensata Technologies were worth $852,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of ST. Norges Bank bought a new position in shares of Sensata Technologies during the 4th quarter valued at about $48,580,000. Boston Partners lifted its stake in Sensata Technologies by 11.6% in the fourth quarter. Boston Partners now owns 6,526,941 shares of the scientific and technical instruments company’s stock valued at $179,087,000 after buying an additional 677,316 shares in the last quarter. Sei Investments Co. boosted its holdings in shares of Sensata Technologies by 54.6% in the fourth quarter. Sei Investments Co. now owns 756,476 shares of the scientific and technical instruments company’s stock valued at $20,728,000 after buying an additional 267,318 shares during the period. JPMorgan Chase & Co. increased its position in shares of Sensata Technologies by 66.7% during the third quarter. JPMorgan Chase & Co. now owns 660,568 shares of the scientific and technical instruments company’s stock worth $23,688,000 after acquiring an additional 264,334 shares in the last quarter. Finally, Nuance Investments LLC acquired a new stake in shares of Sensata Technologies during the fourth quarter worth $6,623,000. Institutional investors own 99.42% of the company’s stock.

Analyst Ratings Changes

ST has been the subject of a number of research analyst reports. The Goldman Sachs Group reduced their target price on shares of Sensata Technologies from $36.00 to $32.00 and set a “neutral” rating for the company in a research note on Thursday, January 16th. UBS Group decreased their price objective on Sensata Technologies from $38.00 to $37.00 and set a “buy” rating for the company in a report on Wednesday, February 12th. Evercore ISI cut Sensata Technologies from an “outperform” rating to an “inline” rating and cut their target price for the company from $40.00 to $27.00 in a research note on Thursday. Finally, Oppenheimer decreased their price target on shares of Sensata Technologies from $44.00 to $40.00 and set an “outperform” rating for the company in a research note on Thursday, February 13th. One analyst has rated the stock with a sell rating, seven have given a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $38.00.

Sensata Technologies Stock Performance

NYSE ST opened at $18.68 on Friday. The firm has a market capitalization of $2.79 billion, a P/E ratio of 22.23, a price-to-earnings-growth ratio of 1.25 and a beta of 1.12. 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’s fifty day moving average price is $27.16 and its two-hundred day moving average price is $30.25. Sensata Technologies Holding plc has a 1 year low of $17.51 and a 1 year high of $43.14.

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 (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%. As a group, research analysts anticipate that Sensata Technologies Holding plc will post 3.21 EPS for the current year.

Sensata Technologies Announces Dividend

The firm also recently declared 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 2.57%. The ex-dividend date was Wednesday, February 12th. Sensata Technologies’s dividend payout ratio (DPR) is presently 57.14%.

Sensata Technologies Company 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.