Teacher Retirement System of Texas purchased a new position in shares of Sensata Technologies Holding (NYSE:ST) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 61,500 shares of the scientific and technical instruments company’s stock, valued at approximately $3,143,000.
Other large investors also recently made changes to their positions in the company. Skba Capital Management LLC purchased a new position in Sensata Technologies during the 3rd quarter worth $201,000. BB&T Corp purchased a new position in Sensata Technologies during the 4th quarter worth $215,000. Saturna Capital CORP purchased a new position in Sensata Technologies during the 3rd quarter worth $249,000. BT Investment Management Ltd purchased a new position in Sensata Technologies during the 3rd quarter worth $264,000. Finally, Greenwood Capital Associates LLC purchased a new position in Sensata Technologies during the 4th quarter worth $285,000.
Shares of Sensata Technologies Holding (NYSE ST) opened at $53.86 on Tuesday. The firm has a market cap of $9,232.23, a PE ratio of 16.83, a PEG ratio of 1.47 and a beta of 1.52. The company has a quick ratio of 2.23, a current ratio of 2.94 and a debt-to-equity ratio of 1.39. Sensata Technologies Holding has a fifty-two week low of $38.71 and a fifty-two week high of $57.40.
Sensata Technologies (NYSE:ST) last issued its earnings results on Thursday, February 1st. The scientific and technical instruments company reported $0.87 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.85 by $0.02. The business had revenue of $840.53 million for the quarter, compared to the consensus estimate of $822.31 million. Sensata Technologies had a net margin of 12.35% and a return on equity of 25.40%. The business’s quarterly revenue was up 6.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.76 earnings per share. sell-side analysts expect that Sensata Technologies Holding will post 3.65 EPS for the current year.
In other news, EVP Steven Beringhause sold 7,588 shares of Sensata Technologies stock in a transaction dated Wednesday, December 13th. The shares were sold at an average price of $51.18, for a total value of $388,353.84. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. 1.00% of the stock is owned by insiders.
Several research analysts have issued reports on ST shares. Citigroup raised their price objective on shares of Sensata Technologies from $49.00 to $55.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 25th. SunTrust Banks downgraded shares of Sensata Technologies from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. Zacks Investment Research downgraded shares of Sensata Technologies from a “buy” rating to a “hold” rating and set a $58.00 price objective on the stock. in a research report on Friday, January 5th. JPMorgan Chase & Co. set a $60.00 price objective on shares of Sensata Technologies and gave the stock a “buy” rating in a research report on Wednesday, December 13th. Finally, Bank of America reissued a “buy” rating and set a $60.00 price objective (up from $55.00) on shares of Sensata Technologies in a research report on Thursday, December 14th. Seven research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of $57.00.
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Sensata Technologies Profile
Sensata Technologies Holding N.V. is an industrial technology company. The Company is engaged in the development, manufacture, and sale of sensors and controls. The Company operates through two segments: Performance Sensing and Sensing Solutions. It produces a range of sensors and controls for applications, such as pressure sensors in automotive systems, thermal circuit breakers in aircraft, and bimetal current and temperature control devices.
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