Sensata Technologies Holding plc (NYSE:ST) Shares Sold by Ingalls & Snyder LLC

Ingalls & Snyder LLC lessened its position in Sensata Technologies Holding plc (NYSE:ST) by 2.5% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 28,741 shares of the scientific and technical instruments company’s stock after selling 747 shares during the period. Ingalls & Snyder LLC’s holdings in Sensata Technologies were worth $1,031,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. GAMMA Investing LLC lifted its position in 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 purchasing an additional 774 shares during the period. Quarry LP lifted its holdings in shares of Sensata Technologies by 227.1% in the 2nd quarter. Quarry LP now owns 1,063 shares of the scientific and technical instruments company’s stock valued at $40,000 after buying an additional 738 shares during the period. First Horizon Advisors Inc. lifted its holdings in shares of Sensata Technologies by 57.9% in the 2nd quarter. First Horizon Advisors Inc. now owns 2,529 shares of the scientific and technical instruments company’s stock valued at $95,000 after buying an additional 927 shares during the period. Assetmark Inc. boosted its stake in shares of Sensata Technologies by 19.0% in the third 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 in the last quarter. Finally, nVerses Capital LLC acquired a new position in Sensata Technologies during the second quarter worth $131,000. Hedge funds and other institutional investors own 99.42% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have commented on ST. Robert W. Baird reduced their target price on Sensata Technologies from $40.00 to $36.00 and set a “neutral” rating for the company in a report on Tuesday, November 5th. Truist Financial decreased their price objective on shares of Sensata Technologies from $38.00 to $33.00 and set a “hold” rating on the stock in a report on Tuesday, November 5th. Stifel Nicolaus dropped their target price on shares of Sensata Technologies from $43.00 to $38.00 and set a “hold” rating for the company in a report on Tuesday, November 5th. UBS Group reduced their price target on shares of Sensata Technologies from $44.00 to $39.00 and set a “buy” rating for the company in a research report on Wednesday, November 6th. Finally, Evercore ISI lowered their price target on Sensata Technologies from $60.00 to $50.00 and set an “outperform” rating on the stock in a report on Tuesday, October 15th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $41.00.

Sensata Technologies Stock Down 0.7 %

Shares of NYSE:ST opened at $32.11 on Wednesday. The company has a market capitalization of $4.80 billion, a P/E ratio of -59.46, a P/E/G ratio of 0.94 and a beta of 1.22. The stock’s fifty day simple moving average is $34.03 and its 200-day simple moving average is $36.67. Sensata Technologies Holding plc has a 52-week low of $30.43 and a 52-week high of $43.14. The company has a quick ratio of 1.76, a current ratio of 2.60 and a debt-to-equity ratio of 1.08.

Sensata Technologies (NYSE:ST) last issued its quarterly earnings results on Monday, November 4th. The scientific and technical instruments company reported $0.86 EPS for the quarter, hitting analysts’ consensus estimates of $0.86. Sensata Technologies had a negative net margin of 1.98% and a positive return on equity of 17.68%. The business had revenue of $982.80 million during the quarter, compared to the consensus estimate of $983.93 million. During the same period in the previous year, the firm posted $0.91 earnings per share. The company’s quarterly revenue was down 1.8% compared to the same quarter last year. As a group, equities research analysts forecast that Sensata Technologies Holding plc will post 3.43 earnings per share for the current fiscal year.

Sensata Technologies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 13th were given a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.49%. The ex-dividend date was Wednesday, November 13th. Sensata Technologies’s dividend payout ratio is currently -88.89%.

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.