Andrew C. Teich Purchases 9,925 Shares of Sensata Technologies Holding plc (NYSE:ST) Stock

Sensata Technologies Holding plc (NYSE:ST) Director Andrew C. Teich acquired 9,925 shares of the business’s stock in a transaction on Friday, May 23rd. The shares were bought at an average cost of $25.19 per share, with a total value of $250,010.75. Following the completion of the acquisition, the director now owns 41,117 shares in the company, valued at approximately $1,035,737.23. This represents a 31.82% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Sensata Technologies Stock Down 2.9%

NYSE ST opened at $26.09 on Friday. The company has a quick ratio of 1.99, a current ratio of 2.85 and a debt-to-equity ratio of 1.11. The company has a fifty day moving average of $22.89 and a two-hundred day moving average of $26.75. The firm has a market capitalization of $3.82 billion, a price-to-earnings ratio of 31.06, a PEG ratio of 1.25 and a beta of 1.02. Sensata Technologies Holding plc has a 52 week low of $17.32 and a 52 week high of $42.33.

Sensata Technologies (NYSE:ST) last posted its quarterly earnings data on Thursday, May 8th. The scientific and technical instruments company reported $0.78 EPS for the quarter, topping the consensus estimate of $0.72 by $0.06. The company had revenue of $911.26 million during the quarter, compared to analyst estimates of $878.39 million. Sensata Technologies had a net margin of 3.27% and a return on equity of 17.54%. Sensata Technologies’s quarterly revenue was down 9.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.89 earnings per share. On average, analysts predict that Sensata Technologies Holding plc will post 3.21 earnings per share for the current year.

Sensata Technologies Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, May 28th. Stockholders of record on Wednesday, May 14th were paid a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.84%. The ex-dividend date was Wednesday, May 14th. Sensata Technologies’s dividend payout ratio is currently 59.26%.

Wall Street Analysts Forecast Growth

ST has been the subject of a number of research analyst reports. Wall Street Zen raised shares of Sensata Technologies from a “hold” rating to a “buy” rating in a report on Saturday, May 24th. Evercore ISI lowered shares of 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 report on Thursday, April 3rd. Wells Fargo & Company boosted their price target on shares of Sensata Technologies from $23.00 to $26.00 and gave the stock an “equal weight” rating in a research report on Monday, May 19th. Oppenheimer reduced 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 report on Thursday, February 13th. Finally, The Goldman Sachs Group boosted their price target on shares of Sensata Technologies from $27.00 to $30.00 and gave the stock a “buy” rating in a research report on Friday, May 9th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $34.08.

Institutional Trading of Sensata Technologies

A number of large investors have recently made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Sensata Technologies by 61.4% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 1,036 shares of the scientific and technical instruments company’s stock valued at $25,000 after purchasing an additional 394 shares during the period. Arizona State Retirement System boosted its stake in shares of Sensata Technologies by 0.9% during the fourth quarter. Arizona State Retirement System now owns 43,810 shares of the scientific and technical instruments company’s stock valued at $1,200,000 after purchasing an additional 405 shares during the period. Treasurer of the State of North Carolina boosted its stake in shares of Sensata Technologies by 0.6% during the fourth quarter. Treasurer of the State of North Carolina now owns 65,706 shares of the scientific and technical instruments company’s stock valued at $1,800,000 after purchasing an additional 420 shares during the period. Alps Advisors Inc. boosted its stake in shares of Sensata Technologies by 1.8% during the first quarter. Alps Advisors Inc. now owns 31,389 shares of the scientific and technical instruments company’s stock valued at $762,000 after purchasing an additional 566 shares during the period. Finally, Cullen Capital Management LLC boosted its stake in shares of Sensata Technologies by 1.9% during the fourth quarter. Cullen Capital Management LLC now owns 31,111 shares of the scientific and technical instruments company’s stock valued at $852,000 after purchasing an additional 590 shares during the period. 99.42% of the stock is owned by hedge funds and other institutional investors.

About Sensata Technologies

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.