David Stott Sells 6,335 Shares of Sensata Technologies (NYSE:ST) Stock

Sensata Technologies Holding N.V. (NYSE:ST) EVP David Stott sold 6,335 shares of Sensata Technologies stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $47.40, for a total transaction of $300,279.00. Following the sale, the executive vice president owned 39,687 shares in the company, valued at approximately $1,881,163.80. This trade represents a 13.77% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Sensata Technologies Price Performance

Shares of Sensata Technologies stock opened at $48.65 on Friday. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.95 and a current ratio of 2.75. The firm’s 50-day simple moving average is $39.86 and its 200-day simple moving average is $36.10. Sensata Technologies Holding N.V. has a twelve month low of $24.69 and a twelve month high of $49.36. The firm has a market cap of $7.08 billion, a P/E ratio of 156.95, a price-to-earnings-growth ratio of 1.40 and a beta of 1.21.

Sensata Technologies (NYSE:ST) last issued its earnings results on Tuesday, March 31st. The scientific and technical instruments company reported $0.86 earnings per share for the quarter. Sensata Technologies had a net margin of 1.28% and a return on equity of 18.23%. The business had revenue of $934.80 million for the quarter. As a group, research analysts expect that Sensata Technologies Holding N.V. will post 3.73 EPS for the current fiscal year.

Sensata Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, May 27th. Stockholders of record on Wednesday, May 13th will be given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 1.0%. The ex-dividend date is Wednesday, May 13th. Sensata Technologies’s payout ratio is 154.84%.

Hedge Funds Weigh In On Sensata Technologies

Several institutional investors have recently added to or reduced their stakes in the company. Fifth Third Bancorp lifted its holdings in Sensata Technologies by 1.0% during the 1st quarter. Fifth Third Bancorp now owns 27,782 shares of the scientific and technical instruments company’s stock valued at $978,000 after purchasing an additional 268 shares during the last quarter. UMB Bank n.a. lifted its holdings in Sensata Technologies by 20.5% during the 4th quarter. UMB Bank n.a. now owns 1,678 shares of the scientific and technical instruments company’s stock valued at $56,000 after purchasing an additional 286 shares during the last quarter. Assetmark Inc. lifted its holdings in Sensata Technologies by 6.6% during the 1st quarter. Assetmark Inc. now owns 4,860 shares of the scientific and technical instruments company’s stock valued at $171,000 after purchasing an additional 303 shares during the last quarter. Van Den Berg Management I Inc. raised its stake in shares of Sensata Technologies by 0.3% in the first quarter. Van Den Berg Management I Inc. now owns 128,294 shares of the scientific and technical instruments company’s stock worth $4,519,000 after acquiring an additional 329 shares during the last quarter. Finally, Root Financial Partners LLC raised its stake in shares of Sensata Technologies by 62.5% in the first quarter. Root Financial Partners LLC now owns 913 shares of the scientific and technical instruments company’s stock worth $32,000 after acquiring an additional 351 shares during the last quarter. 99.42% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

ST has been the topic of several recent research reports. Bank of America lifted their target price on shares of Sensata Technologies from $37.00 to $40.00 and gave the company a “neutral” rating in a research report on Friday, February 20th. Wells Fargo & Company lifted their price target on shares of Sensata Technologies from $37.00 to $42.00 and gave the company an “equal weight” rating in a report on Wednesday, April 29th. Wall Street Zen downgraded shares of Sensata Technologies from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 2nd. Robert W. Baird lifted their price target on shares of Sensata Technologies from $39.00 to $40.00 and gave the company a “neutral” rating in a report on Friday, February 20th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Sensata Technologies from $32.00 to $34.00 and gave the company an “underweight” rating in a report on Monday, February 23rd. Five investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $44.60.

Sensata Technologies Company Profile

Sensata Technologies Holdings N.V. is a global industrial technology company specializing in the design, development and manufacture of sensors and electrical protection solutions. The company’s product portfolio includes pressure, temperature, position, speed, current and magnetic sensors, as well as circuit breakers and other protection devices. Sensata’s offerings serve a wide array of end markets, with a particularly strong presence in automotive original equipment manufacturers (OEMs), industrial automation, heating, ventilation and air conditioning (HVAC), commercial aerospace and renewable energy sectors.

Headquartered in Attleboro, Massachusetts, Sensata operates a network of manufacturing and engineering facilities across North America, Europe, Asia Pacific and Latin America.