Sensata Technologies Holding N.V. (NYSE:ST – Get Free Report) has earned an average rating of “Hold” from the eleven research firms that are covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $47.70.
A number of research analysts have weighed in on the company. Barclays downgraded Sensata Technologies from an “overweight” rating to an “equal weight” rating and raised their price target for the company from $49.00 to $53.00 in a research note on Friday, May 29th. Wells Fargo & Company raised their price target on Sensata Technologies from $42.00 to $48.00 and gave the company an “equal weight” rating in a research note on Tuesday, June 2nd. Robert W. Baird raised their price target on Sensata Technologies from $39.00 to $40.00 and gave the company a “neutral” rating in a research note on Friday, February 20th. The Goldman Sachs Group raised their price target on Sensata Technologies from $48.00 to $60.00 and gave the company a “buy” rating in a research note on Tuesday, May 26th. Finally, Wall Street Zen downgraded shares of Sensata Technologies from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 2nd.
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Sensata Technologies Stock Up 0.0%
Sensata Technologies (NYSE:ST – Get Free Report) last released its earnings results on Tuesday, March 31st. The scientific and technical instruments company reported $0.86 earnings per share for the quarter. The business had revenue of $934.80 million during the quarter. Sensata Technologies had a net margin of 1.28% and a return on equity of 18.23%. Research analysts anticipate that Sensata Technologies will post 3.73 earnings per share for the current fiscal year.
Sensata Technologies Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, May 27th. Stockholders of record on Wednesday, May 13th were given a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend was Wednesday, May 13th. Sensata Technologies’s dividend payout ratio (DPR) is 154.84%.
Insider Transactions at Sensata Technologies
In other news, EVP Lynne J. Caljouw sold 2,913 shares of Sensata Technologies stock in a transaction that occurred on Tuesday, April 7th. The stock was sold at an average price of $34.71, for a total transaction of $101,110.23. Following the completion of the transaction, the executive vice president directly owned 72,842 shares in the company, valued at approximately $2,528,345.82. The trade was a 3.85% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP David K. Stott sold 6,335 shares of Sensata Technologies stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $47.40, for a total value of $300,279.00. Following the transaction, the executive vice president owned 39,687 shares of the company’s stock, valued at $1,881,163.80. This represents a 13.77% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 11,728 shares of company stock valued at $486,949. Insiders own 0.65% of the company’s stock.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently made changes to their positions in the business. Smartleaf Asset Management LLC boosted its stake in shares of Sensata Technologies by 659.7% during the 3rd quarter. Smartleaf Asset Management LLC now owns 904 shares of the scientific and technical instruments company’s stock worth $27,000 after acquiring an additional 785 shares during the period. CIBC Private Wealth Group LLC boosted its holdings in shares of Sensata Technologies by 700.0% during the 4th quarter. CIBC Private Wealth Group LLC now owns 832 shares of the scientific and technical instruments company’s stock worth $28,000 after buying an additional 728 shares during the period. Root Financial Partners LLC boosted its holdings in shares of Sensata Technologies by 62.5% during the 1st quarter. Root Financial Partners LLC now owns 913 shares of the scientific and technical instruments company’s stock worth $32,000 after buying an additional 351 shares during the period. EFG International AG bought a new stake in shares of Sensata Technologies during the 4th quarter worth about $33,000. Finally, EverSource Wealth Advisors LLC boosted its holdings in shares of Sensata Technologies by 244.4% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,178 shares of the scientific and technical instruments company’s stock worth $35,000 after buying an additional 836 shares during the period. 99.42% of the stock is currently owned by institutional investors.
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.
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