232,051 Shares in Sensata Technologies Holding N.V. $ST Bought by SummitTX Capital L.P.

SummitTX Capital L.P. purchased a new position in Sensata Technologies Holding N.V. (NYSE:ST) in the first quarter, Holdings Channel.com reports. The firm purchased 232,051 shares of the scientific and technical instruments company’s stock, valued at approximately $8,173,000.

A number of other institutional investors and hedge funds have also bought and sold shares of ST. Woodline Partners LP lifted its position in shares of Sensata Technologies by 165.4% in the third quarter. Woodline Partners LP now owns 4,975,745 shares of the scientific and technical instruments company’s stock valued at $152,009,000 after acquiring an additional 3,100,927 shares in the last quarter. Pzena Investment Management LLC grew its position in shares of Sensata Technologies by 380.4% during the fourth quarter. Pzena Investment Management LLC now owns 3,509,416 shares of the scientific and technical instruments company’s stock worth $116,828,000 after purchasing an additional 2,778,918 shares in the last quarter. Norges Bank purchased a new stake in shares of Sensata Technologies during the fourth quarter worth about $62,966,000. Barrow Hanley Mewhinney & Strauss LLC grew its position in shares of Sensata Technologies by 28.7% during the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 4,313,603 shares of the scientific and technical instruments company’s stock worth $143,600,000 after purchasing an additional 961,457 shares in the last quarter. Finally, First Trust Advisors LP bought a new stake in Sensata Technologies during the 2nd quarter valued at approximately $21,786,000. 99.42% of the stock is owned by institutional investors.

Insider Buying and Selling at Sensata Technologies

In other news, EVP David K. Stott sold 6,335 shares of the business’s stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $47.40, for a total value of $300,279.00. Following the sale, the executive vice president directly owned 39,687 shares in the company, valued at $1,881,163.80. The trade was a 13.77% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.65% of the stock is currently owned by company insiders.

Sensata Technologies Stock Down 0.2%

NYSE ST opened at $45.62 on Monday. The stock has a 50 day moving average price of $47.98 and a 200-day moving average price of $41.05. Sensata Technologies Holding N.V. has a one year low of $28.16 and a one year high of $53.89. 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 company has a market capitalization of $6.63 billion, a P/E ratio of 147.17, a P/E/G ratio of 1.31 and a beta of 1.27.

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

Sensata Technologies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 26th. Shareholders of record on Wednesday, August 12th will be paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend is Wednesday, August 12th. Sensata Technologies’s dividend payout ratio (DPR) is presently 154.84%.

Analysts Set New Price Targets

ST has been the topic of a number of research analyst reports. Bank of America boosted their price target on Sensata Technologies from $46.00 to $48.00 and gave the stock a “neutral” rating in a report on Thursday, July 9th. Wall Street Zen cut shares of Sensata Technologies from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 2nd. Wells Fargo & Company lifted their price target on shares of Sensata Technologies from $48.00 to $49.00 and gave the company an “equal weight” rating in a report on Thursday, June 25th. The Goldman Sachs Group boosted their price target on shares of Sensata Technologies from $48.00 to $60.00 and gave the stock a “buy” rating in a research note on Tuesday, May 26th. Finally, Oppenheimer increased their price objective on shares of Sensata Technologies from $50.00 to $55.00 and gave the company an “outperform” rating in a report on Wednesday, April 29th. Four analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Sensata Technologies has an average rating of “Hold” and an average price target of $48.60.

About Sensata Technologies

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.