Sensata Technologies (NYSE:ST) Price Target Raised to $55.00

Sensata Technologies (NYSE:ST) had its target price increased by Barclays from $53.00 to $55.00 in a research note published on Monday morning,Benzinga reports. Barclays currently has an equal weight rating on the scientific and technical instruments company’s stock.

ST has been the subject of a number of other research reports. The Goldman Sachs Group increased their price objective on Sensata Technologies from $48.00 to $60.00 and gave the company a “buy” rating in a research note on Tuesday, May 26th. Oppenheimer lifted their target price on shares of Sensata Technologies from $55.00 to $58.00 and gave the stock an “outperform” rating in a research note on Friday, July 31st. UBS Group reiterated a “buy” rating and set a $57.00 price target on shares of Sensata Technologies in a report on Tuesday, June 2nd. Wells Fargo & Company increased their price target on shares of Sensata Technologies from $48.00 to $49.00 and gave the company an “equal weight” rating in a research report on Thursday, June 25th. Finally, Bank of America raised their price target on shares of Sensata Technologies from $46.00 to $48.00 and gave the stock a “neutral” rating in a report on Thursday, July 9th. Four analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $49.10.

Sensata Technologies Trading Down 2.1%

NYSE ST opened at $47.63 on Monday. The firm has a market cap of $6.93 billion, a PE ratio of 79.39, a price-to-earnings-growth ratio of 1.46 and a beta of 1.27. Sensata Technologies has a 1-year low of $28.16 and a 1-year high of $53.89. The stock has a 50-day moving average of $47.76 and a 200-day moving average of $41.72. The company has a current ratio of 2.29, a quick ratio of 1.58 and a debt-to-equity ratio of 0.83.

Sensata Technologies (NYSE:ST) last posted its quarterly earnings results on Wednesday, July 29th. The scientific and technical instruments company reported $0.98 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.93 by $0.05. The business had revenue of $990.60 million for the quarter, compared to analyst estimates of $970.39 million. Sensata Technologies had a return on equity of 18.68% and a net margin of 2.37%.Sensata Technologies’s revenue for the quarter was up 5.0% compared to the same quarter last year. During the same period last year, the company earned $0.87 EPS. Sensata Technologies has set its Q3 2026 guidance at 0.930-0.970 EPS. As a group, sell-side analysts forecast that Sensata Technologies will post 3.77 EPS for the current year.

Sensata Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, August 26th. Investors of record on Wednesday, August 12th will be issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date is Wednesday, August 12th. Sensata Technologies’s dividend payout ratio is currently 80.00%.

Insider Buying and Selling

In related news, EVP David K. Stott sold 6,335 shares of the firm’s stock in a transaction 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 completion of the sale, the executive vice president owned 39,687 shares of the company’s stock, valued at $1,881,163.80. This trade represents a 13.77% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.65% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in ST. Woodline Partners LP boosted its stake in shares of Sensata Technologies by 165.4% during the 3rd 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 purchasing an additional 3,100,927 shares in the last quarter. Pzena Investment Management LLC raised its stake in Sensata Technologies by 380.4% in 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 buying an additional 2,778,918 shares in the last quarter. Norges Bank purchased a new stake in Sensata Technologies in the fourth quarter worth about $62,966,000. Barrow Hanley Mewhinney & Strauss LLC lifted its holdings in Sensata Technologies by 28.7% in 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 buying an additional 961,457 shares during the period. Finally, Quantinno Capital Management LP boosted its position in Sensata Technologies by 45.5% during the 1st quarter. Quantinno Capital Management LP now owns 2,402,063 shares of the scientific and technical instruments company’s stock valued at $84,601,000 after acquiring an additional 750,646 shares in the last quarter. 99.42% of the stock is currently owned by institutional investors.

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.