Wellington Management Group LLP trimmed its position in shares of Sensata Technologies Holding N.V. (NYSE:ST – Free Report) by 46.8% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 487,449 shares of the scientific and technical instruments company’s stock after selling 428,576 shares during the period. Wellington Management Group LLP owned 0.33% of Sensata Technologies worth $23,271,000 at the end of the most recent reporting period.
Other large investors also recently added to or reduced their stakes in the company. Fifth Third Bancorp raised its position in Sensata Technologies by 1.0% during the first quarter. Fifth Third Bancorp now owns 27,782 shares of the scientific and technical instruments company’s stock valued at $978,000 after buying an additional 268 shares during the period. UMB Bank n.a. boosted its position 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 worth $56,000 after acquiring an additional 286 shares during the period. Assetmark Inc. boosted its position 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 worth $171,000 after acquiring an additional 303 shares during the period. Van Den Berg Management I Inc. grew its stake in Sensata Technologies by 0.3% during the 1st quarter. Van Den Berg Management I Inc. now owns 128,294 shares of the scientific and technical instruments company’s stock valued at $4,519,000 after acquiring an additional 329 shares in the last quarter. Finally, Root Financial Partners LLC grew its stake in 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 valued at $32,000 after acquiring an additional 351 shares in the last quarter. 99.42% of the stock is owned by institutional investors and hedge funds.
Sensata Technologies Trading Up 2.5%
Shares of NYSE:ST opened at $43.07 on Friday. The stock has a market capitalization of $6.27 billion, a PE ratio of 71.78, a P/E/G ratio of 1.29 and a beta of 1.25. Sensata Technologies Holding N.V. has a 1 year low of $28.16 and a 1 year high of $53.89. The firm has a fifty day moving average price of $44.88 and a 200 day moving average price of $42.93. 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 Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 26th. Investors of record on Wednesday, August 12th were 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 was Wednesday, August 12th. Sensata Technologies’s dividend payout ratio (DPR) is presently 80.00%.
Analysts Set New Price Targets
A number of research firms have recently issued reports on ST. Wells Fargo & Company increased their price target on shares of Sensata Technologies from $48.00 to $49.00 and gave the stock an “equal weight” rating in a research report on Thursday, June 25th. Oppenheimer upped their price objective on shares of Sensata Technologies from $55.00 to $58.00 and gave the company an “outperform” rating in a research note on Friday, July 31st. Weiss Ratings lowered shares of Sensata Technologies from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, July 30th. Barclays boosted their price target on shares of Sensata Technologies from $53.00 to $55.00 and gave the company an “equal weight” rating in a report on Monday, August 3rd. Finally, Truist Financial raised shares of Sensata Technologies from a “hold” rating to a “buy” rating and upped their price target for the stock from $43.00 to $58.00 in a research note on Wednesday, May 13th. Four investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $49.10.
View Our Latest Analysis on Sensata Technologies
Sensata Technologies 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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