Sensata Technologies (NYSE:ST – Get Free Report) had its price target decreased by stock analysts at UBS Group from $57.00 to $54.00 in a note issued to investors on Wednesday, Benzinga reports. The firm presently has a “buy” rating on the scientific and technical instruments company’s stock. UBS Group’s price target would indicate a potential upside of 27.64% from the stock’s previous close.
Several other equities analysts have also weighed in on ST. Bank of America increased their price objective on shares of Sensata Technologies from $46.00 to $48.00 and gave the company a “neutral” rating in a research report on Thursday, July 9th. 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 research report on Thursday, June 25th. Wall Street Zen cut shares of Sensata Technologies from a “strong-buy” rating to a “buy” rating in a research report on Sunday, September 20th. Weiss Ratings downgraded shares of Sensata Technologies from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, July 30th. Finally, Oppenheimer boosted their target price on Sensata Technologies from $55.00 to $58.00 and gave the stock an “outperform” rating in a research note on Friday, July 31st. Four equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Sensata Technologies currently has a consensus rating of “Hold” and a consensus target price of $48.80.
Check Out Our Latest Stock Analysis on Sensata Technologies
Sensata Technologies Stock Down 3.7%
Sensata Technologies (NYSE:ST – Get Free Report) last released its earnings results on Wednesday, July 29th. The scientific and technical instruments company reported $0.98 earnings per share for the quarter, beating analysts’ consensus estimates of $0.93 by $0.05. Sensata Technologies had a net margin of 2.37% and a return on equity of 18.68%. The business had revenue of $990.60 million during the quarter, compared to the consensus estimate of $970.39 million. During the same quarter last year, the firm earned $0.87 earnings per share. The firm’s revenue for the quarter was up 5.0% compared to the same quarter last year. Sensata Technologies has set its Q3 2026 guidance at 0.930-0.970 EPS. On average, equities research analysts expect that Sensata Technologies will post 3.77 earnings per share for the current year.
Institutional Investors Weigh In On Sensata Technologies
Several hedge funds and other institutional investors have recently made changes to their positions in ST. Envestnet Portfolio Solutions Inc. raised its position in Sensata Technologies by 1.3% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 42,515 shares of the scientific and technical instruments company’s stock valued at $2,030,000 after buying an additional 530 shares during the last quarter. Engineers Gate Manager LP purchased a new position in Sensata Technologies in the second quarter valued at about $4,133,000. Integrated Wealth Concepts LLC purchased a new position in Sensata Technologies in the second quarter valued at approximately $168,000. Squarepoint Ops LLC lifted its position in shares of Sensata Technologies by 1,897.5% during the 2nd quarter. Squarepoint Ops LLC now owns 258,411 shares of the scientific and technical instruments company’s stock valued at $12,337,000 after buying an additional 245,474 shares during the last quarter. Finally, Parkside Financial Bank & Trust lifted its holdings in Sensata Technologies by 17.2% during the second quarter. Parkside Financial Bank & Trust now owns 4,314 shares of the scientific and technical instruments company’s stock valued at $206,000 after purchasing an additional 632 shares during the last quarter. 99.42% of the stock is owned by institutional investors.
About Sensata Technologies
Sensata Technologies Holding plc (NYSE: ST) is an industrial technology company that develops and manufactures sensors, electrical protection components and control systems. Its products are designed to measure and manage conditions such as pressure, temperature, position, speed, force, current and fluid levels, helping equipment operate safely and efficiently.
The company serves a range of end markets, including automotive, commercial and off-highway vehicles, aerospace, industrial equipment, heating and air-conditioning systems, and energy management.
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