Shares of Sensata Technologies Holding plc (NYSE:ST – Get Rating) have received a consensus rating of “Moderate Buy” from the seventeen research firms that are covering the company, Marketbeat.com reports. Six research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $55.80.
ST has been the subject of a number of recent analyst reports. Jefferies Financial Group upgraded shares of Sensata Technologies from a “hold” rating to a “buy” rating and raised their price target for the stock from $43.00 to $54.00 in a report on Tuesday, November 22nd. Citigroup cut their price target on shares of Sensata Technologies from $45.00 to $42.00 and set a “neutral” rating for the company in a report on Wednesday, October 26th. StockNews.com initiated coverage on shares of Sensata Technologies in a report on Wednesday, October 12th. They set a “hold” rating for the company. Stifel Nicolaus cut their price target on shares of Sensata Technologies from $52.00 to $48.00 and set a “buy” rating for the company in a report on Monday, October 10th. Finally, JPMorgan Chase & Co. raised their price target on shares of Sensata Technologies from $42.00 to $47.00 and gave the stock a “neutral” rating in a report on Monday, October 10th.
Sensata Technologies Stock Down 1.4 %
Shares of NYSE ST opened at $44.59 on Tuesday. Sensata Technologies has a 12-month low of $36.64 and a 12-month high of $65.58. The stock has a market cap of $6.82 billion, a PE ratio of 22.63, a P/E/G ratio of 1.23 and a beta of 1.28. The company has a current ratio of 2.98, a quick ratio of 2.23 and a debt-to-equity ratio of 1.38. The company has a 50-day moving average of $41.42 and a 200-day moving average of $42.47.
Sensata Technologies Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 23rd. Shareholders of record on Wednesday, November 9th were given a $0.11 dividend. The ex-dividend date was Tuesday, November 8th. This represents a $0.44 annualized dividend and a yield of 0.99%. Sensata Technologies’ dividend payout ratio is presently 22.34%.
Insider Buying and Selling at Sensata Technologies
In other Sensata Technologies news, Director Martha N. Sullivan sold 198,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 8th. The shares were sold at an average price of $41.42, for a total value of $8,201,160.00. Following the completion of the transaction, the director now owns 201,268 shares of the company’s stock, valued at approximately $8,336,520.56. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 1.00% of the stock is currently owned by corporate insiders.
Institutional Investors Weigh In On Sensata Technologies
Several institutional investors have recently modified their holdings of the company. Artisan Partners Limited Partnership lifted its position in shares of Sensata Technologies by 1.7% during the 3rd quarter. Artisan Partners Limited Partnership now owns 17,324,713 shares of the scientific and technical instruments company’s stock worth $645,865,000 after purchasing an additional 285,459 shares during the last quarter. Vanguard Group Inc. lifted its position in shares of Sensata Technologies by 0.4% during the 3rd quarter. Vanguard Group Inc. now owns 14,299,681 shares of the scientific and technical instruments company’s stock worth $533,093,000 after purchasing an additional 56,641 shares during the last quarter. Select Equity Group LP lifted its position in shares of Sensata Technologies by 4.8% during the 1st quarter. Select Equity Group LP now owns 9,769,589 shares of the scientific and technical instruments company’s stock worth $496,784,000 after purchasing an additional 451,562 shares during the last quarter. FMR LLC lifted its position in shares of Sensata Technologies by 8.5% during the 2nd quarter. FMR LLC now owns 9,749,718 shares of the scientific and technical instruments company’s stock worth $402,761,000 after purchasing an additional 765,801 shares during the last quarter. Finally, Franklin Resources Inc. lifted its position in shares of Sensata Technologies by 9.2% during the 2nd quarter. Franklin Resources Inc. now owns 5,649,340 shares of the scientific and technical instruments company’s stock worth $233,374,000 after purchasing an additional 476,320 shares during the last quarter. 98.58% of the stock is owned by hedge funds and other institutional investors.
Sensata Technologies Company Profile
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Sensata Technologies Holding plc develops, manufactures, and sells sensors, sensor-based solutions, controls, and other products in the Americas, Europe, Asia, and internationally. It operates in two segments, Performance Sensing and Sensing Solutions. The Performance Sensing segment develops and manufactures sensors, high-voltage contactors, and other solutions used in mission-critical systems and applications, such as tire pressure monitoring, thermal management, electrical protection, regenerative braking, powertrain (engine/transmission), and exhaust management.
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