Sensata Technologies Holding plc (NYSE:ST) Receives $38.00 Consensus Target Price from Brokerages

Sensata Technologies Holding plc (NYSE:ST) has been given a consensus recommendation of “Hold” by the twelve brokerages that are presently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell rating, seven have issued a hold rating and four have issued a buy rating on the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is $38.00.

A number of analysts have weighed in on the stock. Evercore ISI downgraded shares of Sensata Technologies from an “outperform” rating to an “inline” rating and reduced their price target for the company from $40.00 to $27.00 in a report on Thursday. Oppenheimer reduced their target price on shares of Sensata Technologies from $44.00 to $40.00 and set an “outperform” rating for the company in a research note on Thursday, February 13th. The Goldman Sachs Group lowered their price target on Sensata Technologies from $36.00 to $32.00 and set a “neutral” rating on the stock in a research note on Thursday, January 16th. Finally, UBS Group reduced their price objective on Sensata Technologies from $38.00 to $37.00 and set a “buy” rating for the company in a research report on Wednesday, February 12th.

Institutional Trading of Sensata Technologies

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ST. Janus Henderson Group PLC boosted its holdings in shares of Sensata Technologies by 0.5% in the fourth quarter. Janus Henderson Group PLC now owns 9,767,232 shares of the scientific and technical instruments company’s stock worth $267,621,000 after acquiring an additional 44,233 shares during the period. Price T Rowe Associates Inc. MD grew its position in Sensata Technologies by 36.4% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 7,821,428 shares of the scientific and technical instruments company’s stock valued at $214,308,000 after acquiring an additional 2,088,161 shares during the last quarter. Boston Partners lifted its stake in Sensata Technologies by 11.6% in the fourth quarter. Boston Partners now owns 6,526,941 shares of the scientific and technical instruments company’s stock worth $179,087,000 after purchasing an additional 677,316 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in Sensata Technologies by 12.6% during the 4th quarter. Dimensional Fund Advisors LP now owns 5,808,186 shares of the scientific and technical instruments company’s stock valued at $159,143,000 after acquiring an additional 648,028 shares during the period. Finally, State Street Corp increased its stake in shares of Sensata Technologies by 0.4% in the third quarter. State Street Corp now owns 5,470,903 shares of the scientific and technical instruments company’s stock worth $196,187,000 after buying an additional 23,946 shares during the period. 99.42% of the stock is owned by institutional investors.

Sensata Technologies Price Performance

NYSE ST opened at $18.68 on Friday. The stock has a 50-day simple moving average of $27.16 and a 200 day simple moving average of $30.21. Sensata Technologies has a twelve month low of $17.51 and a twelve month high of $43.14. The stock has a market capitalization of $2.79 billion, a PE ratio of 22.23, a P/E/G ratio of 1.25 and a beta of 1.12. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.99 and a current ratio of 2.85.

Sensata Technologies (NYSE:ST) last issued its quarterly earnings results on Tuesday, February 11th. The scientific and technical instruments company reported $0.76 EPS for the quarter, hitting analysts’ consensus estimates of $0.76. Sensata Technologies had a return on equity of 17.54% and a net margin of 3.27%. Research analysts anticipate that Sensata Technologies will post 3.21 EPS for the current year.

Sensata Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 26th. Investors of record on Wednesday, February 12th were issued a dividend of $0.12 per share. The ex-dividend date was Wednesday, February 12th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 2.57%. Sensata Technologies’s payout ratio is 57.14%.

Sensata Technologies Company Profile

Sensata Technologies Holding plc develops, manufactures, and sells sensors and sensor-rich solutions, electrical protection components and systems, and other products used in mission-critical systems and applications in the United States and internationally. It operates in two segments, Performance Sensing and Sensing Solutions.