Charles Schwab Investment Management Inc. Has $29.06 Million Stock Position in Sensata Technologies Holding plc (NYSE:ST)

Charles Schwab Investment Management Inc. increased its holdings in shares of Sensata Technologies Holding plc (NYSE:ST) by 1.8% during the fourth quarter, Holdings Channel reports. The fund owned 1,060,537 shares of the scientific and technical instruments company’s stock after acquiring an additional 19,233 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in Sensata Technologies were worth $29,059,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Blue Trust Inc. lifted its position in shares of Sensata Technologies by 738.7% during the 4th quarter. Blue Trust Inc. now owns 931 shares of the scientific and technical instruments company’s stock valued at $26,000 after acquiring an additional 820 shares during the period. Venturi Wealth Management LLC lifted its position in shares of Sensata Technologies by 67.6% during the 4th quarter. Venturi Wealth Management LLC now owns 2,026 shares of the scientific and technical instruments company’s stock valued at $56,000 after acquiring an additional 817 shares during the period. Quarry LP lifted its position in shares of Sensata Technologies by 61.2% during the 3rd quarter. Quarry LP now owns 1,714 shares of the scientific and technical instruments company’s stock valued at $61,000 after acquiring an additional 651 shares during the period. Parkside Financial Bank & Trust raised its holdings in shares of Sensata Technologies by 48.2% during the 4th quarter. Parkside Financial Bank & Trust now owns 2,523 shares of the scientific and technical instruments company’s stock worth $69,000 after buying an additional 820 shares in the last quarter. Finally, Assetmark Inc. raised its holdings in shares of Sensata Technologies by 19.0% during the 3rd quarter. Assetmark Inc. now owns 2,602 shares of the scientific and technical instruments company’s stock worth $93,000 after buying an additional 416 shares in the last quarter. 99.42% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several brokerages have recently weighed in on ST. Evercore ISI decreased their price target on Sensata Technologies from $43.00 to $40.00 and set an “outperform” rating for the company in a research note on Friday, January 17th. The Goldman Sachs Group cut their price target on Sensata Technologies from $36.00 to $32.00 and set a “neutral” rating on the stock in a report on Thursday, January 16th. Oppenheimer decreased their price target on Sensata Technologies from $44.00 to $40.00 and set an “outperform” rating for the company in a research report on Thursday, February 13th. Finally, UBS Group decreased their target price 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. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $39.08.

Sensata Technologies Stock Up 2.2 %

ST opened at $27.77 on Tuesday. The company has a market cap of $4.15 billion, a P/E ratio of 33.05, a P/E/G ratio of 1.25 and a beta of 1.20. The business’s 50-day moving average price is $27.92 and its 200-day moving average price is $31.22. The company has a current ratio of 2.85, a quick ratio of 1.99 and a debt-to-equity ratio of 1.11. Sensata Technologies Holding plc has a 12 month low of $24.91 and a 12 month high of $43.14.

Sensata Technologies (NYSE:ST) last announced its quarterly earnings results on Tuesday, February 11th. The scientific and technical instruments company reported $0.76 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.76. Sensata Technologies had a return on equity of 17.54% and a net margin of 3.27%. On average, equities analysts expect that Sensata Technologies Holding plc will post 3.21 EPS for the current year.

Sensata Technologies Announces Dividend

The firm also recently declared 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 of this dividend was Wednesday, February 12th. This represents a $0.48 dividend on an annualized basis and a yield of 1.73%. Sensata Technologies’s dividend payout ratio is presently 57.14%.

Sensata Technologies 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.