Sensata Technologies Holding plc (NYSE:ST) Shares Purchased by Hanson & Doremus Investment Management

Hanson & Doremus Investment Management grew its position in shares of Sensata Technologies Holding plc (NYSE:ST) by 4.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 15,669 shares of the scientific and technical instruments company’s stock after acquiring an additional 696 shares during the quarter. Hanson & Doremus Investment Management’s holdings in Sensata Technologies were worth $429,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of ST. Janus Henderson Group PLC boosted its position in Sensata Technologies by 0.5% during the 3rd quarter. Janus Henderson Group PLC now owns 9,722,999 shares of the scientific and technical instruments company’s stock worth $348,666,000 after acquiring an additional 45,513 shares during the period. State Street Corp lifted its holdings in 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 purchasing an additional 23,946 shares during the period. FMR LLC grew its position in Sensata Technologies by 18.9% in the 3rd quarter. FMR LLC now owns 3,895,776 shares of the scientific and technical instruments company’s stock valued at $139,703,000 after buying an additional 618,202 shares in the last quarter. Massachusetts Financial Services Co. MA raised its position in shares of Sensata Technologies by 0.4% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 2,721,353 shares of the scientific and technical instruments company’s stock worth $97,588,000 after buying an additional 11,798 shares in the last quarter. Finally, Geode Capital Management LLC lifted its stake in shares of Sensata Technologies by 1.0% in the 3rd quarter. Geode Capital Management LLC now owns 2,520,062 shares of the scientific and technical instruments company’s stock worth $90,393,000 after acquiring an additional 24,707 shares during the period. Institutional investors own 99.42% of the company’s stock.

Analyst Ratings Changes

ST has been the topic of a number of research analyst reports. Truist Financial lowered their price objective on shares of Sensata Technologies from $38.00 to $33.00 and set a “hold” rating on the stock in a research note on Tuesday, November 5th. JPMorgan Chase & Co. dropped their price objective on Sensata Technologies from $34.00 to $32.00 and set an “underweight” rating on the stock in a research note on Tuesday, November 5th. Evercore ISI decreased their target price 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. Robert W. Baird dropped their price target on shares of Sensata Technologies from $40.00 to $36.00 and set a “neutral” rating on the stock in a research report on Tuesday, November 5th. Finally, The Goldman Sachs Group reduced their price objective on shares of Sensata Technologies from $36.00 to $32.00 and set a “neutral” rating for the company in a research report on Thursday, January 16th. 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 company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $39.58.

Sensata Technologies Trading Down 1.5 %

ST opened at $27.57 on Thursday. The stock has a fifty day moving average of $29.27 and a 200-day moving average of $33.61. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.76 and a current ratio of 2.60. Sensata Technologies Holding plc has a 12-month low of $26.65 and a 12-month high of $43.14.

Sensata Technologies (NYSE:ST) last announced its quarterly earnings data on Monday, November 4th. The scientific and technical instruments company reported $0.86 EPS for the quarter, hitting analysts’ consensus estimates of $0.86. The firm had revenue of $982.80 million during the quarter, compared to analyst estimates of $983.93 million. Sensata Technologies had a positive return on equity of 17.68% and a negative net margin of 1.98%. The business’s quarterly revenue was down 1.8% compared to the same quarter last year. During the same period last year, the company posted $0.91 EPS. As a group, research analysts predict that Sensata Technologies Holding plc will post 3.44 EPS for the current year.

Sensata Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 26th. Shareholders of record on Wednesday, February 12th will be paid a $0.12 dividend. The ex-dividend date is Wednesday, February 12th. This represents a $0.48 annualized dividend and a yield of 1.74%. Sensata Technologies’s dividend payout ratio is presently -88.89%.

About Sensata Technologies

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.