Sensata Technologies Holding plc (ST) To Go Ex-Dividend on February 12th

Sensata Technologies Holding plc (NYSE:ST) announced a quarterly dividend on Friday, January 24th,RTT News reports. Investors of record on Wednesday, February 12th will be paid a dividend of 0.12 per share by the scientific and technical instruments company on Wednesday, February 26th. This represents a $0.48 dividend on an annualized basis and a yield of 1.86%. The ex-dividend date is Wednesday, February 12th.

Sensata Technologies has a payout ratio of 13.0% meaning its dividend is sufficiently covered by earnings. Analysts expect Sensata Technologies to earn $3.30 per share next year, which means the company should continue to be able to cover its $0.48 annual dividend with an expected future payout ratio of 14.5%.

Sensata Technologies Stock Up 1.4 %

ST opened at $25.85 on Monday. The company has a quick ratio of 1.76, a current ratio of 2.60 and a debt-to-equity ratio of 1.08. Sensata Technologies has a 12-month low of $24.91 and a 12-month high of $43.14. The firm’s fifty day moving average price is $28.36 and its 200 day moving average price is $32.87.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on ST. Oppenheimer decreased their target price on Sensata Technologies from $47.00 to $44.00 and set an “outperform” rating for the company in a research report on Tuesday, November 5th. Stifel Nicolaus reduced their price target on shares of Sensata Technologies from $43.00 to $38.00 and set a “hold” rating for the company in a research report on Tuesday, November 5th. Evercore ISI lowered their price objective on shares of Sensata Technologies from $43.00 to $40.00 and set an “outperform” rating on the stock in a research report on Friday, January 17th. JPMorgan Chase & Co. decreased their target price on shares of Sensata Technologies from $34.00 to $32.00 and set an “underweight” rating for the company in a research note on Tuesday, November 5th. Finally, The Goldman Sachs Group lowered their price target on Sensata Technologies from $36.00 to $32.00 and set a “neutral” rating for the company in a research note on Thursday, January 16th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $39.58.

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.