Sensata Technologies Holding plc (NYSE:ST) Receives $39.08 Consensus PT from Analysts

Sensata Technologies Holding plc (NYSE:ST) has been given a consensus recommendation of “Hold” by the thirteen ratings firms that are covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, seven have assigned a hold recommendation and five have issued a buy recommendation on the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $39.08.

A number of research firms have recently issued reports on ST. 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 report on Friday, January 17th. Oppenheimer lowered their price objective on shares of Sensata Technologies from $44.00 to $40.00 and set an “outperform” rating on the stock in a report on Thursday, February 13th. The Goldman Sachs Group lowered their price objective on shares of Sensata Technologies from $36.00 to $32.00 and set a “neutral” rating on the stock in a report on Thursday, January 16th. Finally, UBS Group lowered their price objective on shares of Sensata Technologies from $38.00 to $37.00 and set a “buy” rating on the stock in a report on Wednesday, February 12th.

Hedge Funds Weigh In On Sensata Technologies

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Janus Henderson Group PLC boosted its position in Sensata Technologies by 0.5% during 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 purchasing an additional 44,233 shares during the period. Price T Rowe Associates Inc. MD boosted 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 worth $214,308,000 after purchasing an additional 2,088,161 shares during the period. Boston Partners boosted its position in Sensata Technologies by 11.6% during 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 period. Dimensional Fund Advisors LP boosted its position in Sensata Technologies by 12.6% during the fourth quarter. Dimensional Fund Advisors LP now owns 5,808,186 shares of the scientific and technical instruments company’s stock worth $159,143,000 after purchasing an additional 648,028 shares during the period. Finally, State Street Corp boosted its position in Sensata Technologies by 0.4% during 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. 99.42% of the stock is owned by institutional investors.

Sensata Technologies Stock Performance

Shares of ST stock opened at $27.18 on Monday. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.99 and a current ratio of 2.85. The company has a market capitalization of $4.07 billion, a P/E ratio of 32.36, a price-to-earnings-growth ratio of 1.25 and a beta of 1.20. The company’s 50 day moving average price is $27.93 and its two-hundred day moving average price is $31.29. Sensata Technologies has a 52 week low of $24.91 and a 52 week high of $43.14.

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

Sensata Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 26th. Shareholders of record on Wednesday, February 12th were given 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 yield of 1.77%. Sensata Technologies’s dividend payout ratio (DPR) is 57.14%.

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.