Sensata Technologies Holding plc (NYSE:ST) Shares Purchased by Sei Investments Co.

Sei Investments Co. grew its holdings in shares of Sensata Technologies Holding plc (NYSE:ST) by 54.6% during the fourth quarter, Holdings Channel reports. The firm owned 756,476 shares of the scientific and technical instruments company’s stock after acquiring an additional 267,318 shares during the quarter. Sei Investments Co.’s holdings in Sensata Technologies were worth $20,728,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Janus Henderson Group PLC raised its stake in Sensata Technologies by 0.5% during the third 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. Boston Partners raised its position in shares of Sensata Technologies by 11.6% during the 4th 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. State Street Corp lifted its holdings in shares of Sensata Technologies by 0.4% in the 3rd 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 last quarter. FMR LLC boosted its position in Sensata Technologies by 18.9% during 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 purchasing an additional 618,202 shares during the period. Finally, Geode Capital Management LLC grew its stake in Sensata Technologies by 1.0% during 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 buying an additional 24,707 shares during the last quarter. 99.42% of the stock is currently owned by institutional investors.

Sensata Technologies Price Performance

NYSE ST opened at $27.44 on Thursday. The firm has a market capitalization of $4.10 billion, a PE ratio of 32.66, a P/E/G ratio of 1.25 and a beta of 1.20. The company has a debt-to-equity ratio of 1.11, a current ratio of 2.85 and a quick ratio of 1.99. Sensata Technologies Holding plc has a 12 month low of $24.91 and a 12 month high of $43.14. The company’s 50 day simple moving average is $27.91 and its 200 day simple moving average is $30.81.

Sensata Technologies (NYSE:ST) last issued 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 the consensus estimate of $0.76. Sensata Technologies had a return on equity of 17.54% and a net margin of 3.27%. As a group, equities research analysts forecast that Sensata Technologies Holding plc will post 3.21 EPS for the current fiscal year.

Sensata Technologies Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, February 26th. Shareholders of record on Wednesday, February 12th were issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 1.75%. The ex-dividend date was Wednesday, February 12th. Sensata Technologies’s payout ratio is 57.14%.

Wall Street Analysts Forecast Growth

ST has been the topic of a number of recent research reports. Oppenheimer cut their target price on Sensata Technologies from $44.00 to $40.00 and set an “outperform” rating on the stock in a research note on Thursday, February 13th. The Goldman Sachs Group cut their price objective on shares of Sensata Technologies from $36.00 to $32.00 and set a “neutral” rating on the stock in a research report on Thursday, January 16th. UBS Group decreased their target price on shares of Sensata Technologies from $38.00 to $37.00 and set a “buy” rating for the company in a research report on Wednesday, February 12th. Finally, Evercore ISI cut their price target on Sensata Technologies from $43.00 to $40.00 and set an “outperform” rating on the stock in a report on Friday, January 17th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $39.08.

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.