Brokerages Set Sensata Technologies Holding N.V. (NYSE:ST) PT at $47.80

Shares of Sensata Technologies Holding N.V. (NYSE:ST) have earned an average recommendation of “Hold” from the eleven research firms that are currently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating on the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is $47.80.

A number of analysts recently weighed in on the stock. Wall Street Zen cut shares of Sensata Technologies from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 2nd. Truist Financial raised Sensata Technologies from a “hold” rating to a “buy” rating and lifted their price objective for the company from $43.00 to $58.00 in a report on Wednesday, May 13th. The Goldman Sachs Group increased their target price on Sensata Technologies from $48.00 to $60.00 and gave the stock a “buy” rating in a report on Tuesday, May 26th. Wells Fargo & Company raised their target price on Sensata Technologies from $48.00 to $49.00 and gave the stock an “equal weight” rating in a research report on Thursday, June 25th. Finally, UBS Group reaffirmed a “buy” rating and issued a $57.00 price target on shares of Sensata Technologies in a research note on Tuesday, June 2nd.

Insider Buying and Selling at Sensata Technologies

In related news, EVP Lynne J. Caljouw sold 2,913 shares of the stock in a transaction dated Tuesday, April 7th. The shares were sold at an average price of $34.71, for a total transaction of $101,110.23. Following the completion of the sale, the executive vice president owned 72,842 shares in the company, valued at $2,528,345.82. This trade represents a 3.85% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP David K. Stott sold 6,335 shares of Sensata Technologies stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $47.40, for a total transaction of $300,279.00. Following the transaction, the executive vice president directly owned 39,687 shares of the company’s stock, valued at $1,881,163.80. This represents a 13.77% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.65% of the stock is currently owned by insiders.

Institutional Trading of Sensata Technologies

Several large investors have recently added to or reduced their stakes in ST. CIBC Private Wealth Group LLC raised its stake in shares of Sensata Technologies by 700.0% in the fourth quarter. CIBC Private Wealth Group LLC now owns 832 shares of the scientific and technical instruments company’s stock valued at $28,000 after acquiring an additional 728 shares during the last quarter. Root Financial Partners LLC boosted its holdings in shares of Sensata Technologies by 62.5% in the 1st quarter. Root Financial Partners LLC now owns 913 shares of the scientific and technical instruments company’s stock worth $32,000 after acquiring an additional 351 shares in the last quarter. EFG International AG bought a new stake in Sensata Technologies during the 4th quarter worth approximately $33,000. Parallel Advisors LLC grew its position in Sensata Technologies by 62.7% during the 4th quarter. Parallel Advisors LLC now owns 1,072 shares of the scientific and technical instruments company’s stock worth $36,000 after acquiring an additional 413 shares during the last quarter. Finally, Atlas Capital Advisors Inc. bought a new stake in Sensata Technologies during the 4th quarter worth approximately $36,000. 99.42% of the stock is owned by institutional investors.

Sensata Technologies Trading Down 2.6%

Sensata Technologies stock opened at $45.35 on Friday. Sensata Technologies has a one year low of $28.16 and a one year high of $53.89. The company’s fifty day moving average price is $47.60 and its two-hundred day moving average price is $39.77. The company has a debt-to-equity ratio of 1.00, a current ratio of 2.75 and a quick ratio of 1.95. The company has a market capitalization of $6.59 billion, a price-to-earnings ratio of 146.28, a PEG ratio of 1.34 and a beta of 1.27.

Sensata Technologies (NYSE:ST) last announced its earnings results on Tuesday, March 31st. The scientific and technical instruments company reported $0.86 EPS for the quarter. Sensata Technologies had a net margin of 1.28% and a return on equity of 18.23%. The firm had revenue of $934.80 million for the quarter. On average, analysts forecast that Sensata Technologies will post 3.73 earnings per share for the current fiscal year.

Sensata Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, May 27th. Shareholders of record on Wednesday, May 13th were issued a dividend of $0.12 per share. The ex-dividend date of this dividend was Wednesday, May 13th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.1%. Sensata Technologies’s dividend payout ratio (DPR) is presently 154.84%.

Sensata Technologies Company Profile

Sensata Technologies Holdings N.V. is a global industrial technology company specializing in the design, development and manufacture of sensors and electrical protection solutions. The company’s product portfolio includes pressure, temperature, position, speed, current and magnetic sensors, as well as circuit breakers and other protection devices. Sensata’s offerings serve a wide array of end markets, with a particularly strong presence in automotive original equipment manufacturers (OEMs), industrial automation, heating, ventilation and air conditioning (HVAC), commercial aerospace and renewable energy sectors.

Headquartered in Attleboro, Massachusetts, Sensata operates a network of manufacturing and engineering facilities across North America, Europe, Asia Pacific and Latin America.