Sensata Technologies Holding N.V. (NYSE:ST) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Wednesday.

According to Zacks, “Sensata Technologies B.V., through its subsidiaries, is a supplier of sensing, electrical protection, control and power management solutions. The Company produces a range of sensors and controls for mission critical applications, such as thermal circuit breakers in aircraft, pressure sensors in automotive systems, and bimetal current and temperature control devices in electric motors. Sensata’s products include pressure sensors, force sensors, position sensors, motor protectors, and thermal and magnetic-hydraulic circuit breakers and switches. It develops solutions for specific customer requirements or applications across automotive, appliance, aircraft, industrial, military, heavy vehicle, heating, air-conditioning, data, telecommunications, recreational vehicle and marine applications. Sensata Technologies B.V. is based in Almelo, the Netherlands. “

Several other analysts also recently weighed in on ST. Stifel Nicolaus reiterated a “buy” rating and set a $51.00 price target (up previously from $48.00) on shares of Sensata Technologies Holding N.V. in a research note on Wednesday, July 26th. BidaskClub downgraded Sensata Technologies Holding N.V. from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, July 25th. BMO Capital Markets set a $42.00 price target on Sensata Technologies Holding N.V. and gave the company a “hold” rating in a research note on Wednesday, July 26th. Citigroup Inc. boosted their price target on Sensata Technologies Holding N.V. from $48.00 to $49.00 and gave the company a “neutral” rating in a research note on Wednesday, July 26th. Finally, Oppenheimer Holdings, Inc. boosted their price target on Sensata Technologies Holding N.V. from $48.00 to $53.00 and gave the company an “outperform” rating in a research note on Wednesday, July 26th. Five analysts have rated the stock with a hold rating and five have given a buy rating to the company. Sensata Technologies Holding N.V. presently has an average rating of “Buy” and a consensus target price of $49.00.

Shares of Sensata Technologies Holding N.V. (ST) opened at 46.36 on Wednesday. The stock has a market capitalization of $7.94 billion, a PE ratio of 27.76 and a beta of 1.45. Sensata Technologies Holding N.V. has a 52-week low of $35.10 and a 52-week high of $46.59. The company’s 50 day moving average price is $45.70 and its 200 day moving average price is $42.02.

Sensata Technologies Holding N.V. (NYSE:ST) last announced its earnings results on Tuesday, July 25th. The scientific and technical instruments company reported $0.81 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.78 by $0.03. Sensata Technologies Holding N.V. had a return on equity of 26.18% and a net margin of 8.91%. The firm had revenue of $839.90 million for the quarter, compared to the consensus estimate of $835.09 million. During the same period in the previous year, the business earned $0.73 EPS. The firm’s revenue for the quarter was up 1.5% on a year-over-year basis. On average, equities research analysts anticipate that Sensata Technologies Holding N.V. will post $3.17 EPS for the current year.

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In other news, Director Thomas Wroe, Jr. sold 40,000 shares of the business’s stock in a transaction dated Friday, July 14th. The stock was sold at an average price of $44.85, for a total value of $1,794,000.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In the last three months, insiders sold 134,105 shares of company stock valued at $6,047,976. Insiders own 1.00% of the company’s stock.

Several hedge funds have recently modified their holdings of ST. Janus Henderson Group PLC lifted its holdings in shares of Sensata Technologies Holding N.V. by 58,991.8% in the 2nd quarter. Janus Henderson Group PLC now owns 15,101,502 shares of the scientific and technical instruments company’s stock valued at $645,136,000 after buying an additional 15,075,946 shares during the period. BlackRock Inc. lifted its holdings in shares of Sensata Technologies Holding N.V. by 3,675.0% in the 1st quarter. BlackRock Inc. now owns 4,923,922 shares of the scientific and technical instruments company’s stock valued at $215,028,000 after buying an additional 4,793,488 shares during the period. FMR LLC lifted its holdings in shares of Sensata Technologies Holding N.V. by 330.2% in the 1st quarter. FMR LLC now owns 5,105,665 shares of the scientific and technical instruments company’s stock valued at $222,964,000 after buying an additional 3,918,865 shares during the period. State Street Corp lifted its holdings in shares of Sensata Technologies Holding N.V. by 106.4% in the 2nd quarter. State Street Corp now owns 3,204,903 shares of the scientific and technical instruments company’s stock valued at $136,915,000 after buying an additional 1,652,112 shares during the period. Finally, Janus Capital Management LLC lifted its holdings in shares of Sensata Technologies Holding N.V. by 11.5% in the 1st quarter. Janus Capital Management LLC now owns 14,946,932 shares of the scientific and technical instruments company’s stock valued at $652,725,000 after buying an additional 1,540,719 shares during the period.

Sensata Technologies Holding N.V. Company Profile

Sensata Technologies Holding N.V. is an industrial technology company. The Company is engaged in the development, manufacture, and sale of sensors and controls. The Company operates through two segments: Performance Sensing and Sensing Solutions. It produces a range of sensors and controls for applications, such as pressure sensors in automotive systems, thermal circuit breakers in aircraft, and bimetal current and temperature control devices.

Analyst Recommendations for Sensata Technologies Holding N.V. (NYSE:ST)

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