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

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. “

A number of other equities analysts have also recently issued reports on the stock. Barclays PLC boosted their price objective on shares of Sensata Technologies Holding N.V. from $52.00 to $53.00 and gave the company an “overweight” rating in a research report on Friday. SunTrust Banks, Inc. restated a “buy” rating and issued a $53.00 price objective on shares of Sensata Technologies Holding N.V. in a research report on Thursday, October 12th. Cowen and Company restated a “hold” rating and issued a $45.00 price objective on shares of Sensata Technologies Holding N.V. in a research report on Sunday, September 17th. BidaskClub cut shares of Sensata Technologies Holding N.V. from a “buy” rating to a “hold” rating in a research report on Tuesday, August 1st. Finally, BMO Capital Markets set a $42.00 price objective on shares of Sensata Technologies Holding N.V. and gave the company a “hold” rating in a research report on Wednesday, July 26th. Five research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $49.89.

Shares of Sensata Technologies Holding N.V. (ST) opened at 50.30 on Tuesday. The company has a market cap of $8.61 billion, a PE ratio of 30.12 and a beta of 1.47. The firm’s 50-day moving average is $48.09 and its 200-day moving average is $48.09. Sensata Technologies Holding N.V. has a 12 month low of $35.10 and a 12 month high of $50.83.

Sensata Technologies Holding N.V. (NYSE:ST) last released its quarterly earnings data on Tuesday, July 25th. The scientific and technical instruments company reported $0.81 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.78 by $0.03. Sensata Technologies Holding N.V. had a net margin of 8.91% and a return on equity of 26.18%. The firm had revenue of $839.90 million for the quarter, compared to analysts’ expectations of $835.09 million. During the same quarter in the previous year, the company earned $0.73 earnings per share. The company’s revenue for the quarter was up 1.5% compared to the same quarter last year. On average, equities research analysts predict that Sensata Technologies Holding N.V. will post $3.16 earnings per share for the current year.

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Several hedge funds and other institutional investors have recently modified their holdings of the company. Fox Run Management L.L.C. bought a new position in shares of Sensata Technologies Holding N.V. in the third quarter worth approximately $558,000. APG Asset Management N.V. lifted its stake in shares of Sensata Technologies Holding N.V. by 3.9% in the third quarter. APG Asset Management N.V. now owns 386,668 shares of the scientific and technical instruments company’s stock worth $18,587,000 after buying an additional 14,600 shares in the last quarter. Taylor Cottrill Erickson & Associates Inc. lifted its stake in shares of Sensata Technologies Holding N.V. by 25.8% in the third quarter. Taylor Cottrill Erickson & Associates Inc. now owns 24,275 shares of the scientific and technical instruments company’s stock worth $1,167,000 after buying an additional 4,975 shares in the last quarter. Robeco Institutional Asset Management B.V. lifted its stake in shares of Sensata Technologies Holding N.V. by 152.1% in the third quarter. Robeco Institutional Asset Management B.V. now owns 6,630 shares of the scientific and technical instruments company’s stock worth $318,000 after buying an additional 4,000 shares in the last quarter. Finally, Harvey Investment Co. LLC lifted its stake in shares of Sensata Technologies Holding N.V. by 1.8% in the third quarter. Harvey Investment Co. LLC now owns 543,282 shares of the scientific and technical instruments company’s stock worth $26,116,000 after buying an additional 9,500 shares in the last quarter.

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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