Envestnet Asset Management Inc. lessened its holdings in shares of Sensata Technologies Holding (NYSE:ST) by 20.4% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 35,440 shares of the scientific and technical instruments company’s stock after selling 9,096 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Sensata Technologies were worth $1,704,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the business. California State Teachers Retirement System purchased a new position in shares of Sensata Technologies during the 3rd quarter worth $13,916,000. Sompo Japan Nipponkoa Asset Management CO. LTD. purchased a new position in shares of Sensata Technologies during the 3rd quarter worth $5,875,000. OxFORD Asset Management LLP purchased a new position in shares of Sensata Technologies during the 3rd quarter worth $1,158,000. KBC Group NV lifted its stake in shares of Sensata Technologies by 64.6% during the 3rd quarter. KBC Group NV now owns 25,581 shares of the scientific and technical instruments company’s stock worth $1,230,000 after purchasing an additional 10,035 shares during the period. Finally, Dimensional Fund Advisors LP lifted its stake in shares of Sensata Technologies by 3.5% during the 3rd quarter. Dimensional Fund Advisors LP now owns 1,090,286 shares of the scientific and technical instruments company’s stock worth $52,406,000 after purchasing an additional 36,430 shares during the period.

In related news, COO Jeffrey J. Cote sold 13,311 shares of the stock in a transaction on Tuesday, October 31st. The stock was sold at an average price of $49.03, for a total value of $652,638.33. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Paul B. Edgerley purchased 200,000 shares of the stock in a transaction that occurred on Thursday, November 16th. The stock was bought at an average price of $47.47 per share, with a total value of $9,494,000.00. The disclosure for this purchase can be found here. Over the last quarter, insiders sold 87,588 shares of company stock valued at $4,258,599. 1.00% of the stock is owned by insiders.

ST has been the topic of a number of recent analyst reports. Zacks Investment Research lowered Sensata Technologies from a “buy” rating to a “hold” rating in a research note on Thursday, August 24th. Cowen reissued a “hold” rating and set a $45.00 price target on shares of Sensata Technologies in a research note on Sunday, September 17th. Seven equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $54.50.

Sensata Technologies Holding (NYSE:ST) traded up $0.25 during mid-day trading on Friday, hitting $52.42. The stock had a trading volume of 966,498 shares, compared to its average volume of 1,256,159. The firm has a market cap of $8,979.34, a P/E ratio of 16.96, a price-to-earnings-growth ratio of 1.65 and a beta of 1.46. The company has a current ratio of 2.76, a quick ratio of 2.04 and a debt-to-equity ratio of 1.49. Sensata Technologies Holding has a 1-year low of $38.71 and a 1-year high of $53.30.

Sensata Technologies (NYSE:ST) last released its quarterly earnings data on Tuesday, October 24th. The scientific and technical instruments company reported $0.81 EPS for the quarter, topping analysts’ consensus estimates of $0.80 by $0.01. Sensata Technologies had a return on equity of 25.75% and a net margin of 9.39%. The business had revenue of $819.10 million during the quarter, compared to the consensus estimate of $803.14 million. During the same period in the prior year, the firm posted $0.74 EPS. The business’s revenue for the quarter was up 3.7% on a year-over-year basis. equities analysts forecast that Sensata Technologies Holding will post 3.17 earnings per share for the current year.

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Sensata Technologies 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.

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Institutional Ownership by Quarter for Sensata Technologies (NYSE:ST)

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