Virginia Retirement Systems ET AL bought a new position in shares of Sensata Technologies Holding PLC (NYSE:ST) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 46,400 shares of the scientific and technical instruments company’s stock, valued at approximately $2,299,000.

Other large investors have also modified their holdings of the company. Millennium Management LLC purchased a new stake in shares of Sensata Technologies during the first quarter valued at $4,936,000. State of Alaska Department of Revenue boosted its position in shares of Sensata Technologies by 35.3% during the second quarter. State of Alaska Department of Revenue now owns 19,550 shares of the scientific and technical instruments company’s stock valued at $929,000 after buying an additional 5,100 shares during the last quarter. Bank of Montreal Can boosted its position in shares of Sensata Technologies by 320.6% during the second quarter. Bank of Montreal Can now owns 58,492 shares of the scientific and technical instruments company’s stock valued at $2,783,000 after buying an additional 44,585 shares during the last quarter. Fox Run Management L.L.C. purchased a new stake in shares of Sensata Technologies during the second quarter valued at $310,000. Finally, Amalgamated Bank boosted its position in shares of Sensata Technologies by 5.9% during the second quarter. Amalgamated Bank now owns 36,203 shares of the scientific and technical instruments company’s stock valued at $1,723,000 after buying an additional 2,005 shares during the last quarter.

Shares of NYSE:ST opened at $46.67 on Tuesday. The stock has a market capitalization of $8.02 billion, a price-to-earnings ratio of 14.63, a PEG ratio of 1.12 and a beta of 1.55. The company has a debt-to-equity ratio of 1.38, a quick ratio of 2.35 and a current ratio of 3.10. Sensata Technologies Holding PLC has a 52-week low of $41.12 and a 52-week high of $57.40.

Sensata Technologies (NYSE:ST) last announced its earnings results on Tuesday, October 30th. The scientific and technical instruments company reported $0.91 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.91. The business had revenue of $873.60 million for the quarter, compared to analysts’ expectations of $864.62 million. Sensata Technologies had a return on equity of 25.28% and a net margin of 14.63%. The business’s revenue for the quarter was up 6.7% on a year-over-year basis. During the same period last year, the firm posted $0.81 earnings per share. As a group, equities analysts anticipate that Sensata Technologies Holding PLC will post 3.68 EPS for the current year.

In other Sensata Technologies news, EVP Jeffrey J. Cote sold 570 shares of the firm’s stock in a transaction dated Monday, October 1st. The stock was sold at an average price of $50.00, for a total value of $28,500.00. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 2.00% of the company’s stock.

Several equities research analysts recently commented on the company. Zacks Investment Research raised Sensata Technologies from a “hold” rating to a “buy” rating and set a $59.00 price objective on the stock in a research report on Friday, July 27th. Canaccord Genuity assumed coverage on Sensata Technologies in a research report on Friday, August 3rd. They set a “buy” rating and a $70.00 price objective on the stock. JPMorgan Chase & Co. reaffirmed a “buy” rating and set a $69.00 price objective on shares of Sensata Technologies in a research report on Tuesday, September 11th. Cross Research raised Sensata Technologies from a “hold” rating to a “buy” rating in a research report on Tuesday, October 30th. Finally, Citigroup dropped their price objective on Sensata Technologies from $56.00 to $52.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 31st. One research analyst has rated the stock with a sell rating, five have issued a hold rating and nine have issued a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $56.33.

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Sensata Technologies Profile

Sensata Technologies Holding PLC would be operating as a holding company for Sensata Technologies Holding N.V. that develops, manufactures, and sells sensors and controls in the Americas, Asia, and Europe. It operates in two segments, Performance Sensing and Sensing Solutions. The Performance Sensing segment supplies pressure sensors, speed and position sensors, temperature sensors, and pressure switches.

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

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