Hudson Edge Investment Partners Inc. Makes New $951,000 Investment in Sensata Technologies Holding N.V. $ST

Hudson Edge Investment Partners Inc. acquired a new stake in shares of Sensata Technologies Holding N.V. (NYSE:ST) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 26,994 shares of the scientific and technical instruments company’s stock, valued at approximately $951,000.

Other institutional investors have also modified their holdings of the company. Goldman Sachs Group Inc. raised its position in shares of Sensata Technologies by 107.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 419,137 shares of the scientific and technical instruments company’s stock worth $10,172,000 after purchasing an additional 217,418 shares during the last quarter. United Services Automobile Association purchased a new position in Sensata Technologies in the 1st quarter valued at about $246,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in Sensata Technologies by 12.2% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 505,957 shares of the scientific and technical instruments company’s stock worth $12,280,000 after buying an additional 55,045 shares during the last quarter. Cetera Investment Advisers boosted its holdings in Sensata Technologies by 11.8% in the 2nd quarter. Cetera Investment Advisers now owns 23,409 shares of the scientific and technical instruments company’s stock worth $705,000 after buying an additional 2,472 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership purchased a new stake in Sensata Technologies during the 2nd quarter worth approximately $750,000. Institutional investors and hedge funds own 99.42% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on ST shares. Weiss Ratings raised Sensata Technologies from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday. Oppenheimer raised their price objective on Sensata Technologies from $50.00 to $55.00 and gave the company an “outperform” rating in a report on Wednesday, April 29th. Barclays cut shares of Sensata Technologies from an “overweight” rating to an “equal weight” rating and lifted their target price for the stock from $49.00 to $53.00 in a research note on Friday, May 29th. Wall Street Zen lowered shares of Sensata Technologies from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 2nd. Finally, The Goldman Sachs Group increased their target price on shares of Sensata Technologies from $48.00 to $60.00 and gave the company a “buy” rating in a research report on Tuesday, May 26th. Four analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $47.80.

Sensata Technologies Price Performance

ST stock opened at $45.35 on Friday. Sensata Technologies Holding N.V. has a 1 year low of $28.16 and a 1 year high of $53.89. 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 firm has a market capitalization of $6.59 billion, a PE ratio of 146.28, a price-to-earnings-growth ratio of 1.31 and a beta of 1.27. The business has a 50 day simple moving average of $47.69 and a 200-day simple moving average of $39.81.

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

Sensata Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, May 27th. Stockholders of record on Wednesday, May 13th were issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 1.1%. The ex-dividend date was Wednesday, May 13th. Sensata Technologies’s payout ratio is currently 154.84%.

Insider Buying and Selling at Sensata Technologies

In other news, EVP David K. Stott sold 6,335 shares of the business’s 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 owned 39,687 shares of the company’s stock, valued at approximately $1,881,163.80. The trade was a 13.77% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Lynne J. Caljouw sold 2,913 shares of the company’s 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 directly owned 72,842 shares of the company’s stock, valued at $2,528,345.82. This represents a 3.85% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.65% of the stock is owned by insiders.

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.