Foster & Motley Inc. purchased a new stake in shares of Sensata Technologies Holding N.V. (NYSE:ST – Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 58,152 shares of the scientific and technical instruments company’s stock, valued at approximately $2,776,000.
Several other institutional investors have also recently bought and sold shares of ST. CIBC Private Wealth Group LLC grew its holdings in shares of Sensata Technologies by 700.0% during the fourth quarter. CIBC Private Wealth Group LLC now owns 832 shares of the scientific and technical instruments company’s stock worth $28,000 after purchasing an additional 728 shares during the last quarter. Elevation Wealth Partners LLC raised its holdings in shares of Sensata Technologies by 272.3% in the second quarter. Elevation Wealth Partners LLC now owns 901 shares of the scientific and technical instruments company’s stock valued at $43,000 after buying an additional 659 shares during the last quarter. Root Financial Partners LLC raised its holdings in shares of Sensata Technologies by 62.5% in the first quarter. Root Financial Partners LLC now owns 913 shares of the scientific and technical instruments company’s stock valued at $32,000 after buying an additional 351 shares during the last quarter. EFG International AG acquired a new position in Sensata Technologies during the 4th quarter worth about $33,000. Finally, Parallel Advisors LLC lifted its position in Sensata Technologies by 62.7% during the 4th quarter. Parallel Advisors LLC now owns 1,072 shares of the scientific and technical instruments company’s stock worth $36,000 after buying an additional 413 shares in the last quarter. Institutional investors own 99.42% of the company’s stock.
Sensata Technologies Trading Down 6.0%
Shares of NYSE ST opened at $43.18 on Wednesday. Sensata Technologies Holding N.V. has a twelve month low of $28.16 and a twelve month high of $53.89. The stock has a market cap of $6.28 billion, a price-to-earnings ratio of 71.97, a P/E/G ratio of 1.38 and a beta of 1.27. The company has a quick ratio of 1.58, a current ratio of 2.29 and a debt-to-equity ratio of 0.83. The company’s fifty day moving average is $46.83 and its 200-day moving average is $42.41.
Sensata Technologies Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, August 26th. Shareholders of record on Wednesday, August 12th will be issued a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 1.1%. The ex-dividend date is Wednesday, August 12th. Sensata Technologies’s dividend payout ratio is 80.00%.
Wall Street Analysts Forecast Growth
Several equities research analysts have weighed in on ST shares. Bank of America raised their price objective on shares of Sensata Technologies from $46.00 to $48.00 and gave the company a “neutral” rating in a research report on Thursday, July 9th. Barclays increased their price target on shares of Sensata Technologies from $53.00 to $55.00 and gave the company an “equal weight” rating in a research note on Monday, August 3rd. Weiss Ratings lowered shares of Sensata Technologies from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, July 30th. Wells Fargo & Company boosted their price objective on shares of Sensata Technologies from $48.00 to $49.00 and gave the stock an “equal weight” rating in a research report on Thursday, June 25th. Finally, Truist Financial upgraded Sensata Technologies from a “hold” rating to a “buy” rating and increased their price objective for the company from $43.00 to $58.00 in a research report on Wednesday, May 13th. Four investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $49.10.
Check Out Our Latest Research Report on ST
About Sensata Technologies
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.
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