Heartland Advisors Inc. Acquires 76,525 Shares of Sensata Technologies Holding N.V. $ST

Heartland Advisors Inc. raised its holdings in shares of Sensata Technologies Holding N.V. (NYSE:ST) by 59.8% in the fourth quarter, HoldingsChannel.com reports. The firm owned 204,500 shares of the scientific and technical instruments company’s stock after buying an additional 76,525 shares during the period. Heartland Advisors Inc.’s holdings in Sensata Technologies were worth $6,808,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Inscription Capital LLC increased its stake in Sensata Technologies by 1.4% during the 4th quarter. Inscription Capital LLC now owns 27,946 shares of the scientific and technical instruments company’s stock valued at $930,000 after purchasing an additional 393 shares in the last quarter. Quadrant Capital Group LLC boosted its holdings in Sensata Technologies by 3.8% during the 3rd quarter. Quadrant Capital Group LLC now owns 10,981 shares of the scientific and technical instruments company’s stock worth $335,000 after acquiring an additional 397 shares during the last quarter. Parallel Advisors LLC boosted its holdings 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 acquiring an additional 413 shares during the last quarter. PNC Financial Services Group Inc. boosted its holdings in Sensata Technologies by 4.8% during the 3rd quarter. PNC Financial Services Group Inc. now owns 9,338 shares of the scientific and technical instruments company’s stock worth $285,000 after acquiring an additional 426 shares during the last quarter. Finally, Van Den Berg Management I Inc. boosted its holdings in Sensata Technologies by 0.4% during the 3rd quarter. Van Den Berg Management I Inc. now owns 124,548 shares of the scientific and technical instruments company’s stock worth $3,805,000 after acquiring an additional 474 shares during the last quarter. Institutional investors own 99.42% of the company’s stock.

Sensata Technologies Price Performance

Shares of NYSE:ST opened at $47.10 on Thursday. The company’s 50-day moving average is $43.97 and its 200 day moving average is $37.97. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.95 and a current ratio of 2.75. The company has a market capitalization of $6.85 billion, a P/E ratio of 151.95, a price-to-earnings-growth ratio of 1.43 and a beta of 1.26. Sensata Technologies Holding N.V. has a fifty-two week low of $26.95 and a fifty-two week high of $53.89.

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

Sensata Technologies Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, May 27th. Investors of record on Wednesday, May 13th were issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend was Wednesday, May 13th. Sensata Technologies’s payout ratio is 154.84%.

Analysts Set New Price Targets

ST has been the topic of a number of analyst reports. Truist Financial raised shares of Sensata Technologies from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $43.00 to $58.00 in a report on Wednesday, May 13th. Oppenheimer lifted their price objective on shares of Sensata Technologies from $50.00 to $55.00 and gave the stock an “outperform” rating in a report on Wednesday, April 29th. UBS Group reaffirmed a “buy” rating and set a $57.00 price objective on shares of Sensata Technologies in a report on Tuesday, June 2nd. Bank of America lifted their price objective on shares of Sensata Technologies from $37.00 to $40.00 and gave the stock a “neutral” rating in a report on Friday, February 20th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Sensata Technologies in a report on Friday, May 29th. Four investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Sensata Technologies presently has an average rating of “Hold” and an average price target of $47.70.

Insider Transactions at Sensata Technologies

In related 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 value of $300,279.00. Following the transaction, the executive vice president directly 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 filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Lynne J. Caljouw sold 2,913 shares of the business’s stock in a transaction dated Tuesday, April 7th. The stock was sold at an average price of $34.71, for a total transaction of $101,110.23. Following the completion of the transaction, the executive vice president directly owned 72,842 shares in the company, valued at $2,528,345.82. This trade represents a 3.85% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 11,728 shares of company stock worth $486,949 over the last three months. 0.65% of the stock is owned by insiders.

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.