Renaissance Technologies LLC lessened its holdings in shares of Sensata Technologies Holding N.V. (NYSE:ST – Free Report) by 50.7% during the 1st quarter, Holdings Channel reports. The firm owned 251,900 shares of the scientific and technical instruments company’s stock after selling 259,300 shares during the period. Renaissance Technologies LLC’s holdings in Sensata Technologies were worth $8,872,000 at the end of the most recent reporting period.
A number of other large investors also recently added to or reduced their stakes in ST. CIBC Private Wealth Group LLC boosted its stake in Sensata Technologies by 700.0% in the 4th 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 period. Root Financial Partners LLC raised its position in shares of Sensata Technologies by 62.5% during 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 purchased a new position in shares of Sensata Technologies in the fourth quarter worth $33,000. EverSource Wealth Advisors LLC boosted its position in shares of Sensata Technologies by 244.4% during the second quarter. EverSource Wealth Advisors LLC now owns 1,178 shares of the scientific and technical instruments company’s stock worth $35,000 after acquiring an additional 836 shares during the last quarter. Finally, Parallel Advisors LLC boosted its position in shares of Sensata Technologies by 62.7% during the fourth 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. 99.42% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
ST has been the topic of a number of research reports. The Goldman Sachs Group lifted their price target on shares of Sensata Technologies from $48.00 to $60.00 and gave the company a “buy” rating in a report on Tuesday, May 26th. Oppenheimer raised their price objective on Sensata Technologies from $55.00 to $58.00 and gave the company an “outperform” rating in a research report on Friday. Weiss Ratings cut Sensata Technologies from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday. Barclays downgraded Sensata Technologies from an “overweight” rating to an “equal weight” rating and boosted their target price for the stock from $49.00 to $53.00 in a research report on Friday, May 29th. Finally, Wells Fargo & Company increased their price target on Sensata Technologies from $48.00 to $49.00 and gave the company an “equal weight” rating in a research note on Thursday, June 25th. Four equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Sensata Technologies presently has a consensus rating of “Hold” and an average price target of $48.90.
Insider Transactions at Sensata Technologies
In related news, EVP David K. Stott sold 6,335 shares of the business’s stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $47.40, for a total transaction of $300,279.00. Following the completion of the transaction, the executive vice president owned 39,687 shares in the company, valued at $1,881,163.80. The trade was a 13.77% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.65% of the stock is currently owned by insiders.
Sensata Technologies Price Performance
Sensata Technologies stock opened at $46.38 on Monday. Sensata Technologies Holding N.V. has a 12-month low of $28.16 and a 12-month high of $53.89. The company has a current ratio of 2.29, a quick ratio of 1.58 and a debt-to-equity ratio of 0.83. The firm has a 50-day moving average price of $47.89 and a 200-day moving average price of $41.46. The firm has a market capitalization of $6.75 billion, a PE ratio of 77.29, a price-to-earnings-growth ratio of 1.39 and a beta of 1.27.
Sensata Technologies (NYSE:ST – Get Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The scientific and technical instruments company reported $0.98 earnings per share for the quarter, topping analysts’ consensus estimates of $0.93 by $0.05. The company had revenue of $990.60 million for the quarter, compared to analyst estimates of $970.39 million. Sensata Technologies had a net margin of 2.37% and a return on equity of 18.68%. The firm’s revenue for the quarter was up 5.0% on a year-over-year basis. During the same period in the prior year, the company posted $0.87 EPS. Sensata Technologies has set its Q3 2026 guidance at 0.930-0.970 EPS. As a group, equities research analysts forecast that Sensata Technologies Holding N.V. will post 3.77 EPS for the current year.
Sensata Technologies Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, August 26th. Investors of record on Wednesday, August 12th will be paid a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend is Wednesday, August 12th. Sensata Technologies’s dividend payout ratio (DPR) is currently 80.00%.
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.
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