The Manufacturers Life Insurance Company Decreases Holdings in Sensata Technologies Holding N.V. $ST

The Manufacturers Life Insurance Company decreased its position in Sensata Technologies Holding N.V. (NYSE:STFree Report) by 70.3% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 70,049 shares of the scientific and technical instruments company’s stock after selling 166,024 shares during the quarter. The Manufacturers Life Insurance Company’s holdings in Sensata Technologies were worth $2,467,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of ST. CIBC Private Wealth Group LLC grew its holdings in shares of Sensata Technologies by 700.0% during the 4th quarter. CIBC Private Wealth Group LLC now owns 832 shares of the scientific and technical instruments company’s stock valued at $28,000 after purchasing an additional 728 shares during the last quarter. Root Financial Partners LLC grew its stake 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 about $33,000. Parallel Advisors LLC lifted its stake in shares of Sensata Technologies by 62.7% in the 4th quarter. Parallel Advisors LLC now owns 1,072 shares of the scientific and technical instruments company’s stock valued at $36,000 after acquiring an additional 413 shares during the last quarter. Finally, Atlas Capital Advisors Inc. bought a new position in Sensata Technologies during the 4th quarter worth approximately $36,000. 99.42% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

ST has been the subject of several recent analyst reports. Bank of America upped their price objective on shares of Sensata Technologies from $46.00 to $48.00 and gave the company a “neutral” rating in a research note on Thursday, July 9th. Weiss Ratings downgraded Sensata Technologies from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, July 30th. Wells Fargo & Company upped their price target on Sensata Technologies from $48.00 to $49.00 and gave the company an “equal weight” rating in a research report on Thursday, June 25th. The Goldman Sachs Group lifted their price objective on Sensata Technologies from $48.00 to $60.00 and gave the stock a “buy” rating in a research report on Tuesday, May 26th. Finally, UBS Group reissued a “buy” rating and set a $57.00 target price on shares of Sensata Technologies in a research note on Tuesday, June 2nd. Four 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. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $49.10.

Get Our Latest Stock Report on ST

Sensata Technologies Stock Up 0.9%

Shares of NYSE:ST opened at $46.73 on Friday. The firm has a market capitalization of $6.80 billion, a P/E ratio of 77.89, a P/E/G ratio of 1.40 and a beta of 1.27. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.58 and a current ratio of 2.29. The stock has a 50 day moving average price of $47.62 and a 200-day moving average price of $41.84. Sensata Technologies Holding N.V. has a 52-week low of $28.16 and a 52-week high of $53.89.

Sensata Technologies (NYSE:STGet Free Report) last released its quarterly earnings results on Wednesday, July 29th. The scientific and technical instruments company reported $0.98 earnings per share for the quarter, beating the consensus estimate 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 return on equity of 18.68% and a net margin of 2.37%.The firm’s revenue was up 5.0% on a year-over-year basis. During the same period in the previous year, the company posted $0.87 earnings per share. Sensata Technologies has set its Q3 2026 guidance at 0.930-0.970 EPS. As a group, equities research analysts anticipate that Sensata Technologies Holding N.V. will post 3.77 EPS for the current fiscal year.

Sensata Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, August 26th. Stockholders of record on Wednesday, August 12th will be issued 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 is Wednesday, August 12th. Sensata Technologies’s payout ratio is 80.00%.

Insider Buying and Selling at Sensata Technologies

In related news, EVP David K. Stott sold 6,335 shares of the 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 completion of the transaction, the executive vice president directly owned 39,687 shares in the company, valued at $1,881,163.80. This trade represents a 13.77% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.65% of the stock is owned by corporate insiders.

About Sensata Technologies

(Free Report)

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

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