Wedge Capital Management L L P NC Buys 21,881 Shares of Sensata Technologies Holding N.V. $ST

Wedge Capital Management L L P NC grew its stake in Sensata Technologies Holding N.V. (NYSE:ST) by 18.3% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 141,342 shares of the scientific and technical instruments company’s stock after buying an additional 21,881 shares during the quarter. Wedge Capital Management L L P NC’s holdings in Sensata Technologies were worth $6,748,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in ST. Fulton Bank N.A. acquired a new stake in shares of Sensata Technologies during the second quarter worth $210,000. Legacy Wealth Asset Management LLC boosted its stake in Sensata Technologies by 3.1% in the 2nd quarter. Legacy Wealth Asset Management LLC now owns 16,131 shares of the scientific and technical instruments company’s stock worth $770,000 after purchasing an additional 485 shares during the period. Elevation Wealth Partners LLC increased its holdings in Sensata Technologies by 272.3% during the 2nd quarter. Elevation Wealth Partners LLC now owns 901 shares of the scientific and technical instruments company’s stock worth $43,000 after purchasing an additional 659 shares in the last quarter. 55 North Private Wealth LLC bought a new position in Sensata Technologies during the 2nd quarter worth about $255,000. Finally, Versant Capital Management Inc raised its stake in shares of Sensata Technologies by 4.8% in the 2nd quarter. Versant Capital Management Inc now owns 14,566 shares of the scientific and technical instruments company’s stock valued at $695,000 after purchasing an additional 667 shares during the period. Institutional investors own 99.42% of the company’s stock.

Sensata Technologies Price Performance

NYSE:ST opened at $46.10 on Thursday. The stock has a market capitalization of $6.71 billion, a PE ratio of 76.83, a P/E/G ratio of 1.38 and a beta of 1.27. Sensata Technologies Holding N.V. has a 1-year low of $28.16 and a 1-year high of $53.89. The firm has a fifty day simple moving average of $47.27 and a 200 day simple moving average of $42.12. The company has a current ratio of 2.29, a quick ratio of 1.58 and a debt-to-equity ratio of 0.83.

Sensata Technologies (NYSE:ST) last posted its quarterly earnings results on Wednesday, July 29th. The scientific and technical instruments company reported $0.98 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.93 by $0.05. The firm 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 company’s quarterly revenue was up 5.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.87 earnings per share. Sensata Technologies has set its Q3 2026 guidance at 0.930-0.970 EPS. On average, research analysts expect that Sensata Technologies Holding N.V. will post 3.77 EPS for the current fiscal year.

Sensata Technologies Dividend Announcement

The company 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 $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 is Wednesday, August 12th. Sensata Technologies’s dividend payout ratio is presently 80.00%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on ST. The Goldman Sachs Group boosted their price target on Sensata Technologies from $48.00 to $60.00 and gave the company a “buy” rating in a report on Tuesday, May 26th. Barclays increased their price objective on Sensata Technologies from $53.00 to $55.00 and gave the stock an “equal weight” rating in a report on Monday, August 3rd. Wells Fargo & Company lifted their target price 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. Bank of America boosted their target price on Sensata Technologies from $46.00 to $48.00 and gave the company a “neutral” rating in a research note on Thursday, July 9th. Finally, Oppenheimer raised their price target on shares of Sensata Technologies from $55.00 to $58.00 and gave the stock an “outperform” rating in a research note on Friday, July 31st. 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’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $49.10.

Insider Transactions at Sensata Technologies

In related news, EVP David K. Stott sold 6,335 shares of the firm’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 completion of the sale, the executive vice president directly owned 39,687 shares in the company, valued at approximately $1,881,163.80. This trade represents a 13.77% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 0.65% of the company’s stock.

Sensata Technologies 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.