Sensata Technologies Holding Plc is a global industrial technology company that engages in the development, manufacture, and sale of sensors and sensor-rich solutions, electrical protection components and systems, and other products used in mission-critical systems and applications. The firm operates through the Performance Sensing and Sensing Solutions segments. Sensata Technologies has a fifty-two week low of $36.64 and a fifty-two week high of $54.34. The company has a debt-to-equity ratio of 1.28, a quick ratio of 1.81, and a current ratio of 2.35. Its market cap is $6.96 billion, and it has a P/E ratio of 22.70, a price-to-earnings-growth ratio of 1.12, and a beta of 1.33. Insiders have sold 1.00% of the stock, and research analysts forecast that Sensata Technologies Holding plc will post 3.77 EPS for the current year. To stay updated, one can subscribe to MarketBeat.com’s free daily email newsletter.
During the third quarter, B. Riley Wealth Advisors Inc. sold 490 shares of Sensata Technologies Holding plc (NYSE:ST), reducing its position by 1.2%, according to the company’s most recent 13F filing.
Several other large investors also recently made changes to their holdings of ST. Yousif Capital Management LLC increased its stake in Sensata Technologies by 9.9% during the first quarter and now holds 4,451 shares valued at $226,000 after acquiring an additional 400 shares in the last quarter. Raymond James Trust N.A. purchased a new position in Sensata Technologies valued at $202,000, and Allianz Asset Management GmbH increased its stake by 1.0% during the first quarter, now owning 774,136 shares worth $39,364,000 after acquiring an additional 7,953 shares in the last quarter. Brown Brothers Harriman & Co. also purchased a new position in Sensata Technologies during the first quarter, valued at $254,000. Lastly, Mackenzie Financial Corp increased its stake by 42.7% during the first quarter and now owns 833,577 shares worth $42,387,000 after acquiring an additional 249,277 shares in the last quarter. Currently, institutional investors own 97.82% of Sensata Technologies’ stock.
ST has received ratings from several brokerages. TheStreet upgraded Sensata Technologies from a “c+” rating to a “b-” rating, while Robert W. Baird raised its target price from $52.00 to $54.00 and gave the company a “neutral” rating. Citigroup also raised its target price on Sensata Technologies from $42.00 to $55.00 and gave the company a “neutral” rating. Stifel Nicolaus, however, downgraded Sensata Technologies from a “buy” rating to a “hold” rating, setting a target price of $55.00. Lastly, Cowen raised its target price on Sensata Technologies from $55.00 to $63.00 and gave the company an “outperform” rating. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $55.29.
As of writing this, Sensata Technologies’ stock is trading down 2.8%.
Sensata Technologies Holding plc (NYSE:ST) – An Overview
Sensata Technologies Holding plc (ST) opened at $45.63 on Friday and has a market cap of $6.96 billion. The company’s 52-week high is $54.34, and its 52-week low is $36.64. The scientific and technical instruments company has a debt-to-equity ratio of 1.28, a quick ratio of 1.81, and a current ratio of 2.35. The company’s 50-day moving average is $49.03, and the 200-day moving average is $43.94. Sensata Technologies has a P/E ratio of 22.70 and a beta of 1.33. The price-to-earnings-growth ratio is 1.12.
Sensata Technologies Announces Dividend
Sensata Technologies recently announced a quarterly dividend of $0.11, paid on February 22nd to shareholders of record on February 8th. The ex-dividend date of this dividend was February 7th. This represents an annualized dividend of $0.44 and a yield of 0.96%. Sensata Technologies’s dividend payout ratio is currently 21.89%.
Q4 Earnings Beat Expectations
In Q4 2022, Sensata Technologies reported $0.96 earnings per share (EPS), beating the consensus estimate of $0.88 by $0.08. The company had revenue of $1.01 billion, compared to the consensus estimate of $998.02 million, marking an 8.6% YoY increase. Sensata Technologies has a net margin of 7.71% and a return on equity of 17.29%.
Insiders Place Their Bets
Sensata Technologies’ CEO, Jeffrey J. Cote, sold 41,816 shares of the company’s stock at an average price of $45.00, for a total value of $1,881,720.00 on January 12th, 2022. Following the transaction, the CEO now owns 141,024 shares, valued at approximately $6,346,080. Insiders currently own 1.00% of the stock.
About Sensata Technologies
Sensata Technologies Holding plc is a scientific and technical instruments company that offers sensing, electrical protection, control, and power management solutions. The company’s products are used in automotive, appliance, aircraft, industrial, military, and aerospace applications.
Sensata Technologies Holding Plc (NYSE:ST) – An Overview
Sensata Technologies Holding Plc is a global industrial technology company that develops, manufactures, and sells sensors and sensor-rich solutions, electrical protection components and systems, and other products used in mission-critical systems and applications. The company operates through the Performance Sensing and Sensing Solutions segments. For the latest 13F filings and insider trades for Sensata Technologies Holding plc, you can visit HoldingsChannel.com. To receive a daily summary of news and analysts’ ratings for Sensata Technologies and related companies, you can subscribe to MarketBeat.com’s free daily email newsletter.
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