Key Points
- Lynne Caljouw, Sensata Technologies' EVP, sold 2,913 shares on April 7 at an average price of $34.71 for proceeds of $101,110, reducing her stake by 3.85% to 72,842 shares (SEC filing).
- Sensata beat quarterly expectations with EPS of $0.88 versus a $0.86 consensus and revenue of $917.9M (up 1.1% YoY), while analysts’ consensus rating is a Hold with an average price target of $40.20.
- The company pays a $0.12 quarterly dividend (≈1.2% yield) but has a notably high dividend payout ratio of 252.63%, and trades at a market cap of $5.64B with a P/E around 203.65.
Sensata Technologies Holding N.V. (NYSE:ST - Get Free Report) EVP Lynne Caljouw sold 2,913 shares of the stock in a transaction that occurred on Tuesday, April 7th. The shares were sold at an average price of $34.71, for a total transaction of $101,110.23. Following the completion of the sale, the executive vice president directly owned 72,842 shares of the company's stock, valued at approximately $2,528,345.82. This trade represents a 3.85% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
Sensata Technologies Stock Performance
Sensata Technologies stock opened at $38.69 on Friday. The firm has a 50 day simple moving average of $35.61 and a 200-day simple moving average of $33.61. Sensata Technologies Holding N.V. has a 1-year low of $18.57 and a 1-year high of $39.09. The company has a debt-to-equity ratio of 1.02, a current ratio of 2.57 and a quick ratio of 1.78. The stock has a market cap of $5.64 billion, a price-to-earnings ratio of 203.65, a price-to-earnings-growth ratio of 1.10 and a beta of 1.14.
Sensata Technologies (NYSE:ST - Get Free Report) last posted its quarterly earnings results on Saturday, February 14th. The scientific and technical instruments company reported $0.88 earnings per share for the quarter, beating the consensus estimate of $0.86 by $0.02. Sensata Technologies had a net margin of 0.83% and a return on equity of 17.92%. The business had revenue of $917.88 million during the quarter, compared to analysts' expectations of $911.03 million. During the same quarter in the prior year, the company posted $0.76 EPS. The business's revenue for the quarter was up 1.1% on a year-over-year basis. On average, analysts expect that Sensata Technologies Holding N.V. will post 3.21 EPS for the current year.
Sensata Technologies Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Wednesday, February 25th. Stockholders of record on Wednesday, February 11th were paid a $0.12 dividend. The ex-dividend date of this dividend was Wednesday, February 11th. This represents a $0.48 annualized dividend and a dividend yield of 1.2%. Sensata Technologies's dividend payout ratio is 252.63%.
Wall Street Analyst Weigh In
Several analysts have recently weighed in on ST shares. Bank of America increased their price target on shares of Sensata Technologies from $37.00 to $40.00 and gave the company a "neutral" rating in a research note on Friday, February 20th. Oppenheimer increased their price target on shares of Sensata Technologies from $43.00 to $50.00 and gave the company an "outperform" rating in a research note on Friday, February 27th. Wells Fargo & Company increased their price objective on shares of Sensata Technologies from $34.00 to $37.00 and gave the stock an "equal weight" rating in a research report on Monday, January 12th. JPMorgan Chase & Co. increased their price objective on shares of Sensata Technologies from $32.00 to $34.00 and gave the stock an "underweight" rating in a research report on Monday, February 23rd. Finally, Robert W. Baird increased their price objective on shares of Sensata Technologies from $39.00 to $40.00 and gave the stock a "neutral" rating in a research report on Friday, February 20th. Four analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Sensata Technologies presently has an average rating of "Hold" and a consensus target price of $40.20.
Check Out Our Latest Stock Analysis on ST
Hedge Funds Weigh In On Sensata Technologies
Hedge funds have recently made changes to their positions in the stock. Smartleaf Asset Management LLC boosted its position in shares of Sensata Technologies by 659.7% during the 3rd quarter. Smartleaf Asset Management LLC now owns 904 shares of the scientific and technical instruments company's stock worth $27,000 after purchasing an additional 785 shares during the period. CIBC Private Wealth Group LLC boosted its position 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 worth $28,000 after purchasing an additional 728 shares during the period. First Horizon Corp purchased a new position in shares of Sensata Technologies during the 3rd quarter worth approximately $29,000. EFG International AG purchased a new position in shares of Sensata Technologies during the 4th quarter worth approximately $33,000. Finally, True Wealth Design LLC boosted its position in shares of Sensata Technologies by 62.6% during the 3rd quarter. True Wealth Design LLC now owns 1,135 shares of the scientific and technical instruments company's stock worth $35,000 after purchasing an additional 437 shares during the period. Hedge funds and other institutional investors own 99.42% of the company's stock.
Sensata Technologies Company Profile
(
Get 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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