Key Points
- Sensata Technologies EVP David Stott sold 6,335 shares on May 20 at an average price of $47.40, for proceeds of about $300,279. After the transaction, he still held 39,687 shares.
- The stock has been trading near its 52-week high, opening at $48.65 and gaining 2.5% in the session reported. Sensata’s 12-month range is $24.69 to $49.36.
- Analysts remain mixed on ST, with a consensus rating of “Hold” and an average price target of $44.60. Several firms recently raised price targets, while insider and institutional ownership remain significant.
Sensata Technologies Holding N.V. (NYSE:ST - Get Free Report) EVP David Stott sold 6,335 shares of the company's stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $47.40, for a total value of $300,279.00. Following the sale, the executive vice president directly owned 39,687 shares of the company's stock, valued at $1,881,163.80. The trade was a 13.77% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
Sensata Technologies Stock Up 2.5%
Shares of Sensata Technologies stock opened at $48.65 on Friday. The stock has a market capitalization of $7.08 billion, a P/E ratio of 156.95, a PEG ratio of 1.37 and a beta of 1.21. The company has a quick ratio of 1.95, a current ratio of 2.75 and a debt-to-equity ratio of 1.00. The stock has a 50 day moving average price of $39.86 and a two-hundred day moving average price of $36.10. Sensata Technologies Holding N.V. has a 12-month low of $24.69 and a 12-month high of $49.36.
Sensata Technologies (NYSE:ST - Get Free Report) last announced its earnings results on Tuesday, March 31st. The scientific and technical instruments company reported $0.86 earnings per share (EPS) for the quarter. The firm had revenue of $934.80 million during the quarter. Sensata Technologies had a return on equity of 18.23% and a net margin of 1.28%. Equities analysts expect that Sensata Technologies Holding N.V. will post 3.73 earnings per share for the current year.
Sensata Technologies Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 27th. Stockholders of record on Wednesday, May 13th will be given a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend is Wednesday, May 13th. Sensata Technologies's dividend payout ratio is currently 154.84%.
Hedge Funds Weigh In On Sensata Technologies
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its holdings in Sensata Technologies by 2.4% during the third quarter. Vanguard Group Inc. now owns 14,997,522 shares of the scientific and technical instruments company's stock worth $458,174,000 after buying an additional 346,547 shares during the last quarter. Janus Henderson Group PLC raised its position in shares of Sensata Technologies by 1.1% during the first quarter. Janus Henderson Group PLC now owns 10,402,517 shares of the scientific and technical instruments company's stock worth $366,376,000 after purchasing an additional 112,819 shares during the period. Dimensional Fund Advisors LP raised its position in shares of Sensata Technologies by 1.7% during the first quarter. Dimensional Fund Advisors LP now owns 7,391,230 shares of the scientific and technical instruments company's stock worth $260,302,000 after purchasing an additional 125,127 shares during the period. Woodline Partners LP raised its position in shares of Sensata Technologies by 165.4% during the third quarter. Woodline Partners LP now owns 4,975,745 shares of the scientific and technical instruments company's stock worth $152,009,000 after purchasing an additional 3,100,927 shares during the period. Finally, Barrow Hanley Mewhinney & Strauss LLC raised its position in Sensata Technologies by 28.7% in the 4th quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 4,313,603 shares of the scientific and technical instruments company's stock valued at $143,600,000 after buying an additional 961,457 shares during the last quarter. Institutional investors own 99.42% of the company's stock.
Wall Street Analyst Weigh In
Several equities research analysts have recently weighed in on the company. Wells Fargo & Company increased their price objective on Sensata Technologies from $37.00 to $42.00 and gave the company an "equal weight" rating in a research report on Wednesday, April 29th. UBS Group increased their price objective on Sensata Technologies from $45.00 to $48.00 and gave the stock a "buy" rating in a research note on Wednesday, April 29th. Robert W. Baird increased their price objective on Sensata Technologies from $39.00 to $40.00 and gave the stock a "neutral" rating in a research note on Friday, February 20th. Barclays increased their price objective on Sensata Technologies from $48.00 to $49.00 and gave the stock an "overweight" rating in a research note on Wednesday, April 29th. Finally, Weiss Ratings upgraded Sensata Technologies from a "sell (d+)" rating to a "hold (c-)" rating in a research note on Monday, March 2nd. Five research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $44.60.
Check Out Our Latest Stock Analysis on Sensata Technologies
About Sensata Technologies
(
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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