7,835 Shares in Sensata Technologies Holding plc (NYSE:ST) Bought by 272 Capital LP

272 Capital LP bought a new stake in Sensata Technologies Holding plc (NYSE:ST) during the 3rd quarter, Holdings Channel reports. The fund bought 7,835 shares of the scientific and technical instruments company’s stock, valued at approximately $292,000.

Several other hedge funds have also recently added to or reduced their stakes in ST. Franklin Resources Inc. raised its holdings in Sensata Technologies by 3.7% in the third quarter. Franklin Resources Inc. now owns 11,442 shares of the scientific and technical instruments company’s stock worth $418,000 after purchasing an additional 403 shares during the period. Tidal Investments LLC raised its stake in Sensata Technologies by 1.1% during the 3rd quarter. Tidal Investments LLC now owns 29,346 shares of the scientific and technical instruments company’s stock worth $1,052,000 after buying an additional 314 shares during the period. Geode Capital Management LLC raised its stake in Sensata Technologies by 1.0% during the 3rd quarter. Geode Capital Management LLC now owns 2,520,062 shares of the scientific and technical instruments company’s stock worth $90,393,000 after buying an additional 24,707 shares during the period. Barclays PLC lifted its holdings in Sensata Technologies by 14.9% during the third quarter. Barclays PLC now owns 77,759 shares of the scientific and technical instruments company’s stock worth $2,788,000 after acquiring an additional 10,107 shares in the last quarter. Finally, Public Employees Retirement System of Ohio grew its stake in Sensata Technologies by 2.6% in the third quarter. Public Employees Retirement System of Ohio now owns 58,479 shares of the scientific and technical instruments company’s stock valued at $2,097,000 after acquiring an additional 1,508 shares during the period. Institutional investors and hedge funds own 99.42% of the company’s stock.

Sensata Technologies Stock Performance

Shares of Sensata Technologies stock opened at $30.44 on Friday. Sensata Technologies Holding plc has a 12-month low of $30.05 and a 12-month high of $43.14. The company has a current ratio of 2.60, a quick ratio of 1.76 and a debt-to-equity ratio of 1.08. The business’s 50 day moving average is $33.45 and its 200-day moving average is $36.24.

Sensata Technologies (NYSE:ST) last announced its quarterly earnings data on Monday, November 4th. The scientific and technical instruments company reported $0.86 EPS for the quarter, meeting analysts’ consensus estimates of $0.86. Sensata Technologies had a negative net margin of 1.98% and a positive return on equity of 17.68%. The company had revenue of $982.80 million during the quarter, compared to the consensus estimate of $983.93 million. During the same quarter last year, the firm posted $0.91 EPS. The company’s quarterly revenue was down 1.8% on a year-over-year basis. On average, equities research analysts predict that Sensata Technologies Holding plc will post 3.43 earnings per share for the current year.

Sensata Technologies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 13th were given a $0.12 dividend. The ex-dividend date of this dividend was Wednesday, November 13th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.58%. Sensata Technologies’s payout ratio is -88.89%.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the company. TD Cowen cut their price objective on Sensata Technologies from $50.00 to $45.00 and set a “buy” rating on the stock in a report on Wednesday, November 6th. Stifel Nicolaus lowered their price objective on shares of Sensata Technologies from $43.00 to $38.00 and set a “hold” rating for the company in a research report on Tuesday, November 5th. Wolfe Research assumed coverage on shares of Sensata Technologies in a research report on Thursday, September 5th. They issued a “peer perform” rating on the stock. Evercore ISI lowered their target price on Sensata Technologies from $60.00 to $50.00 and set an “outperform” rating for the company in a report on Tuesday, October 15th. Finally, Oppenheimer cut their price target on Sensata Technologies from $47.00 to $44.00 and set an “outperform” rating on the stock in a report on Tuesday, November 5th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, Sensata Technologies presently has a consensus rating of “Hold” and a consensus price target of $41.00.

Sensata Technologies Company Profile

Sensata Technologies Holding plc develops, manufactures, and sells sensors and sensor-rich solutions, electrical protection components and systems, and other products used in mission-critical systems and applications in the United States and internationally. It operates in two segments, Performance Sensing and Sensing Solutions.