Brokerages Set Sensata Technologies Holding plc (NYSE:ST) Price Target at $39.08

Sensata Technologies Holding plc (NYSE:ST) has earned an average rating of “Hold” from the thirteen brokerages that are presently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and five have given a buy rating to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $39.08.

A number of brokerages recently issued reports on ST. Oppenheimer dropped their target price on shares of Sensata Technologies from $44.00 to $40.00 and set an “outperform” rating for the company in a research report on Thursday, February 13th. Evercore ISI dropped their target price on shares of Sensata Technologies from $43.00 to $40.00 and set an “outperform” rating for the company in a research report on Friday, January 17th. The Goldman Sachs Group dropped their target price on shares of Sensata Technologies from $36.00 to $32.00 and set a “neutral” rating for the company in a research report on Thursday, January 16th. Finally, UBS Group decreased their price objective on shares of Sensata Technologies from $38.00 to $37.00 and set a “buy” rating on the stock in a report on Wednesday, February 12th.

Sensata Technologies Trading Up 2.7 %

Shares of ST stock opened at $27.18 on Monday. Sensata Technologies has a 52-week low of $24.91 and a 52-week high of $43.14. The stock has a market cap of $4.07 billion, a price-to-earnings ratio of 32.36, a P/E/G ratio of 1.25 and a beta of 1.20. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.99 and a current ratio of 2.85. The firm has a fifty day moving average of $27.93 and a 200-day moving average of $31.29.

Sensata Technologies (NYSE:ST) last announced its earnings results on Tuesday, February 11th. The scientific and technical instruments company reported $0.76 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.76. Sensata Technologies had a net margin of 3.27% and a return on equity of 17.54%. On average, equities research analysts forecast that Sensata Technologies will post 3.21 earnings per share for the current fiscal year.

Sensata Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, February 26th. Stockholders of record on Wednesday, February 12th were paid a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 1.77%. The ex-dividend date was Wednesday, February 12th. Sensata Technologies’s dividend payout ratio (DPR) is presently 57.14%.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Janus Henderson Group PLC boosted its stake in shares of Sensata Technologies by 0.5% in the 4th quarter. Janus Henderson Group PLC now owns 9,767,232 shares of the scientific and technical instruments company’s stock valued at $267,621,000 after purchasing an additional 44,233 shares during the last quarter. Price T Rowe Associates Inc. MD raised its position in shares of Sensata Technologies by 36.4% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 7,821,428 shares of the scientific and technical instruments company’s stock valued at $214,308,000 after acquiring an additional 2,088,161 shares during the period. Boston Partners raised its position in shares of Sensata Technologies by 11.6% in the 4th quarter. Boston Partners now owns 6,526,941 shares of the scientific and technical instruments company’s stock valued at $179,087,000 after acquiring an additional 677,316 shares during the period. Dimensional Fund Advisors LP raised its position in shares of Sensata Technologies by 12.6% in the 4th quarter. Dimensional Fund Advisors LP now owns 5,808,186 shares of the scientific and technical instruments company’s stock valued at $159,143,000 after acquiring an additional 648,028 shares during the period. Finally, State Street Corp raised its position in shares of Sensata Technologies by 0.4% in the 3rd quarter. State Street Corp now owns 5,470,903 shares of the scientific and technical instruments company’s stock valued at $196,187,000 after acquiring an additional 23,946 shares during the period. Institutional investors own 99.42% of the company’s stock.

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.