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

Sensata Technologies Holding plc (NYSE:STGet Free Report) 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.

Get Our Latest Stock Analysis on ST

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:STGet Free Report) 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

(Get Free Report

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.

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Analyst Recommendations for Sensata Technologies (NYSE:ST)

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