AXQ Capital LP Purchases New Position in Sensata Technologies Holding plc (NYSE:ST)

AXQ Capital LP acquired a new position in Sensata Technologies Holding plc (NYSE:ST) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 19,709 shares of the scientific and technical instruments company’s stock, valued at approximately $540,000.

Several other large investors have also bought and sold shares of ST. Tidal Investments LLC grew its position in shares of Sensata Technologies by 1.1% in 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. Franklin Resources Inc. boosted its stake in Sensata Technologies by 3.7% during the third quarter. Franklin Resources Inc. now owns 11,442 shares of the scientific and technical instruments company’s stock worth $418,000 after acquiring an additional 403 shares in the last quarter. Arizona State Retirement System grew its holdings in Sensata Technologies by 0.9% in the fourth quarter. Arizona State Retirement System now owns 43,810 shares of the scientific and technical instruments company’s stock worth $1,200,000 after purchasing an additional 405 shares during the period. Quarry LP increased its stake in shares of Sensata Technologies by 61.2% during the third quarter. Quarry LP now owns 1,714 shares of the scientific and technical instruments company’s stock valued at $61,000 after purchasing an additional 651 shares in the last quarter. Finally, Jones Financial Companies Lllp lifted its holdings in shares of Sensata Technologies by 9.4% during the fourth quarter. Jones Financial Companies Lllp now owns 7,751 shares of the scientific and technical instruments company’s stock valued at $212,000 after purchasing an additional 668 shares during the last quarter. 99.42% of the stock is owned by institutional investors.

Sensata Technologies Trading Down 2.6 %

NYSE:ST opened at $27.17 on Friday. The company has a market cap of $4.06 billion, a PE ratio of 32.35, a price-to-earnings-growth ratio of 1.25 and a beta of 1.20. The company has a current ratio of 2.85, a quick ratio of 1.99 and a debt-to-equity ratio of 1.11. The company has a 50 day simple moving average of $27.92 and a two-hundred day simple moving average of $30.98. Sensata Technologies Holding plc has a 12 month low of $24.91 and a 12 month high of $43.14.

Sensata Technologies (NYSE:ST) last released its quarterly 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 return on equity of 17.54% and a net margin of 3.27%. Research analysts forecast that Sensata Technologies Holding plc will post 3.21 earnings per share for the current year.

Sensata Technologies Dividend Announcement

The firm also recently disclosed 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 of this dividend was Wednesday, February 12th. Sensata Technologies’s dividend payout ratio (DPR) is presently 57.14%.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on ST shares. Oppenheimer reduced their price objective on 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 reduced their price target on Sensata Technologies from $43.00 to $40.00 and set an “outperform” rating for the company in a report on Friday, January 17th. The Goldman Sachs Group dropped their price target on shares of Sensata Technologies from $36.00 to $32.00 and set a “neutral” rating on the stock in a research note on Thursday, January 16th. Finally, UBS Group reduced their price objective on shares of Sensata Technologies from $38.00 to $37.00 and set a “buy” rating for the company in a research note on Wednesday, February 12th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have given a buy rating to the stock. According to MarketBeat, Sensata Technologies presently has a consensus rating of “Hold” and an average price target of $39.08.

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.