Zacks Investment Research upgraded shares of Sensata Technologies Holding N.V. (NYSE:ST) from a hold rating to a buy rating in a research report report published on Tuesday morning. They currently have $50.00 target price on the scientific and technical instruments company’s stock.

According to Zacks, “Sensata Technologies B.V., through its subsidiaries, is a supplier of sensing, electrical protection, control and power management solutions. The Company produces a range of sensors and controls for mission critical applications, such as thermal circuit breakers in aircraft, pressure sensors in automotive systems, and bimetal current and temperature control devices in electric motors. Sensata’s products include pressure sensors, force sensors, position sensors, motor protectors, and thermal and magnetic-hydraulic circuit breakers and switches. It develops solutions for specific customer requirements or applications across automotive, appliance, aircraft, industrial, military, heavy vehicle, heating, air-conditioning, data, telecommunications, recreational vehicle and marine applications. Sensata Technologies B.V. is based in Almelo, the Netherlands. “

ST has been the topic of a number of other research reports. Citigroup Inc. increased their price target on shares of Sensata Technologies Holding N.V. from $48.00 to $49.00 and gave the stock a neutral rating in a report on Wednesday, July 26th. Stifel Nicolaus reissued a buy rating and issued a $48.00 price target on shares of Sensata Technologies Holding N.V. in a report on Friday, July 14th. Barclays PLC reissued an overweight rating and issued a $52.00 price target on shares of Sensata Technologies Holding N.V. in a report on Friday, July 7th. BidaskClub lowered shares of Sensata Technologies Holding N.V. from a strong-buy rating to a buy rating in a report on Tuesday, July 25th. Finally, Oppenheimer Holdings, Inc. increased their price target on shares of Sensata Technologies Holding N.V. from $48.00 to $53.00 and gave the stock an outperform rating in a report on Wednesday, July 26th. Five equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Sensata Technologies Holding N.V. has a consensus rating of Buy and an average price target of $49.00.

Shares of Sensata Technologies Holding N.V. (NYSE ST) opened at 47.18 on Tuesday. The company has a market cap of $8.08 billion, a PE ratio of 28.25 and a beta of 1.45. The firm’s 50 day moving average is $46.45 and its 200-day moving average is $44.23. Sensata Technologies Holding N.V. has a 1-year low of $35.10 and a 1-year high of $47.26.

Sensata Technologies Holding N.V. (NYSE:ST) last issued its quarterly earnings results on Tuesday, July 25th. The scientific and technical instruments company reported $0.81 EPS for the quarter, topping the Zacks’ consensus estimate of $0.78 by $0.03. The firm had revenue of $839.90 million for the quarter, compared to analyst estimates of $835.09 million. Sensata Technologies Holding N.V. had a net margin of 8.91% and a return on equity of 26.18%. The business’s revenue for the quarter was up 1.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.73 EPS. Equities analysts expect that Sensata Technologies Holding N.V. will post $3.17 earnings per share for the current year.

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In related news, Director Thomas Wroe, Jr. sold 45,000 shares of the stock in a transaction on Tuesday, July 25th. The shares were sold at an average price of $46.47, for a total transaction of $2,091,150.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. In the last ninety days, insiders have sold 134,105 shares of company stock worth $6,047,976. 1.00% of the stock is owned by insiders.

Hedge funds have recently added to or reduced their stakes in the stock. Henderson Group PLC grew its holdings in shares of Sensata Technologies Holding N.V. by 4.1% during the 1st quarter. Henderson Group PLC now owns 25,556 shares of the scientific and technical instruments company’s stock valued at $1,116,000 after purchasing an additional 1,000 shares during the last quarter. Rhumbline Advisers bought a new position in shares of Sensata Technologies Holding N.V. during the 2nd quarter valued at $7,016,000. Thomas White International Ltd. bought a new position in shares of Sensata Technologies Holding N.V. during the 1st quarter valued at $1,947,000. Sentry Investments Corp. grew its holdings in shares of Sensata Technologies Holding N.V. by 180.7% during the 1st quarter. Sentry Investments Corp. now owns 1,100,400 shares of the scientific and technical instruments company’s stock valued at $48,054,000 after purchasing an additional 708,400 shares during the last quarter. Finally, Capital Advisors Inc. OK bought a new position in shares of Sensata Technologies Holding N.V. during the 2nd quarter valued at $7,549,000.

Sensata Technologies Holding N.V. Company Profile

Sensata Technologies Holding N.V. is an industrial technology company. The Company is engaged in the development, manufacture, and sale of sensors and controls. The Company operates through two segments: Performance Sensing and Sensing Solutions. It produces a range of sensors and controls for applications, such as pressure sensors in automotive systems, thermal circuit breakers in aircraft, and bimetal current and temperature control devices.

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Analyst Recommendations for Sensata Technologies Holding N.V. (NYSE:ST)

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