Zacks Investment Research downgraded shares of Sensata Technologies Holding N.V. (NYSE:ST) from a buy rating to a hold rating in a research report report published on Wednesday.

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. “

A number of other equities research analysts also recently weighed in on ST. Cowen and Company reiterated a hold rating and set a $45.00 price target on shares of Sensata Technologies Holding N.V. in a research note on Sunday, September 17th. BidaskClub upgraded shares of Sensata Technologies Holding N.V. from a buy rating to a strong-buy rating in a research note on Wednesday, July 12th. Oppenheimer Holdings, Inc. lifted 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 research note on Wednesday, July 26th. Citigroup Inc. lifted 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 research note on Wednesday, July 26th. Finally, Stifel Nicolaus reiterated a buy rating and set a $51.00 price target (up previously from $48.00) on shares of Sensata Technologies Holding N.V. in a research note 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. The stock has a consensus rating of Buy and a consensus target price of $49.38.

Shares of Sensata Technologies Holding N.V. (NYSE:ST) traded up 1.19% during mid-day trading on Wednesday, hitting $47.56. 668,451 shares of the company’s stock were exchanged. The firm has a 50 day moving average price of $46.73 and a 200-day moving average price of $46.73. The company has a market capitalization of $8.14 billion, a price-to-earnings ratio of 28.48 and a beta of 1.45. Sensata Technologies Holding N.V. has a 52 week low of $35.10 and a 52 week high of $47.72.

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

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In other Sensata Technologies Holding N.V. news, Director Thomas Wroe, Jr. sold 40,000 shares of Sensata Technologies Holding N.V. stock in a transaction on Friday, July 14th. The stock was sold at an average price of $44.85, for a total transaction of $1,794,000.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Over the last three months, insiders have sold 134,105 shares of company stock valued at $6,047,976. Company insiders own 1.00% of the company’s stock.

Hedge funds and other institutional investors have recently modified their holdings of the business. Capital Advisors Inc. OK bought a new position in shares of Sensata Technologies Holding N.V. during the second quarter valued at $7,549,000. Rhumbline Advisers bought a new position in shares of Sensata Technologies Holding N.V. during the second quarter valued at $7,016,000. Sentry Investments Corp. lifted its holdings in shares of Sensata Technologies Holding N.V. by 180.7% during the first 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 acquiring an additional 708,400 shares during the period. AXA raised its holdings in shares of Sensata Technologies Holding N.V. by 34.2% in the first quarter. AXA now owns 554,089 shares of the scientific and technical instruments company’s stock valued at $24,197,000 after buying an additional 141,302 shares during the last quarter. Finally, Laurion Capital Management LP bought a new position in shares of Sensata Technologies Holding N.V. in the first quarter valued at about $9,891,000.

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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