Sterling Capital Management LLC lessened its holdings in Sensata Technologies Holding (NYSE:ST) by 0.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,971,280 shares of the scientific and technical instruments company’s stock after selling 3,629 shares during the period. Sensata Technologies comprises about 0.9% of Sterling Capital Management LLC’s portfolio, making the stock its 25th largest holding. Sterling Capital Management LLC’s holdings in Sensata Technologies were worth $100,752,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Advisor Group Inc. increased its stake in Sensata Technologies by 73.5% during the 4th quarter. Advisor Group Inc. now owns 2,731 shares of the scientific and technical instruments company’s stock worth $140,000 after buying an additional 1,157 shares in the last quarter. American International Group Inc. purchased a new stake in shares of Sensata Technologies in the fourth quarter valued at approximately $193,000. Skba Capital Management LLC purchased a new stake in shares of Sensata Technologies in the third quarter valued at approximately $201,000. BB&T Corp purchased a new stake in shares of Sensata Technologies in the fourth quarter valued at approximately $215,000. Finally, Saturna Capital CORP purchased a new stake in shares of Sensata Technologies in the third quarter valued at approximately $249,000.

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In related news, EVP Jeffrey J. Cote sold 5,000 shares of the company’s stock in a transaction that occurred on Monday, March 12th. The stock was sold at an average price of $54.50, for a total value of $272,500.00. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Steven Beringhause sold 3,720 shares of the company’s stock in a transaction that occurred on Wednesday, January 17th. The shares were sold at an average price of $54.85, for a total value of $204,042.00. The disclosure for this sale can be found here. Corporate insiders own 1.00% of the company’s stock.

A number of equities research analysts have recently issued reports on the company. Zacks Investment Research upgraded Sensata Technologies from a “hold” rating to a “buy” rating and set a $59.00 price target for the company in a research report on Wednesday, January 10th. Morgan Stanley upped their price target on Sensata Technologies from $48.00 to $50.00 and gave the company an “equal weight” rating in a research report on Wednesday, December 13th. Stifel Nicolaus restated a “buy” rating and issued a $63.00 price target on shares of Sensata Technologies in a research report on Thursday, February 1st. BMO Capital Markets upped their price target on Sensata Technologies from $45.00 to $47.00 and gave the company a “market perform” rating in a research report on Wednesday, December 13th. Finally, ValuEngine upgraded Sensata Technologies from a “hold” rating to a “buy” rating in a research report on Friday, February 2nd. Seven investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $57.00.

Sensata Technologies stock traded down $0.30 on Monday, reaching $53.18. The company had a trading volume of 15,154 shares, compared to its average volume of 1,062,587. Sensata Technologies Holding has a 12-month low of $38.71 and a 12-month high of $57.40. The firm has a market capitalization of $9,167.10, a PE ratio of 16.71, a PEG ratio of 1.46 and a beta of 1.51. The company has a quick ratio of 2.23, a current ratio of 2.94 and a debt-to-equity ratio of 1.39.

Sensata Technologies (NYSE:ST) last released its quarterly earnings data on Thursday, February 1st. The scientific and technical instruments company reported $0.87 EPS for the quarter, beating analysts’ consensus estimates of $0.85 by $0.02. Sensata Technologies had a return on equity of 25.40% and a net margin of 12.35%. The firm had revenue of $840.53 million for the quarter, compared to analysts’ expectations of $822.31 million. During the same period in the prior year, the firm posted $0.76 earnings per share. The firm’s quarterly revenue was up 6.6% on a year-over-year basis. equities analysts predict that Sensata Technologies Holding will post 3.66 earnings per share for the current year.

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Sensata Technologies 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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Institutional Ownership by Quarter for Sensata Technologies (NYSE:ST)

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