Sensata Technologies Holding N.V. (NYSE:ST) Receives $36.10 Average Target Price from Analysts

Sensata Technologies Holding N.V. (NYSE:ST) has been given an average recommendation of “Hold” by the eleven ratings firms that are currently covering the stock, Marketbeat.com reports. Two analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $36.10.

A number of brokerages have recently issued reports on ST. Barclays decreased their target price on Sensata Technologies from $43.00 to $40.00 and set an “overweight” rating on the stock in a research report on Monday, January 12th. Weiss Ratings restated a “sell (d)” rating on shares of Sensata Technologies in a research report on Monday, December 29th. Wells Fargo & Company lifted their target price on shares of Sensata Technologies from $34.00 to $37.00 and gave the company an “equal weight” rating in a research report on Monday, January 12th. Oppenheimer restated an “outperform” rating and set a $43.00 price target on shares of Sensata Technologies in a research report on Wednesday, December 17th. Finally, Evercore ISI set a $32.00 price target on shares of Sensata Technologies in a research note on Wednesday, October 29th.

Sensata Technologies Stock Performance

NYSE ST opened at $34.58 on Thursday. The stock has a market capitalization of $5.04 billion, a price-to-earnings ratio of -172.89, a PEG ratio of 1.32 and a beta of 1.15. The stock has a 50-day moving average of $34.04 and a 200 day moving average of $32.29. The company has a current ratio of 2.91, a quick ratio of 2.10 and a debt-to-equity ratio of 1.18. Sensata Technologies has a twelve month low of $17.32 and a twelve month high of $36.25.

Sensata Technologies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, February 25th. Stockholders of record on Wednesday, February 11th will be given a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Wednesday, February 11th. Sensata Technologies’s dividend payout ratio (DPR) is -240.00%.

Insider Activity at Sensata Technologies

In related news, EVP David K. Stott sold 839 shares of the stock in a transaction on Tuesday, November 11th. The stock was sold at an average price of $30.80, for a total value of $25,841.20. Following the completion of the transaction, the executive vice president directly owned 35,444 shares of the company’s stock, valued at approximately $1,091,675.20. This represents a 2.31% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Ali John Mirshekari sold 33,933 shares of Sensata Technologies stock in a transaction on Friday, November 21st. The stock was sold at an average price of $29.53, for a total transaction of $1,002,041.49. The SEC filing for this sale provides additional information. Insiders have sold 269,149 shares of company stock valued at $7,776,297 over the last quarter. 0.89% of the stock is owned by company insiders.

Institutional Trading of Sensata Technologies

Hedge funds have recently bought and sold shares of the business. First Citizens Bank & Trust Co. acquired a new position in Sensata Technologies during the third quarter worth $1,002,000. Allspring Global Investments Holdings LLC purchased a new position in shares of Sensata Technologies during the 3rd quarter worth $864,000. Oliver Luxxe Assets LLC boosted its position in shares of Sensata Technologies by 47.8% during the 3rd quarter. Oliver Luxxe Assets LLC now owns 87,122 shares of the scientific and technical instruments company’s stock valued at $2,662,000 after acquiring an additional 28,158 shares during the last quarter. Envestnet Portfolio Solutions Inc. purchased a new stake in shares of Sensata Technologies in the third quarter valued at about $1,163,000. Finally, Seizert Capital Partners LLC purchased a new stake in shares of Sensata Technologies in the third quarter valued at about $1,865,000. Institutional investors and hedge funds own 99.42% of the company’s stock.

Sensata Technologies Company Profile

Sensata Technologies Holdings N.V. is a global industrial technology company specializing in the design, development and manufacture of sensors and electrical protection solutions. The company’s product portfolio includes pressure, temperature, position, speed, current and magnetic sensors, as well as circuit breakers and other protection devices. Sensata’s offerings serve a wide array of end markets, with a particularly strong presence in automotive original equipment manufacturers (OEMs), industrial automation, heating, ventilation and air conditioning (HVAC), commercial aerospace and renewable energy sectors.

Headquartered in Attleboro, Massachusetts, Sensata operates a network of manufacturing and engineering facilities across North America, Europe, Asia Pacific and Latin America.