Tudor Investment Corp ET AL Sells 252,554 Shares of Sensata Technologies Holding N.V. $ST

Tudor Investment Corp ET AL lessened its position in Sensata Technologies Holding N.V. (NYSE:ST) by 55.4% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 203,613 shares of the scientific and technical instruments company’s stock after selling 252,554 shares during the period. Tudor Investment Corp ET AL’s holdings in Sensata Technologies were worth $6,220,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. raised its holdings in Sensata Technologies by 2.4% in the 3rd quarter. Vanguard Group Inc. now owns 14,997,522 shares of the scientific and technical instruments company’s stock worth $458,174,000 after acquiring an additional 346,547 shares during the period. Dimensional Fund Advisors LP increased its holdings in shares of Sensata Technologies by 2.2% during the 3rd quarter. Dimensional Fund Advisors LP now owns 7,023,238 shares of the scientific and technical instruments company’s stock worth $214,557,000 after purchasing an additional 150,013 shares during the period. Woodline Partners LP increased its holdings in shares of Sensata Technologies by 165.4% during the 3rd quarter. Woodline Partners LP now owns 4,975,745 shares of the scientific and technical instruments company’s stock worth $152,009,000 after purchasing an additional 3,100,927 shares during the period. Barrow Hanley Mewhinney & Strauss LLC increased its holdings in shares of Sensata Technologies by 16.4% during the 3rd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 3,352,146 shares of the scientific and technical instruments company’s stock worth $102,408,000 after purchasing an additional 471,274 shares during the period. Finally, Boston Partners increased its holdings in shares of Sensata Technologies by 1.1% during the 3rd quarter. Boston Partners now owns 2,824,838 shares of the scientific and technical instruments company’s stock worth $86,606,000 after purchasing an additional 29,664 shares during the period. Institutional investors own 99.42% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on ST. Robert W. Baird boosted their price objective on shares of Sensata Technologies from $39.00 to $40.00 and gave the stock a “neutral” rating in a report on Friday, February 20th. Barclays boosted their price objective on shares of Sensata Technologies from $40.00 to $44.00 and gave the stock an “overweight” rating in a report on Thursday, February 26th. Wall Street Zen upgraded shares of Sensata Technologies from a “buy” rating to a “strong-buy” rating in a report on Saturday. Truist Financial boosted their price objective on shares of Sensata Technologies from $35.00 to $38.00 and gave the stock a “hold” rating in a report on Friday, February 20th. Finally, Bank of America boosted their price objective on shares of Sensata Technologies from $37.00 to $40.00 and gave the stock a “neutral” rating in a report on Friday, February 20th. Four equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $40.20.

Insiders Place Their Bets

In related news, EVP Lynne J. Caljouw sold 2,480 shares of the company’s stock in a transaction dated Wednesday, March 18th. The shares were sold at an average price of $34.50, for a total value of $85,560.00. Following the sale, the executive vice president owned 61,560 shares of the company’s stock, valued at $2,123,820. The trade was a 3.87% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.89% of the stock is currently owned by insiders.

Sensata Technologies Stock Performance

NYSE ST opened at $34.97 on Wednesday. The stock has a market cap of $5.10 billion, a P/E ratio of 184.04, a PEG ratio of 1.02 and a beta of 1.14. The company’s 50-day simple moving average is $35.47 and its 200 day simple moving average is $33.55. Sensata Technologies Holding N.V. has a twelve month low of $17.32 and a twelve month high of $39.09. The company has a quick ratio of 1.78, a current ratio of 2.57 and a debt-to-equity ratio of 1.02.

Sensata Technologies (NYSE:ST) last posted its earnings results on Saturday, February 14th. The scientific and technical instruments company reported $0.88 earnings per share for the quarter, beating analysts’ consensus estimates of $0.86 by $0.02. The business had revenue of $917.88 million for the quarter, compared to analysts’ expectations of $911.03 million. Sensata Technologies had a net margin of 0.83% and a return on equity of 17.92%. The firm’s revenue for the quarter was up 1.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.76 earnings per share. As a group, research analysts forecast that Sensata Technologies Holding N.V. will post 3.21 earnings per share for the current fiscal year.

Sensata Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, February 25th. Investors of record on Wednesday, February 11th were paid a $0.12 dividend. The ex-dividend date of this dividend was Wednesday, February 11th. This represents a $0.48 dividend on an annualized basis and a yield of 1.4%. Sensata Technologies’s payout ratio is presently 252.63%.

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.