Sensata Technologies Holding N.V. $ST Shares Sold by Pzena Investment Management LLC

Pzena Investment Management LLC trimmed its stake in Sensata Technologies Holding N.V. (NYSE:ST) by 2.5% during the third quarter, HoldingsChannel.com reports. The fund owned 2,194,533 shares of the scientific and technical instruments company’s stock after selling 57,374 shares during the quarter. Pzena Investment Management LLC’s holdings in Sensata Technologies were worth $91,205,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Root Financial Partners LLC lifted its holdings in shares of Sensata Technologies by 62.5% during the first quarter. Root Financial Partners LLC now owns 913 shares of the scientific and technical instruments company’s stock valued at $32,000 after acquiring an additional 351 shares during the period. Elevation Wealth Partners LLC boosted its stake in shares of Sensata Technologies by 272.3% in the 2nd quarter. Elevation Wealth Partners LLC now owns 901 shares of the scientific and technical instruments company’s stock valued at $43,000 after purchasing an additional 659 shares in the last quarter. Parallel Advisors LLC boosted its stake in shares of Sensata Technologies by 90.5% in the 1st quarter. Parallel Advisors LLC now owns 2,042 shares of the scientific and technical instruments company’s stock valued at $72,000 after purchasing an additional 970 shares in the last quarter. EverSource Wealth Advisors LLC boosted its stake in shares of Sensata Technologies by 48.2% in the 1st quarter. EverSource Wealth Advisors LLC now owns 2,187 shares of the scientific and technical instruments company’s stock valued at $77,000 after purchasing an additional 711 shares in the last quarter. Finally, Signaturefd LLC grew its holdings in shares of Sensata Technologies by 124.1% in the 3rd quarter. Signaturefd LLC now owns 2,302 shares of the scientific and technical instruments company’s stock worth $96,000 after purchasing an additional 1,275 shares during the last quarter. 99.42% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on ST shares. Oppenheimer upped their target price on shares of Sensata Technologies from $55.00 to $58.00 and gave the stock an “outperform” rating in a report on Friday, July 31st. Truist Financial cut their price target on shares of Sensata Technologies from $58.00 to $57.00 and set a “buy” rating for the company in a report on Wednesday, October 28th. Wall Street Zen lowered shares of Sensata Technologies from a “strong-buy” rating to a “buy” rating in a research report on Sunday, September 20th. Weiss Ratings restated a “hold (c-)” rating on shares of Sensata Technologies in a research report on Wednesday, October 28th. Finally, Bank of America upped their price objective on shares of Sensata Technologies from $46.00 to $48.00 and gave the stock a “neutral” rating in a research note on Thursday, July 9th. Five equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $50.33.

Sensata Technologies Trading Down 1.0%

ST stock opened at $41.21 on Thursday. The business has a fifty day moving average price of $41.83 and a 200 day moving average price of $41.94. Sensata Technologies Holding N.V. has a fifty-two week low of $28.16 and a fifty-two week high of $53.89. The stock has a market capitalization of $6.00 billion, a price-to-earnings ratio of 10.79, a P/E/G ratio of 1.22 and a beta of 1.28. The company has a debt-to-equity ratio of 0.79, a current ratio of 2.39 and a quick ratio of 1.70.

Sensata Technologies (NYSE:ST) last posted its quarterly earnings data on Tuesday, October 27th. The scientific and technical instruments company reported $1.13 EPS for the quarter, topping analysts’ consensus estimates of $0.96 by $0.17. The company had revenue of $1 billion for the quarter, compared to analyst estimates of $972.97 million. Sensata Technologies had a return on equity of 19.38% and a net margin of 9.52%. The business’s revenue was up 7.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.89 earnings per share. Analysts expect that Sensata Technologies Holding N.V. will post 3.83 EPS for the current fiscal year.

Sensata Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 25th. Stockholders of record on Wednesday, November 11th will be paid a $0.12 dividend. The ex-dividend date is Tuesday, November 10th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.2%. Sensata Technologies’s dividend payout ratio (DPR) is 19.20%.

Sensata Technologies Company Profile

Sensata Technologies Holding plc (NYSE: ST) is a global developer and manufacturer of sensing, control and protection solutions. The company supplies components that help monitor conditions, improve safety and efficiency, and support automated decision-making in vehicles, industrial equipment and other systems.

Its products include pressure, temperature, position, speed, force, current and fluid-level sensors, along with circuit breakers, controls and other protection devices. Sensata’s technologies are used in applications such as automotive systems, heavy-duty vehicles, industrial machinery, heating and air-conditioning equipment, aerospace and defense, energy infrastructure, and data centers.

Sensata serves original equipment manufacturers and other industrial customers across North America, Europe, Asia and additional international markets.