Oppenheimer Issues Positive Forecast for Sensata Technologies (NYSE:ST) Stock Price

Sensata Technologies (NYSE:ST) had its price objective raised by Oppenheimer from $55.00 to $58.00 in a research report released on Friday morning,Benzinga reports. The firm currently has an outperform rating on the scientific and technical instruments company’s stock.

ST has been the topic of a number of other reports. Wells Fargo & Company increased their target price on Sensata Technologies from $48.00 to $49.00 and gave the stock an “equal weight” rating in a research note on Thursday, June 25th. Bank of America lifted their price target on Sensata Technologies from $46.00 to $48.00 and gave the stock a “neutral” rating in a research report on Thursday, July 9th. The Goldman Sachs Group upped their price target on shares of Sensata Technologies from $48.00 to $60.00 and gave the stock a “buy” rating in a research note on Tuesday, May 26th. Weiss Ratings raised shares of Sensata Technologies from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, June 30th. Finally, Truist Financial upgraded shares of Sensata Technologies from a “hold” rating to a “buy” rating and raised their price objective for the company from $43.00 to $58.00 in a research note on Wednesday, May 13th. Four research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $48.90.

Sensata Technologies Price Performance

ST stock opened at $46.38 on Friday. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.95 and a current ratio of 2.29. The firm has a 50 day moving average price of $47.89 and a 200-day moving average price of $41.41. Sensata Technologies has a 52-week low of $28.16 and a 52-week high of $53.89. The firm has a market capitalization of $6.74 billion, a price-to-earnings ratio of 77.29, a PEG ratio of 1.37 and a beta of 1.27.

Sensata Technologies (NYSE:ST) last posted its quarterly earnings results on Wednesday, July 29th. The scientific and technical instruments company reported $0.98 earnings per share for the quarter, topping the consensus estimate of $0.93 by $0.05. The company had revenue of $990.60 million for the quarter, compared to the consensus estimate of $970.39 million. Sensata Technologies had a return on equity of 18.68% and a net margin of 2.37%.The firm’s quarterly revenue was up 5.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.87 EPS. Sensata Technologies has set its Q3 2026 guidance at 0.930-0.970 EPS. Equities research analysts forecast that Sensata Technologies will post 3.75 EPS for the current fiscal year.

Sensata Technologies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, August 26th. Stockholders of record on Wednesday, August 12th will be issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend is Wednesday, August 12th. Sensata Technologies’s dividend payout ratio (DPR) is presently 80.00%.

Insider Activity at Sensata Technologies

In other news, EVP David K. Stott sold 6,335 shares of the business’s stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $47.40, for a total transaction of $300,279.00. Following the completion of the transaction, the executive vice president directly owned 39,687 shares of the company’s stock, valued at $1,881,163.80. The trade was a 13.77% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.65% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Fifth Third Bancorp grew its position in Sensata Technologies by 1.0% in the 1st quarter. Fifth Third Bancorp now owns 27,782 shares of the scientific and technical instruments company’s stock worth $978,000 after purchasing an additional 268 shares during the period. UMB Bank n.a. raised its stake in Sensata Technologies by 20.5% during the 4th quarter. UMB Bank n.a. now owns 1,678 shares of the scientific and technical instruments company’s stock valued at $56,000 after buying an additional 286 shares during the last quarter. Assetmark Inc. lifted its holdings in shares of Sensata Technologies by 6.6% during the 1st quarter. Assetmark Inc. now owns 4,860 shares of the scientific and technical instruments company’s stock valued at $171,000 after buying an additional 303 shares during the period. Van Den Berg Management I Inc. lifted its holdings in shares of Sensata Technologies by 0.3% during the 1st quarter. Van Den Berg Management I Inc. now owns 128,294 shares of the scientific and technical instruments company’s stock valued at $4,519,000 after buying an additional 329 shares during the period. Finally, Root Financial Partners LLC boosted its stake in shares of Sensata Technologies by 62.5% in the 1st quarter. Root Financial Partners LLC now owns 913 shares of the scientific and technical instruments company’s stock worth $32,000 after buying an additional 351 shares during the last quarter. Institutional investors 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.