Wall Street Zen Downgrades Sensata Technologies (NYSE:ST) to Buy

Sensata Technologies (NYSE:ST) was downgraded by equities research analysts at Wall Street Zen from a “strong-buy” rating to a “buy” rating in a report released on Sunday, Wall Street Zen reports.

Several other research analysts have also weighed in on the stock. The Goldman Sachs Group lifted their price objective 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. Barclays raised their price objective on Sensata Technologies from $53.00 to $55.00 and gave the stock an “equal weight” rating in a research note on Monday, August 3rd. Oppenheimer boosted their target price on Sensata Technologies from $55.00 to $58.00 and gave the company an “outperform” rating in a research note on Friday, July 31st. Weiss Ratings downgraded Sensata Technologies from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, July 30th. Finally, Bank of America raised 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. Four analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $49.10.

Sensata Technologies Stock Performance

ST stock opened at $41.77 on Friday. The business’s fifty day moving average is $44.14 and its 200-day moving average is $43.36. The company has a quick ratio of 1.58, a current ratio of 2.29 and a debt-to-equity ratio of 0.83. The company has a market cap of $6.08 billion, a P/E ratio of 69.62, a price-to-earnings-growth ratio of 1.26 and a beta of 1.25. Sensata Technologies has a twelve month low of $28.16 and a twelve month high of $53.89.

Sensata Technologies (NYSE:ST) last released its quarterly earnings data on Wednesday, July 29th. The scientific and technical instruments company reported $0.98 EPS for the quarter, beating analysts’ consensus estimates of $0.93 by $0.05. Sensata Technologies had a return on equity of 18.68% and a net margin of 2.37%.The business had revenue of $990.60 million during the quarter, compared to the consensus estimate of $970.39 million. During the same quarter in the prior year, the company posted $0.87 earnings per share. The firm’s revenue was up 5.0% on a year-over-year basis. Sensata Technologies has set its Q3 2026 guidance at 0.930-0.970 EPS. Equities research analysts forecast that Sensata Technologies will post 3.77 EPS for the current year.

Hedge Funds Weigh In On Sensata Technologies

A number of large investors have recently modified their holdings of ST. Janus Henderson Group PLC increased its position in shares of Sensata Technologies by 1.1% in the first quarter. Janus Henderson Group PLC now owns 10,402,517 shares of the scientific and technical instruments company’s stock valued at $366,376,000 after acquiring an additional 112,819 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in Sensata Technologies by 1.7% during the first quarter. Dimensional Fund Advisors LP now owns 7,391,230 shares of the scientific and technical instruments company’s stock valued at $260,302,000 after purchasing an additional 125,127 shares during the last quarter. Geode Capital Management LLC grew its stake in Sensata Technologies by 1.2% in the fourth quarter. Geode Capital Management LLC now owns 2,693,488 shares of the scientific and technical instruments company’s stock valued at $89,685,000 after purchasing an additional 33,051 shares in the last quarter. Quantinno Capital Management LP grew its stake in Sensata Technologies by 45.5% in the first quarter. Quantinno Capital Management LP now owns 2,402,063 shares of the scientific and technical instruments company’s stock valued at $84,601,000 after purchasing an additional 750,646 shares in the last quarter. Finally, Norges Bank acquired a new position in shares of Sensata Technologies during the 4th quarter worth approximately $62,966,000. 99.42% of the stock is currently owned by institutional investors and hedge funds.

About Sensata Technologies

Sensata Technologies Holding plc (NYSE: ST) develops and manufactures sensing, electrical protection, and control technologies. Its products are designed to help customers monitor, manage, and protect equipment and systems across transportation, industrial, aerospace, energy, and other markets.

The company’s offerings include pressure, temperature, position, speed, and current sensors, as well as circuit breakers, contactors, controls, and other components used in vehicle systems, industrial machinery, heating and cooling equipment, appliances, and power-management applications.