Sensata Technologies Holding plc (NYSE:ST – Get Free Report) declared a quarterly dividend on Friday, July 19th, Wall Street Journal reports. Investors of record on Wednesday, August 14th will be paid a dividend of 0.12 per share by the scientific and technical instruments company on Wednesday, August 28th. This represents a $0.48 dividend on an annualized basis and a yield of 1.23%. The ex-dividend date is Wednesday, August 14th.
Sensata Technologies has a dividend payout ratio of 11.4% meaning its dividend is sufficiently covered by earnings. Analysts expect Sensata Technologies to earn $4.21 per share next year, which means the company should continue to be able to cover its $0.48 annual dividend with an expected future payout ratio of 11.4%.
Sensata Technologies Price Performance
Shares of ST traded down $2.63 during midday trading on Friday, hitting $38.89. The company’s stock had a trading volume of 2,785,647 shares, compared to its average volume of 2,131,482. The company has a quick ratio of 1.74, a current ratio of 2.64 and a debt-to-equity ratio of 1.14. Sensata Technologies has a one year low of $30.56 and a one year high of $46.99. The stock has a market capitalization of $5.85 billion, a price-to-earnings ratio of -358.33, a price-to-earnings-growth ratio of 1.22 and a beta of 1.26. The company’s fifty day simple moving average is $40.01 and its two-hundred day simple moving average is $37.07.
Insiders Place Their Bets
In related news, Director Ali John Mirshekari bought 73,137 shares of the business’s stock in a transaction that occurred on Thursday, May 2nd. The shares were acquired at an average cost of $39.17 per share, with a total value of $2,864,776.29. Following the completion of the purchase, the director now directly owns 73,137 shares in the company, valued at $2,864,776.29. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.00% of the stock is currently owned by corporate insiders.
Analysts Set New Price Targets
A number of research analysts have recently commented on the company. Robert W. Baird increased their price target on Sensata Technologies from $37.00 to $47.00 and gave the company a “neutral” rating in a research note on Tuesday, April 30th. Jefferies Financial Group began coverage on Sensata Technologies in a research note on Tuesday, April 9th. They set a “hold” rating and a $40.00 price target on the stock. Evercore ISI upgraded Sensata Technologies from an “in-line” rating to an “outperform” rating and boosted their price target for the stock from $44.00 to $60.00 in a report on Monday, May 6th. Truist Financial raised their price objective on shares of Sensata Technologies from $36.00 to $46.00 and gave the company a “hold” rating in a report on Tuesday, April 30th. Finally, Stifel Nicolaus raised their target price on Sensata Technologies from $36.00 to $43.00 and gave the stock a “hold” rating in a research report on Tuesday, April 30th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $43.78.
View Our Latest Stock Analysis on Sensata Technologies
About Sensata Technologies
Sensata Technologies Holding plc develops, manufactures, and sells sensors and sensor-rich solutions, electrical protection components and systems, and other products used in mission-critical systems and applications in the United States and internationally. It operates in two segments, Performance Sensing and Sensing Solutions.
Featured Articles
- Five stocks we like better than Sensata Technologies
- The 3 Best Retail Stocks to Shop for in August
- Is This Telehealth Stock a Buy After the Recent Pullback?
- Using the MarketBeat Dividend Tax Calculator
- Safeguard Against Credit Card Risks with This Top Financial Stock
- Investing in Construction Stocks
- Streaming Titan’s Stock Ready to Hit All-Time Highs This Year
Receive News & Ratings for Sensata Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sensata Technologies and related companies with MarketBeat.com's FREE daily email newsletter.