Kennedy Capital Management LLC lessened its position in shares of Sensata Technologies Holding plc (NYSE:ST – Free Report) by 6.8% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 171,445 shares of the scientific and technical instruments company’s stock after selling 12,569 shares during the period. Kennedy Capital Management LLC owned 0.11% of Sensata Technologies worth $6,299,000 at the end of the most recent reporting period.
A number of other hedge funds have also bought and sold shares of the company. AlphaMark Advisors LLC boosted its stake in Sensata Technologies by 21.9% in the fourth quarter. AlphaMark Advisors LLC now owns 5,430 shares of the scientific and technical instruments company’s stock valued at $204,000 after acquiring an additional 975 shares during the last quarter. Arizona State Retirement System boosted its position in Sensata Technologies by 2.2% during the 4th quarter. Arizona State Retirement System now owns 42,609 shares of the scientific and technical instruments company’s stock valued at $1,601,000 after buying an additional 897 shares during the period. International Assets Investment Management LLC purchased a new stake in Sensata Technologies during the 4th quarter valued at $1,310,000. Kempner Capital Management Inc. increased its stake in shares of Sensata Technologies by 99.8% in the 4th quarter. Kempner Capital Management Inc. now owns 85,823 shares of the scientific and technical instruments company’s stock worth $3,224,000 after acquiring an additional 42,867 shares in the last quarter. Finally, Fulton Bank N.A. increased its stake in shares of Sensata Technologies by 6.7% in the 4th quarter. Fulton Bank N.A. now owns 25,595 shares of the scientific and technical instruments company’s stock worth $962,000 after acquiring an additional 1,608 shares in the last quarter. Institutional investors own 99.42% of the company’s stock.
Insider Activity at Sensata Technologies
In related news, Director Ali John Mirshekari purchased 73,137 shares of the company’s stock in a transaction that occurred on Thursday, May 2nd. The shares were purchased at an average price of $39.17 per share, with a total value of $2,864,776.29. Following the purchase, the director now owns 73,137 shares of the company’s stock, valued at $2,864,776.29. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 1.00% of the stock is owned by corporate insiders.
Wall Street Analyst Weigh In
Read Our Latest Analysis on Sensata Technologies
Sensata Technologies Stock Performance
NYSE ST traded up $0.46 during trading hours on Wednesday, hitting $38.63. 144,949 shares of the company’s stock traded hands, compared to its average volume of 2,124,198. The firm has a market capitalization of $5.81 billion, a P/E ratio of -346.51, a P/E/G ratio of 1.09 and a beta of 1.26. Sensata Technologies Holding plc has a 52 week low of $30.56 and a 52 week high of $43.14. The business’s fifty day moving average price is $39.31 and its two-hundred day moving average price is $37.21. The company has a current ratio of 2.64, a quick ratio of 1.74 and a debt-to-equity ratio of 1.14.
Sensata Technologies (NYSE:ST – Get Free Report) last issued its earnings results on Monday, July 29th. The scientific and technical instruments company reported $0.93 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.93. The company had revenue of $1.04 billion for the quarter, compared to analysts’ expectations of $1.04 billion. Sensata Technologies had a net margin of 0.21% and a return on equity of 17.49%. The firm’s quarterly revenue was down 2.5% on a year-over-year basis. During the same period in the prior year, the business earned $0.97 EPS. Equities research analysts predict that Sensata Technologies Holding plc will post 3.75 EPS for the current year.
Sensata Technologies Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 28th. Stockholders of record on Wednesday, August 14th will be paid a dividend of $0.12 per share. The ex-dividend date of this dividend is Wednesday, August 14th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.24%. Sensata Technologies’s payout ratio is -436.32%.
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.
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