Sensata Technologies Holding plc (NYSE:ST) to Issue Quarterly Dividend of $0.12

Sensata Technologies Holding plc (NYSE:ST) declared a quarterly dividend on Friday, January 24th,RTT News reports. Shareholders of record on Wednesday, February 12th will be paid a dividend of 0.12 per share by the scientific and technical instruments company on Wednesday, February 26th. This represents a $0.48 dividend on an annualized basis and a yield of 1.86%. The ex-dividend date of this dividend is Wednesday, February 12th.

Sensata Technologies has a payout ratio of 13.0% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Sensata Technologies to earn $3.30 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 14.5%.

Sensata Technologies Stock Up 1.4 %

Shares of ST stock opened at $25.85 on Monday. The company has a debt-to-equity ratio of 1.08, a current ratio of 2.60 and a quick ratio of 1.76. Sensata Technologies has a one year low of $24.91 and a one year high of $43.14. The company’s 50-day moving average is $28.36 and its 200 day moving average is $32.87.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the company. Truist Financial decreased their target price on Sensata Technologies from $38.00 to $33.00 and set a “hold” rating for the company in a research report on Tuesday, November 5th. TD Cowen dropped their price objective on Sensata Technologies from $50.00 to $45.00 and set a “buy” rating for the company in a research note on Wednesday, November 6th. JPMorgan Chase & Co. lowered their price target on shares of Sensata Technologies from $34.00 to $32.00 and set an “underweight” rating for the company in a report on Tuesday, November 5th. Evercore ISI decreased their price objective on Sensata Technologies from $43.00 to $40.00 and set an “outperform” rating on the stock in a research report on Friday, January 17th. Finally, Robert W. Baird dropped their target price on Sensata Technologies from $40.00 to $36.00 and set a “neutral” rating for the company in a report on Tuesday, November 5th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $39.58.

Sensata Technologies Company Profile

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.