71,186 Shares in Sensata Technologies Holding plc (NYSE:ST) Purchased by Edgestream Partners L.P.

Edgestream Partners L.P. acquired a new position in Sensata Technologies Holding plc (NYSE:ST) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 71,186 shares of the scientific and technical instruments company’s stock, valued at approximately $1,950,000.

Several other institutional investors also recently bought and sold shares of the company. Janus Henderson Group PLC boosted its holdings in Sensata Technologies by 0.5% in the 3rd quarter. Janus Henderson Group PLC now owns 9,722,999 shares of the scientific and technical instruments company’s stock worth $348,666,000 after buying an additional 45,513 shares during the last quarter. State Street Corp boosted its holdings in shares of Sensata Technologies by 0.4% during the 3rd quarter. State Street Corp now owns 5,470,903 shares of the scientific and technical instruments company’s stock worth $196,187,000 after purchasing an additional 23,946 shares during the last quarter. FMR LLC boosted its holdings in shares of Sensata Technologies by 18.9% during the 3rd quarter. FMR LLC now owns 3,895,776 shares of the scientific and technical instruments company’s stock worth $139,703,000 after purchasing an additional 618,202 shares during the last quarter. Massachusetts Financial Services Co. MA boosted its holdings in shares of Sensata Technologies by 0.4% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 2,721,353 shares of the scientific and technical instruments company’s stock worth $97,588,000 after purchasing an additional 11,798 shares during the last quarter. Finally, Geode Capital Management LLC boosted its holdings in shares of Sensata Technologies by 1.0% during the 3rd quarter. Geode Capital Management LLC now owns 2,520,062 shares of the scientific and technical instruments company’s stock worth $90,393,000 after purchasing an additional 24,707 shares during the last quarter. 99.42% of the stock is currently owned by institutional investors and hedge funds.

Sensata Technologies Stock Up 3.1 %

Shares of NYSE ST opened at $28.70 on Monday. The firm has a market cap of $4.29 billion, a price-to-earnings ratio of 34.17, a PEG ratio of 1.25 and a beta of 1.20. The company has a quick ratio of 1.99, a current ratio of 2.85 and a debt-to-equity ratio of 1.11. Sensata Technologies Holding plc has a 52-week low of $24.91 and a 52-week high of $43.14. The business’s 50 day moving average is $27.95 and its two-hundred day moving average is $31.67.

Sensata Technologies (NYSE:ST) last announced its earnings results on Tuesday, February 11th. The scientific and technical instruments company reported $0.76 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.76. Sensata Technologies had a return on equity of 17.54% and a net margin of 3.27%. Research analysts predict that Sensata Technologies Holding plc will post 3.21 EPS for the current year.

Sensata Technologies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, February 26th. Shareholders of record on Wednesday, February 12th were given a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 1.67%. The ex-dividend date was Wednesday, February 12th. Sensata Technologies’s payout ratio is 57.14%.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the company. UBS Group lowered their target price on Sensata Technologies from $38.00 to $37.00 and set a “buy” rating on the stock in a report on Wednesday, February 12th. The Goldman Sachs Group lowered their target price on Sensata Technologies from $36.00 to $32.00 and set a “neutral” rating on the stock in a report on Thursday, January 16th. Oppenheimer lowered their target price on Sensata Technologies from $44.00 to $40.00 and set an “outperform” rating on the stock in a report on Thursday, February 13th. Finally, Evercore ISI lowered their target price on Sensata Technologies from $43.00 to $40.00 and set an “outperform” rating on the stock in a report on Friday, January 17th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $39.08.

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.