Copeland Capital Management LLC boosted its holdings in Sensata Technologies Holding N.V. (NYSE:ST – Free Report) by 12.9% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,015,492 shares of the scientific and technical instruments company’s stock after buying an additional 230,107 shares during the quarter. Copeland Capital Management LLC owned approximately 1.38% of Sensata Technologies worth $60,687,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Vanguard Group Inc. boosted its stake in shares of Sensata Technologies by 3.2% in the first quarter. Vanguard Group Inc. now owns 15,017,354 shares of the scientific and technical instruments company’s stock valued at $364,471,000 after buying an additional 465,878 shares in the last quarter. Price T Rowe Associates Inc. MD raised its stake in Sensata Technologies by 14.6% during the first quarter. Price T Rowe Associates Inc. MD now owns 8,964,077 shares of the scientific and technical instruments company’s stock worth $217,559,000 after purchasing an additional 1,142,649 shares during the period. Dimensional Fund Advisors LP raised its holdings in Sensata Technologies by 14.3% in the first quarter. Dimensional Fund Advisors LP now owns 6,639,888 shares of the scientific and technical instruments company’s stock valued at $161,152,000 after buying an additional 831,702 shares during the period. Fuller & Thaler Asset Management Inc. lifted its position in Sensata Technologies by 4.2% during the 1st quarter. Fuller & Thaler Asset Management Inc. now owns 5,479,997 shares of the scientific and technical instruments company’s stock worth $133,000,000 after acquiring an additional 219,127 shares in the last quarter. Finally, Victory Capital Management Inc. boosted its holdings in Sensata Technologies by 24.7% in the first quarter. Victory Capital Management Inc. now owns 2,782,600 shares of the scientific and technical instruments company’s stock valued at $67,534,000 after purchasing an additional 551,231 shares during the last quarter. Hedge funds and other institutional investors own 99.42% of the company’s stock.
Sensata Technologies Trading Up 0.2%
Shares of ST opened at $30.67 on Friday. Sensata Technologies Holding N.V. has a 12-month low of $17.32 and a 12-month high of $36.64. The stock’s fifty day simple moving average is $31.49 and its 200-day simple moving average is $27.94. The company has a quick ratio of 1.94, a current ratio of 2.71 and a debt-to-equity ratio of 1.11. The firm has a market capitalization of $4.47 billion, a PE ratio of 40.89, a price-to-earnings-growth ratio of 1.20 and a beta of 1.15.
Sensata Technologies Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 27th. Investors of record on Wednesday, August 13th were paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date was Wednesday, August 13th. Sensata Technologies’s dividend payout ratio is 64.00%.
Insider Buying and Selling
In other news, EVP Lynne J. Caljouw sold 2,576 shares of Sensata Technologies stock in a transaction that occurred on Tuesday, September 9th. The shares were sold at an average price of $31.98, for a total value of $82,380.48. Following the completion of the sale, the executive vice president directly owned 77,185 shares in the company, valued at approximately $2,468,376.30. The trade was a 3.23% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.89% of the stock is currently owned by corporate insiders.
Wall Street Analysts Forecast Growth
ST has been the topic of a number of recent research reports. Wells Fargo & Company raised their target price on shares of Sensata Technologies from $30.00 to $33.00 and gave the stock an “equal weight” rating in a report on Wednesday, July 30th. The Goldman Sachs Group lifted their target price on Sensata Technologies from $40.00 to $44.00 and gave the stock a “buy” rating in a report on Monday. Wall Street Zen raised Sensata Technologies from a “hold” rating to a “buy” rating in a report on Saturday, August 2nd. Truist Financial increased their price objective on Sensata Technologies from $27.00 to $35.00 and gave the stock a “hold” rating in a research note on Wednesday, July 30th. Finally, UBS Group lifted their price objective on Sensata Technologies from $41.00 to $43.00 and gave the company a “buy” rating in a research report on Wednesday, July 30th. Four analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Sensata Technologies currently has an average rating of “Hold” and a consensus target price of $35.91.
Check Out Our Latest Analysis on ST
Sensata Technologies 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.
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