Sensata Technologies Holding N.V. $ST Shares Bought by Regents Gate Capital LLP

Regents Gate Capital LLP raised its holdings in Sensata Technologies Holding N.V. (NYSE:ST) by 15.0% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 156,048 shares of the scientific and technical instruments company’s stock after purchasing an additional 20,334 shares during the quarter. Sensata Technologies accounts for approximately 1.2% of Regents Gate Capital LLP’s investment portfolio, making the stock its 27th biggest holding. Regents Gate Capital LLP owned 0.11% of Sensata Technologies worth $5,496,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the stock. Fifth Third Bancorp grew its holdings in Sensata Technologies by 1.0% during the first quarter. Fifth Third Bancorp now owns 27,782 shares of the scientific and technical instruments company’s stock worth $978,000 after acquiring an additional 268 shares during the period. UMB Bank n.a. lifted its position in shares of Sensata Technologies by 20.5% during the 4th quarter. UMB Bank n.a. now owns 1,678 shares of the scientific and technical instruments company’s stock valued at $56,000 after buying an additional 286 shares in the last quarter. Assetmark Inc. lifted its holdings in Sensata Technologies by 6.6% during the first quarter. Assetmark Inc. now owns 4,860 shares of the scientific and technical instruments company’s stock valued at $171,000 after purchasing an additional 303 shares in the last quarter. Root Financial Partners LLC lifted its stake in Sensata Technologies by 62.5% in the 1st quarter. Root Financial Partners LLC now owns 913 shares of the scientific and technical instruments company’s stock valued at $32,000 after buying an additional 351 shares in the last quarter. Finally, Inscription Capital LLC increased its stake in Sensata Technologies by 1.4% during the 4th quarter. Inscription Capital LLC now owns 27,946 shares of the scientific and technical instruments company’s stock worth $930,000 after buying an additional 393 shares in the last quarter. Hedge funds and other institutional investors own 99.42% of the company’s stock.

Insider Buying and Selling

In other Sensata Technologies news, EVP David K. Stott sold 6,335 shares of the business’s stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $47.40, for a total value of $300,279.00. Following the transaction, the executive vice president directly owned 39,687 shares in the company, valued at $1,881,163.80. The trade was a 13.77% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 0.65% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of equities analysts have commented on the company. Wall Street Zen cut Sensata Technologies from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 2nd. Wells Fargo & Company lifted their price target on Sensata Technologies from $48.00 to $49.00 and gave the stock an “equal weight” rating in a research note on Thursday, June 25th. Truist Financial upgraded Sensata Technologies from a “hold” rating to a “buy” rating and boosted their price target for the stock from $43.00 to $58.00 in a research report on Wednesday, May 13th. Barclays downgraded Sensata Technologies from an “overweight” rating to an “equal weight” rating and increased their price objective for the company from $49.00 to $53.00 in a research note on Friday, May 29th. Finally, Oppenheimer raised their price objective on Sensata Technologies from $50.00 to $55.00 and gave the company an “outperform” rating in a report on Wednesday, April 29th. Four analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $48.60.

Sensata Technologies Price Performance

NYSE:ST opened at $45.05 on Friday. Sensata Technologies Holding N.V. has a one year low of $28.16 and a one year high of $53.89. The stock has a market cap of $6.55 billion, a PE ratio of 145.33, a P/E/G ratio of 1.29 and a beta of 1.27. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.95 and a current ratio of 2.75. The stock has a 50 day moving average price of $48.12 and a 200 day moving average price of $40.59.

Sensata Technologies (NYSE:ST) last released its quarterly earnings data on Tuesday, March 31st. The scientific and technical instruments company reported $0.86 earnings per share for the quarter. Sensata Technologies had a return on equity of 18.23% and a net margin of 1.28%.The company had revenue of $934.80 million for the quarter. Equities research analysts expect that Sensata Technologies Holding N.V. will post 3.73 EPS for the current fiscal year.

Sensata Technologies Profile

Sensata Technologies Holdings N.V. is a global industrial technology company specializing in the design, development and manufacture of sensors and electrical protection solutions. The company’s product portfolio includes pressure, temperature, position, speed, current and magnetic sensors, as well as circuit breakers and other protection devices. Sensata’s offerings serve a wide array of end markets, with a particularly strong presence in automotive original equipment manufacturers (OEMs), industrial automation, heating, ventilation and air conditioning (HVAC), commercial aerospace and renewable energy sectors.

Headquartered in Attleboro, Massachusetts, Sensata operates a network of manufacturing and engineering facilities across North America, Europe, Asia Pacific and Latin America.