The Manufacturers Life Insurance Company Sells 166,024 Shares of Sensata Technologies Holding N.V. $ST

The Manufacturers Life Insurance Company lowered its stake in Sensata Technologies Holding N.V. (NYSE:ST) by 70.3% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 70,049 shares of the scientific and technical instruments company’s stock after selling 166,024 shares during the quarter. The Manufacturers Life Insurance Company’s holdings in Sensata Technologies were worth $2,467,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the stock. Janus Henderson Group PLC grew its stake in shares of Sensata Technologies by 2.3% in the fourth quarter. Janus Henderson Group PLC now owns 10,289,698 shares of the scientific and technical instruments company’s stock worth $342,544,000 after acquiring an additional 230,113 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in Sensata Technologies by 1.7% in the 1st quarter. Dimensional Fund Advisors LP now owns 7,391,230 shares of the scientific and technical instruments company’s stock worth $260,302,000 after purchasing an additional 125,127 shares in the last quarter. Woodline Partners LP boosted its stake in Sensata Technologies by 165.4% in the 3rd quarter. Woodline Partners LP now owns 4,975,745 shares of the scientific and technical instruments company’s stock worth $152,009,000 after purchasing an additional 3,100,927 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC grew its position in Sensata Technologies by 28.7% during the 4th quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 4,313,603 shares of the scientific and technical instruments company’s stock valued at $143,600,000 after purchasing an additional 961,457 shares during the last quarter. Finally, Pzena Investment Management LLC grew its position in Sensata Technologies by 380.4% during the 4th quarter. Pzena Investment Management LLC now owns 3,509,416 shares of the scientific and technical instruments company’s stock valued at $116,828,000 after purchasing an additional 2,778,918 shares during the last quarter. Hedge funds and other institutional investors own 99.42% of the company’s stock.

Insider Transactions at Sensata Technologies

In other Sensata Technologies news, EVP David K. Stott sold 6,335 shares of the firm’s stock in a transaction dated Wednesday, May 20th. The stock was 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 of the company’s stock, valued at approximately $1,881,163.80. This trade represents a 13.77% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.65% of the company’s stock.

Sensata Technologies Trading Up 0.9%

Shares of ST stock opened at $46.73 on Friday. The company has a current ratio of 2.29, a quick ratio of 1.58 and a debt-to-equity ratio of 0.83. Sensata Technologies Holding N.V. has a 12-month low of $28.16 and a 12-month high of $53.89. The stock has a market capitalization of $6.80 billion, a P/E ratio of 77.89, a P/E/G ratio of 1.40 and a beta of 1.27. The firm’s 50 day moving average is $47.62 and its 200 day moving average is $41.84.

Sensata Technologies (NYSE:ST) last released its quarterly earnings results on Wednesday, July 29th. The scientific and technical instruments company reported $0.98 earnings per share for the quarter, beating the consensus estimate of $0.93 by $0.05. The firm had revenue of $990.60 million for the quarter, compared to analysts’ expectations of $970.39 million. Sensata Technologies had a return on equity of 18.68% and a net margin of 2.37%.The company’s revenue was up 5.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.87 EPS. Sensata Technologies has set its Q3 2026 guidance at 0.930-0.970 EPS. Research analysts expect that Sensata Technologies Holding N.V. will post 3.77 earnings per share for the current year.

Sensata Technologies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, August 26th. Shareholders of record on Wednesday, August 12th will be issued a $0.12 dividend. The ex-dividend date of this dividend is Wednesday, August 12th. This represents a $0.48 dividend on an annualized basis and a yield of 1.0%. Sensata Technologies’s dividend payout ratio is currently 80.00%.

Wall Street Analyst Weigh In

Several research analysts have issued reports on ST shares. Weiss Ratings cut shares of Sensata Technologies from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, July 30th. UBS Group reissued a “buy” rating and set a $57.00 price target on shares of Sensata Technologies in a research report on Tuesday, June 2nd. Oppenheimer upped their price objective on Sensata Technologies from $55.00 to $58.00 and gave the company an “outperform” rating in a research report on Friday, July 31st. Wells Fargo & Company boosted 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. Finally, Barclays increased their price objective on Sensata Technologies from $53.00 to $55.00 and gave the company an “equal weight” rating in a research report on Monday, August 3rd. Four analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $49.10.

About Sensata Technologies

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.