Sensata Technologies (NYSE:ST) EVP Sells $300,279.00 in Stock

Sensata Technologies Holding N.V. (NYSE:ST) EVP David Stott sold 6,335 shares of the business’s stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $47.40, for a total transaction of $300,279.00. Following the completion of the transaction, the executive vice president owned 39,687 shares of the company’s stock, valued at $1,881,163.80. The trade was a 13.77% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

Sensata Technologies Price Performance

Shares of Sensata Technologies stock traded up $1.19 on Friday, reaching $48.65. 1,620,545 shares of the stock were exchanged, compared to its average volume of 2,005,790. 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 firm has a market cap of $7.08 billion, a PE ratio of 156.95, a P/E/G ratio of 1.38 and a beta of 1.21. The firm’s 50 day moving average is $39.59 and its 200-day moving average is $36.01. Sensata Technologies Holding N.V. has a one year low of $24.69 and a one year high of $49.36.

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

Sensata Technologies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, May 27th. Stockholders of record on Wednesday, May 13th will be paid a $0.12 dividend. The ex-dividend date is Wednesday, May 13th. This represents a $0.48 annualized dividend and a dividend yield of 1.0%. Sensata Technologies’s dividend payout ratio (DPR) is presently 154.84%.

Institutional Investors Weigh In On Sensata Technologies

A number of hedge funds and other institutional investors have recently bought and sold shares of ST. Vanguard Group Inc. increased its holdings in Sensata Technologies by 2.4% in the 3rd quarter. Vanguard Group Inc. now owns 14,997,522 shares of the scientific and technical instruments company’s stock worth $458,174,000 after purchasing an additional 346,547 shares in the last quarter. Janus Henderson Group PLC grew its holdings in shares of Sensata Technologies by 1.1% during the first quarter. Janus Henderson Group PLC now owns 10,402,517 shares of the scientific and technical instruments company’s stock worth $366,376,000 after purchasing an additional 112,819 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in shares of Sensata Technologies by 1.7% in the first quarter. Dimensional Fund Advisors LP now owns 7,391,230 shares of the scientific and technical instruments company’s stock valued at $260,302,000 after buying an additional 125,127 shares during the period. Woodline Partners LP increased its stake in shares of Sensata Technologies by 165.4% in the third quarter. Woodline Partners LP now owns 4,975,745 shares of the scientific and technical instruments company’s stock valued at $152,009,000 after buying an additional 3,100,927 shares during the period. Finally, Barrow Hanley Mewhinney & Strauss LLC raised its holdings in Sensata Technologies by 28.7% in 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 buying an additional 961,457 shares during the last quarter. Institutional investors own 99.42% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently weighed in on ST. JPMorgan Chase & Co. raised their price objective on Sensata Technologies from $32.00 to $34.00 and gave the company an “underweight” rating in a research note on Monday, February 23rd. Wall Street Zen downgraded Sensata Technologies from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 2nd. The Goldman Sachs Group increased their target price on shares of Sensata Technologies from $43.00 to $48.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Weiss Ratings raised shares of Sensata Technologies from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, March 2nd. Finally, UBS Group upped their price objective on shares of Sensata Technologies from $45.00 to $48.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Five analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Sensata Technologies currently has a consensus rating of “Hold” and a consensus target price of $44.60.

Sensata Technologies Company 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.