Sensata Technologies Holding N.V. $ST Shares Bought by Guinness Asset Management LTD

Guinness Asset Management LTD boosted its stake in shares of Sensata Technologies Holding N.V. (NYSE:ST) by 4.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 277,415 shares of the scientific and technical instruments company’s stock after buying an additional 10,855 shares during the quarter. Guinness Asset Management LTD owned 0.19% of Sensata Technologies worth $9,207,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in ST. Woodline Partners LP grew its position in Sensata Technologies by 165.4% during the third quarter. Woodline Partners LP now owns 4,975,745 shares of the scientific and technical instruments company’s stock worth $152,009,000 after buying an additional 3,100,927 shares during the period. Pzena Investment Management LLC grew its position in Sensata Technologies by 380.4% during the fourth quarter. Pzena Investment Management LLC now owns 3,509,416 shares of the scientific and technical instruments company’s stock worth $116,828,000 after buying an additional 2,778,918 shares during the period. First Trust Advisors LP acquired a new stake in Sensata Technologies in the second quarter valued at $21,786,000. Balyasny Asset Management L.P. grew its holdings in Sensata Technologies by 215.9% in the second quarter. Balyasny Asset Management L.P. now owns 821,001 shares of the scientific and technical instruments company’s stock valued at $24,720,000 after purchasing an additional 561,083 shares during the last quarter. Finally, Sei Investments Co. increased its position in shares of Sensata Technologies by 61.5% in the second quarter. Sei Investments Co. now owns 1,241,264 shares of the scientific and technical instruments company’s stock valued at $37,372,000 after buying an additional 472,617 shares in the last quarter. 99.42% of the stock is currently owned by institutional investors and hedge funds.

Sensata Technologies Price Performance

Shares of NYSE ST opened at $48.65 on Friday. The company has a current ratio of 2.75, a quick ratio of 1.95 and a debt-to-equity ratio of 1.00. The stock has a market cap of $7.08 billion, a price-to-earnings ratio of 156.95, a PEG ratio of 1.37 and a beta of 1.21. Sensata Technologies Holding N.V. has a 52 week low of $24.69 and a 52 week high of $49.36. The company’s 50-day moving average price is $39.86 and its 200 day moving average price is $36.10.

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

Sensata Technologies Announces Dividend

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

Analysts Set New Price Targets

ST has been the topic of several recent research reports. UBS Group boosted 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. Oppenheimer increased their price objective on shares of Sensata Technologies from $50.00 to $55.00 and gave the company an “outperform” rating in a research note on Wednesday, April 29th. JPMorgan Chase & Co. increased their price objective on shares of Sensata Technologies from $32.00 to $34.00 and gave the company an “underweight” rating in a research note on Monday, February 23rd. Barclays increased their price objective on shares of Sensata Technologies from $48.00 to $49.00 and gave the company an “overweight” rating in a research note on Wednesday, April 29th. Finally, Truist Financial raised shares of Sensata Technologies from a “hold” rating to a “buy” rating and increased their price objective for the company from $43.00 to $58.00 in a research note on Wednesday, May 13th. Five equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $44.60.

Insiders Place Their Bets

In related news, EVP David K. Stott sold 6,335 shares of the stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $47.40, for a total transaction of $300,279.00. Following the sale, the executive vice president owned 39,687 shares of the company’s stock, valued at $1,881,163.80. This trade represents a 13.77% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Lynne J. Caljouw sold 2,913 shares of the stock in a transaction on Tuesday, April 7th. The shares were sold at an average price of $34.71, for a total value of $101,110.23. Following the sale, the executive vice president directly owned 72,842 shares in the company, valued at approximately $2,528,345.82. The trade was a 3.85% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 11,728 shares of company stock worth $486,949. Corporate insiders own 0.65% of the company’s stock.

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.