Sensata Technologies Holding N.V. $ST Shares Bought by Pzena Investment Management LLC

Pzena Investment Management LLC lifted its holdings in Sensata Technologies Holding N.V. (NYSE:ST) by 380.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,509,416 shares of the scientific and technical instruments company’s stock after purchasing an additional 2,778,918 shares during the period. Pzena Investment Management LLC’s holdings in Sensata Technologies were worth $116,828,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Smartleaf Asset Management LLC boosted its holdings in shares of Sensata Technologies by 659.7% in the third quarter. Smartleaf Asset Management LLC now owns 904 shares of the scientific and technical instruments company’s stock worth $27,000 after buying an additional 785 shares during the period. EverSource Wealth Advisors LLC boosted its holdings in shares of Sensata Technologies by 244.4% in the second quarter. EverSource Wealth Advisors LLC now owns 1,178 shares of the scientific and technical instruments company’s stock worth $35,000 after buying an additional 836 shares during the period. Quarry LP boosted its holdings in shares of Sensata Technologies by 155,200.0% in the third quarter. Quarry LP now owns 1,553 shares of the scientific and technical instruments company’s stock worth $47,000 after buying an additional 1,552 shares during the period. Larson Financial Group LLC boosted its holdings in shares of Sensata Technologies by 227.9% in the fourth quarter. Larson Financial Group LLC now owns 1,446 shares of the scientific and technical instruments company’s stock worth $48,000 after buying an additional 1,005 shares during the period. Finally, Global Retirement Partners LLC boosted its holdings in shares of Sensata Technologies by 117.8% in the fourth quarter. Global Retirement Partners LLC now owns 1,784 shares of the scientific and technical instruments company’s stock worth $59,000 after buying an additional 965 shares during the period. Institutional investors and hedge funds own 99.42% of the company’s stock.

Sensata Technologies Price Performance

NYSE ST opened at $47.45 on Friday. The company has a quick ratio of 1.95, a current ratio of 2.75 and a debt-to-equity ratio of 1.00. The stock has a market capitalization of $6.90 billion, a PE ratio of 153.08, a price-to-earnings-growth ratio of 1.38 and a beta of 1.21. The company has a 50 day moving average price of $39.59 and a two-hundred day moving average price of $36.01. Sensata Technologies Holding N.V. has a 12-month low of $24.69 and a 12-month high of $49.36.

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

Sensata Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, May 27th. Shareholders 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 dividend on an annualized basis and a yield of 1.0%. Sensata Technologies’s payout ratio is 154.84%.

Wall Street Analyst Weigh In

Several brokerages have commented on ST. Robert W. Baird raised their target price on shares of Sensata Technologies from $39.00 to $40.00 and gave the stock a “neutral” rating in a report on Friday, February 20th. UBS Group raised their target price on shares of Sensata Technologies from $45.00 to $48.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Oppenheimer raised their target price on shares of Sensata Technologies from $50.00 to $55.00 and gave the stock an “outperform” rating in a report on Wednesday, April 29th. Wall Street Zen cut shares of Sensata Technologies from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 2nd. Finally, JPMorgan Chase & Co. raised their target price on shares of Sensata Technologies from $32.00 to $34.00 and gave the stock an “underweight” rating in a report on Monday, February 23rd. Five equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Sensata Technologies has a consensus rating of “Hold” and an average price target of $44.60.

Insider Transactions at Sensata Technologies

In other Sensata Technologies news, EVP Lynne J. Caljouw sold 2,913 shares of Sensata Technologies stock in a transaction that occurred 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 completion of the sale, the executive vice president directly owned 72,842 shares in the company, valued at $2,528,345.82. The trade was a 3.85% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.65% of the stock is owned by company insiders.

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.