Sensata Technologies (NYSE:ST) Downgraded by Wall Street Zen to “Buy”

Wall Street Zen downgraded shares of Sensata Technologies (NYSE:ST) from a strong-buy rating to a buy rating in a report issued on Sunday morning,Wall Street Zen reports.

Other research analysts also recently issued research reports about the company. Bank of America lifted their price objective on Sensata Technologies from $46.00 to $48.00 and gave the stock a “neutral” rating in a report on Thursday, July 9th. The Goldman Sachs Group raised their price target on Sensata Technologies from $48.00 to $60.00 and gave the stock a “buy” rating in a research report on Tuesday, May 26th. Oppenheimer lifted their price target on Sensata Technologies from $55.00 to $58.00 and gave the stock an “outperform” rating in a research note on Friday, July 31st. Barclays lifted their price target on Sensata Technologies from $53.00 to $55.00 and gave the stock an “equal weight” rating in a research note on Monday, August 3rd. Finally, UBS Group reiterated a “buy” rating and issued a $57.00 price objective on shares of Sensata Technologies in a research report on Tuesday, June 2nd. Four research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $49.10.

Sensata Technologies Trading Up 0.1%

Shares of ST opened at $42.01 on Friday. Sensata Technologies has a fifty-two week low of $28.16 and a fifty-two week high of $53.89. The firm has a market cap of $6.11 billion, a price-to-earnings ratio of 70.01, a PEG ratio of 1.26 and a beta of 1.25. The firm has a 50 day moving average price of $44.20 and a 200-day moving average price of $43.32. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.58 and a current ratio of 2.29.

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

Sensata Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 26th. Stockholders of record on Wednesday, August 12th were paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend was Wednesday, August 12th. Sensata Technologies’s dividend payout ratio is 80.00%.

Institutional Trading of Sensata Technologies

Several large investors have recently modified their holdings of ST. Janus Henderson Group PLC raised its position in Sensata Technologies by 1.1% during the 1st quarter. Janus Henderson Group PLC now owns 10,402,517 shares of the scientific and technical instruments company’s stock valued at $366,376,000 after purchasing an additional 112,819 shares during the last quarter. Dimensional Fund Advisors LP grew its position in shares of 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 buying an additional 125,127 shares during the last quarter. Geode Capital Management LLC grew its position in shares of Sensata Technologies by 1.2% in the 4th quarter. Geode Capital Management LLC now owns 2,693,488 shares of the scientific and technical instruments company’s stock worth $89,685,000 after buying an additional 33,051 shares during the last quarter. Quantinno Capital Management LP increased its stake in shares of Sensata Technologies by 45.5% during the first quarter. Quantinno Capital Management LP now owns 2,402,063 shares of the scientific and technical instruments company’s stock valued at $84,601,000 after buying an additional 750,646 shares during the period. Finally, Norges Bank purchased a new position in shares of Sensata Technologies during the fourth quarter valued at approximately $62,966,000. 99.42% of the stock is owned by institutional investors.

About Sensata Technologies

Sensata Technologies Holding plc (NYSE: ST) develops and manufactures sensing, electrical protection, and control technologies. Its products are designed to help customers monitor, manage, and protect equipment and systems across transportation, industrial, aerospace, energy, and other markets.

The company’s offerings include pressure, temperature, position, speed, and current sensors, as well as circuit breakers, contactors, controls, and other components used in vehicle systems, industrial machinery, heating and cooling equipment, appliances, and power-management applications.