Crossmark Global Holdings Inc. Buys 40,821 Shares of Sensata Technologies Holding N.V. $ST

Crossmark Global Holdings Inc. lifted its position in Sensata Technologies Holding N.V. (NYSE:ST) by 47.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 126,368 shares of the scientific and technical instruments company’s stock after buying an additional 40,821 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in Sensata Technologies were worth $4,207,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Woodline Partners LP raised 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 acquiring an additional 3,100,927 shares in the last quarter. Pzena Investment Management LLC bought a new position in shares of Sensata Technologies in the 3rd quarter valued at about $22,317,000. First Trust Advisors LP acquired a new position in shares of Sensata Technologies during the 2nd quarter worth about $21,786,000. Balyasny Asset Management L.P. raised its holdings in shares of Sensata Technologies by 215.9% in the 2nd 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 period. Finally, Sei Investments Co. raised its holdings in shares of Sensata Technologies by 61.5% in the 2nd 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 purchasing an additional 472,617 shares during the period. 99.42% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, EVP Lynne J. Caljouw sold 2,913 shares of the company’s stock in a transaction on Tuesday, April 7th. The stock was sold at an average price of $34.71, for a total transaction of $101,110.23. Following the completion of the sale, the executive vice president directly owned 72,842 shares in the company, valued at approximately $2,528,345.82. This represents a 3.85% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Over the last ninety days, insiders sold 7,889 shares of company stock valued at $280,345. 0.65% of the stock is owned by insiders.

Sensata Technologies Trading Down 0.0%

ST stock opened at $44.92 on Monday. Sensata Technologies Holding N.V. has a 52 week low of $24.04 and a 52 week high of $45.96. The company has a market capitalization of $6.53 billion, a PE ratio of 144.89, a price-to-earnings-growth ratio of 1.30 and a beta of 1.21. The company’s 50-day simple moving average is $37.27 and its 200 day simple moving average is $34.95. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.95 and a current ratio of 2.75.

Sensata Technologies (NYSE:ST) last issued its quarterly earnings data on Tuesday, March 31st. The scientific and technical instruments company reported $0.86 earnings per share 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, sell-side analysts anticipate that Sensata Technologies Holding N.V. will post 3.72 earnings per share for the current year.

Sensata Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 27th. Shareholders of record on Wednesday, May 13th will be issued a $0.12 dividend. The ex-dividend date of this dividend is Wednesday, May 13th. This represents a $0.48 annualized dividend and a yield of 1.1%. Sensata Technologies’s payout ratio is currently 154.84%.

Analyst Ratings Changes

A number of research firms recently commented on ST. Truist Financial lifted their price target on Sensata Technologies from $38.00 to $43.00 and gave the stock a “hold” rating in a report on Wednesday, April 29th. Wall Street Zen cut Sensata Technologies from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 2nd. Oppenheimer lifted their target price on Sensata Technologies from $50.00 to $55.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 29th. UBS Group boosted their target price on Sensata Technologies from $45.00 to $48.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Finally, Robert W. Baird increased their price target on Sensata Technologies from $39.00 to $40.00 and gave the company a “neutral” rating in a research note on Friday, February 20th. Four equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Sensata Technologies has a consensus rating of “Hold” and a consensus price target of $43.10.

Sensata Technologies 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.