Research Analysts’ Weekly Ratings Updates for Sensata Technologies (ST)

Sensata Technologies (NYSE: ST) recently received a number of ratings updates from brokerages and research firms:

• 4/30/2024 – Sensata Technologies had its price target raised by analysts at Robert W. Baird from $37.00 to $47.00. They now have a “neutral” rating on the stock.
• 4/30/2024 – Sensata Technologies had its price target raised by analysts at Evercore ISI from $36.00 to $44.00. They now have an “in-line” rating on the stock.
• 4/30/2024 – Sensata Technologies had its price target raised by analysts at Truist Financial Co. from $36.00 to $46.00. They now have a “hold” rating on the stock.
• 4/30/2024 – Sensata Technologies had its price target raised by analysts at Stifel Nicolaus from $36.00 to $43.00. They now have a “hold” rating on the stock.
• 4/9/2024 – Sensata Technologies had its “neutral” rating reaffirmed by analysts at The Goldman Sachs Group, Inc.. They now have a $36.00 price target on the stock, down previously from $44.00.
• 4/9/2024 – Sensata Technologies is now covered by analysts at Jefferies Financial Group Inc.. They set a “hold” rating and a $40.00 price target on the stock.

Sensata Technologies Price Performance

ST stock traded down $0.25 during midday trading on Thursday, reaching $38.74. 1,094,429 shares of the company’s stock traded hands, compared to its average volume of 2,155,471. The company has a 50-day simple moving average of $35.28 and a two-hundred day simple moving average of $34.69. Sensata Technologies Holding plc has a 1-year low of $30.56 and a 1-year high of $47.41. The company has a market cap of $5.84 billion, a price-to-earnings ratio of -352.15, a PEG ratio of 0.93 and a beta of 1.32. The company has a quick ratio of 1.69, a current ratio of 2.64 and a debt-to-equity ratio of 1.14.

Sensata Technologies (NYSE:ST) last released its quarterly earnings results on Monday, April 29th. The scientific and technical instruments company reported $0.89 earnings per share for the quarter, beating analysts’ consensus estimates of $0.86 by $0.03. Sensata Technologies had a positive return on equity of 17.58% and a negative net margin of 0.35%. The firm had revenue of $1.01 billion during the quarter, compared to analysts’ expectations of $986.51 million. During the same period last year, the firm posted $0.92 EPS. The business’s revenue was up .9% on a year-over-year basis. On average, analysts anticipate that Sensata Technologies Holding plc will post 3.72 earnings per share for the current year.

Sensata Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 22nd. Shareholders of record on Wednesday, May 8th will be given a $0.12 dividend. The ex-dividend date of this dividend is Tuesday, May 7th. This represents a $0.48 dividend on an annualized basis and a yield of 1.24%. Sensata Technologies’s payout ratio is -436.32%.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of ST. Cary Street Partners Investment Advisory LLC boosted its position in Sensata Technologies by 1,389.8% in the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 730 shares of the scientific and technical instruments company’s stock valued at $28,000 after buying an additional 681 shares during the last quarter. Principal Securities Inc. bought a new position in shares of Sensata Technologies in the 4th quarter worth $29,000. Parkside Financial Bank & Trust boosted its position in shares of Sensata Technologies by 761.2% in the 4th quarter. Parkside Financial Bank & Trust now owns 887 shares of the scientific and technical instruments company’s stock worth $33,000 after purchasing an additional 784 shares during the last quarter. Covestor Ltd boosted its position in shares of Sensata Technologies by 71.6% in the 3rd quarter. Covestor Ltd now owns 1,249 shares of the scientific and technical instruments company’s stock worth $47,000 after purchasing an additional 521 shares during the last quarter. Finally, TFO Wealth Partners LLC boosted its position in shares of Sensata Technologies by 17,818.8% in the 4th quarter. TFO Wealth Partners LLC now owns 2,867 shares of the scientific and technical instruments company’s stock worth $108,000 after purchasing an additional 2,851 shares during the last quarter. 99.42% of the stock is currently owned by institutional investors.

Sensata Technologies Holding plc develops, manufactures, and sells sensors and sensor-rich solutions, electrical protection components and systems, and other products used in mission-critical systems and applications in the United States and internationally. It operates in two segments, Performance Sensing and Sensing Solutions.