Zacks Investment Research upgraded shares of Sensata Technologies Holding N.V. (NYSE:ST) from a hold rating to a buy rating in a report released on Thursday. They currently have $52.00 price objective on the scientific and technical instruments company’s stock.

According to Zacks, “Sensata Technologies B.V., through its subsidiaries, is a supplier of sensing, electrical protection, control and power management solutions. The Company produces a range of sensors and controls for mission critical applications, such as thermal circuit breakers in aircraft, pressure sensors in automotive systems, and bimetal current and temperature control devices in electric motors. Sensata’s products include pressure sensors, force sensors, position sensors, motor protectors, and thermal and magnetic-hydraulic circuit breakers and switches. It develops solutions for specific customer requirements or applications across automotive, appliance, aircraft, industrial, military, heavy vehicle, heating, air-conditioning, data, telecommunications, recreational vehicle and marine applications. Sensata Technologies B.V. is based in Almelo, the Netherlands. “

Other analysts have also issued research reports about the company. Barclays PLC reiterated a buy rating and set a $52.00 price objective on shares of Sensata Technologies Holding N.V. in a report on Thursday, April 27th. Stifel Nicolaus reiterated a buy rating and set a $48.00 price objective on shares of Sensata Technologies Holding N.V. in a report on Wednesday, April 26th. BidaskClub lowered Sensata Technologies Holding N.V. from a strong-buy rating to a buy rating in a report on Tuesday, July 25th. BMO Capital Markets set a $42.00 price objective on Sensata Technologies Holding N.V. and gave the company a hold rating in a report on Wednesday, July 26th. Finally, Citigroup Inc. increased their price objective on Sensata Technologies Holding N.V. from $48.00 to $49.00 and gave the company a neutral rating in a report on Wednesday, July 26th. Three research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The company currently has a consensus rating of Buy and an average target price of $49.25.

Shares of Sensata Technologies Holding N.V. (ST) traded up 0.73% on Thursday, reaching $45.26. The company’s stock had a trading volume of 597,948 shares. The firm has a market capitalization of $7.75 billion, a PE ratio of 27.10 and a beta of 1.45. The firm has a 50-day moving average price of $43.54 and a 200 day moving average price of $41.98. Sensata Technologies Holding N.V. has a one year low of $35.10 and a one year high of $47.24.

Sensata Technologies Holding N.V. (NYSE:ST) last announced its earnings results on Tuesday, July 25th. The scientific and technical instruments company reported $0.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.78 by $0.03. The business had revenue of $839.90 million for the quarter, compared to analysts’ expectations of $835.09 million. Sensata Technologies Holding N.V. had a return on equity of 26.18% and a net margin of 8.91%. The business’s revenue for the quarter was up 1.5% on a year-over-year basis. During the same quarter last year, the firm earned $0.73 EPS. On average, analysts anticipate that Sensata Technologies Holding N.V. will post $3.16 earnings per share for the current fiscal year.

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In related news, Director Thomas Wroe, Jr. sold 3,685 shares of the firm’s stock in a transaction on Friday, June 2nd. The stock was sold at an average price of $40.68, for a total value of $149,905.80. Following the completion of the transaction, the director now owns 12,620 shares in the company, valued at approximately $513,381.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders sold a total of 137,790 shares of company stock valued at $6,197,882 in the last 90 days. 1.00% of the stock is currently owned by company insiders.

Several institutional investors have recently added to or reduced their stakes in ST. BlackRock Inc. raised its position in Sensata Technologies Holding N.V. by 3,675.0% in the first quarter. BlackRock Inc. now owns 4,923,922 shares of the scientific and technical instruments company’s stock worth $215,028,000 after buying an additional 4,793,488 shares during the last quarter. FMR LLC raised its position in Sensata Technologies Holding N.V. by 330.2% in the first quarter. FMR LLC now owns 5,105,665 shares of the scientific and technical instruments company’s stock worth $222,964,000 after buying an additional 3,918,865 shares during the last quarter. Janus Capital Management LLC raised its position in Sensata Technologies Holding N.V. by 11.5% in the first quarter. Janus Capital Management LLC now owns 14,946,932 shares of the scientific and technical instruments company’s stock worth $652,725,000 after buying an additional 1,540,719 shares during the last quarter. Neuberger Berman Group LLC raised its position in Sensata Technologies Holding N.V. by 427.1% in the first quarter. Neuberger Berman Group LLC now owns 1,503,725 shares of the scientific and technical instruments company’s stock worth $65,668,000 after buying an additional 1,218,436 shares during the last quarter. Finally, Clearbridge Investments LLC raised its position in Sensata Technologies Holding N.V. by 179.3% in the first quarter. Clearbridge Investments LLC now owns 1,119,224 shares of the scientific and technical instruments company’s stock worth $48,877,000 after buying an additional 718,533 shares during the last quarter.

About Sensata Technologies Holding N.V.

Sensata Technologies Holding N.V. is an industrial technology company. The Company is engaged in the development, manufacture, and sale of sensors and controls. The Company operates through two segments: Performance Sensing and Sensing Solutions. It produces a range of sensors and controls for applications, such as pressure sensors in automotive systems, thermal circuit breakers in aircraft, and bimetal current and temperature control devices.

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Analyst Recommendations for Sensata Technologies Holding N.V. (NYSE:ST)

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