Sensata Technologies Holding N.V. (NYSE:ST) had its price objective upped by Citigroup Inc. from $48.00 to $49.00 in a research report released on Wednesday morning. Citigroup Inc. currently has a neutral rating on the scientific and technical instruments company’s stock.

ST has been the topic of several other reports. Zacks Investment Research upgraded Sensata Technologies Holding N.V. from a hold rating to a buy rating and set a $46.00 target price on the stock in a report on Tuesday, April 25th. Stifel Nicolaus restated a buy rating and set a $48.00 target price on shares of Sensata Technologies Holding N.V. in a report on Friday, July 14th. Barclays PLC restated an overweight rating and set a $52.00 target price on shares of Sensata Technologies Holding N.V. in a report on Friday, July 7th. BidaskClub cut Sensata Technologies Holding N.V. from a strong-buy rating to a buy rating in a report on Tuesday, July 25th. Finally, Oppenheimer Holdings, Inc. boosted their target price on Sensata Technologies Holding N.V. from $48.00 to $53.00 and gave the stock an outperform rating in a report on Wednesday. Three equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The stock currently has an average rating of Buy and an average price target of $49.25.

Sensata Technologies Holding N.V. (NYSE ST) traded down 0.20% during midday trading on Wednesday, hitting $44.93. The stock had a trading volume of 1,847,274 shares. The firm has a 50-day moving average of $43.54 and a 200-day moving average of $41.98. The company has a market cap of $7.69 billion, a PE ratio of 26.90 and a beta of 1.45. Sensata Technologies Holding N.V. has a 12-month low of $35.10 and a 12-month high of $47.24.

Sensata Technologies Holding N.V. (NYSE:ST) last issued its earnings results on Tuesday, July 25th. The scientific and technical instruments company reported $0.81 earnings per share for the quarter, topping the Thomson Reuters’ 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% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.73 EPS. Equities research analysts forecast that Sensata Technologies Holding N.V. will post $3.16 EPS for the current year.

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In related news, Director Thomas Wroe, Jr. sold 3,685 shares of the company’s stock in a transaction that occurred 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 transaction, the director now directly owns 12,620 shares in the company, valued at $513,381.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Thomas Wroe, Jr. sold 40,000 shares of the company’s stock in a transaction that occurred on Friday, July 7th. The shares were sold at an average price of $43.87, for a total value of $1,754,800.00. The disclosure for this sale can be found here. Insiders sold 137,790 shares of company stock worth $6,197,882 over the last quarter. 1.00% of the stock is currently owned by insiders.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ST. Markel Corp boosted its position in Sensata Technologies Holding N.V. by 42.3% in the second quarter. Markel Corp now owns 148,000 shares of the scientific and technical instruments company’s stock worth $6,323,000 after buying an additional 44,000 shares in the last quarter. World Asset Management Inc acquired a new position in Sensata Technologies Holding N.V. during the second quarter worth approximately $298,000. CAPROCK Group Inc. acquired a new position in Sensata Technologies Holding N.V. during the second quarter worth approximately $301,000. Coronation Fund Managers Ltd. acquired a new position in Sensata Technologies Holding N.V. during the second quarter worth approximately $24,225,000. Finally, Taylor Cottrill Erickson & Associates Inc. boosted its position in Sensata Technologies Holding N.V. by 14.4% in the second quarter. Taylor Cottrill Erickson & Associates Inc. now owns 19,300 shares of the scientific and technical instruments company’s stock worth $824,000 after buying an additional 2,425 shares in the last quarter.

Sensata Technologies Holding N.V. Company Profile

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.

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

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