Zacks Investment Research downgraded shares of Sensata Technologies Holding N.V. (NYSE:ST) from a buy rating to a hold rating in a research report released on Wednesday.

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. “

A number of other analysts have also weighed in on ST. BidaskClub upgraded shares of Sensata Technologies Holding N.V. from a buy rating to a strong-buy rating in a research report on Wednesday, July 12th. Oppenheimer Holdings, Inc. raised their target price on shares of Sensata Technologies Holding N.V. from $48.00 to $53.00 and gave the company an outperform rating in a research report on Wednesday, July 26th. Citigroup Inc. raised their target price on shares of Sensata Technologies Holding N.V. from $48.00 to $49.00 and gave the company a neutral rating in a research report on Wednesday, July 26th. Cowen and Company restated a hold rating and issued a $45.00 target price on shares of Sensata Technologies Holding N.V. in a research report on Sunday, September 17th. Finally, Stifel Nicolaus restated a buy rating and issued a $51.00 target price (up previously from $48.00) on shares of Sensata Technologies Holding N.V. in a research report on Wednesday, July 26th. Five research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The stock presently has a consensus rating of Buy and an average price target of $49.38.

Sensata Technologies Holding N.V. (ST) opened at 48.07 on Wednesday. The company has a market cap of $8.23 billion, a PE ratio of 28.78 and a beta of 1.45. The company has a 50-day moving average of $46.73 and a 200 day moving average of $46.73. Sensata Technologies Holding N.V. has a 52-week low of $35.10 and a 52-week high of $48.52.

Sensata Technologies Holding N.V. (NYSE:ST) last posted its quarterly earnings results on Tuesday, July 25th. The scientific and technical instruments company reported $0.81 earnings per share (EPS) 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 analyst estimates of $835.09 million. Sensata Technologies Holding N.V. had a net margin of 8.91% and a return on equity of 26.18%. The firm’s revenue for the quarter was up 1.5% on a year-over-year basis. During the same quarter last year, the business posted $0.73 EPS. Equities research analysts predict that Sensata Technologies Holding N.V. will post $3.17 EPS for the current year.

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In other news, Director Thomas Wroe, Jr. sold 40,000 shares of Sensata Technologies Holding N.V. stock in a transaction on Friday, July 7th. The shares were sold at an average price of $43.87, for a total transaction of $1,754,800.00. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. In the last quarter, insiders have sold 134,105 shares of company stock worth $6,047,976. 1.00% of the stock is owned by company insiders.

Several large investors have recently modified their holdings of ST. Janus Henderson Group PLC lifted its holdings in shares of Sensata Technologies Holding N.V. by 58,991.8% during the second quarter. Janus Henderson Group PLC now owns 15,101,502 shares of the scientific and technical instruments company’s stock worth $645,136,000 after purchasing an additional 15,075,946 shares during the period. BlackRock Inc. lifted its holdings in shares of Sensata Technologies Holding N.V. by 3,675.0% during 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 purchasing an additional 4,793,488 shares during the period. FMR LLC lifted its holdings in shares of Sensata Technologies Holding N.V. by 330.2% during 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 purchasing an additional 3,918,865 shares during the period. State Street Corp lifted its holdings in shares of Sensata Technologies Holding N.V. by 106.4% during the second quarter. State Street Corp now owns 3,204,903 shares of the scientific and technical instruments company’s stock worth $136,915,000 after purchasing an additional 1,652,112 shares during the period. Finally, Janus Capital Management LLC lifted its holdings in shares of Sensata Technologies Holding N.V. by 11.5% during 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 purchasing an additional 1,540,719 shares during the period.

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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