Zacks Investment Research upgraded shares of Sensata Technologies Holding N.V. (NYSE:ST) from a hold rating to a buy rating in a report issued on Tuesday. They currently have $50.00 target price 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. “

Several other research analysts have also weighed in on the stock. BMO Capital Markets set a $42.00 price objective on shares of Sensata Technologies Holding N.V. and gave the stock a hold rating in a report on Wednesday, July 26th. Barclays PLC restated an overweight rating and issued a $52.00 price target on shares of Sensata Technologies Holding N.V. in a research report on Friday, July 7th. Royal Bank Of Canada restated an outperform rating and issued a $50.00 price target (up from $46.00) on shares of Sensata Technologies Holding N.V. in a research report on Wednesday, July 26th. Stifel Nicolaus restated a buy rating and issued a $48.00 price target on shares of Sensata Technologies Holding N.V. in a research report on Friday, July 14th. Finally, Citigroup Inc. raised their price target on shares of Sensata Technologies Holding N.V. from $48.00 to $49.00 and gave the stock a neutral rating in a research report on Wednesday, July 26th. Five equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The stock has an average rating of Buy and an average price target of $49.00.

Shares of Sensata Technologies Holding N.V. (NYSE ST) traded up 0.4125% during midday trading on Tuesday, reaching $44.8442. 59,500 shares of the company were exchanged. The company has a market capitalization of $7.68 billion, a PE ratio of 26.8528 and a beta of 1.45. The stock’s 50-day moving average price is $44.62 and its 200-day moving average price is $42.43. Sensata Technologies Holding N.V. has a 52-week low of $35.10 and a 52-week high of $47.24.

Sensata Technologies Holding N.V. (NYSE:ST) last announced its quarterly earnings data 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 company had revenue of $839.90 million during 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% compared to the same quarter last year. During the same period last year, the business earned $0.73 EPS. Analysts anticipate that Sensata Technologies Holding N.V. will post $3.17 EPS for the current year.

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In related news, Director Thomas Wroe, Jr. sold 4,081 shares of Sensata Technologies Holding N.V. stock in a transaction dated Wednesday, July 12th. The shares were sold at an average price of $44.83, for a total value of $182,951.23. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Over the last quarter, insiders sold 134,105 shares of company stock worth $6,047,976. 1.00% of the stock is currently owned by insiders.

Several hedge funds have recently added to or reduced their stakes in ST. Janus Henderson Group PLC increased its stake in Sensata Technologies Holding N.V. by 58,991.8% in 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 buying an additional 15,075,946 shares during the period. BlackRock Inc. increased its stake 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 period. FMR LLC increased its stake 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 period. State Street Corp increased its stake in Sensata Technologies Holding N.V. by 106.4% in 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 buying an additional 1,652,112 shares during the period. Finally, Janus Capital Management LLC increased its stake 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 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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