Sensata Technologies Holding plc (NYSE:ST) Shares Bought by Hanson & Doremus Investment Management

Hanson & Doremus Investment Management raised its position in Sensata Technologies Holding plc (NYSE:ST) by 16.6% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 14,841 shares of the scientific and technical instruments company’s stock after acquiring an additional 2,108 shares during the period. Hanson & Doremus Investment Management’s holdings in Sensata Technologies were worth $555,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Principal Securities Inc. acquired a new stake in Sensata Technologies in the fourth quarter valued at approximately $29,000. GAMMA Investing LLC boosted its stake in Sensata Technologies by 399.0% in the second quarter. GAMMA Investing LLC now owns 968 shares of the scientific and technical instruments company’s stock valued at $36,000 after acquiring an additional 774 shares in the last quarter. Versant Capital Management Inc acquired a new stake in Sensata Technologies in the second quarter valued at approximately $37,000. SageView Advisory Group LLC acquired a new stake in Sensata Technologies in the first quarter valued at approximately $85,000. Finally, First Horizon Advisors Inc. boosted its stake in Sensata Technologies by 57.9% in the second quarter. First Horizon Advisors Inc. now owns 2,529 shares of the scientific and technical instruments company’s stock valued at $95,000 after acquiring an additional 927 shares in the last quarter. 99.42% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages have weighed in on ST. Bank of America lowered their target price on shares of Sensata Technologies from $44.00 to $41.00 and set a “neutral” rating for the company in a research note on Tuesday, July 30th. Vertical Research initiated coverage on shares of Sensata Technologies in a research note on Tuesday, July 23rd. They set a “buy” rating and a $55.00 price objective for the company. Truist Financial lowered their price objective on shares of Sensata Technologies from $46.00 to $38.00 and set a “hold” rating for the company in a research note on Tuesday, July 30th. Wolfe Research initiated coverage on shares of Sensata Technologies in a research note on Thursday, September 5th. They set a “peer perform” rating for the company. Finally, Oppenheimer lowered their price objective on shares of Sensata Technologies from $50.00 to $47.00 and set an “outperform” rating for the company in a research note on Wednesday, July 31st. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, Sensata Technologies currently has a consensus rating of “Hold” and a consensus price target of $44.10.

Sensata Technologies Trading Up 1.5 %

Shares of Sensata Technologies stock opened at $34.66 on Friday. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.77 and a quick ratio of 1.31. The firm has a fifty day moving average price of $37.51 and a 200 day moving average price of $37.67. Sensata Technologies Holding plc has a 1 year low of $30.56 and a 1 year high of $43.14. The stock has a market cap of $5.23 billion, a PE ratio of -315.06, a price-to-earnings-growth ratio of 1.24 and a beta of 1.26.

Sensata Technologies (NYSE:ST) last released its quarterly earnings data on Monday, July 29th. The scientific and technical instruments company reported $0.93 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.93. The company had revenue of $1.04 billion during the quarter, compared to analysts’ expectations of $1.04 billion. Sensata Technologies had a net margin of 0.21% and a return on equity of 17.57%. The firm’s revenue for the quarter was down 2.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.97 earnings per share. Equities research analysts predict that Sensata Technologies Holding plc will post 3.57 earnings per share for the current year.

Sensata Technologies Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 28th. Investors of record on Wednesday, August 14th were given a dividend of $0.12 per share. The ex-dividend date of this dividend was Wednesday, August 14th. This represents a $0.48 dividend on an annualized basis and a yield of 1.38%. Sensata Technologies’s payout ratio is presently -436.32%.

Sensata Technologies Profile

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.