Beese Fulmer Investment Management Inc. Has $409,000 Position in Sensata Technologies Holding plc (NYSE:ST)

Beese Fulmer Investment Management Inc. lessened its position in Sensata Technologies Holding plc (NYSE:ST) by 12.0% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 14,933 shares of the scientific and technical instruments company’s stock after selling 2,036 shares during the period. Beese Fulmer Investment Management Inc.’s holdings in Sensata Technologies were worth $409,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the company. Sanctuary Advisors LLC acquired a new position in Sensata Technologies in the second quarter valued at about $957,000. CWM LLC raised its stake in shares of Sensata Technologies by 15.2% in the third quarter. CWM LLC now owns 10,194 shares of the scientific and technical instruments company’s stock valued at $366,000 after acquiring an additional 1,347 shares during the last quarter. Sound Income Strategies LLC boosted its holdings in shares of Sensata Technologies by 9.0% in the 3rd quarter. Sound Income Strategies LLC now owns 72,467 shares of the scientific and technical instruments company’s stock worth $2,599,000 after acquiring an additional 6,008 shares in the last quarter. Raymond James & Associates grew its position in Sensata Technologies by 148.4% during the 3rd quarter. Raymond James & Associates now owns 194,149 shares of the scientific and technical instruments company’s stock worth $6,962,000 after acquiring an additional 115,986 shares during the last quarter. Finally, Copeland Capital Management LLC increased its holdings in Sensata Technologies by 21.7% during the 3rd quarter. Copeland Capital Management LLC now owns 1,788,320 shares of the scientific and technical instruments company’s stock valued at $64,129,000 after purchasing an additional 319,424 shares in the last quarter. Institutional investors own 99.42% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have commented on ST. Evercore ISI reduced their price objective on Sensata Technologies from $43.00 to $40.00 and set an “outperform” rating on the stock in a research note on Friday, January 17th. JPMorgan Chase & Co. reduced their price target on shares of Sensata Technologies from $34.00 to $32.00 and set an “underweight” rating on the stock in a research report on Tuesday, November 5th. Stifel Nicolaus dropped their target price on shares of Sensata Technologies from $43.00 to $38.00 and set a “hold” rating for the company in a research note on Tuesday, November 5th. Oppenheimer decreased their price target on shares of Sensata Technologies from $47.00 to $44.00 and set an “outperform” rating on the stock in a research note on Tuesday, November 5th. Finally, Robert W. Baird dropped their price objective on shares of Sensata Technologies from $40.00 to $36.00 and set a “neutral” rating for the company in a research report on Tuesday, November 5th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have issued a buy rating to the stock. According to MarketBeat.com, Sensata Technologies presently has a consensus rating of “Hold” and a consensus target price of $39.58.

Sensata Technologies Stock Performance

ST stock opened at $25.46 on Friday. The company has a debt-to-equity ratio of 1.08, a current ratio of 2.60 and a quick ratio of 1.76. Sensata Technologies Holding plc has a twelve month low of $24.91 and a twelve month high of $43.14. The business’s fifty day moving average is $28.62 and its 200-day moving average is $33.05.

Sensata Technologies (NYSE:ST) last announced its quarterly earnings results on Monday, November 4th. The scientific and technical instruments company reported $0.86 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.86. Sensata Technologies had a negative net margin of 1.98% and a positive return on equity of 17.68%. The business had revenue of $982.80 million for the quarter, compared to the consensus estimate of $983.93 million. During the same period last year, the company posted $0.91 EPS. Sensata Technologies’s revenue for the quarter was down 1.8% on a year-over-year basis. Research analysts predict that Sensata Technologies Holding plc will post 3.44 earnings per share for the current fiscal year.

Sensata Technologies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, February 26th. Stockholders of record on Wednesday, February 12th will be issued a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 1.89%. The ex-dividend date is Wednesday, February 12th. Sensata Technologies’s dividend payout ratio (DPR) is -88.89%.

Sensata Technologies Company 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.