AlphaMark Advisors LLC Sells 995 Shares of Sensata Technologies Holding plc (NYSE:ST)

AlphaMark Advisors LLC lessened its holdings in shares of Sensata Technologies Holding plc (NYSE:ST) by 18.3% in the first quarter, Holdings Channel.com reports. The fund owned 4,435 shares of the scientific and technical instruments company’s stock after selling 995 shares during the period. AlphaMark Advisors LLC’s holdings in Sensata Technologies were worth $163,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ST. Principal Securities Inc. bought a new position in Sensata Technologies in the fourth quarter worth $29,000. Parkside Financial Bank & Trust raised its holdings in Sensata Technologies by 761.2% in the fourth quarter. Parkside Financial Bank & Trust now owns 887 shares of the scientific and technical instruments company’s stock worth $33,000 after purchasing an additional 784 shares in the last quarter. TFO Wealth Partners LLC raised its holdings in Sensata Technologies by 17,818.8% in the fourth quarter. TFO Wealth Partners LLC now owns 2,867 shares of the scientific and technical instruments company’s stock worth $108,000 after purchasing an additional 2,851 shares in the last quarter. Headlands Technologies LLC bought a new position in Sensata Technologies in the fourth quarter worth $155,000. Finally, Whittier Trust Co. of Nevada Inc. raised its holdings in Sensata Technologies by 2,375.3% in the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 4,703 shares of the scientific and technical instruments company’s stock worth $177,000 after purchasing an additional 4,513 shares in the last quarter. Institutional investors own 99.42% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. Stifel Nicolaus increased their price objective on Sensata Technologies from $36.00 to $43.00 and gave the stock a “hold” rating in a report on Tuesday, April 30th. Truist Financial raised their price target on Sensata Technologies from $36.00 to $46.00 and gave the company a “hold” rating in a report on Tuesday, April 30th. Evercore ISI upgraded Sensata Technologies from an “in-line” rating to an “outperform” rating and raised their price target for the company from $44.00 to $60.00 in a report on Monday, May 6th. The Goldman Sachs Group restated a “neutral” rating and set a $36.00 price target (down from $44.00) on shares of Sensata Technologies in a report on Tuesday, April 9th. Finally, Robert W. Baird raised their price target on Sensata Technologies from $37.00 to $47.00 and gave the company a “neutral” rating in a report on Tuesday, April 30th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $43.78.

Sensata Technologies Stock Performance

Shares of Sensata Technologies stock traded down $0.05 during trading on Monday, hitting $37.34. 2,947,470 shares of the company’s stock traded hands, compared to its average volume of 2,153,438. The company has a debt-to-equity ratio of 1.14, a current ratio of 2.64 and a quick ratio of 1.74. Sensata Technologies Holding plc has a 1 year low of $30.56 and a 1 year high of $47.41. The stock has a market capitalization of $5.62 billion, a P/E ratio of -339.42, a PEG ratio of 1.09 and a beta of 1.26. The business has a 50-day simple moving average of $39.69 and a 200-day simple moving average of $36.83.

Sensata Technologies (NYSE:ST) last released its quarterly earnings data on Monday, April 29th. The scientific and technical instruments company reported $0.89 EPS for the quarter, beating the consensus estimate of $0.86 by $0.03. Sensata Technologies had a positive return on equity of 17.58% and a negative net margin of 0.35%. The company had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $986.51 million. During the same period last year, the firm posted $0.92 earnings per share. Sensata Technologies’s revenue was up .9% compared to the same quarter last year. As a group, analysts forecast that Sensata Technologies Holding plc will post 3.75 EPS for the current year.

Sensata Technologies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, May 22nd. Investors of record on Wednesday, May 8th were given a dividend of $0.12 per share. The ex-dividend date of this dividend was Tuesday, May 7th. This represents a $0.48 annualized dividend and a dividend yield of 1.29%. Sensata Technologies’s dividend payout ratio (DPR) is presently -436.32%.

Insiders Place Their Bets

In other news, Director Ali John Mirshekari bought 73,137 shares of the company’s stock in a transaction on Thursday, May 2nd. The shares were acquired at an average cost of $39.17 per share, with a total value of $2,864,776.29. Following the completion of the transaction, the director now owns 73,137 shares of the company’s stock, valued at approximately $2,864,776.29. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 1.00% of the company’s stock.

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.