Sensata Technologies Holding plc (NYSE:ST) Stock Position Raised by Boston Partners

Boston Partners grew its holdings in Sensata Technologies Holding plc (NYSE:ST) by 11.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,526,941 shares of the scientific and technical instruments company’s stock after purchasing an additional 677,316 shares during the period. Boston Partners’ holdings in Sensata Technologies were worth $179,087,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of ST. Empowered Funds LLC lifted its holdings in shares of Sensata Technologies by 12.9% in the third quarter. Empowered Funds LLC now owns 9,635 shares of the scientific and technical instruments company’s stock valued at $346,000 after purchasing an additional 1,098 shares in the last quarter. Natixis Advisors LLC lifted its holdings in shares of Sensata Technologies by 8.9% in the third quarter. Natixis Advisors LLC now owns 293,248 shares of the scientific and technical instruments company’s stock valued at $10,516,000 after purchasing an additional 23,874 shares in the last quarter. Pathstone Holdings LLC lifted its holdings in shares of Sensata Technologies by 1.2% in the third quarter. Pathstone Holdings LLC now owns 157,359 shares of the scientific and technical instruments company’s stock valued at $5,643,000 after purchasing an additional 1,933 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. lifted its holdings in shares of Sensata Technologies by 37.8% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 202,217 shares of the scientific and technical instruments company’s stock valued at $7,252,000 after purchasing an additional 55,511 shares in the last quarter. Finally, Advisors Asset Management Inc. lifted its holdings in shares of Sensata Technologies by 11.4% in the third quarter. Advisors Asset Management Inc. now owns 64,060 shares of the scientific and technical instruments company’s stock valued at $2,297,000 after purchasing an additional 6,565 shares in the last quarter. Hedge funds and other institutional investors own 99.42% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently issued reports on ST. The Goldman Sachs Group cut their price objective on Sensata Technologies from $36.00 to $32.00 and set a “neutral” rating for the company in a report on Thursday, January 16th. UBS Group cut their price objective on Sensata Technologies from $38.00 to $37.00 and set a “buy” rating for the company in a report on Wednesday, February 12th. Evercore ISI cut their price objective on Sensata Technologies from $43.00 to $40.00 and set an “outperform” rating for the company in a report on Friday, January 17th. Finally, Oppenheimer cut their price objective on Sensata Technologies from $44.00 to $40.00 and set an “outperform” rating for the company in a report on Thursday, February 13th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $39.08.

Sensata Technologies Price Performance

NYSE ST opened at $27.79 on Wednesday. Sensata Technologies Holding plc has a fifty-two week low of $24.91 and a fifty-two week high of $43.14. The stock’s 50-day moving average is $27.91 and its two-hundred day moving average is $31.15. The company has a debt-to-equity ratio of 1.11, a current ratio of 2.85 and a quick ratio of 1.99. The firm has a market cap of $4.16 billion, a P/E ratio of 33.08, a price-to-earnings-growth ratio of 1.25 and a beta of 1.20.

Sensata Technologies (NYSE:ST) last issued its quarterly earnings results on Tuesday, February 11th. The scientific and technical instruments company reported $0.76 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.76. Sensata Technologies had a return on equity of 17.54% and a net margin of 3.27%. On average, analysts anticipate that Sensata Technologies Holding plc will post 3.21 earnings per share for the current fiscal year.

Sensata Technologies Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, February 26th. Stockholders of record on Wednesday, February 12th were given a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 1.73%. The ex-dividend date was Wednesday, February 12th. Sensata Technologies’s dividend payout ratio is currently 57.14%.

About Sensata Technologies

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.