Sensata Technologies (ST) – Investment Analysts’ Recent Ratings Changes

A number of research firms have changed their ratings and price targets for Sensata Technologies (NYSE: ST):

• 11/6/2024 – Sensata Technologies had its price target lowered by analysts at UBS Group AG from $44.00 to $39.00. They now have a “buy” rating on the stock.
• 11/6/2024 – Sensata Technologies had its price target lowered by analysts at TD Cowen from $50.00 to $45.00. They now have a “buy” rating on the stock.
• 11/5/2024 – Sensata Technologies had its price target lowered by analysts at JPMorgan Chase & Co. from $34.00 to $32.00. They now have an “underweight” rating on the stock.
• 11/5/2024 – Sensata Technologies had its price target lowered by analysts at Oppenheimer Holdings Inc. from $47.00 to $44.00. They now have an “outperform” rating on the stock.
• 11/5/2024 – Sensata Technologies had its price target lowered by analysts at Robert W. Baird from $40.00 to $36.00. They now have a “neutral” rating on the stock.
• 11/5/2024 – Sensata Technologies had its price target lowered by analysts at Stifel Nicolaus from $43.00 to $38.00. They now have a “hold” rating on the stock.
• 11/5/2024 – Sensata Technologies had its price target lowered by analysts at Truist Financial Co. from $38.00 to $33.00. They now have a “hold” rating on the stock.
• 10/15/2024 – Sensata Technologies had its price target lowered by analysts at Evercore ISI from $60.00 to $50.00. They now have an “outperform” rating on the stock.
• 10/4/2024 – Sensata Technologies had its price target lowered by analysts at JPMorgan Chase & Co. from $35.00 to $34.00. They now have an “underweight” rating on the stock.
• 10/1/2024 – Sensata Technologies had its price target lowered by analysts at The Goldman Sachs Group, Inc. from $41.00 to $39.00. They now have a “neutral” rating on the stock.

Sensata Technologies Stock Down 0.2 %

ST stock opened at $32.67 on Thursday. The stock has a market capitalization of $4.89 billion, a P/E ratio of -60.50, a P/E/G ratio of 0.96 and a beta of 1.25. Sensata Technologies Holding plc has a 52 week low of $31.18 and a 52 week high of $43.14. The firm has a 50-day simple moving average of $35.04 and a 200-day simple moving average of $37.64. The company has a quick ratio of 1.76, a current ratio of 2.60 and a debt-to-equity ratio of 1.08.

Sensata Technologies (NYSE:ST) last announced its earnings results on Monday, November 4th. The scientific and technical instruments company reported $0.86 EPS for the quarter, meeting analysts’ consensus estimates of $0.86. The business had revenue of $982.80 million during the quarter, compared to analysts’ expectations of $983.93 million. Sensata Technologies had a positive return on equity of 17.68% and a negative net margin of 1.98%. The business’s revenue was down 1.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.91 earnings per share. Equities analysts forecast that Sensata Technologies Holding plc will post 3.43 earnings per share for the current fiscal year.

Sensata Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 13th will be paid a dividend of $0.12 per share. The ex-dividend date of this dividend is Wednesday, November 13th. This represents a $0.48 annualized dividend and a yield of 1.47%. Sensata Technologies’s dividend payout ratio (DPR) is presently -88.89%.

Institutional Investors Weigh In On Sensata Technologies

A number of hedge funds have recently modified their holdings of the business. Sei Investments Co. grew its position in shares of Sensata Technologies by 178.4% in the first quarter. Sei Investments Co. now owns 367,005 shares of the scientific and technical instruments company’s stock valued at $13,484,000 after purchasing an additional 235,170 shares in the last quarter. Twin Tree Management LP grew its holdings in Sensata Technologies by 5,796.0% in the 1st quarter. Twin Tree Management LP now owns 100,939 shares of the scientific and technical instruments company’s stock valued at $3,708,000 after buying an additional 99,227 shares in the last quarter. State Board of Administration of Florida Retirement System increased its stake in shares of Sensata Technologies by 9.9% in the 1st quarter. State Board of Administration of Florida Retirement System now owns 158,141 shares of the scientific and technical instruments company’s stock worth $5,810,000 after acquiring an additional 14,186 shares during the last quarter. Millennium Management LLC raised its holdings in shares of Sensata Technologies by 84.8% during the 2nd quarter. Millennium Management LLC now owns 5,059,047 shares of the scientific and technical instruments company’s stock worth $189,158,000 after acquiring an additional 2,321,782 shares during the period. Finally, Quadrature Capital Ltd acquired a new position in shares of Sensata Technologies during the 1st quarter valued at about $1,054,000. 99.42% of the stock is currently owned by institutional investors and hedge funds.

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.