Sensata Technologies Holding plc (NYSE:ST – Get Rating) – Equities researchers at Jefferies Financial Group decreased their Q3 2023 earnings per share estimates for shares of Sensata Technologies in a research note issued to investors on Tuesday, November 22nd. Jefferies Financial Group analyst D. Kelley now forecasts that the scientific and technical instruments company will post earnings per share of $0.92 for the quarter, down from their prior estimate of $0.94. Jefferies Financial Group currently has a “Buy” rating and a $54.00 price objective on the stock. The consensus estimate for Sensata Technologies’ current full-year earnings is $3.33 per share.
Other analysts have also issued research reports about the stock. Royal Bank of Canada cut their target price on shares of Sensata Technologies from $51.00 to $49.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 26th. Citigroup dropped their target price on Sensata Technologies from $45.00 to $42.00 and set a “neutral” rating for the company in a research report on Wednesday, October 26th. Stifel Nicolaus reduced their price target on Sensata Technologies from $52.00 to $48.00 and set a “buy” rating on the stock in a report on Monday, October 10th. StockNews.com assumed coverage on shares of Sensata Technologies in a report on Wednesday, October 12th. They issued a “hold” rating for the company. Finally, JPMorgan Chase & Co. boosted their target price on shares of Sensata Technologies from $42.00 to $47.00 and gave the stock a “neutral” rating in a report on Monday, October 10th. Six investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $55.80.
Sensata Technologies Trading Down 0.1 %
Shares of Sensata Technologies stock opened at $45.03 on Thursday. The firm’s 50 day moving average is $40.66 and its 200 day moving average is $42.49. The firm has a market capitalization of $6.89 billion, a PE ratio of 22.86, a price-to-earnings-growth ratio of 1.23 and a beta of 1.26. Sensata Technologies has a 1 year low of $36.64 and a 1 year high of $65.58. The company has a current ratio of 2.98, a quick ratio of 2.23 and a debt-to-equity ratio of 1.38.
Sensata Technologies Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Wednesday, November 23rd. Investors of record on Wednesday, November 9th were given a dividend of $0.11 per share. The ex-dividend date was Tuesday, November 8th. This represents a $0.44 annualized dividend and a dividend yield of 0.98%. Sensata Technologies’s payout ratio is 22.34%.
Insider Buying and Selling
In other Sensata Technologies news, Director Martha N. Sullivan sold 198,000 shares of Sensata Technologies stock in a transaction that occurred on Tuesday, November 8th. The shares were sold at an average price of $41.42, for a total transaction of $8,201,160.00. Following the transaction, the director now owns 201,268 shares of the company’s stock, valued at approximately $8,336,520.56. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 1.00% of the stock is currently owned by corporate insiders.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. IFP Advisors Inc increased its position in shares of Sensata Technologies by 125.4% during the third quarter. IFP Advisors Inc now owns 453 shares of the scientific and technical instruments company’s stock valued at $25,000 after buying an additional 252 shares during the period. Mariner LLC grew its stake in Sensata Technologies by 1.5% in the 1st quarter. Mariner LLC now owns 17,405 shares of the scientific and technical instruments company’s stock worth $885,000 after buying an additional 261 shares in the last quarter. Ledyard National Bank increased its holdings in shares of Sensata Technologies by 3.7% in the 3rd quarter. Ledyard National Bank now owns 9,737 shares of the scientific and technical instruments company’s stock worth $363,000 after buying an additional 343 shares during the last quarter. M&T Bank Corp raised its position in shares of Sensata Technologies by 5.9% during the 3rd quarter. M&T Bank Corp now owns 6,250 shares of the scientific and technical instruments company’s stock valued at $233,000 after buying an additional 350 shares in the last quarter. Finally, Glenview Trust Co. lifted its holdings in shares of Sensata Technologies by 3.3% during the 1st quarter. Glenview Trust Co. now owns 10,949 shares of the scientific and technical instruments company’s stock worth $557,000 after acquiring an additional 352 shares during the last quarter. 98.58% of the stock is currently owned by hedge funds and other institutional investors.
Sensata Technologies Company Profile
Sensata Technologies Holding plc develops, manufactures, and sells sensors, sensor-based solutions, controls, and other products in the Americas, Europe, Asia, and internationally. It operates in two segments, Performance Sensing and Sensing Solutions. The Performance Sensing segment develops and manufactures sensors, high-voltage contactors, and other solutions used in mission-critical systems and applications, such as tire pressure monitoring, thermal management, electrical protection, regenerative braking, powertrain (engine/transmission), and exhaust management.
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