R Squared Ltd Takes $104,000 Position in Sensata Technologies Holding plc (NYSE:ST)

R Squared Ltd bought a new position in shares of Sensata Technologies Holding plc (NYSE:ST) during the 4th quarter, HoldingsChannel reports. The firm bought 3,790 shares of the scientific and technical instruments company’s stock, valued at approximately $104,000.

Other hedge funds also recently added to or reduced their stakes in the company. Merewether Investment Management LP acquired a new stake in shares of Sensata Technologies during the third quarter worth about $25,446,000. FMR LLC raised its position in Sensata Technologies by 18.9% during the 3rd quarter. FMR LLC now owns 3,895,776 shares of the scientific and technical instruments company’s stock worth $139,703,000 after buying an additional 618,202 shares during the last quarter. Copeland Capital Management LLC lifted its stake 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 acquiring an additional 319,424 shares during the period. Loomis Sayles & Co. L P purchased a new stake in shares of Sensata Technologies in the 3rd quarter valued at $9,791,000. Finally, JPMorgan Chase & Co. increased its stake in shares of Sensata Technologies by 66.7% in the third quarter. JPMorgan Chase & Co. now owns 660,568 shares of the scientific and technical instruments company’s stock worth $23,688,000 after acquiring an additional 264,334 shares during the period. 99.42% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts have commented on ST shares. Truist Financial lowered their price target on shares of Sensata Technologies from $38.00 to $33.00 and set a “hold” rating on the stock in a report on Tuesday, November 5th. Robert W. Baird dropped their target price on Sensata Technologies from $40.00 to $36.00 and set a “neutral” rating on the stock in a report on Tuesday, November 5th. Oppenheimer decreased their price target on Sensata Technologies from $47.00 to $44.00 and set an “outperform” rating for the company in a report on Tuesday, November 5th. UBS Group dropped their price objective on shares of Sensata Technologies from $44.00 to $39.00 and set a “buy” rating on the stock in a research note on Wednesday, November 6th. Finally, TD Cowen decreased their target price on shares of Sensata Technologies from $50.00 to $45.00 and set a “buy” rating for the company in a research note on Wednesday, November 6th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $39.58.

Sensata Technologies Stock Down 0.5 %

Shares of NYSE ST opened at $27.40 on Friday. Sensata Technologies Holding plc has a 52-week low of $26.65 and a 52-week high of $43.14. The company has a quick ratio of 1.76, a current ratio of 2.60 and a debt-to-equity ratio of 1.08. The company’s 50-day simple moving average is $29.21 and its 200-day simple moving average is $33.57. The firm has a market cap of $4.10 billion, a price-to-earnings ratio of -50.74, a price-to-earnings-growth ratio of 0.87 and a beta of 1.24.

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

Sensata Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 26th. Shareholders of record on Wednesday, February 12th will be issued a $0.12 dividend. The ex-dividend date is Wednesday, February 12th. This represents a $0.48 dividend on an annualized basis and a yield of 1.75%. Sensata Technologies’s payout ratio is currently -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.