Nuance Investments LLC Buys New Shares in Sensata Technologies Holding plc (NYSE:ST)

Nuance Investments LLC purchased a new position in shares of Sensata Technologies Holding plc (NYSE:ST) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 241,713 shares of the scientific and technical instruments company’s stock, valued at approximately $6,623,000. Nuance Investments LLC owned approximately 0.16% of Sensata Technologies at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the company. Blue Trust Inc. raised its holdings in shares of Sensata Technologies by 738.7% in the 4th quarter. Blue Trust Inc. now owns 931 shares of the scientific and technical instruments company’s stock valued at $26,000 after purchasing an additional 820 shares during the period. Venturi Wealth Management LLC raised its stake in Sensata Technologies by 67.6% in the fourth quarter. Venturi Wealth Management LLC now owns 2,026 shares of the scientific and technical instruments company’s stock valued at $56,000 after buying an additional 817 shares during the period. Quarry LP lifted its position in shares of Sensata Technologies by 61.2% in the third quarter. Quarry LP now owns 1,714 shares of the scientific and technical instruments company’s stock valued at $61,000 after buying an additional 651 shares during the last quarter. Parkside Financial Bank & Trust boosted its stake in shares of Sensata Technologies by 48.2% during the 4th quarter. Parkside Financial Bank & Trust now owns 2,523 shares of the scientific and technical instruments company’s stock worth $69,000 after acquiring an additional 820 shares during the period. Finally, R Squared Ltd acquired a new position in shares of Sensata Technologies during the 4th quarter worth approximately $104,000. Institutional investors and hedge funds own 99.42% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have commented on ST shares. UBS Group dropped their price objective on shares of Sensata Technologies from $38.00 to $37.00 and set a “buy” rating on the stock in a research report on Wednesday, February 12th. The Goldman Sachs Group cut their price objective on shares of Sensata Technologies from $36.00 to $32.00 and set a “neutral” rating for the company in a research report on Thursday, January 16th. Oppenheimer decreased their target price on Sensata Technologies from $44.00 to $40.00 and set an “outperform” rating on the stock in a research report on Thursday, February 13th. Finally, Evercore ISI lowered their target price on Sensata Technologies from $43.00 to $40.00 and set an “outperform” rating on the stock in a research note on Friday, January 17th. 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 data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $39.08.

Sensata Technologies Stock Performance

NYSE ST opened at $27.82 on Wednesday. The firm’s 50 day simple moving average is $27.93 and its 200 day simple moving average is $30.83. The firm has a market capitalization of $4.16 billion, a price-to-earnings ratio of 33.12, a P/E/G ratio of 1.25 and a beta of 1.20. The company has a current ratio of 2.85, a quick ratio of 1.99 and a debt-to-equity ratio of 1.11. Sensata Technologies Holding plc has a 1 year low of $24.91 and a 1 year high of $43.14.

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%. As a group, research analysts expect that Sensata Technologies Holding plc will post 3.21 earnings per share for the current fiscal year.

Sensata Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 26th. Investors of record on Wednesday, February 12th were given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 1.73%. The ex-dividend date of this dividend was Wednesday, February 12th. Sensata Technologies’s dividend payout ratio is 57.14%.

Sensata Technologies 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.