Sensata Technologies Holding plc (NYSE:ST) Shares Acquired by Fulton Bank N.A.

Fulton Bank N.A. grew its stake in Sensata Technologies Holding plc (NYSE:ST) by 6.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 25,595 shares of the scientific and technical instruments company’s stock after purchasing an additional 1,608 shares during the quarter. Fulton Bank N.A.’s holdings in Sensata Technologies were worth $962,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the stock. Mariner LLC raised its stake in Sensata Technologies by 1.5% during the first quarter. Mariner LLC now owns 17,405 shares of the scientific and technical instruments company’s stock worth $885,000 after acquiring an additional 261 shares during the period. Treasurer of the State of North Carolina raised its stake in Sensata Technologies by 0.5% during the third quarter. Treasurer of the State of North Carolina now owns 66,248 shares of the scientific and technical instruments company’s stock worth $2,505,000 after acquiring an additional 340 shares during the period. M&T Bank Corp raised its stake in Sensata Technologies by 5.9% during the third quarter. M&T Bank Corp now owns 6,250 shares of the scientific and technical instruments company’s stock worth $233,000 after acquiring an additional 350 shares during the period. Advisory Services Network LLC raised its stake in Sensata Technologies by 13.4% during the first quarter. Advisory Services Network LLC now owns 3,378 shares of the scientific and technical instruments company’s stock worth $169,000 after acquiring an additional 400 shares during the period. Finally, Yousif Capital Management LLC raised its stake in Sensata Technologies by 9.9% during the first quarter. Yousif Capital Management LLC now owns 4,451 shares of the scientific and technical instruments company’s stock worth $226,000 after acquiring an additional 400 shares during the period. Institutional investors and hedge funds own 99.42% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the stock. Truist Financial dropped their price objective on shares of Sensata Technologies from $39.00 to $36.00 and set a “hold” rating on the stock in a research note on Wednesday, February 7th. Oppenheimer upgraded shares of Sensata Technologies from a “market perform” rating to an “outperform” rating and set a $50.00 target price for the company in a research report on Tuesday, January 30th. JPMorgan Chase & Co. cut shares of Sensata Technologies from a “neutral” rating to an “underweight” rating and decreased their target price for the stock from $37.00 to $34.00 in a research report on Monday, January 8th. Bank of America cut shares of Sensata Technologies from a “buy” rating to a “neutral” rating and decreased their target price for the stock from $46.00 to $38.00 in a research report on Wednesday, February 7th. Finally, Stifel Nicolaus decreased their target price on shares of Sensata Technologies from $40.00 to $36.00 and set a “hold” rating for the company in a research report on Wednesday, February 7th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $39.67.

Sensata Technologies Trading Down 1.7 %

Sensata Technologies stock opened at $35.44 on Friday. The firm has a 50 day simple moving average of $35.05 and a 200-day simple moving average of $35.00. The company has a debt-to-equity ratio of 1.13, a current ratio of 2.55 and a quick ratio of 1.69. The stock has a market capitalization of $5.33 billion, a PE ratio of -708.66, a price-to-earnings-growth ratio of 0.86 and a beta of 1.37. Sensata Technologies Holding plc has a 12-month low of $30.56 and a 12-month high of $48.17.

Sensata Technologies (NYSE:ST) last posted its quarterly earnings data on Tuesday, February 6th. The scientific and technical instruments company reported $0.81 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.86 by ($0.05). The company had revenue of $992.50 million during the quarter, compared to the consensus estimate of $978.05 million. Sensata Technologies had a negative net margin of 0.10% and a positive return on equity of 17.47%. The company’s revenue was down 2.2% on a year-over-year basis. During the same quarter last year, the business earned $0.96 earnings per share. As a group, equities research analysts expect that Sensata Technologies Holding plc will post 3.74 EPS for the current fiscal year.

Sensata Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 28th. Stockholders of record on Wednesday, February 14th were issued a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 1.35%. The ex-dividend date was Tuesday, February 13th. Sensata Technologies’s dividend payout ratio (DPR) is presently -959.81%.

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.