Mutual of America Capital Management LLC Has $3.23 Million Holdings in Sensata Technologies Holding plc (NYSE:ST)

Mutual of America Capital Management LLC trimmed its stake in shares of Sensata Technologies Holding plc (NYSE:ST) by 4.3% during the second quarter, Holdings Channel.com reports. The firm owned 86,306 shares of the scientific and technical instruments company’s stock after selling 3,878 shares during the period. Mutual of America Capital Management LLC’s holdings in Sensata Technologies were worth $3,227,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Kodai Capital Management LP acquired a new stake in Sensata Technologies in the fourth quarter worth about $133,156,000. Eminence Capital LP bought a new stake in shares of Sensata Technologies during the fourth quarter worth approximately $46,794,000. SG Americas Securities LLC lifted its holdings in Sensata Technologies by 2,624.2% in the first quarter. SG Americas Securities LLC now owns 918,082 shares of the scientific and technical instruments company’s stock valued at $33,730,000 after buying an additional 884,381 shares during the period. Capitolis Liquid Global Markets LLC bought a new position in Sensata Technologies in the first quarter valued at approximately $28,969,000. Finally, Victory Capital Management Inc. grew its holdings in Sensata Technologies by 64.5% during the 2nd quarter. Victory Capital Management Inc. now owns 1,854,773 shares of the scientific and technical instruments company’s stock worth $69,350,000 after acquiring an additional 727,521 shares during the period. 99.42% of the stock is owned by institutional investors.

Sensata Technologies Stock Performance

Shares of ST opened at $35.63 on Tuesday. The firm has a market capitalization of $5.36 billion, a P/E ratio of -323.91, a P/E/G ratio of 1.38 and a beta of 1.26. Sensata Technologies Holding plc has a 52 week low of $30.56 and a 52 week high of $43.14. The stock has a 50 day moving average price of $37.02 and a two-hundred day moving average price of $37.74. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.31 and a current ratio of 1.77.

Sensata Technologies (NYSE:ST) last announced its quarterly earnings data on Monday, July 29th. The scientific and technical instruments company reported $0.93 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.93. The firm had revenue of $1.04 billion during the quarter, compared to the consensus estimate of $1.04 billion. Sensata Technologies had a return on equity of 17.57% and a net margin of 0.21%. The business’s revenue for the quarter was down 2.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.97 EPS. Equities analysts forecast that Sensata Technologies Holding plc will post 3.57 earnings per share for the current fiscal year.

Sensata Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 28th. Investors of record on Wednesday, August 14th were paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 1.35%. The ex-dividend date was Wednesday, August 14th. Sensata Technologies’s dividend payout ratio is currently -436.36%.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. Truist Financial cut their price target on Sensata Technologies from $46.00 to $38.00 and set a “hold” rating on the stock in a research note on Tuesday, July 30th. Oppenheimer reduced their target price on shares of Sensata Technologies from $50.00 to $47.00 and set an “outperform” rating for the company in a research note on Wednesday, July 31st. Vertical Research began coverage on Sensata Technologies in a report on Tuesday, July 23rd. They issued a “buy” rating and a $55.00 price objective for the company. Bank of America lowered their target price on shares of Sensata Technologies from $44.00 to $41.00 and set a “neutral” rating on the stock in a report on Tuesday, July 30th. Finally, Wolfe Research began coverage on shares of Sensata Technologies in a report on Thursday, September 5th. They issued a “peer perform” rating on the stock. One research analyst has rated the stock with a sell rating, eight have given a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, Sensata Technologies currently has a consensus rating of “Hold” and an average price target of $44.10.

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.