Blue Trust Inc. Purchases 1,189 Shares of Sensata Technologies Holding plc (NYSE:ST)

Blue Trust Inc. lifted its holdings in Sensata Technologies Holding plc (NYSE:ST) by 1,071.2% in the 4th quarter, HoldingsChannel.com reports. The fund owned 1,300 shares of the scientific and technical instruments company’s stock after buying an additional 1,189 shares during the period. Blue Trust Inc.’s holdings in Sensata Technologies were worth $36,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in ST. Janus Henderson Group PLC raised its holdings in shares of Sensata Technologies by 0.5% during the third quarter. Janus Henderson Group PLC now owns 9,722,999 shares of the scientific and technical instruments company’s stock valued at $348,666,000 after purchasing an additional 45,513 shares during the period. State Street Corp raised its stake in Sensata Technologies by 0.4% during the 3rd quarter. State Street Corp now owns 5,470,903 shares of the scientific and technical instruments company’s stock worth $196,187,000 after buying an additional 23,946 shares during the period. FMR LLC raised its stake 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 period. Massachusetts Financial Services Co. MA grew its stake in Sensata Technologies by 0.4% in the third quarter. Massachusetts Financial Services Co. MA now owns 2,721,353 shares of the scientific and technical instruments company’s stock valued at $97,588,000 after acquiring an additional 11,798 shares during the period. Finally, Geode Capital Management LLC increased its holdings in shares of Sensata Technologies by 1.0% during the third quarter. Geode Capital Management LLC now owns 2,520,062 shares of the scientific and technical instruments company’s stock valued at $90,393,000 after acquiring an additional 24,707 shares in the last quarter. 99.42% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the company. Truist Financial cut their target price on Sensata Technologies from $38.00 to $33.00 and set a “hold” rating on the stock in a report on Tuesday, November 5th. TD Cowen dropped their price objective on shares of Sensata Technologies from $50.00 to $45.00 and set a “buy” rating on the stock in a research note on Wednesday, November 6th. JPMorgan Chase & Co. decreased their target price on shares of Sensata Technologies from $34.00 to $32.00 and set an “underweight” rating for the company in a research report on Tuesday, November 5th. Oppenheimer lowered their target price on shares of Sensata Technologies from $44.00 to $40.00 and set an “outperform” rating on the stock in a report on Thursday, February 13th. Finally, Robert W. Baird cut their price target on Sensata Technologies from $40.00 to $36.00 and set a “neutral” rating for the company in a research note on Tuesday, November 5th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $39.08.

Sensata Technologies Stock Performance

Shares of ST stock opened at $28.75 on Friday. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.99 and a current ratio of 2.85. The firm has a market cap of $4.30 billion, a price-to-earnings ratio of 34.22, a P/E/G ratio of 1.25 and a beta of 1.23. Sensata Technologies Holding plc has a 52 week low of $24.91 and a 52 week high of $43.14. The firm’s 50-day simple moving average is $27.92 and its two-hundred day simple moving average is $32.12.

Sensata Technologies (NYSE:ST) last issued its 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, equities analysts forecast that Sensata Technologies Holding plc will post 3.21 earnings per share for the current year.

Sensata Technologies Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, February 26th. Investors of record on Wednesday, February 12th were paid a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.67%. The ex-dividend date of this dividend was Wednesday, February 12th. Sensata Technologies’s payout ratio is currently 57.14%.

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.