Sensata Technologies Holding plc (NYSE:ST) Stock Holdings Increased by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP raised its holdings in shares of Sensata Technologies Holding plc (NYSE:ST) by 16.5% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,643,665 shares of the scientific and technical instruments company’s stock after acquiring an additional 658,728 shares during the period. Dimensional Fund Advisors LP owned approximately 3.08% of Sensata Technologies worth $173,627,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in ST. Kodai Capital Management LP bought a new stake in shares of Sensata Technologies in the 4th quarter worth $133,156,000. Eminence Capital LP bought a new stake in shares of Sensata Technologies in the 4th quarter worth $46,794,000. SG Americas Securities LLC raised its stake in shares of Sensata Technologies by 2,624.2% in the 1st quarter. SG Americas Securities LLC now owns 918,082 shares of the scientific and technical instruments company’s stock worth $33,730,000 after buying an additional 884,381 shares in the last quarter. Capitolis Liquid Global Markets LLC bought a new stake in shares of Sensata Technologies in the 1st quarter worth $28,969,000. Finally, Victory Capital Management Inc. raised its stake in shares of Sensata Technologies by 64.5% in 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 buying an additional 727,521 shares in the last quarter. Institutional investors own 99.42% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. Bank of America dropped their price objective on Sensata Technologies from $44.00 to $41.00 and set a “neutral” rating on the stock in a research note on Tuesday, July 30th. Oppenheimer decreased their target price on Sensata Technologies from $50.00 to $47.00 and set an “outperform” rating on the stock in a report on Wednesday, July 31st. Truist Financial decreased their target price on Sensata Technologies from $46.00 to $38.00 and set a “hold” rating on the stock in a report on Tuesday, July 30th. Vertical Research started coverage on Sensata Technologies in a report on Tuesday, July 23rd. They issued a “buy” rating and a $55.00 target price on the stock. Finally, Wolfe Research started coverage on 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 issued a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $44.10.

Sensata Technologies Stock Performance

Shares of ST stock opened at $35.36 on Friday. Sensata Technologies Holding plc has a 1-year low of $30.56 and a 1-year high of $43.14. The company has a current ratio of 1.77, a quick ratio of 1.31 and a debt-to-equity ratio of 1.06. The company has a market capitalization of $5.32 billion, a price-to-earnings ratio of -321.41, a P/E/G ratio of 1.38 and a beta of 1.26. The stock’s fifty day simple moving average is $37.13 and its 200-day simple moving average is $37.69.

Sensata Technologies (NYSE:ST) last released 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 analysts’ expectations 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 last year, the firm earned $0.97 earnings per share. On average, sell-side analysts predict 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 given a dividend of $0.12 per share. The ex-dividend date of this dividend was Wednesday, August 14th. This represents a $0.48 dividend on an annualized basis and a yield of 1.36%. Sensata Technologies’s payout ratio is -436.36%.

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.