Sensata Technologies Holding plc (NYSE:ST) Shares Sold by Amalgamated Bank

Amalgamated Bank lessened its holdings in shares of Sensata Technologies Holding plc (NYSE:ST) by 9.6% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 85,280 shares of the scientific and technical instruments company’s stock after selling 9,071 shares during the period. Amalgamated Bank owned 0.06% of Sensata Technologies worth $3,189,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in ST. Principal Securities Inc. purchased a new stake in Sensata Technologies in the fourth quarter valued at $29,000. GAMMA Investing LLC lifted its holdings in shares of Sensata Technologies by 399.0% in the 2nd quarter. GAMMA Investing LLC now owns 968 shares of the scientific and technical instruments company’s stock valued at $36,000 after purchasing an additional 774 shares during the last quarter. Versant Capital Management Inc acquired a new stake in shares of Sensata Technologies in the 2nd quarter valued at about $37,000. SageView Advisory Group LLC purchased a new position in Sensata Technologies during the 1st quarter worth approximately $85,000. Finally, First Horizon Advisors Inc. increased its position in Sensata Technologies by 57.9% during the second quarter. First Horizon Advisors Inc. now owns 2,529 shares of the scientific and technical instruments company’s stock worth $95,000 after buying an additional 927 shares during the period. Hedge funds and other institutional investors own 99.42% of the company’s stock.

Analyst Ratings Changes

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

Sensata Technologies Stock Performance

Shares of ST stock opened at $35.63 on Tuesday. The company has a current ratio of 1.77, a quick ratio of 1.31 and a debt-to-equity ratio of 1.06. Sensata Technologies Holding plc has a 12-month low of $30.56 and a 12-month high of $43.14. The company has a market cap of $5.36 billion, a price-to-earnings ratio of -323.91, a price-to-earnings-growth ratio of 1.38 and a beta of 1.26. The stock has a 50 day simple moving average of $37.02 and a 200-day simple moving average of $37.74.

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

Sensata Technologies Dividend Announcement

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