Sensata Technologies Holding plc (NYSE:ST) Shares Bought by National Bank of Canada FI

National Bank of Canada FI lifted its stake in Sensata Technologies Holding plc (NYSE:ST) by 1,585.8% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 704,520 shares of the scientific and technical instruments company’s stock after purchasing an additional 662,728 shares during the period. National Bank of Canada FI owned approximately 0.47% of Sensata Technologies worth $25,884,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Principal Securities Inc. purchased a new stake in shares of Sensata Technologies during the fourth quarter worth about $29,000. Parkside Financial Bank & Trust boosted its position in shares of Sensata Technologies by 761.2% in the fourth quarter. Parkside Financial Bank & Trust now owns 887 shares of the scientific and technical instruments company’s stock worth $33,000 after acquiring an additional 784 shares during the last quarter. SageView Advisory Group LLC acquired a new stake in shares of Sensata Technologies in the first quarter worth approximately $85,000. TFO Wealth Partners LLC boosted its position in shares of Sensata Technologies by 17,818.8% in the fourth quarter. TFO Wealth Partners LLC now owns 2,867 shares of the scientific and technical instruments company’s stock worth $108,000 after acquiring an additional 2,851 shares during the last quarter. Finally, Covestor Ltd boosted its position in shares of Sensata Technologies by 130.1% in the first quarter. Covestor Ltd now owns 3,815 shares of the scientific and technical instruments company’s stock worth $140,000 after acquiring an additional 2,157 shares during the last quarter. Institutional investors and hedge funds own 99.42% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the stock. Robert W. Baird raised their target price on shares of Sensata Technologies from $37.00 to $47.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 30th. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $36.00 price target (down from $44.00) on shares of Sensata Technologies in a research report on Tuesday, April 9th. Vertical Research began coverage on shares of Sensata Technologies in a research report on Tuesday. They set a “buy” rating and a $55.00 price target on the stock. Stifel Nicolaus lifted their price target on shares of Sensata Technologies from $36.00 to $43.00 and gave the company a “hold” rating in a research report on Tuesday, April 30th. Finally, Evercore ISI raised shares of Sensata Technologies from an “in-line” rating to an “outperform” rating and boosted their target price for the stock from $44.00 to $60.00 in a research report on Monday, May 6th. One analyst has rated the stock with a sell rating, seven have given a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $44.90.

Sensata Technologies Stock Performance

Shares of Sensata Technologies stock traded up $0.82 on Thursday, reaching $38.07. 520,291 shares of the company were exchanged, compared to its average volume of 2,110,534. The company has a debt-to-equity ratio of 1.14, a quick ratio of 1.74 and a current ratio of 2.64. The company’s 50-day moving average is $39.69 and its two-hundred day moving average is $37.12. The firm has a market cap of $5.73 billion, a price-to-earnings ratio of -338.61, a P/E/G ratio of 1.13 and a beta of 1.26. Sensata Technologies Holding plc has a 1-year low of $30.56 and a 1-year high of $43.14.

Sensata Technologies (NYSE:ST) last posted its earnings results on Monday, April 29th. The scientific and technical instruments company reported $0.89 EPS for the quarter, beating the consensus estimate of $0.86 by $0.03. Sensata Technologies had a positive return on equity of 17.58% and a negative net margin of 0.35%. The firm had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $986.51 million. During the same period last year, the firm earned $0.92 EPS. The firm’s revenue was up .9% compared to the same quarter last year. As a group, research analysts expect that Sensata Technologies Holding plc will post 3.75 earnings per share for the current fiscal year.

Sensata Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, August 28th. Investors of record on Wednesday, August 14th will be given a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 1.26%. The ex-dividend date is Wednesday, August 14th. Sensata Technologies’s dividend payout ratio is currently -436.32%.

Insider Buying and Selling at Sensata Technologies

In other news, Director Ali John Mirshekari purchased 73,137 shares of the firm’s stock in a transaction on Thursday, May 2nd. The stock was purchased at an average cost of $39.17 per share, with a total value of $2,864,776.29. Following the purchase, the director now owns 73,137 shares in the company, valued at approximately $2,864,776.29. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 1.00% of the stock is currently owned by corporate insiders.

Sensata Technologies 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.