Koss Olinger Consulting LLC Sells 384 Shares of Sensata Technologies Holding plc (NYSE:ST)

Koss Olinger Consulting LLC trimmed its position in shares of Sensata Technologies Holding plc (NYSE:ST) by 0.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 61,826 shares of the scientific and technical instruments company’s stock after selling 384 shares during the quarter. Koss Olinger Consulting LLC’s holdings in Sensata Technologies were worth $2,217,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. GAMMA Investing LLC lifted its position in 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 acquiring an additional 774 shares in the last quarter. Versant Capital Management Inc bought a new stake in Sensata Technologies in the 2nd quarter valued at $37,000. Quarry LP lifted its position in Sensata Technologies by 227.1% in the 2nd quarter. Quarry LP now owns 1,063 shares of the scientific and technical instruments company’s stock valued at $40,000 after acquiring an additional 738 shares in the last quarter. SageView Advisory Group LLC bought a new stake in Sensata Technologies in the 1st quarter valued at $85,000. Finally, First Horizon Advisors Inc. lifted its position in Sensata Technologies by 57.9% in the 2nd quarter. First Horizon Advisors Inc. now owns 2,529 shares of the scientific and technical instruments company’s stock valued at $95,000 after acquiring an additional 927 shares in the last quarter. 99.42% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on ST shares. Wolfe Research started coverage on shares of Sensata Technologies in a research report on Thursday, September 5th. They issued a “peer perform” rating on the stock. JPMorgan Chase & Co. cut their price target on shares of Sensata Technologies from $35.00 to $34.00 and set an “underweight” rating on the stock in a research report on Friday, October 4th. Truist Financial cut their price target on shares of Sensata Technologies from $46.00 to $38.00 and set a “hold” rating on the stock in a research report on Tuesday, July 30th. Bank of America cut their price target 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. Finally, Oppenheimer lowered their price objective on shares of Sensata Technologies from $50.00 to $47.00 and set an “outperform” rating on the stock in a research note on Wednesday, July 31st. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $43.40.

Sensata Technologies Stock Down 0.4 %

Shares of ST opened at $35.99 on Monday. Sensata Technologies Holding plc has a 52 week low of $30.56 and a 52 week high of $43.14. The firm has a market cap of $5.43 billion, a P/E ratio of 899.97, a price-to-earnings-growth ratio of 1.42 and a beta of 1.25. The firm’s 50-day simple moving average is $36.13 and its 200 day simple moving average is $37.69. 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 earnings results on Monday, July 29th. The scientific and technical instruments company reported $0.93 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.93. Sensata Technologies had a net margin of 0.21% and a return on equity of 17.57%. The firm had revenue of $1.04 billion for the quarter, compared to analyst estimates of $1.04 billion. During the same quarter in the prior year, the business posted $0.97 EPS. The business’s revenue was down 2.5% compared to the same quarter last year. On average, analysts forecast that Sensata Technologies Holding plc will post 3.55 earnings per share for the current year.

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.