Artisan Partners Limited Partnership Purchases 12,582 Shares of Sensata Technologies Holding plc (NYSE:ST)

Artisan Partners Limited Partnership raised its holdings in shares of Sensata Technologies Holding plc (NYSE:ST) by 0.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 12,072,967 shares of the scientific and technical instruments company’s stock after acquiring an additional 12,582 shares during the period. Artisan Partners Limited Partnership owned about 8.07% of Sensata Technologies worth $330,799,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in ST. Tidal Investments LLC raised its holdings in Sensata Technologies by 1.1% during the 3rd quarter. Tidal Investments LLC now owns 29,346 shares of the scientific and technical instruments company’s stock valued at $1,052,000 after buying an additional 314 shares during the last quarter. Franklin Resources Inc. boosted its holdings in shares of Sensata Technologies by 3.7% during the third quarter. Franklin Resources Inc. now owns 11,442 shares of the scientific and technical instruments company’s stock worth $418,000 after purchasing an additional 403 shares during the period. Arizona State Retirement System grew its stake in shares of Sensata Technologies by 0.9% in the fourth quarter. Arizona State Retirement System now owns 43,810 shares of the scientific and technical instruments company’s stock worth $1,200,000 after purchasing an additional 405 shares during the last quarter. Quarry LP increased its holdings in Sensata Technologies by 61.2% during the 3rd quarter. Quarry LP now owns 1,714 shares of the scientific and technical instruments company’s stock valued at $61,000 after purchasing an additional 651 shares during the period. Finally, Jones Financial Companies Lllp raised its position in Sensata Technologies by 9.4% during the 4th quarter. Jones Financial Companies Lllp now owns 7,751 shares of the scientific and technical instruments company’s stock valued at $212,000 after purchasing an additional 668 shares during the last quarter. 99.42% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on ST shares. Oppenheimer reduced their target price on Sensata Technologies from $44.00 to $40.00 and set an “outperform” rating on the stock in a research note on Thursday, February 13th. Evercore ISI dropped their target price on shares of Sensata Technologies from $43.00 to $40.00 and set an “outperform” rating for the company in a research report on Friday, January 17th. The Goldman Sachs Group decreased their price target on shares of Sensata Technologies from $36.00 to $32.00 and set a “neutral” rating for the company in a research note on Thursday, January 16th. Finally, UBS Group cut their price objective on Sensata Technologies from $38.00 to $37.00 and set a “buy” rating on the stock in a research report on Wednesday, February 12th. One analyst has rated the stock with a sell rating, seven have given a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat.com, Sensata Technologies presently has a consensus rating of “Hold” and a consensus target price of $39.08.

Sensata Technologies Trading Down 1.5 %

NYSE ST opened at $27.44 on Thursday. The stock’s fifty day moving average price is $27.91 and its 200-day moving average price is $30.81. The company has a current ratio of 2.85, a quick ratio of 1.99 and a debt-to-equity ratio of 1.11. The stock has a market cap of $4.10 billion, a P/E ratio of 32.66, a P/E/G ratio of 1.25 and a beta of 1.20. Sensata Technologies Holding plc has a 12 month low of $24.91 and a 12 month high of $43.14.

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, hitting the consensus estimate of $0.76. Sensata Technologies had a net margin of 3.27% and a return on equity of 17.54%. As a group, equities analysts forecast that Sensata Technologies Holding plc will post 3.21 EPS for the current fiscal year.

Sensata Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, February 26th. Shareholders of record on Wednesday, February 12th were issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.75%. The ex-dividend date was Wednesday, February 12th. Sensata Technologies’s payout ratio is 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.