American Century Companies Inc. Acquires 189,560 Shares of Sensata Technologies Holding plc (NYSE:ST)

American Century Companies Inc. boosted its holdings in shares of Sensata Technologies Holding plc (NYSE:ST) by 19.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,189,095 shares of the scientific and technical instruments company’s stock after acquiring an additional 189,560 shares during the quarter. American Century Companies Inc. owned 0.80% of Sensata Technologies worth $32,581,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Tidal Investments LLC increased its position in shares of Sensata Technologies by 1.1% during the third quarter. Tidal Investments LLC now owns 29,346 shares of the scientific and technical instruments company’s stock worth $1,052,000 after acquiring an additional 314 shares during the period. Franklin Resources Inc. increased its holdings in Sensata Technologies by 3.7% during the 3rd 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 increased its holdings in Sensata Technologies by 0.9% during the 4th 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 period. Quarry LP raised its position 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 in the last quarter. Finally, Jones Financial Companies Lllp lifted its holdings in shares of Sensata Technologies by 9.4% in the 4th quarter. Jones Financial Companies Lllp now owns 7,751 shares of the scientific and technical instruments company’s stock worth $212,000 after buying an additional 668 shares during the period. Hedge funds and other institutional investors own 99.42% of the company’s stock.

Wall Street Analyst Weigh In

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

Sensata Technologies Stock Down 5.1 %

Shares of ST stock opened at $24.79 on Friday. The stock’s fifty day moving average price is $27.80 and its 200 day moving average price is $30.71. Sensata Technologies Holding plc has a 1-year low of $24.42 and a 1-year high of $43.14. The company has a market cap of $3.71 billion, a price-to-earnings ratio of 29.51, a price-to-earnings-growth ratio of 1.25 and a beta of 1.20. The company has a debt-to-equity ratio of 1.11, a current ratio of 2.85 and a quick ratio of 1.99.

Sensata Technologies (NYSE:ST) last posted its quarterly earnings data on Tuesday, February 11th. The scientific and technical instruments company reported $0.76 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.76. Sensata Technologies had a net margin of 3.27% and a return on equity of 17.54%. On average, research analysts expect that Sensata Technologies Holding plc will post 3.21 earnings per share for the current fiscal year.

Sensata Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 26th. Stockholders of record on Wednesday, February 12th were issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.94%. The ex-dividend date was Wednesday, February 12th. Sensata Technologies’s dividend payout ratio (DPR) is presently 57.14%.

About Sensata Technologies

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.