Sensata Technologies Holding plc (NYSE:ST) Position Raised by Loomis Sayles & Co. L P

Loomis Sayles & Co. L P grew its position in shares of Sensata Technologies Holding plc (NYSE:ST) by 11.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 305,212 shares of the scientific and technical instruments company’s stock after acquiring an additional 32,151 shares during the quarter. Loomis Sayles & Co. L P owned about 0.20% of Sensata Technologies worth $8,363,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of ST. Blue Trust Inc. raised its stake in Sensata Technologies by 738.7% during the 4th quarter. Blue Trust Inc. now owns 931 shares of the scientific and technical instruments company’s stock valued at $26,000 after acquiring an additional 820 shares in the last quarter. Venturi Wealth Management LLC raised its stake in shares of Sensata Technologies by 67.6% during the fourth quarter. Venturi Wealth Management LLC now owns 2,026 shares of the scientific and technical instruments company’s stock valued at $56,000 after purchasing an additional 817 shares in the last quarter. Quarry LP lifted its holdings in Sensata Technologies by 61.2% in the third quarter. Quarry LP now owns 1,714 shares of the scientific and technical instruments company’s stock worth $61,000 after purchasing an additional 651 shares during the period. Parkside Financial Bank & Trust grew its position in Sensata Technologies by 48.2% in the 4th quarter. Parkside Financial Bank & Trust now owns 2,523 shares of the scientific and technical instruments company’s stock valued at $69,000 after buying an additional 820 shares in the last quarter. Finally, R Squared Ltd acquired a new position in Sensata Technologies during the 4th quarter valued at about $104,000. Institutional investors own 99.42% of the company’s stock.

Analysts Set New Price Targets

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

Sensata Technologies Price Performance

ST stock opened at $24.79 on Friday. Sensata Technologies Holding plc has a one year low of $24.42 and a one year high of $43.14. The firm has a 50-day moving average of $27.80 and a two-hundred day moving average of $30.68. The firm has a market capitalization of $3.71 billion, a PE ratio of 29.51, a P/E/G ratio of 1.25 and a beta of 1.20. The company has a current ratio of 2.85, a quick ratio of 1.99 and a debt-to-equity ratio of 1.11.

Sensata Technologies (NYSE:ST) last issued its quarterly earnings results on Tuesday, February 11th. The scientific and technical instruments company reported $0.76 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, analysts forecast that Sensata Technologies Holding plc will post 3.21 earnings per share for the current year.

Sensata Technologies Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, February 26th. Investors of record on Wednesday, February 12th were given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 1.94%. The ex-dividend date of this dividend 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.