HighTower Advisors LLC Has $513,000 Stake in Sensata Technologies Holding plc (NYSE:ST)

HighTower Advisors LLC raised its holdings in Sensata Technologies Holding plc (NYSE:ST) by 16.9% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 14,278 shares of the scientific and technical instruments company’s stock after acquiring an additional 2,061 shares during the quarter. HighTower Advisors LLC’s holdings in Sensata Technologies were worth $513,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Millennium Management LLC grew its position in shares of Sensata Technologies by 84.8% in the 2nd quarter. Millennium Management LLC now owns 5,059,047 shares of the scientific and technical instruments company’s stock valued at $189,158,000 after acquiring an additional 2,321,782 shares during the period. Eminence Capital LP raised its stake in Sensata Technologies by 31.8% in the second quarter. Eminence Capital LP now owns 3,423,317 shares of the scientific and technical instruments company’s stock valued at $127,998,000 after buying an additional 826,353 shares during the period. Victory Capital Management Inc. lifted its position in shares of Sensata Technologies by 64.5% in the second quarter. Victory Capital Management Inc. now owns 1,854,773 shares of the scientific and technical instruments company’s stock valued at $69,350,000 after buying an additional 727,521 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Sensata Technologies by 16.5% during the 2nd quarter. Dimensional Fund Advisors LP now owns 4,643,665 shares of the scientific and technical instruments company’s stock worth $173,627,000 after acquiring an additional 658,728 shares during the period. Finally, FMR LLC increased its holdings in shares of Sensata Technologies by 18.9% during the 3rd quarter. FMR LLC now owns 3,895,776 shares of the scientific and technical instruments company’s stock worth $139,703,000 after acquiring an additional 618,202 shares during the last quarter. 99.42% of the stock is owned by institutional investors.

Sensata Technologies Price Performance

Sensata Technologies stock opened at $27.24 on Friday. The stock has a fifty day moving average of $32.59 and a 200-day moving average of $35.69. The stock has a market capitalization of $4.07 billion, a P/E ratio of -50.44, a price-to-earnings-growth ratio of 0.89 and a beta of 1.22. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.76 and a current ratio of 2.60. Sensata Technologies Holding plc has a 52 week low of $27.16 and a 52 week high of $43.14.

Sensata Technologies (NYSE:ST) last posted its earnings results on Monday, November 4th. The scientific and technical instruments company reported $0.86 EPS for the quarter, hitting analysts’ consensus estimates of $0.86. Sensata Technologies had a negative net margin of 1.98% and a positive return on equity of 17.68%. The firm had revenue of $982.80 million during the quarter, compared to analysts’ expectations of $983.93 million. During the same quarter in the prior year, the business earned $0.91 earnings per share. The business’s revenue for the quarter was down 1.8% compared to the same quarter last year. On average, sell-side analysts expect that Sensata Technologies Holding plc will post 3.43 earnings per share for the current fiscal year.

Sensata Technologies Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 13th were paid a dividend of $0.12 per share. The ex-dividend date of this dividend was Wednesday, November 13th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.76%. Sensata Technologies’s payout ratio is presently -88.89%.

Analyst Ratings Changes

Several analysts recently commented on ST shares. Truist Financial reduced their target price on shares of Sensata Technologies from $38.00 to $33.00 and set a “hold” rating for the company in a report on Tuesday, November 5th. Robert W. Baird dropped their price objective on shares of Sensata Technologies from $40.00 to $36.00 and set a “neutral” rating for the company in a research note on Tuesday, November 5th. Stifel Nicolaus decreased their target price on shares of Sensata Technologies from $43.00 to $38.00 and set a “hold” rating on the stock in a research report on Tuesday, November 5th. Evercore ISI dropped their price target on shares of Sensata Technologies from $60.00 to $50.00 and set an “outperform” rating for the company in a research report on Tuesday, October 15th. Finally, The Goldman Sachs Group reduced their price target on Sensata Technologies from $41.00 to $39.00 and set a “neutral” rating on the stock in a research report on Tuesday, October 1st. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $41.00.

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.