SG Americas Securities LLC Makes New Investment in Sensata Technologies Holding plc (NYSE:ST)

SG Americas Securities LLC acquired a new stake in shares of Sensata Technologies Holding plc (NYSE:ST) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 25,601 shares of the scientific and technical instruments company’s stock, valued at approximately $701,000.

A number of other large investors have also modified their holdings of ST. Quarry LP increased its holdings 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 buying an additional 738 shares during the period. Assetmark Inc. increased its stake in Sensata Technologies by 19.0% in the third quarter. Assetmark Inc. now owns 2,602 shares of the scientific and technical instruments company’s stock valued at $93,000 after acquiring an additional 416 shares during the period. Capstone Investment Advisors LLC acquired a new position in Sensata Technologies in the third quarter worth about $237,000. Captrust Financial Advisors raised its position in Sensata Technologies by 21.5% in the third quarter. Captrust Financial Advisors now owns 7,146 shares of the scientific and technical instruments company’s stock worth $256,000 after purchasing an additional 1,264 shares in the last quarter. Finally, 272 Capital LP bought a new position in Sensata Technologies during the third quarter worth about $292,000. 99.42% of the stock is currently owned by institutional investors and hedge funds.

Sensata Technologies Price Performance

Shares of ST stock opened at $27.57 on Thursday. The stock’s fifty day moving average is $29.27 and its 200-day moving average is $33.61. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.76 and a current ratio of 2.60. The stock has a market capitalization of $4.12 billion, a PE ratio of -51.05, a PEG ratio of 0.87 and a beta of 1.24. Sensata Technologies Holding plc has a 52 week low of $26.65 and a 52 week high of $43.14.

Sensata Technologies (NYSE:ST) last issued its quarterly earnings results on Monday, November 4th. The scientific and technical instruments company reported $0.86 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.86. Sensata Technologies had a positive return on equity of 17.68% and a negative net margin of 1.98%. The business had revenue of $982.80 million for the quarter, compared to analyst estimates of $983.93 million. During the same quarter in the prior year, the firm posted $0.91 earnings per share. The firm’s revenue for the quarter was down 1.8% compared to the same quarter last year. Equities research analysts expect that Sensata Technologies Holding plc will post 3.44 EPS for the current fiscal year.

Sensata Technologies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, February 26th. Stockholders of record on Wednesday, February 12th will be paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 1.74%. The ex-dividend date is Wednesday, February 12th. Sensata Technologies’s dividend payout ratio (DPR) is presently -88.89%.

Analyst Upgrades and Downgrades

Several research firms recently commented on ST. TD Cowen cut their target price on Sensata Technologies from $50.00 to $45.00 and set a “buy” rating for the company in a research report on Wednesday, November 6th. Oppenheimer lowered their price target on Sensata Technologies from $47.00 to $44.00 and set an “outperform” rating on the stock in a research report on Tuesday, November 5th. UBS Group lowered their price target on Sensata Technologies from $44.00 to $39.00 and set a “buy” rating on the stock in a research report on Wednesday, November 6th. Truist Financial lowered their price target on Sensata Technologies from $38.00 to $33.00 and set a “hold” rating on the stock in a research report on Tuesday, November 5th. Finally, The Goldman Sachs Group lowered their price target on Sensata Technologies from $36.00 to $32.00 and set a “neutral” rating on the stock in a research report on Thursday, January 16th. One equities 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. Based on data from MarketBeat, Sensata Technologies presently has an average rating of “Hold” and an average target price of $39.58.

Sensata Technologies 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.