Northwest Investment Counselors LLC Sells 551 Shares of Sensata Technologies Holding plc (NYSE:ST)

Northwest Investment Counselors LLC lowered its position in Sensata Technologies Holding plc (NYSE:ST) by 2.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 26,538 shares of the scientific and technical instruments company’s stock after selling 551 shares during the quarter. Northwest Investment Counselors LLC’s holdings in Sensata Technologies were worth $952,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Foundry Partners LLC boosted its holdings in shares of Sensata Technologies by 11.8% during the first quarter. Foundry Partners LLC now owns 120,206 shares of the scientific and technical instruments company’s stock worth $4,416,000 after purchasing an additional 12,708 shares during the period. Sei Investments Co. boosted its holdings in Sensata Technologies by 178.4% in the first quarter. Sei Investments Co. now owns 367,005 shares of the scientific and technical instruments company’s stock worth $13,484,000 after purchasing an additional 235,170 shares during the last quarter. Twin Tree Management LP boosted its stake in shares of Sensata Technologies by 5,796.0% during the 1st quarter. Twin Tree Management LP now owns 100,939 shares of the scientific and technical instruments company’s stock worth $3,708,000 after acquiring an additional 99,227 shares during the last quarter. Illinois Municipal Retirement Fund lifted its stake in shares of Sensata Technologies by 141.5% during the 1st quarter. Illinois Municipal Retirement Fund now owns 30,308 shares of the scientific and technical instruments company’s stock valued at $1,114,000 after buying an additional 17,757 shares in the last quarter. Finally, State Board of Administration of Florida Retirement System lifted its stake in shares of Sensata Technologies by 9.9% during the 1st quarter. State Board of Administration of Florida Retirement System now owns 158,141 shares of the scientific and technical instruments company’s stock valued at $5,810,000 after buying an additional 14,186 shares in the last quarter. Institutional investors own 99.42% of the company’s stock.

Sensata Technologies Stock Down 1.4 %

Shares of ST traded down $0.49 during mid-day trading on Monday, reaching $35.50. 286,479 shares of the stock traded hands, compared to its average volume of 1,882,242. The company has a quick ratio of 1.31, a current ratio of 1.77 and a debt-to-equity ratio of 1.06. The stock has a fifty day simple moving average of $36.13 and a 200 day simple moving average of $37.69. The firm has a market cap of $5.36 billion, a price-to-earnings ratio of 899.97, a P/E/G ratio of 1.42 and a beta of 1.25. Sensata Technologies Holding plc has a 12-month low of $30.56 and a 12-month high of $43.14.

Sensata Technologies (NYSE:ST) last issued its quarterly earnings results on Monday, July 29th. The scientific and technical instruments company reported $0.93 EPS for the quarter, hitting the consensus estimate of $0.93. Sensata Technologies had a net margin of 0.21% and a return on equity of 17.57%. The firm had revenue of $1.04 billion for the quarter, compared to analysts’ expectations of $1.04 billion. During the same period in the previous year, the business earned $0.97 earnings per share. Sensata Technologies’s revenue for the quarter was down 2.5% compared to the same quarter last year. Sell-side analysts expect that Sensata Technologies Holding plc will post 3.55 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

ST has been the subject of a number of recent analyst reports. Vertical Research started coverage on shares of Sensata Technologies in a research note on Tuesday, July 23rd. They set a “buy” rating and a $55.00 price target for the company. Truist Financial cut their price objective on shares of Sensata Technologies from $46.00 to $38.00 and set a “hold” rating on the stock in a research note on Tuesday, July 30th. Wolfe Research started coverage on shares of Sensata Technologies in a report on Thursday, September 5th. They set a “peer perform” rating on the stock. JPMorgan Chase & Co. lowered their price target on shares of Sensata Technologies from $35.00 to $34.00 and set an “underweight” rating on the stock in a report on Friday, October 4th. Finally, Oppenheimer decreased their price objective on shares of Sensata Technologies from $50.00 to $47.00 and set an “outperform” rating on the stock in a report on Wednesday, July 31st. One analyst has rated the stock with a sell rating, seven have given a hold rating and three have issued a buy rating to the stock. According to MarketBeat, Sensata Technologies currently has a consensus rating of “Hold” and a consensus target price of $43.40.

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.