Sensata Technologies Holding plc (NYSE:ST) Shares Sold by Quadrature Capital Ltd

Quadrature Capital Ltd lowered its position in Sensata Technologies Holding plc (NYSE:ST) by 91.0% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 7,600 shares of the scientific and technical instruments company’s stock after selling 77,226 shares during the quarter. Quadrature Capital Ltd’s holdings in Sensata Technologies were worth $272,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the business. Quarry LP lifted its holdings in Sensata Technologies by 227.1% in the second quarter. Quarry LP now owns 1,063 shares of the scientific and technical instruments company’s stock worth $40,000 after purchasing an additional 738 shares during the period. Assetmark Inc. boosted its holdings in shares of 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 in the last quarter. First Horizon Advisors Inc. increased its stake in shares of Sensata Technologies by 57.9% during the second quarter. First Horizon Advisors Inc. now owns 2,529 shares of the scientific and technical instruments company’s stock valued at $95,000 after acquiring an additional 927 shares during the period. nVerses Capital LLC bought a new stake in Sensata Technologies during the second quarter worth approximately $131,000. Finally, Canada Pension Plan Investment Board acquired a new stake in Sensata Technologies in the second quarter worth approximately $142,000. Institutional investors own 99.42% of the company’s stock.

Sensata Technologies Stock Performance

Shares of Sensata Technologies stock opened at $30.96 on Wednesday. Sensata Technologies Holding plc has a 12 month low of $30.05 and a 12 month high of $43.14. The company has a quick ratio of 1.76, a current ratio of 2.60 and a debt-to-equity ratio of 1.08. The stock has a market cap of $4.63 billion, a PE ratio of -57.33, a price-to-earnings-growth ratio of 0.89 and a beta of 1.22. The business has a fifty day simple moving average of $33.62 and a 200-day simple moving average of $36.36.

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

Sensata Technologies Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 13th were given a $0.12 dividend. The ex-dividend date of this dividend was Wednesday, November 13th. This represents a $0.48 dividend on an annualized basis and a yield of 1.55%. Sensata Technologies’s payout ratio is -88.89%.

Wall Street Analyst Weigh In

A number of research firms have recently commented on ST. TD Cowen dropped their price objective on Sensata Technologies from $50.00 to $45.00 and set a “buy” rating on the stock in a research note on Wednesday, November 6th. Truist Financial cut their price target 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. Stifel Nicolaus dropped their target price on shares of Sensata Technologies from $43.00 to $38.00 and set a “hold” rating on the stock in a report on Tuesday, November 5th. Wolfe Research initiated coverage on shares of Sensata Technologies in a research note on Thursday, September 5th. They set a “peer perform” rating for the company. Finally, The Goldman Sachs Group decreased their price target on shares of 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 issued a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus 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.