Sensata Technologies Holding plc (NYSE:ST) Shares Sold by Harbor Capital Advisors Inc.

Harbor Capital Advisors Inc. decreased its holdings in Sensata Technologies Holding plc (NYSE:ST) by 17.1% in the fourth quarter, Holdings Channel reports. The fund owned 378,758 shares of the scientific and technical instruments company’s stock after selling 78,197 shares during the period. Harbor Capital Advisors Inc.’s holdings in Sensata Technologies were worth $10,378,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Quarry LP grew its stake in shares of 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. lifted its holdings 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 last quarter. Canada Pension Plan Investment Board acquired a new stake in Sensata Technologies during the second quarter worth $142,000. Capstone Investment Advisors LLC purchased a new stake in Sensata Technologies in the third quarter valued at $237,000. Finally, Captrust Financial Advisors lifted its stake in shares of Sensata Technologies by 21.5% in the 3rd quarter. Captrust Financial Advisors now owns 7,146 shares of the scientific and technical instruments company’s stock valued at $256,000 after purchasing an additional 1,264 shares during the last quarter. 99.42% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts recently issued reports on ST shares. Evercore ISI reduced their price objective on shares of Sensata Technologies from $60.00 to $50.00 and set an “outperform” rating on the stock in a report on Tuesday, October 15th. JPMorgan Chase & Co. decreased their price objective on shares of Sensata Technologies from $34.00 to $32.00 and set an “underweight” rating on the stock in a report on Tuesday, November 5th. Stifel Nicolaus cut their target price on Sensata Technologies from $43.00 to $38.00 and set a “hold” rating on the stock in a research report on Tuesday, November 5th. Robert W. Baird lowered their price target on Sensata Technologies from $40.00 to $36.00 and set a “neutral” rating for the company in a research report on Tuesday, November 5th. Finally, TD Cowen cut their price objective on Sensata Technologies from $50.00 to $45.00 and set a “buy” rating on the stock in a report on Wednesday, November 6th. 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. Based on data from MarketBeat, Sensata Technologies has an average rating of “Hold” and an average price target of $41.00.

Sensata Technologies Stock Down 2.2 %

Shares of Sensata Technologies stock traded down $0.62 on Friday, reaching $27.11. 366,841 shares of the company were exchanged, compared to its average volume of 1,090,796. The stock’s 50 day moving average price is $30.41 and its 200-day moving average price is $34.57. The company has a market cap of $4.05 billion, a P/E ratio of -50.20, a price-to-earnings-growth ratio of 0.89 and a beta of 1.24. Sensata Technologies Holding plc has a 1-year low of $26.65 and a 1-year high of $43.14. The company has a debt-to-equity ratio of 1.08, a current ratio of 2.60 and a quick ratio of 1.76.

Sensata Technologies (NYSE:ST) last posted its quarterly earnings results on Monday, November 4th. The scientific and technical instruments company reported $0.86 EPS for the quarter, hitting the consensus estimate of $0.86. The company had revenue of $982.80 million during the quarter, compared to analysts’ expectations of $983.93 million. Sensata Technologies had a negative net margin of 1.98% and a positive return on equity of 17.68%. The firm’s revenue was down 1.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.91 EPS. As a group, equities analysts forecast that Sensata Technologies Holding plc will post 3.43 EPS for the current year.

Sensata Technologies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 13th were given a dividend of $0.12 per share. The ex-dividend date of this dividend was Wednesday, November 13th. This represents a $0.48 annualized dividend and a dividend yield of 1.77%. Sensata Technologies’s dividend payout ratio is currently -88.89%.

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.