Sensata Technologies Holding N.V. (ST) to Issue Quarterly Dividend of $0.12 on May 27th

Sensata Technologies Holding N.V. (NYSE:ST) declared a quarterly dividend on Wednesday, April 15th. Investors of record on Wednesday, May 13th will be paid a dividend of 0.12 per share by the scientific and technical instruments company on Wednesday, May 27th. This represents a c) dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Wednesday, May 13th.

Sensata Technologies has a payout ratio of 13.7% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Sensata Technologies to earn $4.07 per share next year, which means the company should continue to be able to cover its $0.48 annual dividend with an expected future payout ratio of 11.8%.

Sensata Technologies Price Performance

Shares of Sensata Technologies stock opened at $44.92 on Monday. Sensata Technologies has a one year low of $24.04 and a one year high of $45.96. The stock’s fifty day moving average is $37.27 and its 200 day moving average is $34.95. The stock has a market cap of $6.53 billion, a P/E ratio of 144.89, a P/E/G ratio of 1.30 and a beta of 1.21. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.95 and a current ratio of 2.75.

Sensata Technologies (NYSE:ST) last announced its earnings results on Tuesday, March 31st. The scientific and technical instruments company reported $0.86 EPS for the quarter. The company had revenue of $934.80 million for the quarter. Sensata Technologies had a return on equity of 18.23% and a net margin of 1.28%. Sell-side analysts anticipate that Sensata Technologies will post 3.72 earnings per share for the current year.

Insider Buying and Selling

In related news, EVP Lynne J. Caljouw sold 2,913 shares of Sensata Technologies stock in a transaction dated Tuesday, April 7th. The stock was sold at an average price of $34.71, for a total value of $101,110.23. Following the completion of the transaction, the executive vice president owned 72,842 shares in the company, valued at approximately $2,528,345.82. This trade represents a 3.85% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders sold a total of 7,889 shares of company stock valued at $280,345 in the last ninety days. Company insiders own 0.65% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in ST. Goldman Sachs Group Inc. grew its position in Sensata Technologies by 107.8% in the first quarter. Goldman Sachs Group Inc. now owns 419,137 shares of the scientific and technical instruments company’s stock worth $10,172,000 after acquiring an additional 217,418 shares in the last quarter. United Services Automobile Association purchased a new position in Sensata Technologies in the first quarter worth about $246,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Sensata Technologies by 12.2% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 505,957 shares of the scientific and technical instruments company’s stock worth $12,280,000 after acquiring an additional 55,045 shares in the last quarter. Cetera Investment Advisers grew its position in Sensata Technologies by 11.8% in the second quarter. Cetera Investment Advisers now owns 23,409 shares of the scientific and technical instruments company’s stock worth $705,000 after acquiring an additional 2,472 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership purchased a new position in shares of Sensata Technologies during the second quarter valued at approximately $750,000. Hedge funds and other institutional investors own 99.42% of the company’s stock.

About Sensata Technologies

Sensata Technologies Holdings N.V. is a global industrial technology company specializing in the design, development and manufacture of sensors and electrical protection solutions. The company’s product portfolio includes pressure, temperature, position, speed, current and magnetic sensors, as well as circuit breakers and other protection devices. Sensata’s offerings serve a wide array of end markets, with a particularly strong presence in automotive original equipment manufacturers (OEMs), industrial automation, heating, ventilation and air conditioning (HVAC), commercial aerospace and renewable energy sectors.

Headquartered in Attleboro, Massachusetts, Sensata operates a network of manufacturing and engineering facilities across North America, Europe, Asia Pacific and Latin America.