Reinhart Partners LLC. cut its holdings in shares of Sensata Technologies Holding N.V. (NYSE:ST – Free Report) by 16.1% during the 3rd quarter, Holdings Channel.com reports. The firm owned 135,707 shares of the scientific and technical instruments company’s stock after selling 26,068 shares during the quarter. Reinhart Partners LLC.’s holdings in Sensata Technologies were worth $5,640,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in ST. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in shares of Sensata Technologies in the second quarter valued at approximately $4,824,000. Medina Value Partners LLC bought a new position in Sensata Technologies in the 4th quarter worth approximately $3,753,000. Strategic Global Advisors LLC grew its stake in Sensata Technologies by 92.3% in the 4th quarter. Strategic Global Advisors LLC now owns 298,367 shares of the scientific and technical instruments company’s stock valued at $9,933,000 after buying an additional 143,227 shares in the last quarter. Hudson Edge Investment Partners Inc. purchased a new position in Sensata Technologies in the 1st quarter valued at approximately $951,000. Finally, Invenomic Capital Management LP raised its holdings in Sensata Technologies by 3.9% during the 4th quarter. Invenomic Capital Management LP now owns 1,217,415 shares of the scientific and technical instruments company’s stock valued at $40,528,000 after acquiring an additional 45,160 shares during the period. Institutional investors own 99.42% of the company’s stock.
Wall Street Analysts Forecast Growth
ST has been the topic of several recent research reports. Weiss Ratings downgraded Sensata Technologies from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, July 30th. Wells Fargo & Company boosted their price objective on Sensata Technologies from $48.00 to $49.00 and gave the company an “equal weight” rating in a research note on Thursday, June 25th. Bank of America increased their price objective on Sensata Technologies from $46.00 to $48.00 and gave the stock a “neutral” rating in a report on Thursday, July 9th. Barclays raised their target price on Sensata Technologies from $53.00 to $55.00 and gave the stock an “equal weight” rating in a research note on Monday, August 3rd. Finally, Wall Street Zen lowered Sensata Technologies from a “strong-buy” rating to a “buy” rating in a report on Sunday, September 20th. Four equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $48.80.
Sensata Technologies Stock Up 0.2%
Shares of NYSE:ST opened at $42.32 on Friday. The firm has a fifty day moving average price of $43.17 and a two-hundred day moving average price of $44.11. The company has a market cap of $6.16 billion, a price-to-earnings ratio of 70.54, a PEG ratio of 1.26 and a beta of 1.25. The company has a debt-to-equity ratio of 0.83, a current ratio of 2.29 and a quick ratio of 1.58. Sensata Technologies Holding N.V. has a one year low of $28.16 and a one year high of $53.89.
Sensata Technologies (NYSE:ST – Get Free Report) last released its quarterly earnings results on Wednesday, July 29th. The scientific and technical instruments company reported $0.98 earnings per share for the quarter, topping the consensus estimate of $0.93 by $0.05. Sensata Technologies had a net margin of 2.37% and a return on equity of 18.68%. The firm had revenue of $990.60 million for the quarter, compared to analysts’ expectations of $970.39 million. During the same quarter in the prior year, the firm posted $0.87 earnings per share. The business’s quarterly revenue was up 5.0% on a year-over-year basis. Sensata Technologies has set its Q3 2026 guidance at 0.930-0.970 EPS. Analysts anticipate that Sensata Technologies Holding N.V. will post 3.77 EPS for the current fiscal year.
Sensata Technologies Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 26th. Shareholders of record on Wednesday, August 12th were paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date was Wednesday, August 12th. Sensata Technologies’s dividend payout ratio is currently 80.00%.
About Sensata Technologies
Sensata Technologies Holding plc (NYSE: ST) is an industrial technology company that develops and manufactures sensors, electrical protection components and control systems. Its products are designed to measure and manage conditions such as pressure, temperature, position, speed, force, current and fluid levels, helping equipment operate safely and efficiently.
The company serves a range of end markets, including automotive, commercial and off-highway vehicles, aerospace, industrial equipment, heating and air-conditioning systems, and energy management.
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