Sensata Technologies (NYSE:ST) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Sensata Technologies (NYSE:ST) from a buy rating to a strong-buy rating in a report published on Saturday,Wall Street Zen reports.

A number of other brokerages also recently weighed in on ST. Bank of America increased their price target on shares of Sensata Technologies from $46.00 to $48.00 and gave the company a “neutral” rating in a report on Thursday, July 9th. Oppenheimer increased their target price on shares of Sensata Technologies from $55.00 to $58.00 and gave the company an “outperform” rating in a research note on Friday, July 31st. Weiss Ratings lowered Sensata Technologies from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, July 30th. UBS Group reaffirmed a “buy” rating and issued a $57.00 price target on shares of Sensata Technologies in a report on Tuesday, June 2nd. Finally, Wells Fargo & Company raised their price objective on Sensata Technologies from $48.00 to $49.00 and gave the stock an “equal weight” rating in a research report on Thursday, June 25th. Four research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Sensata Technologies has an average rating of “Hold” and a consensus price target of $49.10.

Sensata Technologies Price Performance

NYSE ST opened at $41.40 on Friday. The stock has a 50-day simple moving average of $44.41 and a 200 day simple moving average of $43.19. Sensata Technologies has a twelve month low of $28.16 and a twelve month high of $53.89. The stock has a market capitalization of $6.02 billion, a PE ratio of 69.00, a P/E/G ratio of 1.30 and a beta of 1.25. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.58 and a current ratio of 2.29.

Sensata Technologies (NYSE:ST) last issued its quarterly earnings results on Wednesday, July 29th. The scientific and technical instruments company reported $0.98 EPS for the quarter, topping the consensus estimate of $0.93 by $0.05. Sensata Technologies had a return on equity of 18.68% and a net margin of 2.37%.The company had revenue of $990.60 million for the quarter, compared to the consensus estimate of $970.39 million. During the same period in the previous year, the business posted $0.87 EPS. The company’s revenue for the quarter was up 5.0% on a year-over-year basis. Sensata Technologies has set its Q3 2026 guidance at 0.930-0.970 EPS. Research analysts anticipate that Sensata Technologies will post 3.77 EPS for the current year.

Sensata Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 26th. Stockholders of record on Wednesday, August 12th were paid a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 1.2%. The ex-dividend date was Wednesday, August 12th. Sensata Technologies’s dividend payout ratio is currently 80.00%.

Hedge Funds Weigh In On Sensata Technologies

Hedge funds and other institutional investors have recently modified their holdings of the stock. California State Teachers Retirement System raised its stake in Sensata Technologies by 4,686.5% during the second quarter. California State Teachers Retirement System now owns 8,092,933 shares of the scientific and technical instruments company’s stock worth $386,357,000 after acquiring an additional 7,923,855 shares in the last quarter. Pzena Investment Management LLC boosted its stake in shares of Sensata Technologies by 380.4% in the 4th quarter. Pzena Investment Management LLC now owns 3,509,416 shares of the scientific and technical instruments company’s stock valued at $116,828,000 after purchasing an additional 2,778,918 shares in the last quarter. Norges Bank bought a new stake in shares of Sensata Technologies in the 4th quarter worth about $62,966,000. Quantinno Capital Management LP grew its holdings in shares of Sensata Technologies by 45.5% in the 1st quarter. Quantinno Capital Management LP now owns 2,402,063 shares of the scientific and technical instruments company’s stock worth $84,601,000 after purchasing an additional 750,646 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its position in shares of Sensata Technologies by 29.8% during the 1st quarter. Bank of New York Mellon Corp now owns 1,356,087 shares of the scientific and technical instruments company’s stock worth $47,761,000 after purchasing an additional 311,424 shares in the last quarter. Institutional investors own 99.42% of the company’s stock.

Sensata Technologies Company Profile

Sensata Technologies Holding plc (NYSE: ST) develops and manufactures sensing, electrical protection, and control technologies. Its products are designed to help customers monitor, manage, and protect equipment and systems across transportation, industrial, aerospace, energy, and other markets.

The company’s offerings include pressure, temperature, position, speed, and current sensors, as well as circuit breakers, contactors, controls, and other components used in vehicle systems, industrial machinery, heating and cooling equipment, appliances, and power-management applications.