Sensata Technologies (NYSE:ST) Stock Gets Price Target Reduction from UBS Group

Sensata Technologies (NYSE:ST) had its target price cut by UBS Group from $57.00 to $54.00 in a research note published on Wednesday,Benzinga reports. They currently have a buy rating on the scientific and technical instruments company’s stock.

Several other analysts have also weighed in on the company. Bank of America upped their target price on Sensata Technologies from $46.00 to $48.00 and gave the company a “neutral” rating in a report on Thursday, July 9th. Barclays boosted their price objective on shares of Sensata Technologies from $53.00 to $55.00 and gave the stock an “equal weight” rating in a research report on Monday, August 3rd. Weiss Ratings downgraded shares of Sensata Technologies from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, July 30th. Wall Street Zen cut shares of Sensata Technologies from a “strong-buy” rating to a “buy” rating in a research report on Sunday, September 20th. Finally, Wells Fargo & Company upped their price target on shares of Sensata Technologies from $48.00 to $49.00 and gave the company an “equal weight” rating in a 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 issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $48.80.

Sensata Technologies Trading Up 0.2%

Shares of Sensata Technologies stock opened at $42.32 on Wednesday. Sensata Technologies has a 12-month low of $28.16 and a 12-month high of $53.89. The company has a current ratio of 2.29, a quick ratio of 1.58 and a debt-to-equity ratio of 0.83. The stock has a market cap of $6.16 billion, a PE ratio of 70.54, a price-to-earnings-growth ratio of 1.26 and a beta of 1.25. The company has a 50-day moving average of $43.17 and a two-hundred day moving average of $44.11.

Sensata Technologies (NYSE:ST) last announced 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. The business had revenue of $990.60 million for the quarter, compared to analyst estimates of $970.39 million. Sensata Technologies had a return on equity of 18.68% and a net margin of 2.37%. The company’s quarterly revenue was up 5.0% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.87 EPS. Sensata Technologies has set its Q3 2026 guidance at 0.930-0.970 EPS. On average, research analysts anticipate that Sensata Technologies will post 3.77 EPS for the current fiscal year.

Sensata Technologies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, August 26th. Shareholders of record on Wednesday, August 12th were issued 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 80.00%.

Institutional Investors Weigh In On Sensata Technologies

A number of hedge funds and other institutional investors have recently modified their holdings of ST. Janus Henderson Group PLC lifted its position in Sensata Technologies by 1.1% during the first quarter. Janus Henderson Group PLC now owns 10,402,517 shares of the scientific and technical instruments company’s stock worth $366,376,000 after buying an additional 112,819 shares during the period. Dimensional Fund Advisors LP grew its holdings in Sensata Technologies by 1.7% in the 1st quarter. Dimensional Fund Advisors LP now owns 7,391,230 shares of the scientific and technical instruments company’s stock valued at $260,302,000 after buying an additional 125,127 shares during the period. Quantinno Capital Management LP grew its holdings in 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 valued at $84,601,000 after buying an additional 750,646 shares during the period. Bank of America Corp DE increased its stake in shares of Sensata Technologies by 5.7% during the 1st quarter. Bank of America Corp DE now owns 1,766,285 shares of the scientific and technical instruments company’s stock valued at $62,209,000 after acquiring an additional 95,874 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its stake 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 valued at $47,761,000 after acquiring an additional 311,424 shares during the last quarter. 99.42% of the stock is currently owned by hedge funds and other institutional investors.

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.