12,074 Shares in Sensata Technologies Holding plc (NYSE:ST) Acquired by Chesapeake Capital Corp IL

Chesapeake Capital Corp IL bought a new stake in Sensata Technologies Holding plc (NYSE:ST) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 12,074 shares of the scientific and technical instruments company’s stock, valued at approximately $451,000.

Other large investors have also recently bought and sold shares of the company. Principal Securities Inc. acquired a new position in shares of Sensata Technologies in the fourth quarter valued at approximately $29,000. GAMMA Investing LLC raised its holdings in Sensata Technologies by 399.0% in the 2nd quarter. GAMMA Investing LLC now owns 968 shares of the scientific and technical instruments company’s stock valued at $36,000 after acquiring an additional 774 shares during the last quarter. Versant Capital Management Inc purchased a new position in shares of Sensata Technologies during the 2nd quarter worth $37,000. SageView Advisory Group LLC acquired a new stake in shares of Sensata Technologies during the first quarter worth $85,000. Finally, First Horizon Advisors Inc. boosted its holdings in shares of Sensata Technologies by 57.9% during the second quarter. First Horizon Advisors Inc. now owns 2,529 shares of the scientific and technical instruments company’s stock worth $95,000 after purchasing an additional 927 shares during the last quarter. Institutional investors and hedge funds own 99.42% of the company’s stock.

Sensata Technologies Stock Performance

NYSE:ST opened at $34.91 on Tuesday. The firm’s fifty day simple moving average is $37.78 and its 200 day simple moving average is $37.69. The company has a current ratio of 1.77, a quick ratio of 1.31 and a debt-to-equity ratio of 1.06. Sensata Technologies Holding plc has a twelve month low of $30.56 and a twelve month high of $43.14. The firm has a market capitalization of $5.27 billion, a price-to-earnings ratio of -317.33, a PEG ratio of 1.26 and a beta of 1.26.

Sensata Technologies (NYSE:ST) last issued its quarterly earnings data on Monday, July 29th. The scientific and technical instruments company reported $0.93 EPS for the quarter, hitting analysts’ consensus estimates of $0.93. Sensata Technologies had a return on equity of 17.57% and a net margin of 0.21%. The company had revenue of $1.04 billion for the quarter, compared to analysts’ expectations of $1.04 billion. During the same quarter in the previous year, the firm posted $0.97 earnings per share. The firm’s quarterly revenue was down 2.5% on a year-over-year basis. As a group, equities research analysts expect that Sensata Technologies Holding plc will post 3.57 earnings per share for the current fiscal year.

Sensata Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 28th. Stockholders of record on Wednesday, August 14th were paid a dividend of $0.12 per share. The ex-dividend date was Wednesday, August 14th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.37%. Sensata Technologies’s dividend payout ratio is currently -436.32%.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the company. Wolfe Research started coverage on Sensata Technologies in a research report on Thursday, September 5th. They set a “peer perform” rating on the stock. Oppenheimer cut their price objective on shares of Sensata Technologies from $50.00 to $47.00 and set an “outperform” rating on the stock in a report on Wednesday, July 31st. Bank of America lowered their target price on shares of Sensata Technologies from $44.00 to $41.00 and set a “neutral” rating for the company in a report on Tuesday, July 30th. Vertical Research began coverage on shares of Sensata Technologies in a research note on Tuesday, July 23rd. They set a “buy” rating and a $55.00 price target on the stock. Finally, Truist Financial decreased their price target on shares of Sensata Technologies from $46.00 to $38.00 and set a “hold” rating on the stock in a report on Tuesday, July 30th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and three have assigned a buy rating to the company. According to MarketBeat, Sensata Technologies currently has an average rating of “Hold” and a consensus price target of $44.10.

Sensata Technologies 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.