Sensata Technologies Holding plc (NYSE:ST) Stock Position Decreased by Chesapeake Capital Corp IL

Chesapeake Capital Corp IL lessened its holdings in Sensata Technologies Holding plc (NYSE:ST) by 33.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,033 shares of the scientific and technical instruments company’s stock after selling 4,041 shares during the period. Chesapeake Capital Corp IL’s holdings in Sensata Technologies were worth $297,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. GAMMA Investing LLC increased its stake in shares of Sensata Technologies by 399.0% in the second quarter. GAMMA Investing LLC now owns 968 shares of the scientific and technical instruments company’s stock worth $36,000 after purchasing an additional 774 shares during the period. Versant Capital Management Inc bought a new position in Sensata Technologies in the 2nd quarter worth approximately $37,000. Quarry LP raised its position in shares of Sensata Technologies by 227.1% during the 2nd quarter. Quarry LP now owns 1,063 shares of the scientific and technical instruments company’s stock valued at $40,000 after acquiring an additional 738 shares during the last quarter. Assetmark Inc. raised its position in shares of Sensata Technologies by 19.0% during the 3rd quarter. Assetmark Inc. now owns 2,602 shares of the scientific and technical instruments company’s stock valued at $93,000 after acquiring an additional 416 shares during the last quarter. Finally, First Horizon Advisors Inc. raised its position in shares of Sensata Technologies by 57.9% during the 2nd quarter. First Horizon Advisors Inc. now owns 2,529 shares of the scientific and technical instruments company’s stock valued at $95,000 after acquiring an additional 927 shares during the last quarter. Institutional investors and hedge funds own 99.42% of the company’s stock.

Sensata Technologies Price Performance

Shares of Sensata Technologies stock opened at $31.83 on Monday. The firm has a market cap of $4.76 billion, a PE ratio of -58.94, a price-to-earnings-growth ratio of 0.93 and a beta of 1.25. Sensata Technologies Holding plc has a 12-month low of $31.18 and a 12-month high of $43.14. The company has a quick ratio of 1.76, a current ratio of 2.60 and a debt-to-equity ratio of 1.08. The company’s fifty day simple moving average is $34.82 and its two-hundred day simple moving average is $37.54.

Sensata Technologies (NYSE:ST) last announced its earnings results on Monday, November 4th. The scientific and technical instruments company reported $0.86 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.86. Sensata Technologies had a negative net margin of 1.98% and a positive return on equity of 17.68%. The firm had revenue of $982.80 million for the quarter, compared to analyst estimates of $983.93 million. During the same quarter in the previous year, the firm posted $0.91 EPS. The company’s revenue for the quarter was down 1.8% compared to the same quarter last year. As a group, equities analysts expect that Sensata Technologies Holding plc will post 3.43 EPS for the current year.

Sensata Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 13th will be issued a dividend of $0.12 per share. The ex-dividend date is Wednesday, November 13th. This represents a $0.48 annualized dividend and a dividend yield of 1.51%. Sensata Technologies’s payout ratio is -88.89%.

Analysts Set New Price Targets

A number of research firms recently commented on ST. Stifel Nicolaus lowered their price objective on shares of Sensata Technologies from $43.00 to $38.00 and set a “hold” rating for the company in a research report on Tuesday, November 5th. Oppenheimer reduced their price objective on shares of Sensata Technologies from $47.00 to $44.00 and set an “outperform” rating for the company in a research note on Tuesday, November 5th. Truist Financial cut their target price on shares of Sensata Technologies from $38.00 to $33.00 and set a “hold” rating for the company in a research note on Tuesday, November 5th. Bank of America reduced their price target on Sensata Technologies from $44.00 to $41.00 and set a “neutral” rating for the company in a report on Tuesday, July 30th. Finally, Evercore ISI cut their price objective on shares of Sensata Technologies from $60.00 to $50.00 and set an “outperform” rating for the company in a research report on Tuesday, October 15th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, Sensata Technologies has a consensus rating of “Hold” and an average target price of $41.00.

About Sensata Technologies

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.