Generali Asset Management SPA SGR Purchases New Shares in Sensata Technologies Holding plc (NYSE:ST)

Generali Asset Management SPA SGR purchased a new stake in Sensata Technologies Holding plc (NYSE:ST) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 5,519 shares of the scientific and technical instruments company’s stock, valued at approximately $151,000.

Other institutional investors have also made changes to their positions in the company. State Street Corp raised its holdings in Sensata Technologies by 0.4% during the 3rd quarter. State Street Corp now owns 5,470,903 shares of the scientific and technical instruments company’s stock worth $196,187,000 after purchasing an additional 23,946 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in Sensata Technologies by 66.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 660,568 shares of the scientific and technical instruments company’s stock worth $23,688,000 after purchasing an additional 264,334 shares during the last quarter. Loomis Sayles & Co. L P bought a new stake in Sensata Technologies during the 3rd quarter worth about $9,791,000. Kempner Capital Management Inc. raised its holdings in Sensata Technologies by 233.9% during the 4th quarter. Kempner Capital Management Inc. now owns 209,064 shares of the scientific and technical instruments company’s stock worth $5,728,000 after purchasing an additional 146,449 shares during the last quarter. Finally, SG Americas Securities LLC bought a new stake in Sensata Technologies during the 4th quarter worth about $701,000. 99.42% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several analysts have weighed in on the company. The Goldman Sachs Group dropped their price objective on Sensata Technologies from $36.00 to $32.00 and set a “neutral” rating for the company in a report on Thursday, January 16th. UBS Group decreased their target price on Sensata Technologies from $38.00 to $37.00 and set a “buy” rating for the company in a research report on Wednesday, February 12th. Evercore ISI decreased their target price on Sensata Technologies from $43.00 to $40.00 and set an “outperform” rating for the company in a research report on Friday, January 17th. Finally, Oppenheimer decreased their target price on Sensata Technologies from $44.00 to $40.00 and set an “outperform” rating for the company in a research report on Thursday, February 13th. One equities research 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. Based on data from MarketBeat, Sensata Technologies currently has an average rating of “Hold” and an average target price of $39.08.

Sensata Technologies Price Performance

Shares of ST opened at $27.17 on Friday. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.99 and a current ratio of 2.85. The stock has a 50 day simple moving average of $27.92 and a 200 day simple moving average of $31.02. Sensata Technologies Holding plc has a 52-week low of $24.91 and a 52-week high of $43.14. The firm has a market capitalization of $4.06 billion, a PE ratio of 32.35, a P/E/G ratio of 1.25 and a beta of 1.20.

Sensata Technologies (NYSE:ST) last released its earnings results on Tuesday, February 11th. The scientific and technical instruments company reported $0.76 EPS for the quarter, meeting the consensus estimate of $0.76. Sensata Technologies had a return on equity of 17.54% and a net margin of 3.27%. Sell-side analysts predict that Sensata Technologies Holding plc will post 3.21 EPS for the current fiscal year.

Sensata Technologies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, February 26th. Shareholders of record on Wednesday, February 12th were paid a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 1.77%. The ex-dividend date of this dividend was Wednesday, February 12th. Sensata Technologies’s payout ratio is 57.14%.

Sensata Technologies Company 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.