New World Advisors LLC Sells 1,255 Shares of Sensata Technologies Holding plc (NYSE:ST)

New World Advisors LLC lowered its position in Sensata Technologies Holding plc (NYSE:ST) by 14.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,320 shares of the scientific and technical instruments company’s stock after selling 1,255 shares during the quarter. New World Advisors LLC’s holdings in Sensata Technologies were worth $201,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Y Intercept Hong Kong Ltd lifted its holdings in Sensata Technologies by 11.9% during the fourth quarter. Y Intercept Hong Kong Ltd now owns 22,118 shares of the scientific and technical instruments company’s stock worth $606,000 after buying an additional 2,355 shares during the period. Venturi Wealth Management LLC lifted its holdings in Sensata Technologies by 67.6% during the fourth quarter. Venturi Wealth Management LLC now owns 2,026 shares of the scientific and technical instruments company’s stock worth $56,000 after buying an additional 817 shares during the period. Sanctuary Advisors LLC lifted its holdings in Sensata Technologies by 54.2% during the fourth quarter. Sanctuary Advisors LLC now owns 14,577 shares of the scientific and technical instruments company’s stock worth $400,000 after buying an additional 5,121 shares during the period. State of New Jersey Common Pension Fund D lifted its holdings in Sensata Technologies by 24.1% during the fourth quarter. State of New Jersey Common Pension Fund D now owns 67,759 shares of the scientific and technical instruments company’s stock worth $1,857,000 after buying an additional 13,178 shares during the period. Finally, Rhumbline Advisers lifted its holdings in Sensata Technologies by 1.4% during the fourth quarter. Rhumbline Advisers now owns 384,823 shares of the scientific and technical instruments company’s stock worth $10,544,000 after buying an additional 5,311 shares during the period. Institutional investors own 99.42% of the company’s stock.

Sensata Technologies Price Performance

Shares of ST opened at $29.56 on Monday. The business’s 50-day moving average is $27.88 and its two-hundred day moving average is $32.27. The company has a market capitalization of $4.42 billion, a P/E ratio of 35.19, a P/E/G ratio of 1.25 and a beta of 1.23. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.99 and a current ratio of 2.85. Sensata Technologies Holding plc has a fifty-two week low of $24.91 and a fifty-two week high of $43.14.

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

Sensata Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, February 26th. Stockholders of record on Wednesday, February 12th will be given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.62%. The ex-dividend date is Wednesday, February 12th. Sensata Technologies’s dividend payout ratio (DPR) is presently 57.14%.

Analysts Set New Price Targets

A number of research firms have weighed in on ST. The Goldman Sachs Group lowered their target price on Sensata Technologies from $36.00 to $32.00 and set a “neutral” rating for the company in a report on Thursday, January 16th. Stifel Nicolaus decreased their price objective on Sensata Technologies from $43.00 to $38.00 and set a “hold” rating for the company in a report on Tuesday, November 5th. Robert W. Baird decreased their price objective on Sensata Technologies from $40.00 to $36.00 and set a “neutral” rating for the company in a report on Tuesday, November 5th. TD Cowen decreased their price objective on Sensata Technologies from $50.00 to $45.00 and set a “buy” rating for the company in a report on Wednesday, November 6th. Finally, Truist Financial decreased their price objective on Sensata Technologies from $38.00 to $33.00 and set a “hold” rating for the company in a report on Tuesday, November 5th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, Sensata Technologies presently has a consensus rating of “Hold” and a consensus price target of $39.08.

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.