CSM Advisors LLC Sells 152,240 Shares of Sensata Technologies Holding plc (NYSE:ST)

CSM Advisors LLC decreased its holdings in shares of Sensata Technologies Holding plc (NYSE:ST) by 74.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 51,182 shares of the scientific and technical instruments company’s stock after selling 152,240 shares during the period. CSM Advisors LLC’s holdings in Sensata Technologies were worth $1,403,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in ST. Blue Trust Inc. raised its holdings in shares of Sensata Technologies by 738.7% in the 4th quarter. Blue Trust Inc. now owns 931 shares of the scientific and technical instruments company’s stock worth $26,000 after acquiring an additional 820 shares during the last quarter. Brown Brothers Harriman & Co. purchased a new stake in shares of Sensata Technologies in the fourth quarter worth approximately $27,000. Venturi Wealth Management LLC lifted its holdings in shares of Sensata Technologies by 67.6% in the fourth quarter. Venturi Wealth Management LLC now owns 2,026 shares of the scientific and technical instruments company’s stock valued at $56,000 after purchasing an additional 817 shares in the last quarter. Parkside Financial Bank & Trust boosted its position in shares of Sensata Technologies by 48.2% during the fourth quarter. Parkside Financial Bank & Trust now owns 2,523 shares of the scientific and technical instruments company’s stock valued at $69,000 after buying an additional 820 shares during the last quarter. Finally, Headlands Technologies LLC grew its holdings in Sensata Technologies by 524.8% during the fourth quarter. Headlands Technologies LLC now owns 2,768 shares of the scientific and technical instruments company’s stock worth $76,000 after buying an additional 2,325 shares in the last quarter. 99.42% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts have weighed in on the company. Robert W. Baird dropped their price objective on Sensata Technologies from $24.00 to $23.00 and set a “neutral” rating on the stock in a research note on Tuesday, April 15th. Oppenheimer cut their price target on shares of Sensata Technologies from $44.00 to $40.00 and set an “outperform” rating on the stock in a report on Thursday, February 13th. Evercore ISI lowered shares of Sensata Technologies from an “outperform” rating to an “inline” rating and decreased their price objective for the company from $40.00 to $27.00 in a research note on Thursday, April 3rd. The Goldman Sachs Group upgraded Sensata Technologies from a “neutral” rating to a “buy” rating and cut their target price for the stock from $31.00 to $27.00 in a research note on Thursday, April 10th. Finally, JPMorgan Chase & Co. dropped their price target on Sensata Technologies from $27.00 to $21.00 and set an “underweight” rating on the stock in a report on Thursday, April 17th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $34.55.

Sensata Technologies Stock Up 3.6 %

Sensata Technologies stock opened at $19.55 on Wednesday. The firm has a market capitalization of $2.92 billion, a price-to-earnings ratio of 23.27, a P/E/G ratio of 1.25 and a beta of 1.12. The firm has a 50 day simple moving average of $25.07 and a 200 day simple moving average of $28.70. Sensata Technologies Holding plc has a 1-year low of $17.32 and a 1-year high of $43.14. The company has a current ratio of 2.85, a quick ratio of 1.99 and a debt-to-equity ratio of 1.11.

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

Sensata Technologies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, May 28th. Stockholders of record on Wednesday, May 14th will be issued a $0.12 dividend. The ex-dividend date is Wednesday, May 14th. This represents a $0.48 annualized dividend and a dividend yield of 2.46%. Sensata Technologies’s payout ratio is currently 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.