Sensata Technologies Holding plc (NYSE:ST) Shares Acquired by MML Investors Services LLC

MML Investors Services LLC lifted its holdings in shares of Sensata Technologies Holding plc (NYSE:ST) by 19.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 43,465 shares of the scientific and technical instruments company’s stock after acquiring an additional 7,218 shares during the quarter. MML Investors Services LLC’s holdings in Sensata Technologies were worth $1,559,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Janus Henderson Group PLC increased its stake in Sensata Technologies by 0.5% during the 3rd quarter. Janus Henderson Group PLC now owns 9,722,999 shares of the scientific and technical instruments company’s stock worth $348,666,000 after buying an additional 45,513 shares during the period. State Street Corp increased its stake 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 buying an additional 23,946 shares during the period. Millennium Management LLC increased its stake in Sensata Technologies by 84.8% during the 2nd quarter. Millennium Management LLC now owns 5,059,047 shares of the scientific and technical instruments company’s stock worth $189,158,000 after buying an additional 2,321,782 shares during the period. Dimensional Fund Advisors LP increased its stake in Sensata Technologies by 16.5% during the 2nd quarter. Dimensional Fund Advisors LP now owns 4,643,665 shares of the scientific and technical instruments company’s stock worth $173,627,000 after buying an additional 658,728 shares during the period. Finally, FMR LLC increased its stake in Sensata Technologies by 18.9% during the 3rd quarter. FMR LLC now owns 3,895,776 shares of the scientific and technical instruments company’s stock worth $139,703,000 after buying an additional 618,202 shares during the period. Institutional investors and hedge funds own 99.42% of the company’s stock.

Sensata Technologies Price Performance

Shares of NYSE:ST opened at $29.48 on Wednesday. The company has a quick ratio of 1.76, a current ratio of 2.60 and a debt-to-equity ratio of 1.08. Sensata Technologies Holding plc has a fifty-two week low of $29.33 and a fifty-two week high of $43.14. The firm has a 50-day simple moving average of $33.07 and a 200 day simple moving average of $35.90. The company has a market cap of $4.41 billion, a PE ratio of -54.59, a P/E/G ratio of 0.89 and a beta of 1.22.

Sensata Technologies (NYSE:ST) last announced its quarterly earnings data 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. The business had revenue of $982.80 million during the quarter, compared to the consensus estimate of $983.93 million. Sensata Technologies had a negative net margin of 1.98% and a positive return on equity of 17.68%. The company’s revenue for the quarter was down 1.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.91 EPS. On average, sell-side analysts anticipate that Sensata Technologies Holding plc will post 3.43 EPS for the current year.

Sensata Technologies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 13th were paid a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 1.63%. The ex-dividend date was Wednesday, November 13th. Sensata Technologies’s payout ratio is -88.89%.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the stock. UBS Group dropped their target price on shares of Sensata Technologies from $44.00 to $39.00 and set a “buy” rating for the company in a research report on Wednesday, November 6th. Oppenheimer dropped their target price on shares of Sensata Technologies from $47.00 to $44.00 and set an “outperform” rating for the company in a research report on Tuesday, November 5th. Truist Financial dropped 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 report on Tuesday, November 5th. Robert W. Baird dropped their target price on shares of Sensata Technologies from $40.00 to $36.00 and set a “neutral” rating for the company in a research report on Tuesday, November 5th. Finally, Evercore ISI dropped their target price 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 equities research analyst has rated the stock with a sell rating, seven have given a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, Sensata Technologies has an average rating of “Hold” and a consensus target price of $41.00.

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.