Sensata Technologies Holding plc (NYSE:ST) Director Purchases $2,864,776.29 in Stock

Sensata Technologies Holding plc (NYSE:ST) Director Ali John Mirshekari acquired 73,137 shares of the stock in a transaction on Thursday, May 2nd. The stock was bought at an average price of $39.17 per share, with a total value of $2,864,776.29. Following the transaction, the director now directly owns 73,137 shares in the company, valued at approximately $2,864,776.29. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Sensata Technologies Price Performance

Sensata Technologies stock opened at $41.99 on Wednesday. The firm has a market capitalization of $6.32 billion, a P/E ratio of -381.69, a PEG ratio of 0.97 and a beta of 1.32. The business has a 50-day moving average of $35.78 and a 200-day moving average of $34.80. The company has a current ratio of 2.64, a quick ratio of 1.74 and a debt-to-equity ratio of 1.14. Sensata Technologies Holding plc has a 1 year low of $30.56 and a 1 year high of $47.41.

Sensata Technologies (NYSE:ST) last issued its quarterly earnings data on Monday, April 29th. The scientific and technical instruments company reported $0.89 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.86 by $0.03. The firm had revenue of $1.01 billion during the quarter, compared to analysts’ expectations of $986.51 million. Sensata Technologies had a negative net margin of 0.35% and a positive return on equity of 17.58%. The business’s revenue for the quarter was up .9% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.92 earnings per share. On average, equities analysts anticipate that Sensata Technologies Holding plc will post 3.75 EPS for the current year.

Sensata Technologies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 22nd. Investors of record on Wednesday, May 8th will be paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 1.14%. The ex-dividend date is Tuesday, May 7th. Sensata Technologies’s payout ratio is presently -436.32%.

Analysts Set New Price Targets

A number of brokerages recently weighed in on ST. Jefferies Financial Group initiated coverage on shares of Sensata Technologies in a report on Tuesday, April 9th. They issued a “hold” rating and a $40.00 price target for the company. Oppenheimer raised Sensata Technologies from a “market perform” rating to an “outperform” rating and set a $50.00 target price for the company in a research note on Tuesday, January 30th. Evercore ISI raised Sensata Technologies from an “in-line” rating to an “outperform” rating and upped their price target for the company from $44.00 to $60.00 in a research note on Monday. Bank of America cut Sensata Technologies from a “buy” rating to a “neutral” rating and decreased their price target for the company from $46.00 to $38.00 in a report on Wednesday, February 7th. Finally, Stifel Nicolaus upped their target price on shares of Sensata Technologies from $36.00 to $43.00 and gave the company a “hold” rating in a research report on Tuesday, April 30th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $43.78.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in ST. Amalgamated Bank increased its position in shares of Sensata Technologies by 0.3% during the first quarter. Amalgamated Bank now owns 94,351 shares of the scientific and technical instruments company’s stock worth $3,466,000 after acquiring an additional 310 shares in the last quarter. Fulton Bank N.A. increased its holdings in Sensata Technologies by 1.2% during the 1st quarter. Fulton Bank N.A. now owns 25,912 shares of the scientific and technical instruments company’s stock worth $952,000 after purchasing an additional 317 shares in the last quarter. Northwest Investment Counselors LLC raised its stake in shares of Sensata Technologies by 1.1% in the 1st quarter. Northwest Investment Counselors LLC now owns 28,174 shares of the scientific and technical instruments company’s stock valued at $1,035,000 after purchasing an additional 320 shares during the period. Treasurer of the State of North Carolina lifted its holdings in shares of Sensata Technologies by 0.5% in the third quarter. Treasurer of the State of North Carolina now owns 66,248 shares of the scientific and technical instruments company’s stock valued at $2,505,000 after purchasing an additional 340 shares in the last quarter. Finally, M&T Bank Corp boosted its position in shares of Sensata Technologies by 7.1% during the third quarter. M&T Bank Corp now owns 6,312 shares of the scientific and technical instruments company’s stock worth $239,000 after buying an additional 421 shares during the period. 99.42% of the stock is currently owned by institutional investors.

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.