Sensata Technologies Holding plc (NYSE:ST) Stock Position Raised by Goodman Financial Corp

Goodman Financial Corp boosted its position in shares of Sensata Technologies Holding plc (NYSE:ST) by 8.1% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 348,560 shares of the scientific and technical instruments company’s stock after purchasing an additional 26,181 shares during the period. Sensata Technologies accounts for 2.0% of Goodman Financial Corp’s investment portfolio, making the stock its 29th biggest holding. Goodman Financial Corp’s holdings in Sensata Technologies were worth $9,551,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the company. Janus Henderson Group PLC boosted its position in shares of Sensata Technologies by 0.5% in the third 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. Boston Partners boosted its position in Sensata Technologies by 11.6% during the 4th quarter. Boston Partners now owns 6,526,941 shares of the scientific and technical instruments company’s stock worth $179,087,000 after acquiring an additional 677,316 shares during the period. State Street Corp boosted its position 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 acquiring an additional 23,946 shares during the period. FMR LLC grew 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 valued at $139,703,000 after acquiring an additional 618,202 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA increased its holdings in shares of Sensata Technologies by 0.4% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 2,721,353 shares of the scientific and technical instruments company’s stock valued at $97,588,000 after purchasing an additional 11,798 shares during the period. 99.42% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

ST has been the subject of several research reports. The Goldman Sachs Group decreased their price target on shares of Sensata Technologies from $36.00 to $32.00 and set a “neutral” rating for the company in a report on Thursday, January 16th. Oppenheimer lowered 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 cut their price objective on Sensata Technologies from $43.00 to $40.00 and set an “outperform” rating for the company in a report on Friday, January 17th. Finally, UBS Group lowered their target price on Sensata Technologies from $38.00 to $37.00 and set a “buy” rating on the stock in a research note on Wednesday, February 12th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $39.08.

Sensata Technologies Stock Performance

ST opened at $27.91 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 company has a market cap of $4.17 billion, a PE ratio of 33.23, a price-to-earnings-growth ratio of 1.25 and a beta of 1.20. The stock has a 50-day moving average of $27.92 and a 200-day moving average of $31.10. Sensata Technologies Holding plc has a 52-week low of $24.91 and a 52-week high of $43.14.

Sensata Technologies (NYSE:ST) last announced its earnings results 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%. As a group, equities research analysts forecast that Sensata Technologies Holding plc will post 3.21 earnings per share 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 given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 1.72%. The ex-dividend date was Wednesday, February 12th. Sensata Technologies’s dividend payout ratio is 57.14%.

About Sensata Technologies

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.