Teachers Retirement System of The State of Kentucky Has $1.68 Million Position in Sensata Technologies Holding plc (NYSE:ST)

Teachers Retirement System of The State of Kentucky lessened its holdings in shares of Sensata Technologies Holding plc (NYSE:ST) by 2.7% in the third quarter, HoldingsChannel.com reports. The firm owned 46,780 shares of the scientific and technical instruments company’s stock after selling 1,320 shares during the period. Teachers Retirement System of The State of Kentucky’s holdings in Sensata Technologies were worth $1,677,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. Janus Henderson Group PLC lifted its holdings 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 valued at $348,666,000 after purchasing an additional 45,513 shares in the last quarter. State Street Corp lifted 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 valued at $196,187,000 after acquiring an additional 23,946 shares in the last quarter. Millennium Management LLC boosted its holdings 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 acquiring an additional 2,321,782 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in shares of Sensata Technologies by 16.5% in 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 acquiring an additional 658,728 shares in the last quarter. Finally, FMR LLC raised its holdings in shares of Sensata Technologies by 18.9% in the third quarter. FMR LLC now owns 3,895,776 shares of the scientific and technical instruments company’s stock valued at $139,703,000 after purchasing an additional 618,202 shares during the last quarter. Institutional investors and hedge funds own 99.42% of the company’s stock.

Sensata Technologies Price Performance

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. The company has a market cap of $4.41 billion, a PE ratio of -54.59, a price-to-earnings-growth ratio of 0.89 and a beta of 1.22. Sensata Technologies Holding plc has a 52 week low of $29.33 and a 52 week high of $43.14. The firm’s 50-day simple moving average is $33.07 and its two-hundred day simple moving average is $35.90.

Sensata Technologies (NYSE:ST) last announced its quarterly earnings results on Monday, November 4th. The scientific and technical instruments company reported $0.86 EPS for the quarter, meeting analysts’ consensus estimates of $0.86. Sensata Technologies had a negative net margin of 1.98% and a positive return on equity of 17.68%. The company had revenue of $982.80 million for the quarter, compared to analysts’ expectations of $983.93 million. During the same period in the prior year, the company posted $0.91 EPS. Sensata Technologies’s revenue was down 1.8% compared to the same quarter last year. Research analysts predict that Sensata Technologies Holding plc will post 3.43 earnings per share for the current year.

Sensata Technologies Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 13th were given a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 1.63%. The ex-dividend date was Wednesday, November 13th. Sensata Technologies’s dividend payout ratio (DPR) is presently -88.89%.

Wall Street Analyst Weigh In

ST has been the topic of several analyst reports. UBS Group cut their price target on shares of Sensata Technologies from $44.00 to $39.00 and set a “buy” rating on the stock in a report on Wednesday, November 6th. TD Cowen reduced their target price on Sensata Technologies from $50.00 to $45.00 and set a “buy” rating for the company in a report on Wednesday, November 6th. Oppenheimer dropped their price target on Sensata Technologies from $47.00 to $44.00 and set an “outperform” rating on the stock in a report on Tuesday, November 5th. Stifel Nicolaus reduced their price objective on Sensata Technologies from $43.00 to $38.00 and set a “hold” rating for the company in a research note on Tuesday, November 5th. Finally, Robert W. Baird lowered their target price on Sensata Technologies from $40.00 to $36.00 and set a “neutral” rating on the stock in a research note on Tuesday, November 5th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and five have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $41.00.

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.