Sensata Technologies Holding N.V. (NYSE:ST) had its price objective increased by equities research analysts at Citigroup Inc. from $48.00 to $49.00 in a research report issued to clients and investors on Wednesday. The brokerage currently has a “neutral” rating on the scientific and technical instruments company’s stock. Citigroup Inc.’s price objective suggests a potential upside of 6.96% from the stock’s current price.
A number of other analysts have also issued reports on ST. Zacks Investment Research raised shares of Sensata Technologies Holding N.V. from a “hold” rating to a “buy” rating and set a $46.00 target price for the company in a research note on Tuesday, April 25th. Stifel Nicolaus reissued a “buy” rating and set a $48.00 target price on shares of Sensata Technologies Holding N.V. in a research note on Wednesday, April 26th. Barclays PLC reissued a “buy” rating and set a $52.00 target price on shares of Sensata Technologies Holding N.V. in a research note on Thursday, April 27th. BidaskClub raised shares of Sensata Technologies Holding N.V. from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, July 12th. Finally, Royal Bank Of Canada reissued an “outperform” rating and set a $50.00 target price (up from $46.00) on shares of Sensata Technologies Holding N.V. in a research note on Wednesday. Four research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of $49.09.
Shares of Sensata Technologies Holding N.V. (NYSE:ST) traded down 1.91% during midday trading on Wednesday, reaching $45.81. 1,368,817 shares of the company’s stock traded hands. The company has a 50-day moving average of $43.18 and a 200-day moving average of $41.84. The company has a market capitalization of $7.84 billion, a price-to-earnings ratio of 28.63 and a beta of 1.45. Sensata Technologies Holding N.V. has a one year low of $35.10 and a one year high of $47.24.
Sensata Technologies Holding N.V. (NYSE:ST) last issued its earnings results on Tuesday, July 25th. The scientific and technical instruments company reported $0.81 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.78 by $0.03. The firm had revenue of $839.90 million during the quarter, compared to analyst estimates of $835.09 million. Sensata Technologies Holding N.V. had a net margin of 8.51% and a return on equity of 26.46%. The business’s revenue was up 1.5% on a year-over-year basis. During the same period in the previous year, the firm earned $0.73 earnings per share. Equities research analysts anticipate that Sensata Technologies Holding N.V. will post $3.15 EPS for the current year.
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In related news, Director Thomas Wroe, Jr. sold 3,685 shares of the company’s stock in a transaction dated Friday, June 2nd. The shares were sold at an average price of $40.68, for a total value of $149,905.80. Following the completion of the sale, the director now directly owns 12,620 shares of the company’s stock, valued at $513,381.60. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Thomas Wroe, Jr. sold 40,000 shares of the company’s stock in a transaction dated Friday, July 7th. The stock was sold at an average price of $43.87, for a total transaction of $1,754,800.00. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 92,790 shares of company stock valued at $4,106,732. 1.00% of the stock is owned by insiders.
Hedge funds have recently added to or reduced their stakes in the company. 1st Global Advisors Inc. increased its position in shares of Sensata Technologies Holding N.V. by 0.3% in the first quarter. 1st Global Advisors Inc. now owns 21,544 shares of the scientific and technical instruments company’s stock worth $941,000 after buying an additional 60 shares in the last quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. increased its position in shares of Sensata Technologies Holding N.V. by 0.6% in the first quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 25,513 shares of the scientific and technical instruments company’s stock worth $1,114,000 after buying an additional 146 shares in the last quarter. Huntington National Bank increased its position in shares of Sensata Technologies Holding N.V. by 6.0% in the second quarter. Huntington National Bank now owns 2,885 shares of the scientific and technical instruments company’s stock worth $123,000 after buying an additional 164 shares in the last quarter. Mn Services Vermogensbeheer B.V. increased its position in shares of Sensata Technologies Holding N.V. by 4.2% in the first quarter. Mn Services Vermogensbeheer B.V. now owns 4,557 shares of the scientific and technical instruments company’s stock worth $186,000 after buying an additional 185 shares in the last quarter. Finally, Creative Planning increased its position in shares of Sensata Technologies Holding N.V. by 8.7% in the first quarter. Creative Planning now owns 5,150 shares of the scientific and technical instruments company’s stock worth $225,000 after buying an additional 413 shares in the last quarter.
Sensata Technologies Holding N.V. Company Profile
Sensata Technologies Holding N.V. is an industrial technology company. The Company is engaged in the development, manufacture, and sale of sensors and controls. The Company operates through two segments: Performance Sensing and Sensing Solutions. It produces a range of sensors and controls for applications, such as pressure sensors in automotive systems, thermal circuit breakers in aircraft, and bimetal current and temperature control devices.
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