Sensata Technologies Holding N.V. (NYSE:ST) had its target price raised by Oppenheimer Holdings, Inc. from $48.00 to $53.00 in a research report report published on Wednesday, July 26th. Oppenheimer Holdings, Inc. currently has an outperform rating on the scientific and technical instruments company’s stock. Oppenheimer Holdings also issued estimates for Sensata Technologies Holding N.V.’s Q3 2017 earnings at $0.80 EPS and Q4 2017 earnings at $0.83 EPS.
Several other research analysts have also commented on the stock. Barclays PLC reiterated an overweight rating and set a $52.00 price objective on shares of Sensata Technologies Holding N.V. in a research note on Friday, July 7th. Zacks Investment Research upgraded shares of Sensata Technologies Holding N.V. from a hold rating to a buy rating and set a $46.00 price target on the stock in a research note on Tuesday, April 25th. Stifel Nicolaus restated a buy rating and set a $48.00 price target on shares of Sensata Technologies Holding N.V. in a research note on Friday, July 14th. BidaskClub upgraded 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 restated an outperform rating and set a $50.00 price target (up previously from $46.00) on shares of Sensata Technologies Holding N.V. in a research note on Wednesday, July 26th. Four equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Sensata Technologies Holding N.V. currently has an average rating of Buy and an average price target of $49.25.
Shares of Sensata Technologies Holding N.V. (NYSE:ST) opened at 45.02 on Wednesday. Sensata Technologies Holding N.V. has a one year low of $35.10 and a one year high of $47.24. The firm has a 50 day moving average price of $43.71 and a 200-day moving average price of $42.04. The firm has a market cap of $7.71 billion, a P/E ratio of 26.96 and a beta of 1.45.
Sensata Technologies Holding N.V. (NYSE:ST) last posted its quarterly earnings data on Tuesday, July 25th. The scientific and technical instruments company reported $0.81 EPS for the quarter, topping the 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 8.91% and a return on equity of 26.18%. Sensata Technologies Holding N.V.’s revenue was up 1.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.73 EPS. Analysts forecast that Sensata Technologies Holding N.V. will post $3.17 earnings per share for the current year.
In other news, Director Thomas Wroe, Jr. sold 3,685 shares of the 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 in the company, valued at $513,381.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Thomas Wroe, Jr. sold 40,000 shares of the firm’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 have sold 137,790 shares of company stock worth $6,197,882. Insiders own 1.00% of the company’s stock.
A number of large investors have recently added to or reduced their stakes in ST. State Board of Administration of Florida Retirement System boosted its stake in Sensata Technologies Holding N.V. by 1,731.2% in the second quarter. State Board of Administration of Florida Retirement System now owns 116,297 shares of the scientific and technical instruments company’s stock valued at $4,968,000 after buying an additional 109,946 shares during the last quarter. BNP Paribas Arbitrage SA boosted its stake in Sensata Technologies Holding N.V. by 20.7% in the second quarter. BNP Paribas Arbitrage SA now owns 18,855 shares of the scientific and technical instruments company’s stock valued at $805,000 after buying an additional 3,234 shares during the last quarter. BARING ASSET MANAGEMENT Ltd bought a new stake in shares of Sensata Technologies Holding N.V. during the second quarter worth $333,000. Comerica Bank bought a new stake in shares of Sensata Technologies Holding N.V. during the second quarter worth $315,000. Finally, Legal & General Group Plc boosted its stake in shares of Sensata Technologies Holding N.V. by 12.7% in the second quarter. Legal & General Group Plc now owns 748,501 shares of the scientific and technical instruments company’s stock worth $31,976,000 after buying an additional 84,146 shares in the last quarter.
About Sensata Technologies Holding N.V.
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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