Skylands Capital LLC reduced its position in Sensata Technologies Holding N.V. (NYSE:ST) by 0.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,800 shares of the scientific and technical instruments company’s stock after selling 100 shares during the period. Skylands Capital LLC’s holdings in Sensata Technologies Holding N.V. were worth $590,000 at the end of the most recent quarter.
A number of other institutional investors also recently modified their holdings of the company. BlackRock Inc. increased its position in Sensata Technologies Holding N.V. by 3,675.0% in the first quarter. BlackRock Inc. now owns 4,923,922 shares of the scientific and technical instruments company’s stock worth $215,028,000 after buying an additional 4,793,488 shares in the last quarter. FMR LLC increased its stake in shares of Sensata Technologies Holding N.V. by 330.2% in the first quarter. FMR LLC now owns 5,105,665 shares of the scientific and technical instruments company’s stock valued at $222,964,000 after buying an additional 3,918,865 shares during the period. Janus Capital Management LLC increased its stake in shares of Sensata Technologies Holding N.V. by 11.5% in the first quarter. Janus Capital Management LLC now owns 14,946,932 shares of the scientific and technical instruments company’s stock valued at $652,725,000 after buying an additional 1,540,719 shares during the period. Neuberger Berman Group LLC increased its stake in shares of Sensata Technologies Holding N.V. by 427.1% in the first quarter. Neuberger Berman Group LLC now owns 1,503,725 shares of the scientific and technical instruments company’s stock valued at $65,668,000 after buying an additional 1,218,436 shares during the period. Finally, Clearbridge Investments LLC boosted its position in Sensata Technologies Holding N.V. by 179.3% in the first quarter. Clearbridge Investments LLC now owns 1,119,224 shares of the scientific and technical instruments company’s stock worth $48,877,000 after buying an additional 718,533 shares in the last quarter.
Sensata Technologies Holding N.V. (ST) traded down 0.25% during midday trading on Friday, hitting $43.40. 775,450 shares of the stock were exchanged. The firm has a 50 day moving average of $44.58 and a 200-day moving average of $42.28. Sensata Technologies Holding N.V. has a 12-month low of $35.10 and a 12-month high of $47.24. The stock has a market cap of $7.43 billion, a price-to-earnings ratio of 25.99 and a beta of 1.45.
Sensata Technologies Holding N.V. (NYSE:ST) last released its earnings results on Tuesday, July 25th. The scientific and technical instruments company reported $0.81 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.78 by $0.03. Sensata Technologies Holding N.V. had a return on equity of 26.18% and a net margin of 8.91%. The company had revenue of $839.90 million for the quarter, compared to analysts’ expectations of $835.09 million. During the same quarter in the previous year, the business posted $0.73 EPS. The business’s revenue for the quarter was up 1.5% on a year-over-year basis. On average, equities analysts expect that Sensata Technologies Holding N.V. will post $3.17 earnings per share for the current year.
A number of research firms have issued reports on ST. Citigroup Inc. raised their price target on shares of Sensata Technologies Holding N.V. from $48.00 to $49.00 and gave the stock a “neutral” rating in a report on Wednesday, July 26th. 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 report 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 report on Friday, July 14th. Barclays PLC restated an “overweight” rating and set a $52.00 price target on shares of Sensata Technologies Holding N.V. in a research report on Friday, July 7th. Finally, BidaskClub lowered shares of Sensata Technologies Holding N.V. from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, July 25th. Four investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of $49.25.
In related news, Director Thomas Wroe, Jr. sold 3,685 shares of the business’s stock in a transaction that occurred on Friday, June 2nd. The stock was 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 owns 12,620 shares of the company’s stock, valued at approximately $513,381.60. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, Director Thomas Wroe, Jr. sold 45,000 shares of the business’s stock in a transaction that occurred on Tuesday, July 25th. The shares were sold at an average price of $46.47, for a total value of $2,091,150.00. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 137,790 shares of company stock worth $6,197,882. Company insiders own 1.00% of the company’s stock.
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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