Harbor Capital Advisors Inc. Buys 192,060 Shares of Sensata Technologies Holding plc (NYSE:ST)

Harbor Capital Advisors Inc. raised its position in shares of Sensata Technologies Holding plc (NYSE:ST) by 72.5% in the third quarter, HoldingsChannel.com reports. The firm owned 456,955 shares of the scientific and technical instruments company’s stock after purchasing an additional 192,060 shares during the quarter. Sensata Technologies accounts for approximately 0.7% of Harbor Capital Advisors Inc.’s portfolio, making the stock its 16th biggest holding. Harbor Capital Advisors Inc.’s holdings in Sensata Technologies were worth $16,386,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. GAMMA Investing LLC increased its position in shares of Sensata Technologies by 399.0% during the second quarter. GAMMA Investing LLC now owns 968 shares of the scientific and technical instruments company’s stock worth $36,000 after buying an additional 774 shares during the period. Versant Capital Management Inc bought a new stake in Sensata Technologies during the second quarter valued at $37,000. Quarry LP boosted its position in Sensata Technologies by 227.1% during the second quarter. Quarry LP now owns 1,063 shares of the scientific and technical instruments company’s stock valued at $40,000 after acquiring an additional 738 shares during the last quarter. SageView Advisory Group LLC acquired a new stake in Sensata Technologies during the 1st quarter worth about $85,000. Finally, First Horizon Advisors Inc. raised its position in shares of Sensata Technologies by 57.9% in the 2nd quarter. First Horizon Advisors Inc. now owns 2,529 shares of the scientific and technical instruments company’s stock worth $95,000 after acquiring an additional 927 shares in the last quarter. Institutional investors own 99.42% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently commented on ST. Wolfe Research began coverage on Sensata Technologies in a research report on Thursday, September 5th. They set a “peer perform” rating on the stock. Bank of America cut their price target on Sensata Technologies from $44.00 to $41.00 and set a “neutral” rating on the stock in a report on Tuesday, July 30th. Evercore ISI lowered their price objective on shares of Sensata Technologies from $60.00 to $50.00 and set an “outperform” rating for the company in a research note on Tuesday, October 15th. Vertical Research initiated coverage on shares of Sensata Technologies in a research report on Tuesday, July 23rd. They set a “buy” rating and a $55.00 target price on the stock. Finally, Oppenheimer reduced their price target on shares of Sensata Technologies from $50.00 to $47.00 and set an “outperform” rating for the company in a report on Wednesday, July 31st. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $43.40.

Sensata Technologies Stock Up 0.4 %

Sensata Technologies stock opened at $34.48 on Friday. The company has a current ratio of 1.77, a quick ratio of 1.31 and a debt-to-equity ratio of 1.06. The firm’s fifty day moving average price is $35.75 and its two-hundred day moving average price is $37.67. The firm has a market capitalization of $5.21 billion, a price-to-earnings ratio of 862.22, a price-to-earnings-growth ratio of 1.36 and a beta of 1.25. Sensata Technologies Holding plc has a 1-year low of $30.56 and a 1-year high of $43.14.

Sensata Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 13th will be paid a dividend of $0.12 per share. The ex-dividend date of this dividend is Wednesday, November 13th. This represents a $0.48 dividend on an annualized basis and a yield of 1.39%. Sensata Technologies’s dividend payout ratio (DPR) is currently 1,200.30%.

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.