Summit Trail Advisors LLC reduced its stake in Sensata Technologies Holding PLC (NYSE:ST) by 78.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 7,583 shares of the scientific and technical instruments company’s stock after selling 28,233 shares during the period. Summit Trail Advisors LLC’s holdings in Sensata Technologies were worth $361,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of ST. GSA Capital Partners LLP bought a new position in Sensata Technologies in the 1st quarter valued at approximately $132,000. Perigon Wealth Management LLC bought a new position in Sensata Technologies during the 1st quarter worth approximately $183,000. Gideon Capital Advisors Inc. bought a new position in Sensata Technologies during the 2nd quarter worth approximately $207,000. John G Ullman & Associates Inc. bought a new position in Sensata Technologies during the 2nd quarter worth approximately $247,000. Finally, Alps Advisors Inc. bought a new position in Sensata Technologies during the 2nd quarter worth approximately $261,000.

ST stock traded up $0.68 during mid-day trading on Friday, reaching $52.72. 732,609 shares of the company traded hands, compared to its average volume of 1,004,579. The company has a quick ratio of 2.65, a current ratio of 3.38 and a debt-to-equity ratio of 1.29. The firm has a market capitalization of $8.85 billion, a PE ratio of 16.53, a PEG ratio of 1.31 and a beta of 1.58. Sensata Technologies Holding PLC has a 52-week low of $46.25 and a 52-week high of $57.40.

Sensata Technologies (NYSE:ST) last issued its quarterly earnings data on Tuesday, July 24th. The scientific and technical instruments company reported $0.93 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.93. The company had revenue of $914.00 million during the quarter, compared to analyst estimates of $906.90 million. Sensata Technologies had a return on equity of 25.09% and a net margin of 13.09%. Sensata Technologies’s revenue was up 8.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.81 earnings per share. equities research analysts anticipate that Sensata Technologies Holding PLC will post 3.68 EPS for the current fiscal year.

Several research firms recently issued reports on ST. Zacks Investment Research raised shares of Sensata Technologies from a “hold” rating to a “buy” rating and set a $61.00 price target for the company in a research report on Saturday, August 4th. Canaccord Genuity initiated coverage on Sensata Technologies in a research note on Friday, August 3rd. They set a “buy” rating and a $70.00 price objective on the stock. ValuEngine cut Sensata Technologies from a “buy” rating to a “hold” rating in a research note on Wednesday, June 20th. Finally, JPMorgan Chase & Co. restated a “buy” rating and set a $69.00 price objective on shares of Sensata Technologies in a research note on Tuesday, September 11th. Six investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $58.54.

In other Sensata Technologies news, EVP Jeffrey J. Cote sold 5,000 shares of the business’s stock in a transaction that occurred on Monday, July 9th. The stock was sold at an average price of $50.00, for a total value of $250,000.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Steven Beringhause sold 20,253 shares of the business’s stock in a transaction that occurred on Wednesday, August 1st. The shares were sold at an average price of $54.81, for a total value of $1,110,066.93. The disclosure for this sale can be found here. In the last ninety days, insiders sold 68,500 shares of company stock valued at $3,749,276. 2.00% of the stock is owned by insiders.

Sensata Technologies Company Profile

Sensata Technologies Holding PLC would be operating as a holding company for Sensata Technologies Holding N.V. that develops, manufactures, and sells sensors and controls in the Americas, Asia, and Europe. It operates in two segments, Performance Sensing and Sensing Solutions. The Performance Sensing segment supplies pressure sensors, speed and position sensors, temperature sensors, and pressure switches.

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Institutional Ownership by Quarter for Sensata Technologies (NYSE:ST)

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