Sensata Technologies (NYSE:ST) had its target price increased by Stifel Nicolaus from $55.00 to $60.00 in a research note released on Wednesday morning, MarketBeat reports. They currently have a buy rating on the scientific and technical instruments company’s stock.
Other analysts have also issued reports about the stock. Zacks Investment Research lowered shares of Sensata Technologies from a buy rating to a hold rating in a research note on Wednesday, September 20th. Royal Bank of Canada reiterated a buy rating and issued a $55.00 price target on shares of Sensata Technologies in a research note on Wednesday. Cowen reiterated a hold rating and issued a $45.00 price target on shares of Sensata Technologies in a research note on Sunday, September 17th. Finally, Oppenheimer reiterated a buy rating on shares of Sensata Technologies in a research note on Tuesday, October 24th. Seven research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. The stock has a consensus rating of Buy and an average target price of $54.50.
Shares of Sensata Technologies (NYSE ST) opened at $52.42 on Wednesday. Sensata Technologies has a 12 month low of $38.71 and a 12 month high of $53.30. The company has a market cap of $8,979.34, a P/E ratio of 16.96, a PEG ratio of 1.65 and a beta of 1.46. The company has a quick ratio of 2.04, a current ratio of 2.76 and a debt-to-equity ratio of 1.49.
In other Sensata Technologies news, EVP Jeffrey J. Cote sold 40,000 shares of Sensata Technologies stock in a transaction that occurred on Thursday, November 2nd. The shares were sold at an average price of $48.38, for a total transaction of $1,935,200.00. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Paul B. Edgerley purchased 200,000 shares of the stock in a transaction on Thursday, November 16th. The shares were purchased at an average cost of $47.47 per share, for a total transaction of $9,494,000.00. The disclosure for this purchase can be found here. Insiders have sold 87,588 shares of company stock valued at $4,258,599 over the last 90 days. 1.00% of the stock is currently owned by company insiders.
Large investors have recently modified their holdings of the business. Skba Capital Management LLC purchased a new position in Sensata Technologies during the third quarter valued at approximately $201,000. Tredje AP fonden lifted its holdings in Sensata Technologies by 174.7% during the second quarter. Tredje AP fonden now owns 4,780 shares of the scientific and technical instruments company’s stock valued at $204,000 after purchasing an additional 3,040 shares in the last quarter. Aberdeen Asset Management PLC UK purchased a new position in Sensata Technologies during the second quarter valued at approximately $206,000. Cambridge Investment Research Advisors Inc. purchased a new position in Sensata Technologies during the second quarter valued at approximately $216,000. Finally, Saturna Capital CORP purchased a new position in Sensata Technologies during the third quarter valued at approximately $249,000.
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About Sensata Technologies
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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