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Sensata Technologies Holding plc - ST STOCK NEWS

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Sensata Technologies Holding plc (NYSE: ST) is a global leader specializing in sensing, electrical protection, control, and power management solutions. The company designs and manufactures devices that address the increasing global demands for safety, energy efficiency, and environmental cleanliness across various markets including automotive, appliance, aircraft, industrial, military, heavy vehicle, heating, air-conditioning, ventilation, data, telecommunications, recreational vehicle, and marine sectors.

Sensata Technologies operates a rapidly expanding business valued at $2.4 billion with operational and business centers in 16 countries. The company boasts a workforce of over 17,000 employees worldwide, including 900 individuals in engineering, business development, and corporate support roles at its U.S. headquarters in Attleboro, MA.

With a strong emphasis on local decision-making and innovation, Sensata develops complex products that make a tangible impact. The company has built a solid reputation for integrity and provides global exposure to world-class talent. Sensata's portfolio includes a wide array of sensors such as pressure, temperature, force, and position sensors, predominantly serving the automotive industry. The majority of its revenue stems from automotive applications, focusing on bumper-in technologies.

Recent achievements include partnerships with key industry players, the launch of cutting-edge sensor technologies, and significant growth in emerging markets. Sensata remains committed to delivering high-quality, reliable solutions that contribute to making the world safer and more energy-efficient.

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Sensata Technologies, listed as NYSE: ST, has been named a 2023 Supplier of the Year by General Motors for supplying powertrain and high voltage battery components that enhance vehicle efficiency and safety. The award recognizes Sensata's innovative solutions, on-time deliveries during industry supply shortages, and commitment to exceeding GM's standards.
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Sensata Technologies (ST) will release its first quarter 2024 financial results on April 29, 2024, followed by a live conference call and webcast to discuss the results and business performance.
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Sensata Technologies Holding plc (NYSE: ST) appoints John Mirshekari to its Board of Directors and committees, bringing two decades of finance and investment experience. Mr. Mirshekari's background includes managing Fidelity Investments' equity division and founding M Partners Capital LLC.
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Sensata Technologies (NYSE: ST) announced its financial results for the fourth quarter and full year ended December 31, 2023. The company reported a decrease in revenue for the fourth quarter, with a non-cash goodwill impairment charge affecting operating income and adjusted earnings per share. However, the company's electrification revenue grew by nearly 50% to approximately $700 million in 2023, and it won over $1.3 billion in electrification opportunities over the last three years, indicating potential growth in the coming years.
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Sensata Technologies (NYSE: ST) has approved a quarterly dividend of $0.12 per share, to be paid on February 28, 2023, to shareholders of record as of February 14, 2023.
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Sensata Technologies (NYSE: ST) has set a new goal to achieve a 45% absolute reduction in Scope 1 and 2 market-based emissions by 2030 compared to a 2021 baseline. This supports the company's long-term goal of achieving carbon neutrality in its operations by 2050. The goal is consistent with climate science and the Paris Agreement, reflecting the company's commitment to environmental sustainability.
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Sensata Technologies (NYSE: ST) has announced the launch of the 129CP Series Digital Water Pressure Sensor, aimed at enhancing smart pressure monitoring capabilities for water utilities and reducing waste. The sensor is designed to integrate directly into a water meter's PCB, providing reliable pressure monitoring and enabling water meters to deliver granular insights into water usage. It can monitor pressure ranges from 0-232 psi and is engineered to survive in high-moisture, high-shock environments for 10 to 15 years. The sensor's low power consumption and digital communication capabilities aim to optimize battery life and help utilities quickly identify leaks and other issues to minimize water losses and cost impacts.
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Sensata Technologies (NYSE: ST) will release its Q4 and full year 2023 financial results on February 6, 2024. The company will host a live conference call and webcast to discuss the results and business performance. The webcast and replay will be available on the investor relations page of the Company’s website. Investors can also listen to the earnings call live via telephone.
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Sensata Technologies (NYSE: ST) will showcase innovative technologies and new products at the 2024 Consumer Electronics Show in Las Vegas, focusing on leading the world's transformation to electrification. With a rich history of innovation, Sensata enables customers to address markets responsible for 66% of greenhouse gas emissions, providing solutions for a cleaner, more efficient, electrified, and connected world.
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Sensata Technologies Holding plc (NYSE: ST) announced the full redemption of its $400,000,000 5.625% Senior Notes due 2024, citing a shift in focus away from acquisitions towards addressing the growth of Electrification in-house. The redemption is expected to take place on December 18, 2023, at a redemption price of 100.000% of the outstanding principal amount, plus accrued and unpaid interest.
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FAQ

What is the current stock price of Sensata Technologies Holding plc (ST)?

The current stock price of Sensata Technologies Holding plc (ST) is $31.89 as of November 22, 2024.

What is the market cap of Sensata Technologies Holding plc (ST)?

The market cap of Sensata Technologies Holding plc (ST) is approximately 4.7B.

What does Sensata Technologies specialize in?

Sensata Technologies specializes in sensing, electrical protection, control, and power management solutions for various markets including automotive, industrial, and aerospace.

Where is Sensata Technologies headquartered?

Sensata Technologies is headquartered in Attleboro, MA, USA.

How many employees does Sensata Technologies have?

Sensata Technologies employs over 17,000 people worldwide.

What industries does Sensata Technologies serve?

Sensata serves a wide range of industries including automotive, appliance, aircraft, industrial, military, heavy vehicle, heating, air-conditioning, ventilation, data, telecommunications, recreational vehicle, and marine markets.

What types of sensors does Sensata Technologies produce?

Sensata produces a variety of sensors including pressure, temperature, force, and position sensors.

What is the primary market for Sensata Technologies' products?

The primary market for Sensata's products is the automotive industry.

What is Sensata Technologies' estimated business value?

Sensata Technologies is valued at approximately $2.4 billion.

How many countries does Sensata Technologies operate in?

Sensata Technologies operates in 16 countries.

What is Sensata Technologies' approach to innovation?

Sensata Technologies focuses on local decision-making and developing innovative, complex products that make a real difference.

How does Sensata Technologies contribute to environmental cleanliness?

Sensata Technologies designs and manufactures devices that enhance energy efficiency and help create a cleaner environment.

Sensata Technologies Holding plc

NYSE:ST

ST Rankings

ST Stock Data

4.71B
148.10M
0.97%
106.68%
1.83%
Scientific & Technical Instruments
Industrial Instruments for Measurement, Display, and Control
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United States of America
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