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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 (NYSE: ST) has announced a quarterly dividend of $0.11 per share, set to be paid on February 22, 2023. Shareholders on record as of February 8, 2023 will receive the dividend. This reflects the company's commitment to returning value to its shareholders, as it continues to strengthen its position in the industrial technology sector. Sensata, with over 21,000 employees and operations in 13 countries, aims to create a cleaner and more connected world through advanced sensor solutions. This dividend showcases the company's confidence in its ongoing financial health and operational efficacy.

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Sensata Technologies (NYSE: ST) will report its Q4 2022 financial results on January 31, 2023, at 6:00 a.m. ET. A live conference call will follow at 8:00 a.m. ET, where the company will discuss its business performance. Investors can access the earnings call via telephone or online through the investor relations page. A replay will be available until February 7, 2023. Sensata serves various markets, including automotive, industrial, and aerospace, with over 21,000 employees across 13 countries.

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Sensata Technologies (NYSE: ST) has launched its new Sensata INSIGHTS brand, offering end-to-end IoT solutions for logistics, supply chain, and asset management. This launch aims to tackle challenges related to data utilization in the rapidly growing IoT market. Sensata INSIGHTS combines proprietary hardware and software with machine learning capabilities, providing enhanced data quality for strategic decision-making. The new offerings will be showcased at CES 2023 in Las Vegas, demonstrating Sensata's commitment to innovation through recent acquisitions.

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Sensata Technologies (NYSE: ST) has announced the development of new Tire Mounted Sensors designed for vehicle and tire OEMs. These sensors are directly attached to a tire's inner liner, offering enhanced safety, fuel efficiency, and vehicle handling. The sensors will launch with a leading tire manufacturer in 2023, facilitating better tire identification and lifetime data continuity. Key benefits include improved safety and tire life, accurate load calculations, and simplified warranty tracking. This innovation aims to significantly enhance driving performance and provide valuable insights for drivers and OEMs.

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Sensata Technologies (NYSE: ST) reported third-quarter 2022 revenue of $1,018.3 million, up 7.1% from $951.0 million in Q3 2021. Operating income rose 56.8% to $252.9 million, while EPS increased 71.7% to $0.91. Despite these positive results, adjusted EPS decreased 2.3% to $0.85 due to foreign currency impacts. Sensata’s new business awards for 2022 have already exceeded last year's total, highlighting strong growth momentum. For Q4 2022, revenue guidance is set at $980-$1,020 million, with adjusted EPS anticipated between $0.85 and $0.91.

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Sensata Technologies (NYSE: ST) has declared a quarterly dividend of $0.11 per share, set to be paid on November 23, 2022. The record date for shareholders is November 9, 2022. Sensata is an industrial technology company specializing in sensor-rich solutions, serving various sectors including automotive and aerospace with over 21,000 employees globally.

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Sensata Technologies (NYSE: ST) will release its Q3 2022 financial results on October 25, 2022, at 6:00 a.m. ET. A live conference call will follow at 8:00 a.m. ET to discuss these results. Investors can access the call by dialing 1-844-784-1726 or 1-412-380-7411. A replay will be available until November 1, 2022. Sensata serves various markets through its extensive sensor technology and solutions aimed at creating a cleaner, more efficient world.

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Sensata Technologies (NYSE: ST) has introduced a new Brake Pedal Force Sensor for electromechanical brake systems, enhancing vehicle safety and performance. This sensor actively captures driver intent before pedal movement, improving braking response time by over 10ms and reducing stopping distance. It withstands forces up to 600N, meets ASIL C safety standards, and operates at temperatures up to 140°C. The sensor supports various braking architectures, emphasizing its versatility for hybrid and electric vehicles.

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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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