Welcome to our dedicated page for Sensata Tech news (Ticker: ST), a resource for investors and traders seeking the latest updates and insights on Sensata Tech stock.
Sensata Technologies Holding plc (NYSE: ST) generates a steady flow of news as a global industrial technology company focused on mission-critical sensors, electrical protection components, and sensor-rich solutions. This news page aggregates coverage related to the company’s operations, financial performance, capital structure, product launches, and corporate initiatives.
Investors and followers of ST can find updates on quarterly financial results, where Sensata reports revenue, operating income or loss, earnings per share, cash flow, and a range of non-GAAP metrics such as adjusted operating income, adjusted EPS, free cash flow, and organic revenue growth. These releases often include management commentary on business performance and outlook, as well as information on dividends and share repurchases.
The news feed also highlights capital markets and financing activities, including announcements of cash tender offers by Sensata’s subsidiaries for outstanding senior notes and amendments to its credit facility. Such items provide insight into how the company manages its debt, liquidity, and balance sheet flexibility.
From an operational and technology perspective, Sensata’s news includes product and portfolio developments, such as the launch of the STEV series high-voltage contactors for battery electric and plug-in hybrid vehicles. These stories illustrate the company’s role in electrified transportation and its focus on safety, efficiency, and high-voltage protection in modern vehicle platforms.
Additional coverage may feature leadership and governance changes, including appointments of senior executives and related employment agreements, as well as corporate responsibility and community engagement through the Sensata Technologies Foundation and its STEM and community-focused grants. Bookmark this page to follow the full range of ST news, from earnings and capital allocation decisions to technology introductions and philanthropic activities.
Summary not available.
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.
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.
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.
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.
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.
Sensata Technologies (NYSE: ST) announced the launch of its Lithium Balance n3-BMS, a new Battery Management System (BMS) certified for functional safety. This system supports applications with power ratings up to 1000 volts and 2000 amps, reducing time to market and costs associated with ISO 26262 certification. The n3-BMS features a customizable software structure, enabling developers to integrate their own code while maintaining certification. Sensata will showcase the n3-BMS at the Battery Show North America from September 13 to 15, 2022, in Novi, Michigan.
Sensata Technologies (NYSE: ST) announced plans to fully redeem $500 million of its 4.875% Senior Notes due 2023. The redemption is scheduled for September 28, 2022, at a price of 100% of the principal amount plus accrued interest. All registered holders will receive a notice of redemption from The Bank of New York Mellon, the trustee for the Notes. This strategic move may reflect the company's effort to manage debt effectively while continuing its focus on creating innovative industrial technology solutions.
Sensata Technologies Holding plc (NYSE: ST) announced a private offering of $500 million senior notes with a 5.875% interest rate due in 2030. The notes are priced at par and are expected to close on August 29, 2022. They will be guaranteed by all wholly owned subsidiaries involved in Sensata's senior credit facilities and existing notes. Proceeds will be used to repay existing debt, specifically the 4.875% senior notes due in 2023. The offering is exempt from registration under the Securities Act, targeting qualified institutional buyers and non-U.S. persons.
Sensata Technologies (NYSE: ST) announced plans to offer $500 million in senior notes through its subsidiary, Sensata Technologies B.V. The offering will be exempt from registration under the Securities Act. The notes will be guaranteed by the Issuer's wholly owned subsidiaries and will rank equally with existing senior indebtedness. Proceeds will be used to redeem existing 4.875% senior notes due 2023. The offering is aimed at qualified institutional buyers and non-U.S. persons. This press release serves informational purposes and does not constitute an offer to sell the notes.