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.
Sensata Technologies (NYSE: ST) has announced that its Tire Pressure Monitoring Systems (TPMS) are now being used by multiple commercial tractor and trailer manufacturers globally. This demand for TPMS aligns with the rising safety regulations in Europe and China, as well as new standards in the US concerning greenhouse gas emissions and fuel efficiency. Sensata’s TPMS, specifically tailored for commercial vehicles, enhances safety and efficiency by monitoring tire pressure and temperature, aiming to reduce roadside incidents and improve fuel economy.
Sensata Technologies (NYSE: ST) will host a Teach-In on its Electrification growth initiative on February 22, 2021, at 10:30 a.m. ET. This event will highlight key products, applications, and market drivers associated with the electrification megatrend, which aims to enhance growth across various end markets. Attendees can access the webcast and its replay via the investor relations page of Sensata’s website. Sensata has over 19,000 employees and operates in 13 countries, providing sensor-based solutions to industries such as automotive, aerospace, and heavy vehicles.
Sensata Technologies (NYSE: ST) reported its Q4 and full-year 2021 financial results, achieving record annual revenue of $3,820.8 million, up 25.5% year-over-year. Q4 revenue reached $934.6 million, a 3.1% increase from Q4 2020, although organic revenue declined by 0.9%. Adjusted EPS for FY 2021 was $3.56, growing 61.1% from the previous year. However, Q4 earnings per share fell by 9.1% to $0.70. The company anticipates FY 2022 revenue between $4,125 million and $4,275 million, with adjusted EPS expected to range from $3.80 to $4.06.
Quanergy Systems has reported significant advancements since its merger announcement with CITIC Capital Acquisition Corp (CCAC) in June 2021. The company achieved an industry-first 200-meter OPA range milestone and exceeded revenue guidance for 2021 with a 32% sequential growth from Q3. Customer count grew to nearly 400, and units shipped increased by more than 50% from Q3 to Q4. The average deal size also expanded, with eight deals exceeding $150k in Q4. Overall, Quanergy is poised for growth as it expands its smart LiDAR solutions.
Sensata Technologies (NYSE: ST) has authorized a new share repurchase program worth $500 million, replacing the previous program which had $254 million remaining as of December 31, 2021. This initiative reflects the company’s confidence in its financial outlook and ability to generate strong free cash flow. CEO Jeff Cote emphasized the program's role in enhancing shareholder value while pursuing mergers and acquisitions to bolster growth. The repurchase may take place under various market conditions and could be suspended at any time.
Sensata Technologies (NYSE: ST) will announce its fourth quarter 2021 financial results on February 1, 2022, at 6:00 a.m. ET. A live conference call will follow at 8:00 a.m. ET to discuss the results and business trends. Investors can access the live call via phone or through the company’s investor relations website. A replay will be available until February 8, 2022. Sensata has over 19,000 employees and specializes in sensor-based solutions for various industries, emphasizing safety, efficiency, and connectivity in their products.
Sensata Technologies (NYSE:ST) has launched its new GXC and MXC series of Smart-Tactor™ contactors, equipped with CAN bus communication. These contactors enhance data acquisition and predictive maintenance across military, battery systems, energy storage, commercial vehicles, and industrial applications. The series supports real-time data monitoring, improving system performance and reliability. With features like programmable overcurrent trip points and rugged sealing, these contactors are designed for demanding environments, helping fleet managers and OEMs make informed decisions.
Sensata Technologies (NYSE: ST) announced its acquisition of Sendyne Corp, a leader in sensing technologies for e-mobility. This acquisition enhances Sensata's electrification portfolio and aligns with its strategic focus on advanced electric vehicle technologies. Sendyne's proprietary solutions include innovative current and voltage measuring devices used in EVs and charging stations, supported by over 28 patents. The financial terms remain undisclosed. This move aims to strengthen Sensata’s market position and accelerate its electrification strategy, leveraging Sendyne's expertise in high-performance sensing technologies.
Spear Power Systems has signed a multi-year agreement to supply advanced aerospace batteries to Blue Origin, enhancing their New Glenn heavy-lift launch vehicle. This contract ensures a reliable domestic source of high-performance energy storage, critical for aerospace applications. Spear, based in Grandview, Missouri, has a strong history in custom energy solutions for defense and industrial uses. The company emphasizes safety and performance integrity in its battery systems, which incorporate proprietary safety features. This partnership is expected to boost Spear's market visibility in the aerospace sector.
Sensata Technologies (NYSE: ST) has completed the acquisition of SmartWitness Holdings, a leader in video telematics solutions. This strategic acquisition enhances Sensata's growth initiative in the transportation and logistics sectors. SmartWitness has deployed over 250,000 connected devices and tracks 50 million miles daily across various fleet markets. Sensata's CEO, Jeff Cote, expressed enthusiasm for the synergies that will arise from this acquisition, which is expected to broaden their service offerings to fleet managers and create new growth opportunities for stakeholders.