SCHEDULE 13G: T. Rowe Price Associates, Inc. Reports 5.2% Ownership in Sensata Technologies Holding

T. Rowe Price Associates, Inc. files Schedule 13G, disclosing beneficial ownership of 5.2% of Sensata Technologies Holding's common stock as of December 31, 2024.

Summary

• T. Rowe Price Associates, Inc. has filed a Schedule 13G with the SEC regarding its ownership in Sensata Technologies Holding.
• As of December 31, 2024, T. Rowe Price Associates, Inc. beneficially owns 7,821,444 shares of Sensata Technologies Holding's common stock, representing 5.2% of the class.
• T. Rowe Price Associates, Inc. has sole voting power over 7,792,462 shares and sole dispositive power over 7,821,428 shares.
• The filing states that the securities were acquired and are held in the ordinary course of business and not for the purpose of influencing control of the issuer.

Sentiment

Score: 5

Explanation: Neutral sentiment as the document is a regulatory filing disclosing ownership.

Positives

• T. Rowe Price Associates, Inc. holds a significant ownership stake (5.2%) in Sensata Technologies Holding.
• The shares are held in the ordinary course of business, suggesting a long-term investment perspective.

Future Outlook

The document does not contain any forward-looking statements or guidance.

Industry Context

This filing is a routine disclosure required by the SEC for institutional investors holding more than 5% of a publicly traded company's stock. It provides transparency to the market regarding significant ownership positions.

Stakeholder Impact

• Shareholders: Provides information on institutional ownership.
• Company: Informs Sensata Technologies Holding about a significant shareholder.

Key Dates

Keywords

Schedule 13G, Beneficial Ownership, Sensata Technologies Holding, T. Rowe Price Associates, Common Stock, SEC Filing, Investment Adviser