ST - Sensata Technologies to Join the S&P MidCap 400 Index
Sensata Technologies (NYSE: ST), a global industrial technology company and leading provider of sensors, sensor-rich solutions and electrical protection devices, today announced that S&P Dow Jones Indices is adding Sensata to the S&P MidCap 400 Index effective with the start of trading on Monday, September 18, 2023.
"Sensata has made excellent progress over the past few years on our way to achieving our goals of scaling our Electrification business to $2 billion in revenue by 2026. We view our inclusion in this key investor index as a reflection of that progress, as well as our overall potential,” said Jeff Cote, CEO and President of Sensata.
S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on these indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has been innovating and developing indices across the spectrum of asset classes helping to define the way investors measure and trade the markets.
About Sensata Technologies
Sensata Technologies is a global industrial technology company striving to create a cleaner, more efficient, electrified, and connected world. Through its broad portfolio of sensors, electrical protection components and sensor-rich solutions which create valuable business insights, Sensata helps its customers address increasingly complex engineering and operating performance requirements. With more than 21,000 employees and global operations in 16 countries, Sensata serves customers in the automotive, heavy vehicle & off-road, industrial, and aerospace markets. Learn more at www.sensata.com and follow us on LinkedIn , Facebook and Twitter .
View source version on businesswire.com: https://www.businesswire.com/news/home/20230911765072/en/
Investors:
Jacob Sayer
+1 (508) 236-1666
jsayer@sensata.com
Media:
Alexia Taxiarchos
+1 (508) 236-1761
ataxiarchos@sensata.com