Blue Trust Inc. cut its holdings in shares of STMicroelectronics N.V. (NYSE:STM – Free Report) by 55.5% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 5,474 shares of the semiconductor producer’s stock after selling 6,831 shares during the period. Blue Trust Inc.’s holdings in STMicroelectronics were worth $166,000 as of its most recent SEC filing.
A number of other institutional investors have also recently modified their holdings of STM. GAMMA Investing LLC grew its position in shares of STMicroelectronics by 1,758.2% during the 1st quarter. GAMMA Investing LLC now owns 21,982 shares of the semiconductor producer’s stock valued at $483,000 after acquiring an additional 20,799 shares during the period. Farther Finance Advisors LLC grew its position in shares of STMicroelectronics by 139.6% during the 1st quarter. Farther Finance Advisors LLC now owns 1,862 shares of the semiconductor producer’s stock valued at $41,000 after acquiring an additional 1,085 shares during the period. QRG Capital Management Inc. grew its position in shares of STMicroelectronics by 11.5% during the 1st quarter. QRG Capital Management Inc. now owns 76,930 shares of the semiconductor producer’s stock valued at $1,689,000 after acquiring an additional 7,913 shares during the period. Shariaportfolio Inc. grew its position in shares of STMicroelectronics by 37.4% during the 1st quarter. Shariaportfolio Inc. now owns 87,131 shares of the semiconductor producer’s stock valued at $1,913,000 after acquiring an additional 23,713 shares during the period. Finally, Oppenheimer Asset Management Inc. grew its position in shares of STMicroelectronics by 146.1% during the 1st quarter. Oppenheimer Asset Management Inc. now owns 25,585 shares of the semiconductor producer’s stock valued at $562,000 after acquiring an additional 15,190 shares during the period. 5.05% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
STM has been the topic of several research analyst reports. Oddo Bhf upgraded STMicroelectronics to an “outperform” rating in a report on Wednesday, July 2nd. The Goldman Sachs Group set a $26.50 price objective on STMicroelectronics and gave the stock a “neutral” rating in a report on Friday, July 25th. Weiss Ratings cut STMicroelectronics from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday, October 8th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of STMicroelectronics in a report on Friday, July 25th. Finally, Citigroup reiterated a “buy” rating on shares of STMicroelectronics in a report on Thursday, September 4th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $32.06.
STMicroelectronics Trading Up 2.2%
STM opened at $28.94 on Thursday. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.74 and a quick ratio of 1.96. The company’s 50 day simple moving average is $27.18 and its two-hundred day simple moving average is $26.45. STMicroelectronics N.V. has a 1-year low of $17.25 and a 1-year high of $33.47. The firm has a market capitalization of $26.00 billion, a price-to-earnings ratio of 41.95, a price-to-earnings-growth ratio of 5.83 and a beta of 1.66.
STMicroelectronics (NYSE:STM – Get Free Report) last released its quarterly earnings results on Thursday, July 24th. The semiconductor producer reported $0.06 EPS for the quarter, missing the consensus estimate of $0.10 by ($0.04). The firm had revenue of $2.77 billion for the quarter, compared to analysts’ expectations of $2.71 billion. STMicroelectronics had a net margin of 5.49% and a return on equity of 4.55%. STMicroelectronics has set its Q3 2025 guidance at EPS. Analysts expect that STMicroelectronics N.V. will post 0.85 EPS for the current fiscal year.
STMicroelectronics Company Profile
STMicroelectronics N.V., together with its subsidiaries, designs, develops, manufactures, and sells semiconductor products in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. The company operates through Automotive and Discrete Group; Analog, MEMS and Sensors Group; and Microcontrollers and Digital ICs Group segments.
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