Kingswood Wealth Advisors LLC Buys Shares of 6,599 STMicroelectronics N.V. $STM

Kingswood Wealth Advisors LLC purchased a new position in shares of STMicroelectronics N.V. (NYSE:STM) during the second quarter, Holdings Channel.com reports. The firm purchased 6,599 shares of the semiconductor producer’s stock, valued at approximately $201,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Farther Finance Advisors LLC boosted its holdings 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 worth $41,000 after buying an additional 1,085 shares in the last quarter. Smartleaf Asset Management LLC boosted its holdings in shares of STMicroelectronics by 63.1% during the 1st quarter. Smartleaf Asset Management LLC now owns 2,167 shares of the semiconductor producer’s stock worth $48,000 after buying an additional 838 shares in the last quarter. GAMMA Investing LLC boosted its holdings in shares of STMicroelectronics by 184.5% during the 2nd quarter. GAMMA Investing LLC now owns 2,848 shares of the semiconductor producer’s stock worth $87,000 after buying an additional 1,847 shares in the last quarter. Caitong International Asset Management Co. Ltd boosted its holdings in shares of STMicroelectronics by 396.4% during the 1st quarter. Caitong International Asset Management Co. Ltd now owns 3,197 shares of the semiconductor producer’s stock worth $70,000 after buying an additional 2,553 shares in the last quarter. Finally, SBI Securities Co. Ltd. boosted its holdings in shares of STMicroelectronics by 57.2% during the 1st quarter. SBI Securities Co. Ltd. now owns 3,322 shares of the semiconductor producer’s stock worth $73,000 after buying an additional 1,209 shares in the last quarter. 5.05% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on STM shares. BNP Paribas upgraded STMicroelectronics from a “hold” rating to an “outperform” rating in a report on Thursday, September 4th. The Goldman Sachs Group set a $26.50 price target on STMicroelectronics and gave the stock a “neutral” rating in a report on Friday, July 25th. Citigroup reiterated a “buy” rating on shares of STMicroelectronics in a report on Thursday, September 4th. Susquehanna increased their target price on STMicroelectronics from $30.00 to $40.00 and gave the stock a “positive” rating in a report on Tuesday, July 22nd. Finally, Barclays reiterated an “underweight” rating on shares of STMicroelectronics in a report on Tuesday, September 16th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, eight have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, STMicroelectronics has a consensus rating of “Hold” and a consensus target price of $32.06.

STMicroelectronics Trading Down 5.4%

NYSE STM opened at $27.14 on Monday. The firm has a market capitalization of $24.37 billion, a P/E ratio of 39.33, a PEG ratio of 5.56 and a beta of 1.66. The business has a fifty day simple moving average of $26.96 and a 200 day simple moving average of $26.37. STMicroelectronics N.V. has a 12 month low of $17.25 and a 12 month high of $33.47. The company has a current ratio of 2.74, a quick ratio of 1.96 and a debt-to-equity ratio of 0.11.

STMicroelectronics (NYSE:STM) last released its quarterly earnings results on Thursday, July 24th. The semiconductor producer reported $0.06 EPS for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.04). The company had revenue of $2.77 billion during 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. On average, analysts predict that STMicroelectronics N.V. will post 0.85 EPS for the current fiscal year.

About STMicroelectronics

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.