American Century Companies Inc. Grows Position in STMicroelectronics N.V. $STM

Key Points

• American Century Companies Inc. has increased its stake in STMicroelectronics by 3.6%, purchasing an additional 18,906 shares, bringing its total holdings to 537,317 shares worth approximately $11.8 million.
• STMicroelectronics reported earnings per share (EPS) of $0.06 for the recent quarter, falling short of the expected $0.10, while revenue was $2.77 billion, exceeding estimates of $2.71 billion.
• The company declared a quarterly dividend of $0.09 per share, which will be paid on March 31st, representing an annualized yield of 1.3%.

American Century Companies Inc. increased its holdings in STMicroelectronics N.V. (NYSE:STM - Free Report) by 3.6% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 537,317 shares of the semiconductor producer's stock after acquiring an additional 18,906 shares during the period. American Century Companies Inc. owned about 0.06% of STMicroelectronics worth $11,799,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in STM. Invesco Ltd. raised its holdings in shares of STMicroelectronics by 188.1% in the 1st quarter. Invesco Ltd. now owns 5,093,785 shares of the semiconductor producer's stock worth $111,860,000 after acquiring an additional 3,325,998 shares during the last quarter. Voloridge Investment Management LLC raised its holdings in shares of STMicroelectronics by 39.2% in the 4th quarter. Voloridge Investment Management LLC now owns 3,330,616 shares of the semiconductor producer's stock worth $83,165,000 after acquiring an additional 938,097 shares during the last quarter. Two Sigma Investments LP raised its holdings in shares of STMicroelectronics by 19.4% in the 4th quarter. Two Sigma Investments LP now owns 4,475,384 shares of the semiconductor producer's stock worth $111,750,000 after acquiring an additional 725,684 shares during the last quarter. Foresight Global Investors Inc. acquired a new stake in shares of STMicroelectronics in the 1st quarter worth about $11,154,000. Finally, Two Sigma Advisers LP raised its holdings in shares of STMicroelectronics by 35.1% in the 4th quarter. Two Sigma Advisers LP now owns 1,886,700 shares of the semiconductor producer's stock worth $47,111,000 after acquiring an additional 490,000 shares during the last quarter. Institutional investors and hedge funds own 5.05% of the company's stock.

Analyst Upgrades and Downgrades

STM has been the topic of several analyst reports. The Goldman Sachs Group set a $26.50 price target on shares of STMicroelectronics and gave the stock a "neutral" rating in a report on Friday, July 25th. Robert W. Baird upgraded shares of STMicroelectronics from a "neutral" rating to an "outperform" rating and boosted their price target for the stock from $23.00 to $50.00 in a report on Tuesday, July 22nd. Baird R W upgraded shares of STMicroelectronics from a "hold" rating to a "strong-buy" rating in a report on Tuesday, July 22nd. Craig Hallum lowered STMicroelectronics from a "buy" rating to a "hold" rating and set a $28.00 price target on the stock. in a report on Thursday, July 24th. Finally, Oddo Bhf upgraded STMicroelectronics to an "outperform" rating in a report on Wednesday, July 2nd. Two analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, STMicroelectronics has a consensus rating of "Hold" and an average target price of $32.21.

STMicroelectronics Stock Performance

NYSE STM traded down $0.57 during trading hours on Friday, reaching $27.02. 5,728,391 shares of the company were exchanged, compared to its average volume of 6,189,055. STMicroelectronics N.V. has a 1 year low of $17.25 and a 1 year high of $33.47. The business's 50 day simple moving average is $28.59 and its 200-day simple moving average is $25.86. The company has a quick ratio of 1.96, a current ratio of 2.74 and a debt-to-equity ratio of 0.11. The stock has a market capitalization of $24.27 billion, a P/E ratio of 39.16, a P/E/G ratio of 4.24 and a beta of 1.62.

STMicroelectronics (NYSE:STM - Get Free Report) last released its quarterly earnings data 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 business 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. On average, equities research analysts expect that STMicroelectronics N.V. will post 0.85 earnings per share for the current year.

STMicroelectronics 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.