Analog Century Management LP Invests $34.91 Million in STMicroelectronics N.V. $STM

Key Points

• Analog Century Management LP has acquired a new position in STMicroelectronics N.V., purchasing 1,589,804 shares valued at approximately $34.91 million, making it the firm's 20th largest investment.
• STMicroelectronics reported quarterly earnings with an EPS of $0.06, missing analysts' expectations, but its revenue of $2.77 billion exceeded predictions of $2.71 billion.
• Recent analyst ratings for STMicroelectronics have been mixed, with Baird R W upgrading it to a "strong-buy" rating and TD Cowen reducing its price target from $34.00 to $27.00, reflecting varying investor sentiment.

Analog Century Management LP bought a new stake in STMicroelectronics N.V. (NYSE:STM - Free Report) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 1,589,804 shares of the semiconductor producer's stock, valued at approximately $34,912,000. STMicroelectronics comprises about 2.8% of Analog Century Management LP's holdings, making the stock its 20th largest position. Analog Century Management LP owned approximately 0.18% of STMicroelectronics as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of STM. Farther Finance Advisors LLC boosted its position in STMicroelectronics by 139.6% in the first quarter. Farther Finance Advisors LLC now owns 1,862 shares of the semiconductor producer's stock valued at $41,000 after buying an additional 1,085 shares during the last quarter. Smartleaf Asset Management LLC boosted its position in STMicroelectronics by 63.1% in the first quarter. Smartleaf Asset Management LLC now owns 2,167 shares of the semiconductor producer's stock valued at $48,000 after buying an additional 838 shares during the last quarter. Caitong International Asset Management Co. Ltd boosted its position in STMicroelectronics by 396.4% in the first quarter. Caitong International Asset Management Co. Ltd now owns 3,197 shares of the semiconductor producer's stock valued at $70,000 after buying an additional 2,553 shares during the last quarter. SBI Securities Co. Ltd. boosted its position in STMicroelectronics by 57.2% in the first quarter. SBI Securities Co. Ltd. now owns 3,322 shares of the semiconductor producer's stock valued at $73,000 after buying an additional 1,209 shares during the last quarter. Finally, Allworth Financial LP boosted its position in STMicroelectronics by 59.0% in the first quarter. Allworth Financial LP now owns 3,825 shares of the semiconductor producer's stock valued at $89,000 after buying an additional 1,420 shares during the last quarter. Hedge funds and other institutional investors own 5.05% of the company's stock.

Analysts Set New Price Targets

STM has been the topic of a number of recent research reports. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of STMicroelectronics in a research report on Friday, July 25th. Baird R W upgraded STMicroelectronics from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, July 22nd. Robert W. Baird upgraded STMicroelectronics from a "neutral" rating to an "outperform" rating and upped their price objective for the stock from $23.00 to $50.00 in a research report on Tuesday, July 22nd. TD Cowen lowered their price objective on STMicroelectronics from $34.00 to $27.00 and set a "hold" rating on the stock in a research report on Friday, July 25th. Finally, Oddo Bhf upgraded STMicroelectronics to an "outperform" rating in a research report on Wednesday, July 2nd. Two research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and an average price target of $32.21.

STMicroelectronics Price Performance

NYSE STM traded down $0.75 during mid-day trading on Tuesday, hitting $26.24. The stock had a trading volume of 5,646,033 shares, compared to its average volume of 7,481,667. The firm's 50 day moving average is $28.55 and its 200 day moving average is $25.88. STMicroelectronics N.V. has a twelve month low of $17.25 and a twelve month high of $33.47. 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 stock has a market capitalization of $23.57 billion, a price-to-earnings ratio of 38.03, a PEG ratio of 4.24 and a beta of 1.62.

STMicroelectronics (NYSE:STM - Get Free Report) last issued its earnings results on Thursday, July 24th. The semiconductor producer reported $0.06 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.10 by ($0.04). STMicroelectronics had a return on equity of 4.55% and a net margin of 5.49%.The company had revenue of $2.77 billion during the quarter, compared to analyst estimates of $2.71 billion. STMicroelectronics has set its Q3 2025 guidance at EPS. Equities research analysts forecast that STMicroelectronics N.V. will post 0.85 earnings per share 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.