Curi RMB Capital LLC Makes New $2.36 Million Investment in STMicroelectronics N.V. $STM

Key Points

• Curi RMB Capital LLC acquired 106,956 shares of STMicroelectronics, valued at approximately $2.36 million, making it a significant new investor in the company.
• Several other institutional investors, such as Deutsche Bank and Farther Finance Advisors, have also increased their stakes in STMicroelectronics, reflecting growing confidence in the semiconductor producer.
• Despite reporting lower-than-expected earnings with an EPS of $0.06 compared to an expected $0.10, STMicroelectronics had revenue of $2.77 billion, surpassing analyst estimates of $2.71 billion.

Curi RMB Capital LLC bought a new position in STMicroelectronics N.V. (NYSE:STM - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 106,956 shares of the semiconductor producer's stock, valued at approximately $2,356,000.

Several other institutional investors and hedge funds have also modified their holdings of STM. Deutsche Bank AG lifted its holdings in STMicroelectronics by 14.5% during the 4th quarter. Deutsche Bank AG now owns 3,682 shares of the semiconductor producer's stock worth $92,000 after buying an additional 466 shares in the last quarter. PNC Financial Services Group Inc. lifted its holdings in STMicroelectronics by 5.3% during the 1st quarter. PNC Financial Services Group Inc. now owns 12,930 shares of the semiconductor producer's stock worth $284,000 after buying an additional 650 shares in the last quarter. Gallacher Capital Management LLC lifted its holdings in STMicroelectronics by 5.0% during the 1st quarter. Gallacher Capital Management LLC now owns 14,746 shares of the semiconductor producer's stock worth $324,000 after buying an additional 702 shares in the last quarter. Smartleaf Asset Management LLC lifted its holdings in 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. Finally, Farther Finance Advisors LLC lifted its holdings in 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. 5.05% of the stock is owned by institutional investors and hedge funds.

STMicroelectronics Trading Down 1.1%

Shares of STM traded down $0.28 during trading hours on Monday, reaching $26.58. The stock had a trading volume of 5,169,695 shares, compared to its average volume of 5,977,063. The company has a quick ratio of 1.96, a current ratio of 2.74 and a debt-to-equity ratio of 0.11. STMicroelectronics N.V. has a 52 week low of $17.25 and a 52 week high of $33.47. The firm has a 50-day moving average of $28.17 and a 200 day moving average of $25.89. The company has a market cap of $23.87 billion, a P/E ratio of 38.52, a P/E/G ratio of 4.22 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 analysts' consensus estimates of $0.10 by ($0.04). STMicroelectronics had a net margin of 5.49% and a return on equity of 4.55%. The firm had revenue of $2.77 billion during the quarter, compared to the consensus estimate of $2.71 billion. STMicroelectronics has set its Q3 2025 guidance at EPS. On average, sell-side analysts expect that STMicroelectronics N.V. will post 0.85 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research analysts have issued reports on the company. BNP Paribas raised STMicroelectronics from a "hold" rating to an "outperform" rating in a report on Thursday. Citigroup reaffirmed a "buy" rating on shares of STMicroelectronics in a report on Thursday. BNP Paribas Exane raised STMicroelectronics from a "neutral" rating to an "outperform" rating and set a $31.00 price target on the stock in a research note on Thursday. TD Cowen cut their price target on STMicroelectronics from $34.00 to $27.00 and set a "hold" rating on the stock in a research note on Friday, July 25th. Finally, Craig Hallum downgraded STMicroelectronics from a "buy" rating to a "hold" rating and set a $28.00 price target on the stock. in a research note on Thursday, July 24th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, STMicroelectronics currently has a consensus rating of "Moderate Buy" and an average price target of $32.06.

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.