Diversified Trust Co Decreases Holdings in STMicroelectronics N.V. $STM

Key Points

• Diversified Trust Co significantly reduced its stake in STMicroelectronics N.V. by 74.7% during the 2nd quarter, now holding just 7,790 shares valued at approximately $237,000.
• Analysts have mixed opinions on STMicroelectronics, with target price revisions ranging from $27.00 to $50.00, resulting in a consensus rating of "Moderate Buy".
• For its last quarter, STMicroelectronics reported earnings of $0.06 per share, below analysts' expectations, while generating revenue of $2.77 billion.

Diversified Trust Co decreased its position in shares of STMicroelectronics N.V. (NYSE:STM - Free Report) by 74.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,790 shares of the semiconductor producer's stock after selling 23,022 shares during the quarter. Diversified Trust Co's holdings in STMicroelectronics were worth $237,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the company. Deutsche Bank AG boosted its position in STMicroelectronics by 14.5% during the fourth quarter. Deutsche Bank AG now owns 3,682 shares of the semiconductor producer's stock worth $92,000 after purchasing an additional 466 shares in the last quarter. PNC Financial Services Group Inc. boosted its position in shares of STMicroelectronics by 5.3% in 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 shares of STMicroelectronics by 5.0% in the first quarter. Gallacher Capital Management LLC now owns 14,746 shares of the semiconductor producer's stock valued at $324,000 after purchasing an additional 702 shares in the last quarter. Smartleaf Asset Management LLC lifted its holdings in shares of 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 purchasing an additional 838 shares in the last quarter. Finally, Farther Finance Advisors LLC lifted its holdings in shares of 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 purchasing an additional 1,085 shares in the last quarter. 5.05% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

STM has been the topic of a number of recent research reports. Susquehanna upped their target price on STMicroelectronics from $30.00 to $40.00 and gave the company a "positive" rating in a research note on Tuesday, July 22nd. Robert W. Baird upgraded STMicroelectronics from a "neutral" rating to an "outperform" rating and upped their price objective for the company from $23.00 to $50.00 in a research report on Tuesday, July 22nd. TD Cowen reduced 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. Citigroup restated a "buy" rating on shares of STMicroelectronics in a report on Thursday, September 4th. Finally, Craig Hallum lowered shares of STMicroelectronics from a "buy" rating to a "hold" rating and set a $28.00 target price on the stock. in a report on Thursday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $32.06.

STMicroelectronics Trading Up 1.3%

Shares of STM stock opened at $29.03 on Thursday. The firm has a market cap of $26.07 billion, a P/E ratio of 42.07, a PEG ratio of 4.75 and a beta of 1.62. STMicroelectronics N.V. has a 1-year low of $17.25 and a 1-year 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 firm's 50-day simple moving average is $27.06 and its 200-day simple moving average is $26.03.

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

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