FORA Capital LLC Reduces Stock Position in STMicroelectronics N.V. $STM

Key Points

• FORA Capital LLC has reduced its stake in STMicroelectronics N.V. by 42.5%, owning 50,926 shares valued at approximately $1.12 million after selling 37,710 shares during the first quarter.
• STMicroelectronics reported $0.06 earnings per share for the quarter, missing estimates, while revenues reached $2.77 billion, exceeding expectations.
• The company has declared a quarterly dividend of $0.09 per share, with a total annualized dividend yield of 1.3%, set to be paid on March 31st.

FORA Capital LLC reduced its stake in shares of STMicroelectronics N.V. (NYSE:STM - Free Report) by 42.5% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 50,926 shares of the semiconductor producer's stock after selling 37,710 shares during the quarter. FORA Capital LLC's holdings in STMicroelectronics were worth $1,118,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Farther Finance Advisors LLC grew 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 worth $41,000 after purchasing an additional 1,085 shares during the last quarter. Smartleaf Asset Management LLC raised 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 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% during the 1st 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 period. SBI Securities Co. Ltd. grew its holdings in STMicroelectronics by 57.2% in the 1st quarter. SBI Securities Co. Ltd. now owns 3,322 shares of the semiconductor producer's stock worth $73,000 after acquiring an additional 1,209 shares during the last quarter. Finally, Deutsche Bank AG increased its position in shares of STMicroelectronics by 14.5% in the fourth quarter. Deutsche Bank AG now owns 3,682 shares of the semiconductor producer's stock valued at $92,000 after acquiring an additional 466 shares during the period. 5.05% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms have recently weighed in on STM. TD Cowen dropped their target price on shares of STMicroelectronics from $34.00 to $27.00 and set a "hold" rating for the company in a report on Friday, July 25th. Craig Hallum lowered STMicroelectronics from a "buy" rating to a "hold" rating and set a $28.00 price target for the company. in a research report on Thursday, July 24th. Robert W. Baird raised STMicroelectronics from a "neutral" rating to an "outperform" rating and raised their price target for the stock from $23.00 to $50.00 in a research note on Tuesday, July 22nd. Oddo Bhf raised STMicroelectronics to an "outperform" rating in a research report on Wednesday, July 2nd. Finally, Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of STMicroelectronics in a report on Friday, July 25th. Two investment analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $32.21.

STMicroelectronics Stock Performance

Shares of NYSE STM traded down $0.75 during midday trading on Tuesday, hitting $26.24. 5,653,677 shares of the stock traded hands, compared to its average volume of 5,797,402. The firm has a 50-day moving average of $28.47 and a two-hundred day moving average of $25.88. The firm has a market capitalization of $23.57 billion, a P/E ratio of 38.03, a PEG ratio of 4.24 and a beta of 1.62. STMicroelectronics N.V. has a one year low of $17.25 and a one year high of $33.47. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.96 and a current ratio of 2.74.

STMicroelectronics (NYSE:STM - Get Free Report) last posted 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). 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 analysts' expectations of $2.71 billion. STMicroelectronics has set its Q3 2025 guidance at EPS. On average, equities analysts forecast that STMicroelectronics N.V. will post 0.85 EPS for the current fiscal 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.