Fox Run Management L.L.C. Buys New Stake in STMicroelectronics N.V. $STM

Key Points

• Fox Run Management L.L.C. has acquired a new position in STMicroelectronics, purchasing 11,170 shares valued at approximately $245,000 in the 1st quarter.
• STMicroelectronics reported a missed EPS estimate of $0.06 compared to the consensus of $0.10, while revenue was higher than expected at $2.77 billion for the last quarter.
• The company has announced a quarterly dividend of $0.09, which will be paid to shareholders on March 31st, translating to an annual yield of 1.4%.

Fox Run Management L.L.C. acquired a new position in shares of STMicroelectronics N.V. (NYSE:STM - Free Report) in the 1st quarter, according to its most recent filing with the SEC. The fund acquired 11,170 shares of the semiconductor producer's stock, valued at approximately $245,000.

Other large investors also recently bought and sold shares of the company. ABC Arbitrage SA increased its stake in STMicroelectronics by 55.1% during the 1st quarter. ABC Arbitrage SA now owns 95,851 shares of the semiconductor producer's stock worth $2,105,000 after buying an additional 34,042 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of STMicroelectronics during the 4th quarter worth approximately $1,738,000. Foresight Global Investors Inc. acquired a new position in shares of STMicroelectronics during the 1st quarter worth approximately $11,154,000. Ridgewood Investments LLC boosted its holdings in shares of STMicroelectronics by 325.1% during the 1st quarter. Ridgewood Investments LLC now owns 13,174 shares of the semiconductor producer's stock worth $289,000 after purchasing an additional 10,075 shares during the last quarter. Finally, Russell Investments Group Ltd. boosted its holdings in shares of STMicroelectronics by 16.0% during the 4th quarter. Russell Investments Group Ltd. now owns 5,069 shares of the semiconductor producer's stock worth $127,000 after purchasing an additional 700 shares during the last quarter. 5.05% of the stock is currently owned by hedge funds and other institutional investors.

STMicroelectronics Trading Up 6.3%

NYSE:STM traded up $1.6330 during trading hours on Friday, reaching $27.5130. 7,964,246 shares of the stock were exchanged, compared to its average volume of 7,122,427. 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 business has a 50-day moving average of $28.77 and a two-hundred day moving average of $25.70. STMicroelectronics N.V. has a twelve month low of $17.25 and a twelve month high of $33.47. The company has a market capitalization of $24.71 billion, a price-to-earnings ratio of 39.87, a PEG ratio of 4.33 and a beta of 1.61.

STMicroelectronics (NYSE:STM - Get Free Report) last released its quarterly earnings results 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 return on equity of 4.55% and a net margin of 5.49%.The firm had revenue of $2.77 billion for the quarter, compared to analyst estimates of $2.71 billion. STMicroelectronics has set its Q3 2025 guidance at EPS. On average, equities analysts predict that STMicroelectronics N.V. will post 0.85 EPS for the current year.

STMicroelectronics Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 24th will be paid a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date is Tuesday, March 24th. STMicroelectronics's dividend payout ratio is 44.93%.

Analyst Ratings Changes

Several research analysts have recently weighed in on STM shares. Baird R W upgraded STMicroelectronics from a "hold" rating to a "strong-buy" rating in a report on Tuesday, July 22nd. Craig Hallum cut 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. The Goldman Sachs Group set a $26.50 target price on STMicroelectronics and gave the stock a "neutral" rating in a report on Friday, July 25th. 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 report on Tuesday, July 22nd. Finally, Susquehanna increased their price objective on STMicroelectronics from $30.00 to $40.00 and gave the stock a "positive" rating in a research report on Tuesday, July 22nd. Two equities research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $32.21.

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.